Homeland Nickel Inc V.SHL

Alternate Symbol(s): SRCGF

Metals & Mining Industrial Metals & Minerals

Homeland Nickel Inc. is a mineral exploration company. It is focused on critical metal resources with nickel projects in Oregon, United States and copper projects in Newfoundland, Canada. Its projects include Cleopatra, Red Flat Nickel Property, Shamrock Property, and Eight Dollar Mountain. The Cleopatra property is located in southwest Oregon and consists of 139 lode mining claims covering a total area of 1,162 hectares (2,872 acres). The Red Flat Nickel property is located in southwest Oregon 15 kilometers (km) east of Gold Beach and 480 km south of the City of Portland. The Eight Dollar Mountain property is located in Josephine County, Oregon. The Eight Dollar Mountain property consists of 115 claims totaling 962 hectares (2,376 acres). The Shamrock Property consists of 40 unpatented load claims, accessible by paved road, covering 758 acres and located 20 miles northwest of Medford, Oregon. It also owns a 70% interest in the Great Burnt and South Pond copper and gold properties.

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Homeland Nickel Inc > Questions? questions?

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Post by trikenon Aug 27, 2024 10:58am

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Post# 36197653

Questions? questions?

SHL is essentially a holding company with approx $12m in equities and has a mcap of $6m.

A lot of the equities are in nickel as is their pre-drilling prospects in Oregon.

Indonesia is killing the nickel market

Will need to front up 30% of BEX exploration and developement costs going forward.

Will need financing for preliminary exploration work in Oregon and before that get permitting for same.

Oregon prospect looks good but joint venturing required for this and offloading BEX for an NSR.

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