SOURCE: Homeland Resources Ltd.

March 14, 2011 09:00 ET

Homeland Resources Appoints Halterman as Senior Geological Consultant

ALBUQUERQUE, NM--(Marketwire - March 14, 2011) -  Homeland Resources Ltd. (OTCQB: HMLA) (OTCBB: HMLA) is pleased to report that the company has appointed Mr. Leroy (Lee) Halterman to the position of Senior Geological Consultant.  

"The addition of Lee to our exploration team will give our company direct access to a wide range of industry knowledge and operational experience," said Armando Garcia, President of Homeland Resources. "His extensive familiarity with the underlying geology of our current projects will be an invaluable asset going forward as we continue to develop oil and gas projects in the area and look to expand beyond our current territory."

Mr. Halterman has over forty years experience in various aspects of oil, gas, coal, and mineral exploration and evaluation. This includes nearly thirty years in senior oil and gas management positions tasked with the administration of large teams and multi-million dollar budgets. Lee is also qualified to perform surface and ground water investigations, as well as environmental site assessments.

Mr. Halterman holds a B.Sc. in Geology from Missouri School of Mines. He is a member of the American Association of Petroleum Geologist and the Society of Mining, Metallurgy and Exploration. He is also a Certified Professional Geologist with the American Association of Professional Geologist and a Registered Geologist in the State of Wyoming.

Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. The Company has no official gas or oil reserves at this time and may not have sufficient funding to thoroughly explore, drill or develop its properties. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings.

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