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Homeland Nickel advances drilling plans and closes $3M financing for US nickel projects

Company Fundamentals
17 Sep 2026
TheNewswire
View Source
Bullish
Homeland Nickel advances drilling plans and closes $3M financing for US nickel projects

Homeland Nickel announced US Forest Service approval for its drilling plan at the Red Flat Nickel Project, with environmental and cultural reviews underway. The company also completed data recompilation for Red Flat and Cleopatra projects, enabling updated resource estimates and accelerating economic assessments expected by Q4 2026. Homeland closed a $3.04 million private placement financing to fund exploration and corporate activities. These developments position Homeland to advance nickel exploration in Oregon, supporting future project development and regulatory compliance.

Homeland Nickel's exploration and corporate update is presented here alongside Pluang's Basic Materials sector market snapshot as of Sep 17, 2026 20:12 WIB. Of 31 priced US Basic Materials stocks on Pluang, 28 rose and 3 fell. Among notable movers, Kinross Gold Corporation (KGC) rose 3.70% to USD 28.85 with a typical hold time of 52 days and a Pluang order activity heavily skewed to selling at 91%. Agnico Eagle Mines Ltd (AEM) increased 3.62% to USD 202.64, held typically for 55 days, with 100% buy orders. Freeport-McMoRan Inc (FCX) gained 3.47% to USD 71.66, held for 68 days, with a 57% buy order activity.

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