STOCK TITAN

Homerun Resources Inc. NREL (U.S. Department of Energy) Enduring Energy Storage R&D Partnership Update

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

Homerun Resources Inc. (HMRFF) announces progress in their Enduring Energy Storage research partnership with the U.S. Department of Energy's National Renewable Energy Laboratory (NREL). The research reveals promising results for Homerun's silica sand, achieving high purity levels confirmed by NREL and Colorado School of Mines. Key findings include successful thermal cycle testing, particle characterization, and heat capacity measurements. The silica particles show a mean diameter of 220 μm with normal distribution. The CRADA agreement has been extended to May 2025, focusing on assessing silica sand for energy storage, economic analysis, and developing site-specific storage configurations.

Homerun Resources Inc. (HMRFF) annuncia progressi nella loro partnership di ricerca sull'accumulo energetico duraturo con il Laboratorio Nazionale per le Energie Rinnovabili (NREL) del Dipartimento dell'Energia degli Stati Uniti. La ricerca ha rivelato risultati promettenti per la sabbia di silice di Homerun, raggiungendo elevati livelli di purezza confermati dal NREL e dalla Colorado School of Mines. I risultati chiave includono test di cicli termici di successo, caratterizzazione delle particelle e misurazioni della capacità termica. Le particelle di silice mostrano un diametro medio di 220 μm con distribuzione normale. L'accordo CRADA è stato esteso a maggio 2025, concentrandosi sulla valutazione della sabbia di silice per l'accumulo energetico, analisi economiche e sviluppo di configurazioni di stoccaggio specifiche per il sito.

Homerun Resources Inc. (HMRFF) anuncia avances en su asociación de investigación sobre almacenamiento de energía sostenible con el Laboratorio Nacional de Energías Renovables (NREL) del Departamento de Energía de EE. UU. La investigación revela resultados prometedores para la arena de sílice de Homerun, alcanzando altos niveles de pureza confirmados por el NREL y la Escuela de Minas de Colorado. Los hallazgos clave incluyen pruebas exitosas de ciclos térmicos, caracterización de partículas y mediciones de capacidad térmica. Las partículas de sílice muestran un diámetro medio de 220 μm con distribución normal. El acuerdo CRADA se ha ampliado hasta mayo de 2025, enfocándose en evaluar la arena de sílice para el almacenamiento de energía, análisis económicos y desarrollo de configuraciones de almacenamiento específicas del sitio.

Homerun Resources Inc. (HMRFF)는 미국 에너지부의 국립재생에너지연구소 (NREL)와 함께 지속 가능한 에너지 저장 연구 파트너십에서 진전을 발표했습니다. 연구 결과 Homerun의 규사에 대한 유망한 결과가 나타났으며, NREL과 콜로라도 광업학교에서 확인된 높은 순도 수준을 달성했습니다. 주요 발견 사항으로는 성공적인 열 주기 테스트, 입자 특성 분석 및 열 용량 측정이 포함됩니다. 규사 입자의 평균 지름은 220μm로 정규 분포를 보입니다. CRADA 협정은 2025년 5월까지 연장되어 에너지 저장을 위한 규사 평가, 경제 분석 및 특정 위치에 맞는 저장 구성을 개발하는 데 주력하고 있습니다.

Homerun Resources Inc. (HMRFF) annonce des progrès dans leur partenariat de recherche sur le stockage d'énergie durable avec le Laboratoire National des Énergies Renouvelables (NREL) du Département de l'Énergie des États-Unis. La recherche révèle des résultats prometteurs pour le sable de silice de Homerun, atteignant des niveaux de pureté élevés confirmés par le NREL et l'École des Mines du Colorado. Les principales conclusions incluent des tests de cycles thermiques réussis, une caractérisation des particules et des mesures de capacité thermique. Les particules de silice présentent un diamètre moyen de 220 μm avec une distribution normale. L'accord CRADA a été prolongé jusqu'en mai 2025, se concentrant sur l'évaluation du sable de silice pour le stockage d'énergie, l'analyse économique et le développement de configurations de stockage spécifiques au site.

Homerun Resources Inc. (HMRFF) gibt Fortschritte in ihrer Forschungskooperation mit dem National Renewable Energy Laboratory (NREL) des US-Energieministeriums zur nachhaltigen Energiespeicherung bekannt. Die Forschung zeigt vielversprechende Ergebnisse für Homeruns Silikonsand, der hohe Reinheitsgrade erreicht hat, die vom NREL und der Colorado School of Mines bestätigt wurden. Zu den wichtigsten Ergebnissen gehören erfolgreiche Tests der thermischen Zyklen, die Charakterisierung von Partikeln und die Messung der Wärmeleitungskapazität. Die Silikonsandpartikel weisen einen mittleren Durchmesser von 220 μm mit normaler Verteilung auf. Die CRADA-Vereinbarung wurde bis Mai 2025 verlängert, mit dem Fokus auf die Bewertung von Silikonsand für die Energiespeicherung, Wirtschaftsanalyse und die Entwicklung standortspezifischer Speicherlösungen.

Positive
  • Successful thermal testing showing high purity levels in silica sand
  • CRADA agreement extended to May 2025
  • Positive validation from NREL Principal Investigator
  • Development of commercial analysis and plant configuration underway
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - November 26, 2024) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce an update on the Enduring Energy Storage research being conducted under a co-operative research and development agreement (CRADA) with the U.S. Department of Energy's National Renewable Energy Laboratory (NREL). This news release confirms another Homerun breakthrough utilizing vertically integrated silica processing techniques in the Enduring Energy Storage System.

NREL has performed the following works in particle characterization:

  • Developed thermal cycle testing plan.
  • Screened purification methods by thermal and thermochemical processes.
  • Measured Homerun sand particle size distributions.
  • Measured Homerun sand heat capacity.
  • Worked with lab management on acid utilization (testing completed - pending results).

"Testing to date, points to promising results for the Homerun silica sand achieving a surprisingly high purity based on the findings of our research team and the chemistry department at the Colorado School of Mines. This confirms the original thoughts of Homerun management, on the prospects for using the Homerun silica in the NREL thermal energy storage system for purification and electricity arbitrage," stated Zhiwen Ma, Principal Investigator, National Renewable Energy Laboratory (NREL).

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4082/231328_d68a1334a48e0897_001.jpg

Results show quartz α-β transition and consistency of the heat capacity of the silica.
This transition results in structural change that boosts purification efficiency.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/231328_d68a1334a48e0897_001full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4082/231328_d68a1334a48e0897_002.jpg

Appearance change is indicative of the success of the thermal treatment in removing impurities.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/231328_d68a1334a48e0897_002full.jpg

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4082/231328_d68a1334a48e0897_003full.jpg

The particles mean diameter is 220 µm (0.20 mm) with a normal distribution.
< 10% of the particles are below 110 µm (0.11 mm)
< 10% of the particles are above 438 µm (0.44 mm)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/231328_d68a1334a48e0897_003full.jpg

CRADA Modifications

  • Refinement of the Statement of Work and Term extension to May 2025

Updated Statement of Work:

  1. Assessment of the Homerun silica sand for suitability in energy storage and the use of the post-storage purified silica sand as value-added feedstocks to renewable materials (see the results to date on this item, above).

  2. Analysis of preliminary economic potentials of using silica sand for energy storage and its after-storage use cases.

  3. Develop an energy storage configuration based on a site and material processing methods. NREL and Participants will identify initial site that may have certain facilities (silos or steam power generation with grid connection) and near the end users demanding the heat and/or power. The site preference is easy access to material transportation and renewable power sources. Use NREL energy storage design and modeling tools to develop a plant configuration with component size and layout that considers material handling and generate a process flow diagram. Report on the commercial analysis of the particle thermal energy system specifications and component sizing.

About Homerun Resources (https://homerunresources.com/)
Homerun Resources is focused on the development of its business within the critical and energy materials sectors. With a steadfast commitment to operational excellence, sustainability, and building shareholder value, Homerun Resources is poised to make a lasting impact in these industries.

On behalf of the Board of Directors of
Homerun Resources Inc.

"Brian Leeners"

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements".

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231328

FAQ

What are the key findings of HMRFF's silica sand testing at NREL?

Testing revealed high purity levels in Homerun's silica sand, with particles showing a mean diameter of 220 μm. The research confirmed successful thermal cycle testing, purification methods, and heat capacity measurements.

When does HMRFF's CRADA agreement with NREL expire?

The CRADA agreement has been extended to May 2025.

What are the main objectives of HMRFF's updated Statement of Work with NREL?

The updated objectives include assessing silica sand for energy storage, analyzing economic potential, and developing site-specific energy storage configurations with consideration for material handling and transportation.

HOMERUN RES INC

OTC:HMRFF

HMRFF Rankings

HMRFF Latest News

HMRFF Stock Data

65.41M
47.21M
16.54%
Gold
Basic Materials
Link
United States of America
Vancouver