Patriot and Homeland Announce Airborne LIDAR and Magnetometer Surveys at Cleopatra and Red Flat Nickel Properties

Patriot and Homeland Announce Airborne LIDAR and Magnetometer Surveys at Cleopatra and

Red Flat Nickel Properties

Toronto, Ontario – July 16, 2026 – Patriot Nickel Corp (“Patriot”) and Homeland Nickel Inc.

(“Homeland”) (TXS -V: SHL) are pleased to announce the receipt of US Forest Service permits for aerial

LIDAR and magnetometer surveys of nickel laterite lode claims in the Josephine Ophiolite formation in

southwestern Oregon. “The aerial surveys will help us underst and the geologic structure, extent of

serpentinization, topographic variation and extent of nickel laterite in the region, which we already know

is the largest nickel bearing mineral deposit in the continental United States”, said Steve Balch, CEO of

Homeland Nickel.

The airborne survey will be flown via drone, using LIDAR or Light Detection and Ranging, a remote

sensing technology, over the Cleopatra and Red Flat areas. “We will be able to conduct these surveys

without having any personnel or equipment having to be p resent on the mountain areas”, said Jeff Strobel,

CEO of Patriot. “The Siskiyou National Forest is a magnificent natural resource area and we are committed

to developing these areas with a focus on environmental compliance and preservation, while develop ing a

critical mineral urgently required for American national interests, and providing long -term and sustainable

economic benefits to the region through good -paying jobs and local infrastructure improvements.”

The surveys will be conducted during Q3 2026 and assist Patriot in refining its estimate of nickel laterite

and building a geologic model leading to a bankable feasibility study and eventual development of the

mineral bearing areas.

About Patriot Nickel

Patriot Nickel Corp is a US corporation formed to develop and produce nickel from US deposits through

an agreement with Homeland Nickel Inc. Patriot’s mission is to become the leading U.S. -mined and U.S.

refined source of nickel, delivering critical minera l security for America’s advanced batteries, aerospace,

and clean energy future.

About Homeland Nickel

Homeland Nickel is a Canadian -based mineral exploration company focused on critical metal resources

with nine nickel projects in Oregon, United States, including two with historical resources. The Cleopatra

Property alone contains a historical resource of approximately 40 Mt of laterite grading 0.9% nickel making

it the largest historical undeveloped nickel resource in the continental United States. Homeland Nickel’s

common shares trade on the TSX Venture Exchange under the symbol “SHL”. Detailed informatio n can be

found on the Company’s website at: http://www.homelandnickel.com

FOR FURTHER INFORMATION PLEASE CONTACT:

Stephen Balch, President & CEO, Homeland Nickel Inc.

Phone: 905-407-9586

Email: [email protected]

Qualified Person

Stephen J. Balch, P.Geo. (ON), the Company’s President and CEO and a “Qualified Person” under National

Instrument (NI) 43-101, has reviewed and approved the technical content of this news release.

Cautionary Statement

This news release may contain assumptions, estimates, and other forward -looking statements regarding

future events. Such forward -looking statements involve inherent risks and uncertainties and are subject to

factors, many of which are beyond the Company's control that may cause actual results or performance to

differ materially from those currently anticipated in such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.