AT THE FOREFRONT OF ONE OF THE WORLDS HIGHEST QUALITY SILICA SAND DISTRICTS

TSXV: HMR | OTC: HMRFF | FSE: 5ZE

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HOMERUN RESOURCES' REMARKABLE JOURNEY

  • PRIMARY INTERIM HPQ SILICA SUPPLY – BACKED BY A FULLY PERMITTED OPERATION WITH AN ANNUAL ALLOWANCE OF UP TO 2.5M TONNES AND AN INDICATED RESOURCE OF 94,894,847 TONNES WITH AN AVERAGE GRADE OF 99.88% SIO2. THIS HPQ SILICA WILL BE HOMERUN’S INITIAL SUPPLY FROM THE BELMONTE DISTRICT AND WILL BE PROCESSED AND SHIPPED FROM MULTIPLE PORT FACILITIES
  • ADDITIONAL HPQ SILICA RESOURCES – HOMERUN SIGNED A CONFIDENTIALITY COMMITMENT DOCUMENT WITH CBPM, A BAHIA STATE GOVERNMENT ORGANIZATION WHICH WILL REPRESENT JOINT OWNERSHIP OVER MULTIPLE ADDITIONAL RESOURCES OF SIMILAR GRADE. IT IS HOMERUN’S NEAR-TERM GOAL TO DEVELOP THIS RESOURCE TO A PERMITTED 100 MILLION TONNES. THE COMPANY WILL CONTINUE TO ACCUMULATE OWNERSHIP IN THE DISTRICT AND GLOBALLY.
  • VERIFIED THIRD PARTY HPQ UPGRADE POTENTIAL – OUR PRODUCT HAS VERY LITTLE IMPURITIES IN ITS RAW FORM, MAKING PROCESSING TO HIGH PURITY SI02 A SIMPLE AND COST-EFFECTIVE INITIATIVE WHILE GREATLY INCREASING PROFIT MARGINS. NOTABLY, THIS SILICA DISTRICT HAS EXTREMELY LOW IRON CONTENT MAKING IT IDEAL AND RARE FOR GLASS PRODUCTS.
  • EXCEPTIONAL MANAGEMENT – HOMERUN MANAGEMENT HAS QUICKLY DEFINED HOMERUN AS A MAJOR PLAYER IN THE GLOBAL SILICA MARKET, STRIKING SIGNIFICANT RELATIONSHIPS AROUND THE WORLD INCLUDING THE U.S DEPARTMENT OF ENERGY’S NREL, THE BAHIA STATE OF BRAZIL’S CBPM, AND OMAN’S MINERAL DEVELOPMENT COMPANY (MDO)
  • ENTERING MULTI-BILLION DOLLAR VERTICALS – THROUGH R&D INITIATIVES, HOMERUN HAS DEVELOPED MULTIPLE USE CASES FOR OUR HPQ SILICA AND HAS BEEN WORKING DILIGENTLY IN ENERGY STORAGE ALTERNATIVES, BATTERY ALTERNATIVES AND GLASS ALTERNATIVES. EACH OF WHICH ARE GROWING MULTI-BILLION DOLLAR INDUSTRIES WITH  IMMENSE DEMAND FOR THE WORLDS RENEWABLE ENERGY TRANSITION.
  • PRIMARY INTERIM HPQ SILICA SUPPLY – BACKED BY A FULLY PERMITTED OPERATION WITH AN ANNUAL ALLOWANCE OF UP TO 2.5M TONNES AND AN INDICATED RESOURCE OF 94,894,847 TONNES WITH AN AVERAGE GRADE OF 99.88% SIO2. THIS HPQ SILICA WILL BE HOMERUN’S INITIAL SUPPLY FROM THE BELMONTE DISTRICT AND WILL BE PROCESSED AND SHIPPED FROM MULTIPLE PORT FACILITIES

  • ADDITIONAL HPQ SILICA RESOURCES – HOMERUN SIGNED A CONFIDENTIALITY COMMITMENT DOCUMENT WITH CBPM, A BAHIA STATE GOVERNMENT ORGANIZATION WHICH WILL REPRESENT JOINT OWNERSHIP OVER MULTIPLE ADDITIONAL RESOURCES OF SIMILAR GRADE. IT IS HOMERUN’S NEAR-TERM GOAL TO DEVELOP THIS RESOURCE TO A PERMITTED 100 MILLION TONNES. THE COMPANY WILL CONTINUE TO ACCUMULATE OWNERSHIP IN THE DISTRICT AND GLOBALLY.

  • VERIFIED THIRD PARTY HPQ UPGRADE POTENTIAL – OUR PRODUCT HAS VERY LITTLE IMPURITIES IN ITS RAW FORM, MAKING PROCESSING TO HIGH PURITY SI02 A SIMPLE AND COST-EFFECTIVE INITIATIVE WHILE GREATLY INCREASING PROFIT MARGINS. NOTABLY, THIS SILICA DISTRICT HAS EXTREMELY LOW IRON CONTENT MAKING IT IDEAL AND RARE FOR GLASS PRODUCTS.

  • EXCEPTIONAL MANAGEMENT – HOMERUN MANAGEMENT HAS QUICKLY DEFINED HOMERUN AS A MAJOR PLAYER IN THE GLOBAL SILICA MARKET, STRIKING SIGNIFICANT RELATIONSHIPS AROUND THE WORLD INCLUDING THE U.S DEPARTMENT OF ENERGY’S NREL, THE BAHIA STATE OF BRAZIL’S CBPM, AND OMAN’S MINERAL DEVELOPMENT COMPANY (MDO)

  • ENTERING MULTI-BILLION DOLLAR VERTICALS – THROUGH R&D INITIATIVES, HOMERUN HAS DEVELOPED MULTIPLE USE CASES FOR OUR HPQ SILICA AND HAS BEEN WORKING DILIGENTLY IN ENERGY STORAGE ALTERNATIVES, BATTERY ALTERNATIVES AND GLASS ALTERNATIVES. EACH OF WHICH ARE GROWING MULTI-BILLION DOLLAR INDUSTRIES WITH  IMMENSE DEMAND FOR THE WORLDS RENEWABLE ENERGY TRANSITION.

HOMERUN IS EXECUTING A 3 PHASE BUSINESS PLAN

GOAL – 100M PERMITTED & OWNED TONNES (SI GRADE >99.75) BY END OF 2024              

Homerun has announced multiple agreements to secure a substantial supply of Silica from the Belmonte District in Bahia, Brazil, including our partnership with the Bahian State Government. This exceptionally high-grade raw resource can be efficiently processed to serve the premium end-markets for HPQ Silica. The strategic imperative under Phase 1, was to secure a steady and reliable source of HPQ Silica against a backdrop of increasing global demand in sustainable industrial and green energy applications. The Company will continue in its ongoing plans to add to and develop its resources in the Belmonte Silica Sand District as well as look for other resources of high-grade silica, globally.

GOAL – PRODUCTION OF PROCESSED SILICA IN 2024

The Silica Sand from the Belmonte District can be sold in its natural form to a select few organizations that have their own upgrade processing operations, but this is a very low margin opportunity. The supply into higher-value end-uses requires at least a minimal amount of processing (wash, size, dry and bag).

Under Phase 2, the focus is on obtaining the required infrastructure through partnership, purchase, lease and capital expenditure for the mining, transportation, storage and processing to HPQ Silica. Announcements in this area will be forthcoming over the first half of 2024 to facilitate first HPQ Silica revenues in the second half of 2024.

GOAL – NREL R&D COMPLETE AND SOLAR PLANT LOGISTICS & ENGINEERING IN 2024

Homerun is driving toward revenue and at the same time, under Phase 3, executing on engineering and R&D plans to secure competitive advantages in HPQ Silica verticals serving the Energy Transition. Announcements in this area have already been made (NREL) and will be forthcoming over the entirety of 2024 with deliverables expected in 2025 and beyond.

HOMERUN RESOURCES OBJECTIVES

We will be a top supplier of HPQ Silica and manufactured HPQ Silica products into the Energy Transition.

We will create jobs for and support the local people of Brazil, while respecting the environment and culture of Brazil.

OUR FULLY INTEGRATED OPERATIONS IN BAHIA, BRAZIL

2023

BAHIA SILICA SAND DISTRICT

NEARBY PORTS ALLOW FOR ECONOMIC STORAGE AND
SHIPPING TO CUSTOMERS IN BRAZIL AND AROUND THE WORLD.

Homerun Resources
  • PRODUCT WILL BE EXTRACTED AND MOVED TO TIDE WATER THROUGH BELMONTE. PRODUCT WILL BE TRANSPORTED FROM MINE BY LARGE TRUCKS TO LARGE OCEAN BARGE TO STORAGE AT PORT OF ILHEUS.
  • BELMONTE HAS MINE, ROAD, POWER, AND GAS INFRASTRUCTURE WITH BARGE LOADING FACILITY.
  • PORT OF ILHEUS WILL PROVIDE STORAGE, PHYSICAL PROCESSING, LOADING AND SHIPPING OF SILICA SAND. RECENT GOVERNMENT FUNDED UPGRADES AT PORT WITH IMMEDIATE CAPACITY.
  • PORT OF ARATU WILL PROVIDE STORAGE, LOADING, SHIPPING AND ADVANCED PROCESSING OF SILICA SAND.
  • BOTH PORTS HAVE IMMEDIATE CAPABILITIES FOR PRODUCT STORAGE AND SHIPPING IN MASS TONNAGE. ILHÉUS WILL BE PRIMARY BULK PORT WHILE ARATU IS BOTH A BULK AND CONTAINER PORT FACILITY. SIGNIFICANT COST REDUCTIONS DUE TO INFRASTRUCTURE IN PLACE AND READY FOR USE.

ARATU – CAMACARI, BRAZIL PORT AND PLANNED MATERIALS FACILITIES

ILHÉUS, BRAZIL PORT

Homerun Resources

BAHIA SILICA SAND DISTRICT

NEARBY PORTS ALLOW FOR ECONOMIC STORAGE AND
SHIPPING TO CUSTOMERS IN BRAZIL AND AROUND THE WORLD.

  • PRODUCT WILL BE EXTRACTED AND MOVED TO TIDE WATER THROUGH BELMONTE. PRODUCT WILL BE TRANSPORTED FROM MINE BY LARGE TRUCKS TO LARGE OCEAN BARGE TO STORAGE AT PORT OF ILHEUS.

  • BELMONTE HAS MINE, ROAD, POWER, AND GAS INFRASTRUCTURE WITH BARGE LOADING FACILITY.

  • PORT OF ILHEUS WILL PROVIDE STORAGE, PHYSICAL PROCESSING, LOADING AND SHIPPING OF SILICA SAND. RECENT GOVERNMENT FUNDED UPGRADES AT PORT WITH IMMEDIATE CAPACITY.

  • PORT OF ARATU WILL PROVIDE STORAGE, LOADING, SHIPPING AND ADVANCED PROCESSING OF SILICA SAND.

  • BOTH PORTS HAVE IMMEDIATE CAPABILITIES FOR PRODUCT STORAGE AND SHIPPING IN MASS TONNAGE. ILHÉUS WILL BE PRIMARY BULK PORT WHILE ARATU IS BOTH A BULK AND CONTAINER PORT FACILITY. SIGNIFICANT COST REDUCTIONS DUE TO INFRASTRUCTURE IN PLACE AND READY FOR USE.

ARATU – CAMACARI, BRAZIL PORT AND PLANNED MATERIALS FACILITIES

ILHÉUS, BRAZIL PORT

AVERAGE USD PRICES FOR HPQ SILICA GRADES

  • HMR Raw (In Ground) Material Grades AVG +99.75% Si02
  • Standard Physical Processing Achieves Grade +99.985% Si02
  • GOAL (Testing Underway) Thermal Processing Grade of +99.99% Si02
  • Pyramid is representation of market size per use case.
Homerun Resources

HOMERUNS MULTI-VERTICAL APPROACH

ENERGY STORAGE SYSTEM

The National Renewable Energy Laboratory (NREL) is in the late stages of prototype testing a new thermal energy storage technology that uses inexpensive silica sand as a storage medium. Economic Long-Duration Electricity Storage by Using Low-Cost Thermal Energy Storage and High-Efficiency Power Cycle (ENDURING) is billed as a reliable, cost-effective, and scalable solution that can be sited ANYWHERE!

ENDURING heats a thermal storage medium — silica sand — with excess solar or wind energy. Particles are heated to 1,200°C by passing them through an array of electric resistive heating devices. The heated particles are then gravity-fed into insulated concrete silos to be stored for thermal energy. One of the most attractive features of the ENDURING system is its ability to be installed as part of the grid network. Furthermore, this system could help phase out traditional coal and natural gas plants and could even be placed on existing infrastructure on decommissioned sites respectively. NREL believes that a single baseline, ENDURING system can store up to 26,000 MWh of thermal energy; equivalent to the annual energy consumption of more than 400 households. Furthermore, the technology could be rolled out at costs ranging between 2 to 4 USD per kWh, making it a low-cost thermal energy storage solution.

The Parties will analyze the economic benefits of using Homerun’s silica sand for energy storage, including energy arbitrage from energy storage and grid service, processing of the silica sand by using low-cost electricity in energy storage, and generating potential income from processed materials after its use for energy storage

ENERGY STORAGE SYSTEM

The National Renewable Energy Laboratory (NREL) is in the late stages of prototype testing a new thermal energy storage technology that uses inexpensive silica sand as a storage medium. Economic Long-Duration Electricity Storage by Using Low-Cost Thermal Energy Storage and High-Efficiency Power Cycle (ENDURING) is billed as a reliable, cost-effective, and scalable solution that can be sited ANYWHERE!

ENDURING heats a thermal storage medium — silica sand — with excess solar or wind energy. Particles are heated to 1,200°C by passing them through an array of electric resistive heating devices. The heated particles are then gravity-fed into insulated concrete silos to be stored for thermal energy. One of the most attractive features of the ENDURING system is its ability to be installed as part of the grid network. Furthermore, this system could help phase out traditional coal and natural gas plants and could even be placed on existing infrastructure on decommissioned sites respectively. NREL believes that a single baseline, ENDURING system can store up to 26,000 MWh of thermal energy; equivalent to the annual energy consumption of more than 400 households. Furthermore, the technology could be rolled out at costs ranging between 2 to 4 USD per kWh, making it a low-cost thermal energy storage solution.

The Parties will analyze the economic benefits of using Homerun’s silica sand for energy storage, including energy arbitrage from energy storage and grid service, processing of the silica sand by using low-cost electricity in energy storage, and generating potential income from processed materials after its use for energy storage

GLASS MANUFACTURING FACILITIES

Homerun is planning to build a Solar Glass and Container Glass Plant with 1,000 t/day capacity in Bahia, Brazil at the Port of Aratu. 

This facility will produce solar glass, container glass and float glass. Offtake partners will be announced in 2024. 

Homerun also announced an MOU with Minerals Development Oman (MDO) 

Under the signed MOU, the parties are to complete a scoping study for the development of a solar glass manufacturing facility in Oman. The study’s cost will be shared equally between the parties involved.

The contents of the scoping study will include, but not be limited to, the following:

  • Market studies.
  • Technical considerations.
  • Preliminary economic assessment.

Based on the outcome of the scoping study, the Parties may decide to proceed to undertake a pre-feasibility and/or a definitive feasibility study on a solar glass manufacturing facility in Oman. Upon successful completion of a definitive feasibility study and obtaining internal approvals by both Parties, a proposed special purpose vehicle (SPV) will be formed, and a shareholders’ agreement will be signed by the Parties for the purpose of building and operating a solar glass production facility in Oman. The relative shareholdings of the SPV will be discussed prior to undertaking the pre-feasibility study and/or the definitive feasibility study.

GLASS MANUFACTURING FACILITIES

Homerun is planning to build a Solar Glass and Container Glass Plant with 1,000 t/day capacity in Bahia, Brazil at the Port of Aratu. 

This facility will produce solar glass, container glass and float glass. Offtake partners will be announced in 2024. 

Homerun also announced an MOU with Minerals Development Oman (MDO) 

Under the signed MOU, the parties are to complete a scoping study for the development of a solar glass manufacturing facility in Oman. The study’s cost will be shared equally between the parties involved.

The contents of the scoping study will include, but not be limited to, the following:

  • Market studies.
  • Technical considerations.
  • Preliminary economic assessment.

Based on the outcome of the scoping study, the Parties may decide to proceed to undertake a pre-feasibility and/or a definitive feasibility study on a solar glass manufacturing facility in Oman. Upon successful completion of a definitive feasibility study and obtaining internal approvals by both Parties, a proposed special purpose vehicle (SPV) will be formed, and a shareholders’ agreement will be signed by the Parties for the purpose of building and operating a solar glass production facility in Oman. The relative shareholdings of the SPV will be discussed prior to undertaking the pre-feasibility study and/or the definitive feasibility study.

Share Structure & Corporate Presentation

Rockstone Research Report #1

Rockstone Research Report #2

RECENT COMPANY NEWS

Homerun Resources Inc. Announces Financing

Vancouver, British Columbia- February 15, 2024 – Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) (“Homerun” or the “Company”) is pleased to announce a non-brokered private placement financing for aggregate gross proceeds of up to $1,000,000. The financing will consist of up to

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