# Homerun Resources Inc. Advances Phase 2 of Its Three-Phase Purification Platform Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--88f4f243-d8f5-4e40-a116-5374997c6bd0 Original source: https://money.tmx.com/en/quote/HMR/news/7339224995380927/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform Publisher: tmx Original announcement: 2026-05-28T12:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Homerun Resources Inc. - Ticker: HMR - Exchange: TSX - Region: Bahia, Brazil - Primary commodity: Silica - Secondary commodities: Antimony - Document categories: Metallurgy, Other - Extracted: 2026-09-12 06:50:22 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Homerun Resources has commissioned Dorfner Anzaplan to perform additional chemical leaching test work on its Santa Maria Eterna \(SME\) silica deposit in Brazil. This Phase 2 work aims to optimize the purification route for +4N and 5N silica products to minimize OPEX before final CAPEX estimation and process design. Reasoning: The company is advancing its purification platform by commissioning targeted leaching test work to optimize the Phase 2 process route before committing to CAPEX. - Positive factor: Commissioning of specialized lab \(Anzaplan\) for optimization - Positive factor: Targeting high-value +4N and 5N purity grades - Positive factor: Strong historical baseline purity \(99.694% SiO2\) - Positive factor: Active engagement with finance parties - Negative factor: Additional testing required before CAPEX estimation - Negative factor: Process optimization implies previous routes may have been sub-optimal for OPEX Facts used in scoring: 5 ## Classification and evidence **Bench Scale Only** Polarity: negative Definition: Only preliminary bench tests completed — no locked-cycle or pilot work. Why it applies: Phase 3 testing is noted as UC Davis bench testing. Evidence · text > Phase 3 \(5N, UC Davis bench testing validated, future bolt-on module\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Metallurgical Results (5) ### chemical leaching [Link to this fact](https://atlas-extractions.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--88f4f243-d8f5-4e40-a116-5374997c6bd0#fact-metallurgical-facts-0) Santa Maria Eterna · silica #### Identity - Project: Santa Maria Eterna - Commodity: silica - Region: brazil - Reported Region: Bahia, Brazil - Ticker: HMR #### Test Work - Program Status: optimization - Test Type: chemical leaching - Processing Route: chemical leaching - Sample: SME silica sand samples \(historical baseline: 99.694% SiO2\) #### Lab - Laboratory: Dorfner Anzaplan GmbH #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-28T00:00:00.000Z Reasoning: Optimization testing to refine the process route for high-purity silica. - Positive factor: Targeting high-purity output \(+4N and 5N\) - Negative factor: Additional testing required to confirm route Evidence · text > commissioned Dorfner Anzaplan GmbH... to perform additional chemical leaching test work on silica sand samples ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--88f4f243-d8f5-4e40-a116-5374997c6bd0#fact-metallurgical-facts-1) silica Historical result Needs review: historical\_restatement #### Identity - Commodity: silica - Region: brazil - Reported Region: Bahia, Brazil - Ticker: HMR #### Test Work - Sample: SME silica sand \(December 2025 results\) #### Recovery - Head Grade: 99.694 - Head Grade Unit: % SiO2 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-12-11T00:00:00.000Z #### Dates - Event date: 2026-05-28T00:00:00.000Z Reasoning: High-quality starting material confirmed in previous metallurgical program. - Positive factor: Extraordinary baseline quality Evidence · text > Starting material purity: 99.694% SiO2 - extraordinary baseline quality ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--88f4f243-d8f5-4e40-a116-5374997c6bd0#fact-metallurgical-facts-2) silica Historical result Needs review: historical\_restatement #### Identity - Commodity: silica - Region: brazil - Reported Region: Bahia, Brazil - Ticker: HMR #### Test Work - Sample: SME silica sand \(December 2025 results\) #### Recovery - Head Grade: 74 - Head Grade Unit: ppm #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-12-11T00:00:00.000Z #### Dates - Event date: 2026-05-28T00:00:00.000Z Reasoning: Successful impurity reduction in prior test work. - Positive factor: Significant reduction in total impurities Evidence · text > Total impurities reduced to as low as 74 ppm \(from 306 ppm raw\) ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--88f4f243-d8f5-4e40-a116-5374997c6bd0#fact-metallurgical-facts-3) iron\_ore Historical result Needs review: historical\_restatement #### Identity - Commodity: iron\_ore - Region: brazil - Reported Region: Bahia, Brazil - Ticker: HMR #### Test Work - Sample: SME silica sand \(December 2025 results\) #### Recovery - Head Grade: 0.89 - Head Grade Unit: ppm #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-12-11T00:00:00.000Z #### Dates - Event date: 2026-05-28T00:00:00.000Z Reasoning: Extremely low iron levels achieved via thermal/leaching route. - Positive factor: Exceeds specifications for Type I optical glass Evidence · text > Iron reduced to as low as 0.89 ppm with thermal / leaching route ### Fact 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--88f4f243-d8f5-4e40-a116-5374997c6bd0#fact-metallurgical-facts-4) titanium Historical result Needs review: historical\_restatement #### Identity - Commodity: titanium - Region: brazil - Reported Region: Bahia, Brazil - Ticker: HMR #### Test Work - Sample: SME silica sand \(December 2025 results\) #### Recovery - Head Grade: 3.8 - Head Grade Unit: ppm #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-12-11T00:00:00.000Z #### Dates - Event date: 2026-05-28T00:00:00.000Z Reasoning: Titanium reduction reported in prior program. Evidence · text > Titanium reduced to 3.8 ppm with thermal / leaching route ## 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.