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Homerun Resources Inc. Reports Discovery of HPQ Silica Sand in Multiple Locations on 100% Owned Tenements in Belmonte, Brazil

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Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has discovered high-purity quartz (HPQ) silica sand in multiple locations across its 100% owned tenements in the Belmonte Silica Sand District, Brazil. The exploratory auger drilling program revealed an average of 99.23% SiO2 content, with the best result reaching 99.80% SiO2. The company projects an exploration target of over 200 million tonnes within the 7,930-hectare concessions. The drilling program, conducted in September 2024, included 15 holes across 4 claim areas, though heavy rainfall affected recovery and depth in several locations.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ha scoperto sabbia di silice (HPQ) ad alta purezza in più posizioni all'interno dei suoi terreni di proprietà al 100% nel Distretto della Sabbia di Silice di Belmonte, Brasile. Il programma di perforazione esplorativa ha rivelato un contenuto medio di 99,23% SiO2, con il miglior risultato che ha raggiunto il 99,80% SiO2. L'azienda prevede un obiettivo di esplorazione di oltre 200 milioni di tonnellate all'interno delle concessioni di 7.930 ettari. Il programma di perforazione, condotto a settembre 2024, includeva 15 fori in 4 aree di richiesta, anche se forti piogge hanno influenzato il recupero e la profondità in diverse località.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ha descubierto arena de sílice (HPQ) de alta pureza en múltiples ubicaciones de sus tenencias de propiedad al 100% en el Distrito de Arena de Sílice de Belmonte, Brasil. El programa de perforación exploratoria reveló un contenido promedio de 99.23% SiO2, siendo el mejor resultado de 99.80% SiO2. La compañía proyecta un objetivo de exploración de más de 200 millones de toneladas dentro de las concesiones de 7,930 hectáreas. El programa de perforación, realizado en septiembre de 2024, incluyó 15 agujeros en 4 áreas de concesión, aunque las fuertes lluvias afectaron la recuperación y la profundidad en varias ubicaciones.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF)는 브라질 벨몬트 실리카 샌드 지구에 위치한 100% 소유의 토지에서 고순도 석영(HPQ) 실리카 모래를 여러 장소에서 발견했습니다. 탐사 오거 굴착 프로그램은 평균 99.23% SiO2 함량을 나타냈으며, 가장 좋은 결과는 99.80% SiO2에 달했습니다. 회사는 7,930헥타르의 권리에서 2억 톤 이상의 탐사 목표를 설정하고 있습니다. 2024년 9월에 실시된 드릴링 프로그램은 4개의 청구 지역에서 15개의 구멍을 포함했지만, 강우로 인해 여러 위치에서 회수 및 깊이에 영향이 있었습니다.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) a découvert du sable de silice (HPQ) de haute pureté à plusieurs endroits sur ses concessions entièrement détenues à Belmonte Silica Sand District, Brésil. Le programme de forage exploratoire a révélé une teneur moyenne de 99,23% SiO2, le meilleur résultat atteignant 99,80% SiO2. L'entreprise prévoit un objectif d'exploration de plus de 200 millions de tonnes dans les concessions de 7 930 hectares. Le programme de forage, réalisé en septembre 2024, comprenait 15 trous répartis sur 4 zones de revendication, bien que de fortes pluies aient affecté la récupération et la profondeur à plusieurs endroits.

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) hat hochreines Quarz (HPQ) Silica Sand an mehreren Standorten in seinen zu 100 % im eigenen Besitz befindlichen Liegenschaften im Belmonte Silica Sand District, Brasilien entdeckt. Das explorative Bohrprogramm zeigte einen durchschnittlichen 99,23% SiO2 Gehalt, wobei das beste Ergebnis bei 99,80% SiO2 lag. Das Unternehmen prognostiziert ein Explorationsziel von über 200 Millionen Tonnen innerhalb der 7.930 Hektar großen Konzessionen. Das Bohrprogramm, das im September 2024 durchgeführt wurde, umfasste 15 Löcher in 4 Anspruchsgebieten, wobei jedoch starke Regenfälle die Erholung und Tiefe an mehreren Standorten beeinträchtigten.

Positive
  • High-purity silica sand discovered with exceptional 99.23% average SiO2 content
  • Large exploration target of 218 million tonnes projected
  • 100% ownership of 7,930 hectares of tenements
  • Strategic location adjacent to Saint Gobain operations
  • Very low impurities in samples
Negative
  • Drilling program by heavy rainfall and water interference
  • Several drill holes hit obstacles (water, clay, rock) at shallow depths

Vancouver, British Columbia--(Newsfile Corp. - November 14, 2024) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") 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.

HIGHLIGHTS:

  • 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.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4082/229945_homerun_figure1.jpg

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

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/229945_homerun_figure1.jpg

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.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4082/229945_homerun_image_550.jpg

Figures 2 and 3: images from the drilling site.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/229945_homerun_image.jpg

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)Average resultBest result
SiO2 (%)99.2399.80
Fe (ppm)18973
Al (ppm)432173
Ti (ppm)30278

Table 1. Summary of lab results

Cannot view this image? Visit: https://images.newsfilecorp.com/files/4082/229945_8d3df35394b8887e_004.jpg

Figure 4: areas of silica sand occurrence.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4082/229945_8d3df35394b8887e_004full.jpg

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.

Qualified Person
Mr. Roque Yuri Tandel is a consulting geologist and has reviewed and approved the scientific and technical information in this news release. Mr. Tandel is Geologist (1985), Master (1993) and PhD in Geology (1998) by the University of São Paulo (USP SP). He is a founding partner and Technical Director of Geoinform Pesquisas Geológicas Ltda, for 39 years in the market of geological services, Mining and Environment, with special emphasis on mineral prospecting, cubing, mineral law, geophysics, geostatistics, and investigation of environmental liabilities.

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 Inc. 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/229945

FAQ

What is the average SiO2 content discovered in Homerun Resources' (HMRFF) Belmonte silica sand project?

The average SiO2 content across all sampled drilling is 99.23%, with the best result being 99.80% SiO2.

How many tonnes of silica sand does Homerun Resources (HMRFF) project in their Belmonte exploration target?

Homerun Resources projects an exploration target of 218,115,788 tonnes within their Belmonte concessions.

When did Homerun Resources (HMRFF) conduct their drilling program in Belmonte?

The drilling program was executed between September 2nd and 6th, 2024.

How many hectares does Homerun Resources' (HMRFF) Belmonte silica sand project cover?

The Belmonte silica sand project covers 7,930 hectares of 100% owned tenements.

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