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The latest announcement is out from Valleyview Resources Ltd. ( (TSE:HLU) ).
Homeland Uranium Corp. has completed its Phase II reverse circulation drilling program at the 100%-owned Coyote Basin Uranium Project in northwestern Colorado, slightly exceeding the planned meterage with 33 drillholes totaling 5,423 metres. The work focused on a near-surface mineralized trend that hosts a significant historical uranium and vanadium resource and targeted both central and southern areas of the property.
Downhole radiometric probing confirmed elevated and locally anomalous radioactivity in all Phase II holes, with the central area showing a broadly continuous near-surface interval from surface to depths of up to 150 metres over an 800 by 400 metre footprint. In the southern area, drilling defined a laterally continuous horizon of elevated radioactivity over roughly 1,000 by 600 metres that remains open to the south and east, underscoring the potential scale of the system and reinforcing the project’s exploration upside.
Geochemical samples from the program have been sent to SGS Laboratories in Ontario for assay, with results to be reported once compiled and reviewed by the company. These results will be key to quantifying the mineralization indicated by the radiometric data and could influence Homeland’s next phase of exploration planning and its positioning within the Colorado Plateau uranium camp.
More about Valleyview Resources Ltd.
Homeland Uranium Corp. is a uranium exploration company listed on the TSX Venture Exchange, OTCQB and Frankfurt, focused on advancing its 100%-owned Coyote Basin Uranium Project in northwestern Colorado. The project lies within the prolific Colorado Plateau uranium province and targets sandstone-hosted uranium and associated vanadium mineralization near the communities of Rangely and Meeker.
The company is leveraging historical work that outlined significant inferred uranium and vanadium resources, aiming to validate and expand these through modern drilling and analysis. Its exploration strategy is centered on defining near-surface mineralized trends that could support future development in a key North American nuclear fuel jurisdiction.
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