# Homerun Resources Inc. Advances Phase 2 of Its Three-Phase Purification Platform

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--133aba0e-9e22-4881-85ae-1cb13da41cf6

Original source: https://money.tmx.com/en/quote/HMR/news/7339224995380927/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform

Publisher: tmx

Original announcement: 2026-05-28T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Homerun Resources Inc.

- Ticker: HMR

- Exchange: TSX

- Region: Bahia, Brazil

- Primary commodity: Silica

- Secondary commodities: None reported

- Document categories: Metallurgy

- Extracted: 2026-08-20 23:01:45 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Homerun Resources has commissioned Dorfner Anzaplan to perform additional chemical leaching test work to optimize the Phase 2 purification route for its Santa Maria Eterna silica project. This optimization step aims to minimize OPEX and streamline operations before finalizing the CAPEX package and process design.

Reasoning: The company is commissioning targeted optimization test work to refine the Phase 2 purification route, building on previously validated high-purity results.

- Positive factor: optimization of process route

- Positive factor: engagement with high-tier laboratory \(Anzaplan\)

- Positive factor: validation of prior exceptional results

- Positive factor: active engagement with finance parties

- Negative factor: additional testing required before CAPEX

Facts used in scoring: 4

## Classification and evidence

**Bench Scale Only**

Polarity: negative

Definition: Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The current phase involves chemical leaching test work to confirm a route, which is a preliminary optimization step.

Evidence · text

> additional chemical leaching test work... final pre-CAPEX phase

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Metallurgical Results (4)

### chemical leaching

[Link to this fact](https://atlas-staging.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--133aba0e-9e22-4881-85ae-1cb13da41cf6#fact-metallurgical-facts-0)

silica

#### Identity

- Commodity: silica
- Ticker: HMR

#### Test Work

- Program Status: optimization
- Test Type: chemical leaching
- Processing Route: chemical purification
- Sample: SME silica sand samples \(Phase 2 optimization\)

#### Lab

- Laboratory: Dorfner Anzaplan GmbH

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-05-28T00:00:00.000Z

Reasoning: Commissioning of optimization work to refine the economic profile of the Phase 2 plant.

- Positive factor: targeted optimization

- Positive factor: reputable lab

Evidence · text

> commissioned Dorfner Anzaplan GmbH... to perform additional chemical leaching test work on silica sand samples

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--133aba0e-9e22-4881-85ae-1cb13da41cf6#fact-metallurgical-facts-1)

silica

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silica
- Ticker: HMR

#### Test Work

- Sample: SME silica sand \(historical recap\)

#### Recovery

- Head Grade: 99.694
- Head Grade Unit: % SiO₂

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-12-11T00:00:00.000Z

#### Dates

- Event date: 2026-05-28T00:00:00.000Z

Reasoning: Historical baseline purity reported in the recap of achieved results.

- Positive factor: extraordinary baseline quality

Evidence · text

> Starting material purity: 99.694% SiO₂

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--133aba0e-9e22-4881-85ae-1cb13da41cf6#fact-metallurgical-facts-2)

iron\_ore

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: iron\_ore
- Ticker: HMR

#### Test Work

- Sample: SME silica sand \(historical recap\)

#### Recovery

- Head Grade: 0.89
- Head Grade Unit: ppm

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-12-11T00:00:00.000Z

#### Dates

- Event date: 2026-05-28T00:00:00.000Z

Reasoning: Historical iron reduction result reported in the recap.

- Positive factor: exceeds Type I optical glass specs

Evidence · text

> Iron reduced to as low as 0.89 ppm

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/homerun-resources-inc-advances-phase-2-of-its-three-phase-purification-platform--133aba0e-9e22-4881-85ae-1cb13da41cf6#fact-metallurgical-facts-3)

titanium

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: titanium
- Ticker: HMR

#### Test Work

- Sample: SME silica sand \(historical recap\)

#### Recovery

- Head Grade: 3.8
- Head Grade Unit: ppm

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2025-12-11T00:00:00.000Z

#### Dates

- Event date: 2026-05-28T00:00:00.000Z

Reasoning: Historical titanium reduction result reported in the recap.

Evidence · text

> Titanium reduced to 3.8 ppm

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
