Josephine Creek Property Evaluation Of Nickel Laterite Exposures

TORONTO – Homeland Nickel Inc. reported on recently staked Josephine Creek Property located in Southern Oregon, adjacent to Woodcock Mountain and 8 kilometres west of the Town of Cave Junction. During the summer of 2025 Homeland staked 174 mining claims (3,595 acres) over a series of nickel laterite lenses that had previously been identified during exploration programs in the 1950s and 1970s. In late summer the Company visited the property and acquired 82 surface samples across many of the claims. The average nickel (Ni) grade was 0.73% with 10 of the 82 samples having 1.00% Ni or greater. Every sample contained nickel laterite.
President and CEO, Steve Balch, said, “Josephine Creek appeared in our top 10 evaluation of nickel laterite exposures in Southern Oregon, so we staked it. The property is located only a few kilometres from our Woodcock Mountain Property and is located nearby to a major highway and transmission line. Both properties are located outside any Withdraw Area. We are preparing for a 2026 program to define an initial resource based on surface sampling and augering. A Plan of Operation will be submitted to the Forest Service in November. We will not be required to satisfy a Surface use Determination as was required with our Red Flat and Cleopatra Properties”.
Homeland has acquired approximately 350 additional acres of nickel laterite mining claims at Woodcock Mountain.
Homeland has staked additional nickel laterite properties at Iron Mountain, Peavine Mountain and at Free & Easy, bringing the total number of properties to eight. The goal of the staking has been to acquire the best of the previously defined laterite properties in Southern Oregon.
In 2026 Homeland will work toward updating the historical resources at Red Flat (18.8 Mt grading 0.84% Ni) and Cleopatra (39.5 Mt grading 0.93% Ni) and define initial resources at Woodcock Mountain, Josephine Creek and Eight Dollar Mountain.