HOMERUN RESOURCES INC. REPORTS DISCOVERY OF HPQ SILICA SAND IN MULTIPLE LOCATIONS ON 100% OWNED TENEMENTS IN BELMONTE, BRAZIL

Vancouver, BC: Homerun Resources Inc. (“Homerun” ou a “Empresa”) (TSXV: HMR) (OTCQB: HMRFF) is pleased to announce that the Company has performed an exploratory auger drilling program on its 100% owned silica sand tenements in the Belmonte Silica Sand District  and was able to identify HPQ silica sand exploration target volumes in multiple areas across the total 7930 Hectares.

DESTAQUES:

  • The concessions are contiguous to the quartzite stone operations of Saint Gobain (Brazil).
  • HPQ silica sand is visible at surface across these tenements.
  • The drilling was performed during a heavy rain season, which jeopardized recovery and caused water to limit the depth of several holes.
  • Average results across all sampled drilling is 99.23% Si02 with best result being 99.80% Si02 all with very low impurities.
  • Exploration target of over 200 million tonnes is projected within the concessions.

Figure 1. Map of area, silica sand occurrence, holes and walked path.

The drilling was performed during a heavy rain season, which jeopardized recovery and caused water to limit the depth of several holes. Nevertheless, there is no underground water in the drilling areas outside of heavy rain periods.

Figures 2 and 3: images from the drilling site.

Samples were prepared by Homerun’s geology team by sorting, homogenizing, composing, washing and bagging, and subsequently sent to SGS for Analysis. SGS uses the ICM42Q assay method, which was performed on pure SiO2 samples. The technique includes a multi-acid (HCl, HNO3, HCLO4 and HF) digestion with ICP-OES / ICP-MS finish. Table 1 below shows a summary of the obtained results:

Element (unit)Resultado médioMelhor resultado
SiO2 (%)99.2399.80
Fe (ppm)18973
Al (ppm)432173
Ti (ppm)30278

Table 1. Summary of lab results

Figure 4: areas of silica sand occurrence.

The program was executed between September 2nd and 6th, 2024, when 15 holes were drilled at 4 claim areas (ANM process numbers):

871.952/2023

871.953/2023

871.954/2023

871.955/2023

HoleDept (m)Remark
HREH-0012,00hit water
HREH-0022,00hit water
HREH-0035,00stop recovery
HREH-0041,43hit water
HREH-0052,00hit clay
HREH-0064,00collapsed
HREH-0072,00hit water
HREH-0081,59hit water
HREH-0092,00hit water
HREH-0102,00hit water
HREH-0112,00hit water
HREH-0122,00hit rock
HREH-0133,62hit water
HREH-0141,76hit water
HREH-0154,00stop recovery

Table 2. Depth and observations of drillholes

Satellite image analysis allowed our geological team to calculate the extension of the four sand occurrences as 9,914,354 m² (as detailed in Figure 4 above).

Based on the historical data and the previous work done by the Company in the Belmonte Silica Sand District, and using a minimum depth of 10 meters of silica sand occurrence with an average density of 2.2 t / m³, an exploration target of 218,115,788 tonnes can be set for the future development of these tenements.

“The work performed in this new area discovered by Homerun with great technical accuracy by our exceptional field geology group demonstrates that the Belmonte Silica Sand District has great potential to be exponentially larger than previously known, and developing our 100% own mineral rights will allow Homerun to strengthen the execution of its business plan with enhanced control and flexibility,” says Armando Farhate, COO of Homerun.

Pessoa Qualificada

O Sr. Roque Yuri Tandel é geólogo consultor e revisou e aprovou as informações científicas e técnicas contidas neste comunicado à imprensa. O Sr. Tandel é Geólogo (1985), Mestre (1993) e Doutor em Geologia (1998) pela Universidade de São Paulo (USP SP). É sócio fundador e Diretor Técnico da Geoinform Pesquisas Geológicas Ltda, há 39 anos no mercado de serviços geológicos, Mineração e Meio Ambiente, com especial ênfase em prospecção mineral, cubagem, direito mineral, geofísica, geoestatística e investigação de passivos ambientais.

Sobre os recursos do Homerun (https://homerunresources.com/)

A Homerun Resources está focada no desenvolvimento do seu negócio nos setores de materiais críticos e energéticos. Com um compromisso constante com a excelência operacional, a sustentabilidade e a criação de valor para os acionistas, a Homerun Resources Inc. está preparada para causar um impacto duradouro nesses setores.

Em nome do Conselho de Administração da

Recursos Homerun Inc.

“Brian Leeners”

Brian Leeners, CEO e Diretor

[email protected] / +1 604-862-4184 (WhatsApp)

PARA A ADEQUAÇÃO OU PRECISÃO DESTE LANÇAMENTO

As informações aqui contidas contêm “declarações prospectivas” na acepção da legislação de valores mobiliários aplicável. As declarações prospectivas referem-se a informações baseadas em suposições da administração, previsões de resultados futuros e estimativas de valores ainda não determináveis. Quaisquer declarações que expressem previsões, expectativas, crenças, planos, projeções, objetivos, suposições ou eventos ou desempenho futuros não são declarações de fatos históricos e podem ser “declarações prospectivas”.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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