# Homeland Completes Phase II Drilling at Coyote Basin Confirming Extensive Near-Surface Radioactivity Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/homeland-completes-phase-ii-drilling-at-coyote-basin-confirming-extensive-near-s--133efba3-06df-4ab8-8880-134ab132dc73 Original source: https://money.tmx.com/en/quote/HLU/news/6536742571498016/homeland-completes-phase-ii-drilling-at-coyote-basin-confirming-extensive-near-s Publisher: tmx Original announcement: 2026-02-10T09:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Homeland Uranium Corp. - Ticker: HLU - Exchange: TSX - Region: Colorado - Primary commodity: Uranium - Secondary commodities: Vanadium - Document categories: Drill results, Other - Extracted: 2026-09-12 07:08:32 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Homeland Uranium completed its Phase II exploration drilling at the Coyote Basin Project, totaling 5,423 metres of RC drilling. The program confirmed laterally continuous near-surface radioactivity, though geochemical assay results are still pending from SGS Laboratories. Reasoning: Phase II drilling confirmed near-surface radioactivity across a broad area, but actual geochemical grades are still pending. The presence of potential disequilibrium and reliance on unverified historical data limits immediate confidence. - Positive factor: lateral continuity of radioactivity - Positive factor: exceeded planned drilling metres - Positive factor: consistent radioactivity in all holes - Negative factor: no assay results yet - Negative factor: potential uranium disequilibrium - Negative factor: historical resource not verified Facts used in scoring: 2 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions use of calibrated QL40 SGR Spectral Gamma Ray downhole probe and SGS Laboratories. Evidence · text > All drillholes are radiometrically logged using a calibrated QL40 SGR Spectral Gamma Ray downhole probe **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The release explicitly states that true thicknesses have not yet been determined. Evidence · text > True thicknesses have not yet been determined. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project is positioned within the regionally significant Colorado Plateau uranium province. Evidence · text > The Colorado Plateau is a regionally significant uranium province ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### CB-101 [Link to this fact](https://atlas-extractions.minestarters.com/news/homeland-completes-phase-ii-drilling-at-coyote-basin-confirming-extensive-near-s--133efba3-06df-4ab8-8880-134ab132dc73#fact-drill-facts-0) Coyote Basin · uranium Historical result Needs review: historical\_restatement #### Identity - Hole ID: CB-101 - Project: Coyote Basin - Commodity: uranium - Region: usa\_co - Reported Region: usa\_co - Ticker: HLU #### Geometry - Grade: 0.826 - Grade Unit: % #### Classification - Sample Type: drill - Group ID: CB-101:unknown-unknown #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: low\_confidence - Historical: Yes - Historical Source Date: 1980-01-01T00:00:00.000Z #### Dates - Event date: 2026-02-10T00:00:00.000Z Reasoning: Historical intercept reported from a 1980 report; not verified by current QP. - Positive factor: high grade intercept - Negative factor: historical data unverified Evidence · text > reported historical drill intercept containing 0.826% U3O8 in historical drillhole CB-101 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### CB-RC-0046 to CB-RC-0055 [Link to this fact](https://atlas-extractions.minestarters.com/news/homeland-completes-phase-ii-drilling-at-coyote-basin-confirming-extensive-near-s--133efba3-06df-4ab8-8880-134ab132dc73#fact-drill-facts-1) Coyote Basin #### Identity - Hole ID: CB-RC-0046 to CB-RC-0055 - Project: Coyote Basin - Region: usa\_co - Reported Region: usa\_co - Ticker: HLU #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-10T00:00:00.000Z Reasoning: Drilling confirmed elevated radioactivity via downhole probe, but grades are pending. - Positive factor: consistent radioactivity - Negative factor: no assay results Evidence · text > Drilling intersected elevated and locally anomalous radioactivity in all completed Phase II drillholes. #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.