Key facts
| Company | Homeland Uranium (TSXV: HLU) |
|---|---|
| Commodity | Uranium |
| Location | USA |
| Stage | Early exploration |
About Coyote Basin
The Coyote Basin Project is underlain by prospective units of the Sego/Iles Formation of the Mancos Shale and the Fort Union and Wasatch Formations. At least four favorable horizons have been discovered in Fort Union rocks that are known to contain uranium mineralization and are priority targets for the Phase II drilling program.In their September 30, 2006 SEC quarterly financial report filings, Energy Metals Corporation reported historical uranium-vanadium resources on the property of:8,850,000 tons at 0.20% U3O8 and 0.10% V2O5 =35.4 M lbs of U3O8 and 17.7 M lbs of V2O5*Energy Metals attributed this historical resource from work completed by Western Mining Resources*, a previous operator of the property from detailing a 1978-79 exploration program that consisted of surface sampling, coring, drill hole chip sampling and gamma logging of 24 widely spaced holes as documented in a private internal report titled, Western Mining, Executive Summary, Coyote Basin Uranium District, Rio Blanco
News releases11 on file
Homeland Allows Non-Core Portions of the Coyote Basin Project to Lapse
Non-core mining claims at the Coyote Basin Uranium Project in Colorado have been allowed to lapse. The project previously comprised 839 BLM mining claims and three Colorado state exploration leases totaling 18,656 acres (7,549.8 hectares), subject to an annual BLM renewal fee of US$200 per claim due before September 1, 2026; Homeland retained 49 BLM claims and the three state leases, totaling 2,82
CorporateHomeland Reports First Tranche of Geochemical Results from the Winter Drill Program at the Coyote Basin Uranium Project
Geochemical assays from eight of the 33 holes completed in the Phase II drill program at the 100%-owned Coyote Basin Uranium Project in northwestern Colorado returned uranium concentrations of 30 ppm U or less, lower than anticipated from radiometric response; all eight holes lie in the northern portion of the Southern Drill Area, and results from the remaining 24 holes, including the Central Dril
Drill resultsHomeland Completes Phase II Drilling at Coyote Basin Confirming Extensive Near-Surface Radioactivity
Phase II drilling at the 100%-owned Coyote Basin uranium project in northwestern Colorado is complete, comprising 33 reverse circulation drillholes totaling 5,423 metres (17,792 feet), above the planned 5,300 metres. Elevated and locally anomalous radioactivity was intersected in all Phase II holes, with the central area showing radioactivity from surface to 50–150 metres over roughly 800 by 400 m
Drill resultsHomeland Expands Drilling to Central Area of Coyote Basin Uranium System
Five additional reverse circulation holes, CB-RC-0043 to CB-RC-0047, have been completed at the 100%-owned Coyote Basin uranium project in northwestern Colorado, bringing Phase II drilling to about 3,777 metres (12,392 feet) of the planned 5,300 metres (17,388 feet), or roughly 71%. Southern holes extended a horizon of elevated radioactivity measuring about 1,000 metres east-west by 600 metres nor
Drill resultsHomeland Continues to Extend Near-Surface Anomalous Radioactivity at Coyote Basin Uranium Project
Eight additional reverse circulation drillholes, CB-RC-0035 to CB-RC-0042, have been completed in the Phase II program at the 100%-owned Coyote Basin Uranium Project in northwestern Colorado, confirming elevated radioactivity over an area of approximately 1,000 m by 600 m that remains open for expansion. Anomalous radioactivity occurs typically 50 to 100 m below surface in shales, claystones and f
Drill resultsHomeland Confirms Southward Continuity of Anomalous Radioactivity at the Coyote Basin Uranium Project
Six additional reverse circulation holes (CB-RC-0029 to CB-RC-0034), drilled at 200 m spacings on an east-west fence about 200 m south of the previous section, show southward continuity of an anomalous radiometric horizon at the 100%-owned Coyote Basin Uranium Project in northwestern Colorado, part of a Phase II program totaling approximately 5,300 metres. Anomalous radioactivity is now drill defi
Drill resultsInitial Drilling at Coyote Basin Shows Radioactivity Correlating to Historical Drilling
The first six of 35 planned reverse circulation holes have been completed in the Phase II program at the 100%-owned Coyote Basin Uranium Project in northwestern Colorado, part of roughly 5,300 m (17,000 ft) of planned drilling. Downhole spectral gamma logging in holes CB-RC-0023 to CB-RC-0028 showed elevated radioactivity at 50–100 m depth correlating with horizons from 1979 drilling, with hole CB
Drill resultsHomeland Commences Drill Program at Coyote Basin
Drilling has commenced on the Phase II exploration program at the 100%-owned Coyote Basin Uranium Project in northwestern Colorado. Part 1 comprises approximately 35 reverse circulation holes totaling about 17,000 ft (5,300 m) spaced roughly 200 m apart, targeting historical resource-bearing locations, and is expected to take six to eight weeks. The full Phase II plan calls for 50 to 70 holes tota
Drill results