Mr. Roger Lemaitre reports

HOMELAND ALLOWS NON-CORE PORTIONS OF THE COYOTE BASIN PROJECT TO LAPSE

Homeland Uranium Corp. has made the decision to allow non-core mining claims that comprise its Coyote Basin uranium project in Colorado to lapse.

Prior to Sept. 1, 2026, the Coyote Basin uranium project was composed of 839 mining claims situated on U.S. Bureau of Land Management (BLM) administered lands and three Colorado state exploration leases totalling 18,656 acres (7,549.8 hectares). All BLM mining claims are subject to an annual renewal fee of $200 (U.S.) per claim that was to be paid prior to Sept. 1, 2026.

Homeland has decided to retain 49 BLM mining claims and the three Colorado state leases which combined comprise 2,827.8 acres (1,127.8 hectares). The retained mineral rights overlie both the area of the 2025-26 drilling campaign and cover the majority of the area reported by previous operators that indicated that uranium mineralization may be present.

The company has received the analytical results of 10 check samples that were sent to the Saskatchewan Research Council's Geoanalytical Laboratory (SRC) in Saskatoon, Sask., to confirm the results from the original analysis (see the news release dated July 30, 2026, available on the company's website. The results of these 10 check samples did not differ materially from the initial results received from SGS Laboratories.

The company has retained the core portion of the mining claims at Coyote Basin and will continue to review the results of the drilling program to determine whether the drill hole spacing was optimal to confirm the presence of uranium or whether the reverse circulation drilling technique utilized impacted the collection of representative samples from each rock unit.

About Homeland Uranium Corp.

Homeland Uranium is a mineral exploration company focused on becoming a premier U.S.-focused and resource-bearing uranium explorer and developer. The company is 100-per-cent owner of the Cross Bones and Coyote Basin uranium projects in northwestern Colorado.

Sampling and quality assurance/quality control

Ten samples that were initially prepared and tested by SGS Laboratories were forwarded to the SRC in for external quality control and quality assurance verification. These samples were selected to represent at least one drill hole per drill fence with three samples representing three drill holes nearest to the highest uranium concentrations reported in historical drill holes by previous explorers. Samples were analyzed using a multielement analysis by inductively coupled plasma mass spectrometry using HNO3:HCl solution for partial digestion and inductively coupled plasma optical emission spectrometry using HF:HNO3:HClO4 solution for total digestion.

Qualified person

Nancy Normore, PGeo, the company's vice-president, exploration, is a qualified person as defined in NI 43-101, and has reviewed and approved the technical content of this news release.

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