Initial Drilling at Coyote Basin Shows Radioactivity Correlating to Historical Drilling

Vancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to provide an update on Part 1 of the Phase II exploration program at the 100% owned Coyote Basin Uranium Project (the "Project") (Figure 1).

The first six of the planned 35 Reverse Circulation (RC) drillholes (Figure 2) have been completed as part of the Phase II exploration drilling program totaling approximately 5,300 m (17,000 ft). Drilling is focused on the key historical resource-bearing locations identified by previous operators and during the Company's June mapping and prospecting program. These first six holes were drilled on a single east-west oriented fence positioned at the northern end of the southern historical resource area defined by previous explorers (see Figure 2).

Downhole Spectral Gamma Ray CPS (Counts Per Second) readings obtained from the completed drill holes (CB-RC-0023 to CB-RC-0028) demonstrate near-surface elevated radioactivity (50 – 100 m depth) that correlates with the shallow mineralized horizons previously identified in historical 1979 drilling (Figure 2), interpreted to dip gently eastward at approximately 4 degrees.

Drilling in hole CB-RC-0023, the easternmost hole on the fence, also identified multiple zones of elevated radioactivity at depths between 220 and 320 metres (722 – 1050 ft) that remains open for expansion.

In addition to confirming the down-dip extensions of the known outcropping radioactivity, anomalous radioactivity is found to be widely dispersed within shales, claystones, and fine-grained sandstones within the Upper Member of the Fort Union Formation. These findings suggest that there is potential for additional uranium mineralization to exist between the known mineralized horizons.

It is not uncommon for uranium mineralization within sandstone-hosted uranium deposits to be in disequilibrium with the daughter products of the radioactive decay series (see the Quality Assurance/Quality Control section below). While downhole gamma logging is often an effective tool for defining radiometric horizons and correlating with historical drilling, it has been determined that chemical assays will be required before uranium grades can be accurately determined. Ongoing drilling and geochemical analysis will support refinement of the geological model and improved characterization of uranium mineralization.