About Us
OVERVIEW
Homeland uranium:
A US-focused uranium
explorer and developer
Homeland Uranium has 100% ownership of two uranium projects in northwest Colorado acquired from private companies both of which are considered to be prospective for Colorado Plateau-style uranium deposits. Our flagship project, Coyote Basin, has a significant historical uranium and vanadium resource* defined by Western Mining Resources in the 1970’s. Our second project, Cross Bones, hosts a second significant historical uranium and vanadium resource and overlies a substantial portion of a known uranium-bearing trend.
Public acceptance of nuclear power at has never been higher, with growth in nuclear power at levels not seen since the 1970s. Big Tech companies are investing in nuclear power as they recognize nuclear as the carbon-free and reliable and secure baseload electricity needed to power their own growth through the development power-hungry development AI datacenters.
Geopolitical events over the past couple of years have brought attention to the severe dependency that most western countries have on insecure foreign global uranium suppliers. With Kazak production pivoting towards China and eastern buyers, the US ban on Russian uranium product imports, the complete u-turn on actual and planned premature closures of western nuclear power plants, and the incredible pace at which SMRs are being financing and constructed, nuclear utilities and their governments are increasingly focusing on domestic uranium supplies. With current US domestic uranium production satisfying less than 1% of American reactor requirements, the US government as recently announced billions of dollars worth of incentives, grants, and contracts to grow domestic uranium conversion, enrichment, and mine supply capacity. Homeland’s leadership team believes strategically that there has never been a better time to own uranium resources in the USA.
World Final Consumption of Energy and Electricity
Source: International Atomic Energy Agency, 2024. Energy, Electricity and Nuclear Power Estimates for the Period up to 2050
After closing our transactions to acquire these two properties at very attractive prices, Homeland will initially focus on upgrading and increasing the historical resources at both the Coyote Basin Project and the Cross Bones Project to current technical standards, which should help the market properly value the Company amongst our US peer companies. In addition to developing and exploring our Colorado properties, the Company will be looking to grow its uranium resource base through exploration and further acquisitions.
* The Company is not treating this information as current mineral resources and the reader is cautioned not to rely on it. The Company has not completed the work necessary to independently verify the classification of these historical resource estimates and is not treating the mineral resource estimates as confirming to the requirements of National Instrument 43-101. Both the Coyote Basin Project and the Cross Bones Proejct and any future NI 43-101 resource estimates will require considerable further evaluation, which the Company’s management intends to carry out in due course. (see https://www.sec.gov/Archives/edgar/data/1361605/000106299306003601/exhibit99-2.htm and private internal report titled, Western Mining, Executive Summary, Coyote Basin Uranium District, Rio Blanco and Moffat Counties, State of Colorado, January, 1980) .