09:15:17 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Homerun Resources Inc
Symbol HMR
Shares Issued 48,730,525
Close 2023-12-13 C$ 0.69
Market Cap C$ 33,624,062
Recent Sedar Documents

Homerun Resources to complete purchase of Tatooine

2023-12-14 12:36 ET - News Release

Mr. Brian Leeners reports

HOMERUN RESOURCES INC. COMPLETES THE PURCHASE OF THE TATOOINE SILICA PROJECT

Homerun Resources Inc. has elected to complete the option to purchase a 100-per-cent interest in the Tatooine silica project in British Columbia, Canada. The company will issue the remaining 1.2 million common shares to the vendor to complete the purchase option, as per the terms of the option agreement dated Sept. 8, 2022.

Tatooine silica project

The Tatooine silica project covers an area of approximately 5,100 hectares, located directly adjacent to the community of Brisco, B.C., and B.C. Highway 95, and approximately 65 kilometres southeast of Golden, B.C., which is home to the Moberly mine, a past-producing, high-purity silica mine in the same lithological unit as the Tatooine silica project.

Work undertaken by the company in 2023 clearly demonstrates the excellent potential for the discovery of a high-purity quartz silica resource of significant size at the Tatooine project. The company plans to complete the following work programs as detailed in the recent National Instrument 43-101 technical report.

Bulk sample and market research

The company will collect a bulk sample for metallurgical testing and preliminary characterization of physical parameters. With these factors more clearly understood an early-stage market study can be conducted to quantify the potential market niche and value inherent in the deposit material.

Mapping and sampling

A detailed mapping program to establish the locations and geometry of the quartzite units on the property and to explore for additional bodies of mineralization to understand and fully quantify both the extent and the nature of the mineralization present.

About Homerun Resources Inc.

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.

We seek Safe Harbor.

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