Homeland Continues to Extend Near-Surface Anomalous Radioactivity at Coyote Basin Uranium ProjectElevated radioactivity confirmed over an area measuring approximately 1,000 m by 600 m and remains open for expansion.Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) - Homeland Uranium Corp. (TSXV: HLU) (OTCQB: HLUCF) (FSE: D3U) ("Homeland" or the "Company") is pleased to provide a third update on the Phase II exploration drilling program at the 100% owned Coyote Basin Uranium Project (the "Project") (see Figure 1).An additional eight Reverse Circulation (RC) drillholes, CB-RC-0035 to CB-RC-0042, have been completed as part of the ongoing Phase II drill program (see Figure 2). Based on drilling completed to date, elevated radioactivity has now been confirmed over an area measuring approximately 1,000 m (3,280 ft) by 600 m (1,968 ft) and remains open for expansion. Approximately 3,400 m (11,155 ft) of the planned 5,300 m (17,388 ft) of the Phase II drilling program have been completed to date, representing roughly 64% of the total planned drilling.Drillholes CB-RC-0035 to CB-RC-0040 (see Figure 2) were completed on a single east-west oriented drill fence located approximately 200 m (656 ft) south of the previously reported drilling, continuing the systematic step-out approach designed to evaluate the lateral extent of anomalous radioactivity across the Project area (see the Company's news release dated December 22, 2025 available at https://www.homeland-uranium.com/news-releases/2025/homeland-confirms-southward-continuity-of-anomalous-radioact2025-12-22-010502 or at the Company's profile on SEDARplus.ca). Downhole Spectral Gamma Ray Counts Per Second readings from these most recent drillholes continue to demonstrate the presence of elevated radioactivity occurring at relatively shallow depths, typically between approximately 50 and 100 m (164-328 ft) below surface. The radiometric response and rock-types observed on this drill fence are consistent with earlier drilling, as anomalous radioactivity continues to be associated with shales, claystones, and fine-grained sandstones of the Upper Member of the Fort Union Formation.Drillholes CB-RC-0041 and CB-RC-0042 (Figure 2), which comprise part of the planned southernmost east-west drill fence, also continue to exhibit elevated radioactivity at shallow depths in the south-western portion of the current drill area. This suggests that the anomalous horizon persists toward the southern extent of the currently tested area and supports the interpretation of a laterally extensive anomalous horizon. Roger Lemaitre, President and CEO, Homeland Uranium stated, "The completion of this third fence of drilling further demonstrates the scale and continuity of near-surface anomalous radioactivity at Coyote Basin providing additional confidence in the geological interpretation of the presence of a laterally extensive horizon that remains open for further evaluation. As have we restarted the drilling program after the holidays, our focus remains on systematically expanding the footprint of this system while advancing geochemical analysis to better characterize the uranium mineralization."Geochemical samples collected from the completed drillholes have been shipped to SGS Laboratories in Lakefield, Ontario, for analysis. Homeland will report geochemical and assay results once they have been received, compiled, and reviewed by the Company.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.Quality Assurance/Quality ControlAll drillholes are radiometrically logged using a calibrated QL40 SGR Spectral Gamma Ray downhole probe, which collects continuous spectral gamma measurements along the length of the drillhole. Gamma values are collected and reported as Counts Per Second are collected. The probe response is calibrated using coefficients derived from the probe's most recent factory calibration and through comparison of probe responses to geochemical assay data from previously sampled intervals.Spectral gamma tools measure natural radioactivity, and in situations where the uranium decay series is in equilibrium, such gamma readings can be converted into equivalent concentrations of uranium, thorium, and potassium. However, if the uranium decay series is not in equilibrium, conversion of spectral gamma into equivalent concentrations of uranium may not be accurate, a phenomenon known as uranium disequilibrium. Urani