HOMERUN RESOURCES INC. COMPLETES CAPEX BUDGET FOR THE 3N PRIMARY SILICA SAND PURIFICATION PLANT PHASE 1 OF A THREE-PHASE VERTICALLY INTEGRATED PURIFICATION PLATFORM

Homerun Resources Inc. has completed a comprehensive capital expenditure budget totaling $9.4 million USD for its Phase 1 primary silica sand purification plant at the Santa Maria Eterna industrial hub in Belmonte, Bahia, Brazil. The 350,000 tonnes per year facility will process approximately 50 tonnes per hour of raw silica sand into clean, uniform 3N industrial grade product suitable for solar glass manufacturing and as feedstock for future advanced purification circuits.

The CAPEX breakdown includes $5.9 million for processing equipment and facilities, $935,000 for manpower and utilities, $891,000 for civil works, and $885,000 in taxes and fees. The plant features a complete physical purification circuit encompassing washing, grading, sieving, attrition scrubbing, classification, and drying capabilities. The facility will occupy a 9-hectare footprint with primary storage in a purpose-built 52-meter diameter dome.

This development represents a significant milestone in Homerun's strategy to establish a vertically integrated materials platform outside of China's supply chain dominance. The company aims to create what it terms the "Silica Valley of Bahia," leveraging its high-purity, low-iron silica resources to serve multiple markets including solar glass, energy storage, and advanced technology applications. The Phase 1 plant will supply both external industrial customers and Homerun's planned 1,000 tonnes per day solar glass facility.

The completion of this CAPEX estimate follows two years of systematic technical and commercial foundation building by Homerun. With engineering partner Minerali Industriali Engineering (MIE) providing the preliminary engineering package, the company is positioning itself to capitalize on growing demand for high-purity silica materials critical to renewable energy and technology transitions. This project underscores the strategic importance of securing non-Chinese sources of critical materials for North American and global supply chains.