Homeland Nickel Advances Oregon Nickel Permitting Ahead of Summer Drilling
Homeland Nickel Exploration Update On Oregon Nickel Properties
Homeland Nickel Inc. (“Homeland” or the “Company”) is pleased to announce it is proceeding with an environmental review of its Cleopatra and Red Flat Properties during May and early June 2026. The environmental review, conducted in cooperation with the US Forest Service (USFS), satisfies NEPA requirements prior to issuance of a Plan of Operation (PoP) to conduct sonic drilling and auger hole drilling.
A PoP was previously filed for two separate exploration programs at each of Cleopatra and Red Flat — four Plans of Operation in total. A PoP has two components: a Surface Use Determination and a NEPA (National Environmental Policy Act) evaluation. In the first exploration program, Homeland will drill sonic holes to determine average depth to bedrock or nickel laterite thickness to a maximum of 50 feet. In the second, approximately 10% of the original exploration work will be redrilled — work required to update historical nickel resources to NI 43-101 format ahead of a feasibility study planned for 2027. The Surface Use Determination has been approved for Cleopatra and is under review for Red Flat.
“We are making good progress with our permits, and are planning to be in the field this summer exploring at Cleopatra and Red Flat. The road into Red Flat has been significantly upgraded because of timber logging in the area. The road into Cleopatra is still an issue and we are considering using a smaller drilling platform to avoid having to implement a helicopter-supported operation.”
— Stephen Balch, President & CEO, Homeland Nickel
For Further Information
Stephen Balch, President & CEO
📞 905-407-9586
✉️ steve@beci.ca
Qualified Person
Stephen J. Balch, P.Geo. (ON), the Company’s President and CEO and a “Qualified Person” under National Instrument (NI) 43-101, has reviewed and approved the technical content of this news release.
About Homeland Nickel
Homeland Nickel is a Canadian-based mineral exploration company focused on critical metal resources with nine nickel projects in Oregon, United States. The Cleopatra Property alone contains a historical resource of approximately 40 Mt of laterite grading 0.92% nickel — making it the largest undeveloped nickel resource in the continental United States. Common shares trade on the TSX Venture Exchange under “SHL”. More information: www.homelandnickel.com
Cautionary Statement: This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company’s control, that may cause actual results or performance to differ materially from those currently anticipated.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 20,000 shares of SHL and intends to buy more shares. NIA is receiving compensation from SHL of US$75,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.