Further growth envisioned
Homerun Resources (TSX.V: HMR, FSE: 5ZE, WKN: A3CYRW) has applied to the Agência Nacional de Mineração (ANM) to significantly expand its land holdings in the Belmonte Silica District in the Brazilian province of Bahia.
The applications submitted by Homerun include four new concessions totalling 7,930 hectares. The concessions surround Saint Gobain’s quartzite quarry operations in the Belmonte Silica District. They are strategically located near the harbour of Ilheus and thus offer excellent shipping opportunities for the extracted products.
For Homerun Resources, the application is another step in the company’s ongoing strategy to expand its presence and opportunities within the district. A look at the map shows how far this has already progressed, as Homerun has already secured large zones within the district.
The search is on for sand under the overburden. Attention is also paid to the fact that there is also quartz under the sand where the surface is weathered. This is precisely the situation on the current projects. The Saint-Gobain project is characterised by two quarries for quartzite in the new areas. This is exactly the situation that is being sought, because quartz sand is weathered quartzite.
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In accordance with §34 WpHG, we would like to point out that partners, authors and/or employees of GOLDINVEST Consulting GmbH hold or may hold shares in Homerun Resources and therefore a conflict of interest exists or may exist. Furthermore, we cannot rule out the possibility that other stock market letters, media or research companies may discuss the stocks we discuss during the same period. Therefore, there may be a symmetrical flow of information during this period.
aders and do not represent any kind of call to action. Neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. Furthermore, they do not in any way replace individual expert investment advice, but rather represent advertising / journalistic texts. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. The acquisition of securities involves high risks, which can lead to a total loss of the invested capital. The GOLDINVEST Consulting GmbH and its authors exclude any liability for financial losses or the contentwise warranty for topicality, correctness, adequacy and completeness of the articles offered here expressly. Please also note our terms of use.
According to §34 WpHG we would like to point out that partners, authors and/or employees of GOLDINVEST Consulting GmbH may hold or hold shares of Laramide Resources and therefore a conflict of interest may exist. We also cannot exclude that other stock letters, media or research firms discuss the stocks we discuss during the same period. Therefore, symmetrical information and opinion generation may occur during this period. Furthermore, there is a consulting or other service contract between Laramide Resources and GOLDINVEST Consulting GmbH, which means that there is a conflict of interest.
