Commencement Of Drill Program At Coyote Basin

VANCOUVER – Homeland Uranium Corp. reported that drilling has commenced on the Phase II exploration program at the Coyote Basin Uranium Project. The Phase II exploration drilling program consists of two parts. Part 1 will consist of the drilling of approximately 35 reverse circulation holes totaling approximately 17,000 ft (5,300 m) that will be focused on the key historical resource-bearing locations identified by previous operators and during the Company’s June mapping and prospecting program.
Drilling under Part 1 of the Phase II program is anticipated to take six to eight weeks to complete. The entire Phase II exploration plan to evaluate the historical resource estimate at Coyote Basin consists of 50 to 70 holes totaling approximately 33,000 ft (10,000 m). The location of all Part 2 holes will be contingent on the results of Part 1 and will require a separate exploration permit from the BLM and DMRS.