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HOMERUN RESOURCES INC. ENGAGES MINERALI INDUSTRIALI ENGINEERING FOR ENGINEERING AND CAPEX DEVELOPMENT OF A PRIMARY SILICA SAND PROCESSING PLANT PHASE 1 OF A THREE-PHASE VERTICALLY INTEGRATED PURIFICATION PLATFORM

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HOMERUN RESOURCES INC. ENGAGES MINERALI INDUSTRIALI ENGINEERING FOR ENGINEERING AND CAPEX DEVELOPMENT OF A PRIMARY SILICA SAND PROCESSING PLANT PHASE 1 OF A THREE-PHASE VERTICALLY INTEGRATED PURIFICATION PLATFORM

Executive Summary

Homerun Resources Inc. has taken a significant step toward building a vertically integrated silica purification platform by engaging Minerali Industriali Engineering (MIE) to develop process design and capital cost estimates for a 350,000 tonne per year primary silica sand processing plant. The facility will be constructed at the company's Santa Maria Eterna deposit in Belmonte, Bahia, Brazil, and represents Phase 1 of a three-phase integrated purification strategy designed to transform Homerun from a resource company into a fully integrated advanced materials business.

The Phase 1 plant will produce +99.9% SiO₂ (3N) industrial grade silica sand, with approximately 200,000 tonnes per year designated for Homerun's own antimony-free, low-iron solar glass manufacturing facility, for which a Bankable Feasibility Study was completed by DTEC PMP GmbH. The remaining production will be marketed to industrial silica customers and serve as clean feedstock for future Phase 2 (4N) and Phase 3 (5N) purification modules, which are designed as modular bolt-on additions to the Phase 1 foundation. This phased approach provides operational flexibility, capital efficiency, and establishes revenue generation to underpin long-term platform development.

MIE's scope of work encompasses complete preliminary engineering including process flow design for physical purification circuits, plant layout for a 9-hectare facility with specialized storage infrastructure, and comprehensive capital cost estimation. The company expects ownership of primary processing infrastructure to deliver significant reductions in cost of goods sold while eliminating single-source processing risk. Importantly, the groundwork completed through the solar glass facility's BFS has accelerated the engineering timeline by establishing substantial site engineering, utility, and infrastructure foundations.

The strategic significance of this development extends beyond immediate operational benefits, positioning Homerun to build one of the few truly vertically integrated high-purity silica platforms outside of China. With finance parties actively engaged throughout the development process and expressing high interest levels, the company appears well-positioned to execute its integrated platform strategy. The combination of a NI 43-101-compliant mineral resource, validated exceptional raw sand quality, and systematic technical foundation building over the past two years demonstrates Homerun's methodical approach to creating a differentiated position in the global silica market.
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