SHL:CC - Homeland Nickel Exploration Update and Property Acquisitions

(TheNewswire)

Toronto, Ontario – TheNewswire- November 04, 2025 – Homeland NickelInc. (“ Homeland ” or the “ Company ”) (TSX-V: SHL, OTC: SRCGF) ispleased to announce assay results from its recently staked JosephineCreek Property located in Southern Oregon, adjacent to WoodcockMountain and 8 kilometres west of the Town of Cave Junction.

Josephine Creek Property

During the summer of 2025 Homeland staked 174 miningclaims (3,595 acres) over a series of nickel laterite lenses that hadpreviously been identified during exploration programs in the 1950sand 1970s. In late summer the Company visited the property andacquired 82 surface samples across many of the claims. The results areshown in Figure 1 and 2, with the assays listed in Table 1. Theaverage nickel (Ni) grade was 0.73% with 10 of the 82 samples having1.00% Ni or greater. Every sample contained nickel laterite.

Commenting on the results, President and CEO SteveBalch said, “Josephine Creek appeared in our top 10 evaluation ofnickel laterite exposures in Southern Oregon, so we staked it. Theproperty is located only a few kilometres from our Woodcock MountainProperty and is located nearby to a major highway and transmissionline. Both properties are located outside any Withdraw Area. We arepreparing for a 2026 program to define an initial resource based onsurface sampling and augering. A Plan of Operation will be submittedto the Forest Service in November. We will not be required to satisfya Surface use Determination as was required with our Red Flat andCleopatra Properties”.

Additional Property Acquisitions

Homeland has acquired approximately 350 additionalacres of nickel laterite mining claims at Woodcock Mountain from RNRResources LLC, a private Oregon Corporation. The President of thecompany is Walter Freeman who has been engaged in project developmentand claim management relative to nickel laterite deposits both onWoodcock Mountain and the Rough and Ready area for more than 30 years.The claims at Woodcock Mountain have seen extensive work, much of itby Inspiration Development Corporation and Hanna Mining Company, withgrades up to 2.13% Ni, along a continuous trend almost 3 kilometres instrike length. In 2026 Homeland will conduct a surface samplingprogram to determine the extent of the higher-grade laterite. Thiswill be followed up with an auger-hole program to define an initialresource, although the start date for that program has not yet beendetermined.

Homeland has staked additional nickel lateriteproperties at Iron Mountain, Peavine Mountain and at Free & Easy,bringing the total number of properties to eight as shown in Figure 3.The goal of the staking has been to acquire the best of the previouslydefined laterite properties in Southern Oregon.

In 2026 Homeland will work toward updating thehistorical resources at Red Flat (18.8 Mt grading 0.84% Ni) andCleopatra (39.5 Mt grading 0.93% Ni) and define initial resources atWoodcock Mountain, Josephine Creek and Eight Dollar Mountain.

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Figure 1 : Plan map showing thelocation of Homeland Nickel’s Josephine Creek Property (coordinatesin WGS 84 / UTM Zone 10N) located west of Cave Junction, Oregon.Surface samples showing Ni % assay results are shown (see Table1).

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Figure 2: Plan map showing the location of Ni % assaysfrom Homeland Nickel’s Josephine Creek Property (coordinates in WGS84 / UTM Zone 10N) located west of Cave Junction, Oregon.

Table 1 - List of nickel assayswith locations at Josephine Creek from Homeland's 2025 samplingprogram (coordinates in WGS 84 / UTM Zone 10N).

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Figure 3 - Plan map showing the nickel lateriteproperties that have been acquired by Homeland Nickel.

Qualified Person

Stephen J. Balch (BSc., P.Geo. #2250 – Ontario),President and CEO of Homeland Nickel and a "QualifiedPerson" within the meaning of NI 43-101, has verified the datadisclosed in this news release, and has otherwise reviewed andapproved its technical content on behalf of the Company.

Historical Resources

A qualified person has not done sufficient work toclassify the historical estimate as current mineral resources ormineral reserves, and the Company is not treating the historicalestimate as current mineral resources or mineral reserves. While theCompany is confident in the historical work, until such time as thetechnical due diligence has been completed it is not treating thehistorical resources as current mineral resources. Future work wouldthen be focused on upgrading the inferred resources to measured andindicated as well as expanding the resources by tonnage as bothresources are open at depth.

About Homeland Nickel

Homeland Nickel is a Canadian-based mineral explorationcompany focused on critical metal resources with nickel projects inOregon, United States and copper and gold projects in Newfoundland,Canada. The Company holds a significant portfolio of mining securitiesincluding 1.995 million shares of Canada Nickel Company Inc. (TSX-V:CNC), 9.960 million shares of Noble Mineral Exploration Inc. (TSX-V:NOB), 11.522 million shares of Benton Resources Inc. (TSX-V: BEX),81,150 shares of Vinland Lithium Inc. (TSX-V: VLD) and 2.761 millionshares of Magna Terra Minerals Inc. (TSX-V: MTT). Homeland Nickel’scommon shares trade on the TSX Venture Exchange under the symbol“SHL”. More detailed information can be found on the Company’swebsite at:

http://www.homelandnickel.com

Cautionary Statement

Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this news release. No stock exchange, securities commission orother regulatory authority has approved or disapproved the informationcontained herein.

This news release contains statements that constitute“forward-looking statements”. Forward-looking statements arestatements that are not historical facts and include, but are notlimited to, disclosure regarding possible events, that are based onassumptions and courses of action, and in certain cases, can beidentified by the words “expects”, “plans”, “anticipates”,“believes”, “intends”, “estimates”, “projects”,“potential” and similar expressions, or that events or conditions“will”, “would”, “may”, “could” or “should” occur,or the negative forms of any of these words and other similarexpressions. Forward-looking statements include statements related tofuture plans for the Company, and other forward-looking information.Forward-looking statements are based on various assumptions includingwith respect to the anticipated actions of securities regulators,stock exchanges, and government entities, management plans andtimelines, as well as results of operations, performance, businessprospects and opportunities. Although the forward-looking statementscontained in this news release are based upon what the management ofthe Company believes are reasonable assumptions on the date of thisnews release, such assumptions may prove to be incorrect.Forward-looking statements involve known and unknown risks anduncertainties, they should not be read as guarantees of futureperformance or results, and they will notnecessarily be accurate indications of whether such results will beachieved. A number of factors could cause actual results, performanceor achievements to differ materially from the results discussed in theforward-looking statements, including, but not limited to: aninability to develop and successfully implement explorationstrategies; general business, economic, competitive, political andsocial uncertainties; the lack of available capital; impact of theevolving situation in Ukraine on the business of the Company; andother risks detailed from time-to-time in the Company’s ongoingfilings with securities regulatory authorities, which filings can befound at www.sedarplus.ca. The Company cannot assure readers thatactual results will be consistent with these forward-lookingstatements. Readers are cautioned not to place undue reliance onforward-looking statements in this press release. Theseforward-looking statements are made as of the date of this newsrelease and the Company disclaims any intent or obligation to updateany forward-looking statement, whether because of new information,future events or otherwise, unless otherwise required by law.

Contact

Stephen Balch, President & CEO

Phone:        905-407-9586

Email:        steve@beci.ca

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