{"success":true,"data":{"pressRelease":{"id":"40703","rtpr_id":"nNFCnp7ny","ticker":"HMR","exchange":"","all_tickers":["HMR"],"title":"Homerun Resources Inc. Engages Minerali Industriali Engineering for Engineering and CAPEX Development of a Primary Silica Sand Processing Plant","author":"Newsfile Corp","published_at":"2026-05-20T12:30:14.841Z","article_body":"Phase 1 of a Three-Phase Vertically Integrated Purification Platform\n\nVancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Homerun\nResources Inc. (TSXV: HMR) (OTCQB: HMRFF) (\"Homerun\" or the \"Company\") is\npleased to announce that it has engaged Minerali Industriali Engineering Srl\n(\"MIE\") to develop process flow design and a capital cost estimate for a\nprimary silica sand processing plant with a minimum capacity of 350,000 tonnes\nper year, targeting +99.9% SiO₂ (3N) industrial grade silica sand at its\nSanta Maria Eterna (\"SME\") silica deposit in Belmonte, Bahia, Brazil.\n\nThis milestone marks the formal launch of Phase 1 of Homerun's Three-Phase\nIntegrated Purification Platform; a modular, bolt-on architecture that will\ntransform the Company's high-purity silica resource into a fully vertically\nintegrated advanced materials business.\n\nKEY HIGHLIGHTS\n*\nMIE engaged to deliver process flow design, engineering, and CAPEX estimate\nfor a 350,000 tpy primary physical purification plant producing +99.9% SiO₂\n(3N) industrial grade silica sand\n*\nApproximately 200,000 tonnes per year of 3N sand will be delivered to\nHomerun's own antimony-free, low-iron extra-clear solar glass manufacturing\nfacility, for which a Bankable Feasibility Study (BFS) was completed by DTEC\nPMP GmbH on May 7, 2026 (https://api.newsfilecorp.com/redirect/B5yZrFP51y)\n*\nThe remaining tonnage will be marketed to industrial silica customers and used\nas clean feedstock for the future Phase 2 (4N) and Phase 3 (5N) purification\nmodules, designed as modular bolt-ons to this Phase 1 foundation\n*\nOwning its primary processing plant is expected to deliver a significant\nreduction in cost of goods sold and reduce reliance on third-party processing\n*\nThe BFS completed for the solar glass facility has established a substantial\nportion of the site engineering, utility, and infrastructure groundwork,\naccelerating the engineering timeline for the primary purification plant\n*\nFinance parties have been engaged and are actively meeting with the Company\nthroughout this development process, with a high level of interest expressed\n\n(https://images.newsfilecorp.com/files/4082/298187_3add6244f4009b1c_001full.jpg)\n\nPhoto 1. Typical setup of the final stock of a 3N silica purification plant \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/4082/298187_3add6244f4009b1c_001full.jpg\n\nBUILDING A FULLY INTEGRATED MATERIALS PLATFORM\n\nHomerun has spent the past two years systematically building the technical and\ncommercial foundation for a fully integrated, multi-product silica\npurification platform, one of the few such platforms being developed outside\nof China. With a NI 43-101-compliant mineral resource, and independent\nthird-party validation of exceptional raw sand quality by Dorfner Anzaplan\nGmbH and MIE, the Company has established that its SME deposit is capable of\nproducing silica products across a broad range of high-value market\napplications.\n\nThe decision to build a 350,000 tpy primary processing plant as Phase 1,\nrather than proceeding directly to a high-purity purification facility,\nreflects a deliberate strategic choice to establish commercial cash flow at\nscale while simultaneously creating the physical platform onto which Phases 2\nand 3 will be bolted. This phased approach provides optionality, capital\nefficiency, and a path to revenue generation that underpins the long-term\ndevelopment of the full purification platform.\n\nSCOPE OF WORK - MINERALI INDUSTRIALI ENGINEERING\n\nMIE has been engaged to provide a complete preliminary engineering package and\ncapital cost estimate for the 350,000 tpy primary processing plant. The scope\nincludes:\n*\nProcess flow design for a complete physical purification circuit (washing,\ngrading, sieving, attrition scrubbing, classification, and drying)\n*\nPlant layout and civil scope, including a 9-hectare facility footprint with\nprimary storage in a purpose-built 52-metre diameter dome\n*\nStorage and dispatch systems for treated product\n*\nProcurement and supply input for major equipment\n*\nCapital cost estimate (CAPEX)\n\nThe plant will accept raw silica sand from Homerun's SME deposit and produce a\nclean, uniform 3N product suitable for solar glass manufacturing, industrial\napplications, and as primary feedstock for the future advanced purification\ncircuits in Phases 2 and 3.\n\nThe Company previously announced a Letter of Intent with Jundu for primary\nsilica sand processing services. Jundu will continue to provide processing\nservices for Homerun's industrial silica sales until Homerun's own Phase 1\nplant is commissioned, at which point Homerun will process its own production\ninternally. Jundu will remain a strategic partner following commissioning of\nthe Company's own facility. By owning and operating its own primary processing\ninfrastructure, the Company expects to achieve a meaningful reduction in\nper-tonne cost of goods sold and eliminate exposure to single-source\nprocessing risk, an important step toward margin expansion and financing\nreadiness.\n\n\"The engagement of Minerali Industriali Engineering to develop our Phase 1\nprimary processing plant is one of the most consequential steps we have taken\nas a Company. We are not just building a processing plant, we are laying the\nfoundation of a fully integrated advanced silica materials platform. The 3N\nplant anchors our industrial business, supplies our solar glass facility, and\ncreates the physical infrastructure onto which our 4N and 5N purification\nmodules will be built. We are advancing all three phases concurrently, and our\nfinance partners are closely engaged throughout this process. The groundwork\ndone through our BFS for the solar glass project has given us a significant\nhead start on site engineering and infrastructure. We believe this integrated\napproach represents the most capital-efficient and commercially compelling\npath to building one of the few truly vertically integrated high-purity silica\nplatforms outside of China.\" - Brian Leeners, CEO & Director, Homerun\nResources Inc.\n\n\"We are excited to be advancing our silica sand development pathway to primary\nstage 3N industrial grade silica. It is our plan that this will be the highest\nquality industrial silica sand in Brazil. The output from this primary\npurification plant will supply our industrial grade customers and solar glass\nfacility and provide clean feed for our 4N and 5N purification processing and\nadvanced materials initiatives.\" - Armando Farhate, COO, Homerun Resources\nInc.\n\nAbout Minerali Industriali Engineering Srl\n(https://www.mineraliengineering.it/ )\n\nWith over 100 years of experience in the mining processing sector, Minerali\nIndustriali Engineering is the ideal partner for the treatment of non-metallic\nores, especially for the wet and dry dressing of silica sand. Solution 360:\nMIE offers a treatment solution for raw materials from the very first step,\nthe geological survey of the deposit and analysis of relevant samples, to the\nfinal realization of the turnkey plant, passing from the engineering and\ndesign of each single treatment process and machine. MIE can also support its\ncustomers during the start-up stage and through personnel training.\nCooperating with the leading credit institutions, MIE is available to study\nfinancial solutions with our customers.\n\nAbout Homerun (www.homerunresources.com / www.homerunenergy.com)\n\nHomerun is building the silica-powered backbone of the energy transition\nacross four focused verticals: Silica, Solar, Energy Storage, and Energy\nSolutions. Anchored by a unique high-purity low-iron silica resource in Bahia,\nBrazil, Homerun transforms raw silica into essential products and technologies\nthat accelerate clean power adoption and deliver durable shareholder value.\n*\n⁠Silica: Secure supply and processing of high-purity low-iron silica for\nmission-critical applications, enabling premium solar glass and advanced\nenergy materials.\n*\nSolar: Development of Latin America's first dedicated 1,000 tonne per day\nhigh-efficiency solar glass plant and the commercialization of antimony-free\nsolar glass designed for next-generation photovoltaic performance.\n*\nEnergy Storage: Advancement of long-duration, silica-based thermal storage\nsystems and related technologies to decarbonize industrial heat and unlock\ngrid flexibility.\n*\n⁠Energy Solutions: AI-enabled energy management, control systems, and\nturnkey electrification solutions that reduce costs and optimize renewable\ngeneration for commercial and industrial customers.\n\nWith disciplined execution, strategic partnerships, and an unwavering\ncommitment to best-in-class ESG practices, Homerun is focused on converting\nmilestones into markets-creating a scalable, vertically integrated platform\nfor clean energy manufacturing in the Americas.\n\nOn behalf of the Board of Directors of\nHomerun Resources Inc.\n\n\"Brian Leeners\" \n\nBrian Leeners, CEO & Director\nbrianleeners@gmail.com / +1 604-862-4184 (WhatsApp)\n\nTyler Muir, Investor Relations\ninfo@homerunresources.com / +1 306-690-8886 (WhatsApp)\n\nFOR THE ADEQUACY OR ACCURACY OF THIS RELEASE\n\nThe information contained herein contains \"forward-looking statements\" within\nthe meaning of applicable securities legislation. Forward-looking statements\nrelate to information that is based on assumptions of management, forecasts of\nfuture results, and estimates of amounts not yet determinable. Any statements\nthat express predictions, expectations, beliefs, plans, projections,\nobjectives, assumptions or future events or performance are not statements of\nhistorical fact and may be \"forward-looking statements\".\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/298187","article_body_html":"","raw_payload":{"data":{"id":"nNFCnp7ny","title":"Homerun Resources Inc. Engages Minerali Industriali Engineering for Engineering and CAPEX Development of a Primary Silica Sand Processing Plant","author":"Newsfile Corp","ticker":"HMR","created":"2026-05-20T12:30:14.841Z","tickers":["HMR"],"exchange":"","article_body":"Phase 1 of a Three-Phase Vertically Integrated Purification Platform\n\nVancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Homerun\nResources Inc. (TSXV: HMR) (OTCQB: HMRFF) (\"Homerun\" or the \"Company\") is\npleased to announce that it has engaged Minerali Industriali Engineering Srl\n(\"MIE\") to develop process flow design and a capital cost estimate for a\nprimary silica sand processing plant with a minimum capacity of 350,000 tonnes\nper year, targeting +99.9% SiO₂ (3N) industrial grade silica sand at its\nSanta Maria Eterna (\"SME\") silica deposit in Belmonte, Bahia, Brazil.\n\nThis milestone marks the formal launch of Phase 1 of Homerun's Three-Phase\nIntegrated Purification Platform; a modular, bolt-on architecture that will\ntransform the Company's high-purity silica resource into a fully vertically\nintegrated advanced materials business.\n\nKEY HIGHLIGHTS\n*\nMIE engaged to deliver process flow design, engineering, and CAPEX estimate\nfor a 350,000 tpy primary physical purification plant producing +99.9% SiO₂\n(3N) industrial grade silica sand\n*\nApproximately 200,000 tonnes per year of 3N sand will be delivered to\nHomerun's own antimony-free, low-iron extra-clear solar glass manufacturing\nfacility, for which a Bankable Feasibility Study (BFS) was completed by DTEC\nPMP GmbH on May 7, 2026 (https://api.newsfilecorp.com/redirect/B5yZrFP51y)\n*\nThe remaining tonnage will be marketed to industrial silica customers and used\nas clean feedstock for the future Phase 2 (4N) and Phase 3 (5N) purification\nmodules, designed as modular bolt-ons to this Phase 1 foundation\n*\nOwning its primary processing plant is expected to deliver a significant\nreduction in cost of goods sold and reduce reliance on third-party processing\n*\nThe BFS completed for the solar glass facility has established a substantial\nportion of the site engineering, utility, and infrastructure groundwork,\naccelerating the engineering timeline for the primary purification plant\n*\nFinance parties have been engaged and are actively meeting with the Company\nthroughout this development process, with a high level of interest expressed\n\n(https://images.newsfilecorp.com/files/4082/298187_3add6244f4009b1c_001full.jpg)\n\nPhoto 1. Typical setup of the final stock of a 3N silica purification plant \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/4082/298187_3add6244f4009b1c_001full.jpg\n\nBUILDING A FULLY INTEGRATED MATERIALS PLATFORM\n\nHomerun has spent the past two years systematically building the technical and\ncommercial foundation for a fully integrated, multi-product silica\npurification platform, one of the few such platforms being developed outside\nof China. With a NI 43-101-compliant mineral resource, and independent\nthird-party validation of exceptional raw sand quality by Dorfner Anzaplan\nGmbH and MIE, the Company has established that its SME deposit is capable of\nproducing silica products across a broad range of high-value market\napplications.\n\nThe decision to build a 350,000 tpy primary processing plant as Phase 1,\nrather than proceeding directly to a high-purity purification facility,\nreflects a deliberate strategic choice to establish commercial cash flow at\nscale while simultaneously creating the physical platform onto which Phases 2\nand 3 will be bolted. This phased approach provides optionality, capital\nefficiency, and a path to revenue generation that underpins the long-term\ndevelopment of the full purification platform.\n\nSCOPE OF WORK - MINERALI INDUSTRIALI ENGINEERING\n\nMIE has been engaged to provide a complete preliminary engineering package and\ncapital cost estimate for the 350,000 tpy primary processing plant. The scope\nincludes:\n*\nProcess flow design for a complete physical purification circuit (washing,\ngrading, sieving, attrition scrubbing, classification, and drying)\n*\nPlant layout and civil scope, including a 9-hectare facility footprint with\nprimary storage in a purpose-built 52-metre diameter dome\n*\nStorage and dispatch systems for treated product\n*\nProcurement and supply input for major equipment\n*\nCapital cost estimate (CAPEX)\n\nThe plant will accept raw silica sand from Homerun's SME deposit and produce a\nclean, uniform 3N product suitable for solar glass manufacturing, industrial\napplications, and as primary feedstock for the future advanced purification\ncircuits in Phases 2 and 3.\n\nThe Company previously announced a Letter of Intent with Jundu for primary\nsilica sand processing services. Jundu will continue to provide processing\nservices for Homerun's industrial silica sales until Homerun's own Phase 1\nplant is commissioned, at which point Homerun will process its own production\ninternally. Jundu will remain a strategic partner following commissioning of\nthe Company's own facility. By owning and operating its own primary processing\ninfrastructure, the Company expects to achieve a meaningful reduction in\nper-tonne cost of goods sold and eliminate exposure to single-source\nprocessing risk, an important step toward margin expansion and financing\nreadiness.\n\n\"The engagement of Minerali Industriali Engineering to develop our Phase 1\nprimary processing plant is one of the most consequential steps we have taken\nas a Company. We are not just building a processing plant, we are laying the\nfoundation of a fully integrated advanced silica materials platform. The 3N\nplant anchors our industrial business, supplies our solar glass facility, and\ncreates the physical infrastructure onto which our 4N and 5N purification\nmodules will be built. We are advancing all three phases concurrently, and our\nfinance partners are closely engaged throughout this process. The groundwork\ndone through our BFS for the solar glass project has given us a significant\nhead start on site engineering and infrastructure. We believe this integrated\napproach represents the most capital-efficient and commercially compelling\npath to building one of the few truly vertically integrated high-purity silica\nplatforms outside of China.\" - Brian Leeners, CEO & Director, Homerun\nResources Inc.\n\n\"We are excited to be advancing our silica sand development pathway to primary\nstage 3N industrial grade silica. It is our plan that this will be the highest\nquality industrial silica sand in Brazil. The output from this primary\npurification plant will supply our industrial grade customers and solar glass\nfacility and provide clean feed for our 4N and 5N purification processing and\nadvanced materials initiatives.\" - Armando Farhate, COO, Homerun Resources\nInc.\n\nAbout Minerali Industriali Engineering Srl\n(https://www.mineraliengineering.it/ )\n\nWith over 100 years of experience in the mining processing sector, Minerali\nIndustriali Engineering is the ideal partner for the treatment of non-metallic\nores, especially for the wet and dry dressing of silica sand. Solution 360:\nMIE offers a treatment solution for raw materials from the very first step,\nthe geological survey of the deposit and analysis of relevant samples, to the\nfinal realization of the turnkey plant, passing from the engineering and\ndesign of each single treatment process and machine. MIE can also support its\ncustomers during the start-up stage and through personnel training.\nCooperating with the leading credit institutions, MIE is available to study\nfinancial solutions with our customers.\n\nAbout Homerun (www.homerunresources.com / www.homerunenergy.com)\n\nHomerun is building the silica-powered backbone of the energy transition\nacross four focused verticals: Silica, Solar, Energy Storage, and Energy\nSolutions. Anchored by a unique high-purity low-iron silica resource in Bahia,\nBrazil, Homerun transforms raw silica into essential products and technologies\nthat accelerate clean power adoption and deliver durable shareholder value.\n*\n⁠Silica: Secure supply and processing of high-purity low-iron silica for\nmission-critical applications, enabling premium solar glass and advanced\nenergy materials.\n*\nSolar: Development of Latin America's first dedicated 1,000 tonne per day\nhigh-efficiency solar glass plant and the commercialization of antimony-free\nsolar glass designed for next-generation photovoltaic performance.\n*\nEnergy Storage: Advancement of long-duration, silica-based thermal storage\nsystems and related technologies to decarbonize industrial heat and unlock\ngrid flexibility.\n*\n⁠Energy Solutions: AI-enabled energy management, control systems, and\nturnkey electrification solutions that reduce costs and optimize renewable\ngeneration for commercial and industrial customers.\n\nWith disciplined execution, strategic partnerships, and an unwavering\ncommitment to best-in-class ESG practices, Homerun is focused on converting\nmilestones into markets-creating a scalable, vertically integrated platform\nfor clean energy manufacturing in the Americas.\n\nOn behalf of the Board of Directors of\nHomerun Resources Inc.\n\n\"Brian Leeners\" \n\nBrian Leeners, CEO & Director\nbrianleeners@gmail.com / +1 604-862-4184 (WhatsApp)\n\nTyler Muir, Investor Relations\ninfo@homerunresources.com / +1 306-690-8886 (WhatsApp)\n\nFOR THE ADEQUACY OR ACCURACY OF THIS RELEASE\n\nThe information contained herein contains \"forward-looking statements\" within\nthe meaning of applicable securities legislation. Forward-looking statements\nrelate to information that is based on assumptions of management, forecasts of\nfuture results, and estimates of amounts not yet determinable. Any statements\nthat express predictions, expectations, beliefs, plans, projections,\nobjectives, assumptions or future events or performance are not statements of\nhistorical fact and may be \"forward-looking statements\".\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/298187"},"type":"article","timestamp":"2026-05-20T12:30:14.868875276Z","server_sent_at_ms":1779280214868},"received_at":"2026-05-20T12:30:14.931Z","source_url":"https://www.newsfilecorp.com/release/298187"},"analysis":{"id":"30142","press_release_id":"40703","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"Homerun Resources has engaged Minerali Industriali Engineering (MIE) to design a primary silica sand processing plant with a capacity of 350,000 tonnes per year at its Santa Maria Eterna deposit in Brazil.\n\nThe facility will produce +99.9% SiO2 (3N) industrial grade silica, with approximately 200,000 tonnes per year destined for Homerun’s own solar glass manufacturing facility and the remainder for external industrial customers.\n\nThis Phase 1 plant serves as the foundation for a vertically integrated purification platform, allowing Homerun to reduce cost of goods sold and eliminate reliance on third-party processors like Jundu, while creating feedstock for future high-purity 4N and 5N modules.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"HMR takes a major de-risking step by engaging MIE for Phase 1 plant engineering, validating its path to vertical integration and margin expansion."},"keyFigures":{"customDimensions":{"purity_grade":"+99.9% SiO2 (3N)","plant_capacity_tpy":350000,"internal_demand_tpy":200000,"facility_footprint_hectares":9,"storage_dome_diameter_meters":52}},"quotedText":"We are not just building a processing plant, we are laying the foundation of a fully integrated advanced silica materials platform.","namedEntities":{"people":[{"name":"Brian Leeners","role":"CEO & Director"},{"name":"Armando Farhate","role":"COO"},{"name":"Tyler Muir","role":"Investor Relations"}],"products":["3N industrial grade silica sand","antimony-free solar glass","4N purification modules","5N purification modules"],"companies":[{"name":"Homerun Resources Inc.","ticker":"HMR","relationship":"filer"},{"name":"Minerali Industriali Engineering Srl","relationship":"engineering partner"},{"name":"Jundu","relationship":"current processing partner"},{"name":"DTEC PMP GmbH","relationship":"feasibility study provider"},{"name":"Dorfner Anzaplan GmbH","relationship":"technical validator"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Engagement of a major engineering firm for CAPEX estimation and process design is a critical de-risking step for a pre-production resource. It validates the technical pathway to commercialization and vertical integration, though it does not yet represent a binding construction contract or revenue generation."},"tickerRelevance":{"others":[],"primary":"HMR"},"globalImportance":25,"audienceRelevance":30,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"technical_milestone","sectorWeight":"high","householdBrandBoost":0,"marketCapAdjustment":"neutral","retailFavoriteBoost":0}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":3,"narrative":"Homerun Resources has engaged Minerali Industriali Engineering (MIE) to design a primary silica sand processing plant with a capacity of 350,000 tonnes per year at its Santa Maria Eterna deposit in Brazil.\n\nThe facility will produce +99.9% SiO2 (3N) industrial grade silica, with approximately 200,000 tonnes per year destined for Homerun’s own solar glass manufacturing facility and the remainder for external industrial customers.\n\nThis Phase 1 plant serves as the foundation for a vertically integrated purification platform, allowing Homerun to reduce cost of goods sold and eliminate reliance on third-party processors like Jundu, while creating feedstock for future high-purity 4N and 5N modules.","key_figures":{"customDimensions":{"purity_grade":"+99.9% SiO2 (3N)","plant_capacity_tpy":350000,"internal_demand_tpy":200000,"facility_footprint_hectares":9,"storage_dome_diameter_meters":52}},"named_entities":{"people":[{"name":"Brian Leeners","role":"CEO & Director"},{"name":"Armando Farhate","role":"COO"},{"name":"Tyler Muir","role":"Investor Relations"}],"products":["3N industrial grade silica sand","antimony-free solar glass","4N purification modules","5N purification modules"],"companies":[{"name":"Homerun Resources Inc.","ticker":"HMR","relationship":"filer"},{"name":"Minerali Industriali Engineering Srl","relationship":"engineering partner"},{"name":"Jundu","relationship":"current processing partner"},{"name":"DTEC PMP GmbH","relationship":"feasibility study provider"},{"name":"Dorfner Anzaplan GmbH","relationship":"technical validator"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-20T12:34:42.258Z","global_importance":25,"audience_relevance":30,"importance_components":{"tickerTier":"small-cap","eventGravity":"technical_milestone","sectorWeight":"high","householdBrandBoost":0,"marketCapAdjustment":"neutral","retailFavoriteBoost":0}},"durationMs":22917,"modelName":"george-droid-qwen-72b"}}