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Valleyview Resources Ltd. ( (TSE:HLU) ) has shared an announcement.
Homeland Uranium Corp. reported further progress in its Phase II exploration drilling at the Coyote Basin Uranium Project, completing five additional reverse-circulation holes and bringing the program to about 71% of its planned 5,300 metres. Recent holes in the southern project area confirm a laterally continuous, shallow horizon of elevated radioactivity over roughly 1,000 by 600 metres that remains open for expansion, while new drilling in the central area near a historical resource has identified a continuous near-surface interval of elevated radioactivity consistent with past results, bolstering confidence in the continuity of the mineralized system as the company works to expand its footprint and awaits geochemical assays from SGS Laboratories.
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 Colorado, where it is systematically drilling to define and expand near-surface uranium mineralization within the Fort Union Formation.
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Technical Sentiment Signal: Strong Buy
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