Homeland Uranium Secures Permits to Start an Inaugural Drill Program at the Cross Bones Uranium Project
Homeland Uranium's (HLU.V) on Monday said it received all needed permits, valid through June 2028, to start an inaugural drill program for the Cross Bones Uranium Project in Colorado.The approvals, received from both the US Bureau of Land Management and the Colorado Division of Reclamation, Mining and Safety, allow for up to 30 diamond drill holes.The drill program, which will be conducted in two phases, will help to validate the historical Cross Bones Uranium Deposit. The company expects Phase I to start in the fall after it selects a drilling contractor and the second phase to start once the company receives the Phase I results."With the recent acquisition of historical datasets, the preliminary results of our May mapping and prospecting program confirming the presence of radioactive outcrops in the Cross Bones Uranium Deposit area, and of course the company's discovery of the new East Ridge Showing, the Cross Bones Project has quickly evolved into an exciting and compelling exploration property," said Chief Executive Officer Roger Lemaitre.The company's shares were last seen down C$0.005 to C$0.115 on the TSX Venture Exchange.
