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Homerun to deliver first silica sand sample to NREL

2023-12-18 12:37 ET - News Release

Mr. Brian Leeners reports

HOMERUN RESOURCES INC. UPDATE - NATIONAL RENEWABLE ENERGY LABORATORY (NREL)

Homerun Resources Inc. will deliver the first silica sand sample to NREL (National Renewable Energy Laboratory) this week, and has released a new animated video detailing the partnership, available on YouTube.

The general purpose of the partnership is a collaborative effort to jointly evaluate integrating a silica sand refinement process into the Enduring energy storage application. NREL and Homerun have recognized the potential of using the novel energy storage technology to process Homerun's silica sand while providing clean reliable energy.

NREL will test the Homerun silica sand to determine the composition and suitability for use in energy storage and assess other applications of silica purification for photovoltaic (PV) glass, PV silicon or glass substrate for perovskite PV cells, and silicon anode for lithium-ion batteries. The parties will analyze the economic benefits of using Homerun's silica sand for energy storage, including energy arbitrage from energy storage and grid service, processing of the silica sand by using low-cost electricity in energy storage, and generating potential income from processed materials after its use for energy storage (for example, high-purity silica sand for renewable materials).

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.

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