Noble Plains Uranium expands Duck Creek property

Executive Summary

• Noble Plains Uranium Corp. has expanded its flagship Duck Creek project in Wyoming’s Powder River Basin by staking 140 new mineral claims, increasing the continuous uranium-mineralized trend coverage by over 75% to 5.25 miles.
• The expansion positions the company to potentially add significant uranium pounds by extending the known mineralized corridor between two major producers, Cameco Corp. and Uranium Energy Corp.
• The company aims to deliver its first NI 43-101 compliant resource on the original three-mile trend by spring 2026, with plans to initiate drilling on the newly staked ground in the summer of 2026.

Key Details

• Land Expansion: Staked an additional 140 mineral claims covering over 2,800 acres immediately north of the existing Duck Creek project.
• Trend Coverage: Increased continuous uranium-mineralized trend coverage from approximately 3 miles to 5.25 miles (an increase of over 75%).
• Strategic Location: The expanded land position creates a dominant 5.25-mile uranium corridor situated between Cameco Corp. (Smith Ranch-Highland complex) and Uranium Energy Corp. (Barge project).
• Neighbor Resources:
  • Uranium Energy Corp. (Barge Project): Reported resource of approximately 4.36 million pounds U3O8.
  • Cameco Corp. (Smith Ranch-Highland Complex): Resource of 32 million pounds U3O8 with historical production of over 23 million pounds U3O8.
• Geological Context: The new claims cover multiple aligned shallow-depth north-trending historical open pits that demark the continuation of mineralized trends established on the original project area.
• Drilling Strategy:
  • Current drill program is active on the initial three-mile Duck Creek trend.
  • Objective is to advance the project toward a compliant NI 43-101 resource by spring 2026.
  • Intent to initiate a drill program on the newly acquired portion of the property in the summer following resource definition.
• Extraction Method: The project geology is amenable to In Situ Recovery (ISR).

Notable Quotes

• Drew Zimmerman, CEO: "This expansion is a direct result of the success we're seeing at Duck Creek and our conviction in the system we are defining... By extending Duck Creek to five miles of trend between two major producers, we are positioning Noble Plains to meaningfully increase the uranium pound potential of this flagship asset."
• Paul Cowley, COO: "The drilling results we are generating on the existing Duck Creek claims demonstrate strong continuity of roll-front mineralization... When combined with known historical workings on the newly staked ground and the fact that this trend continues toward established uranium resources held by UEC, we have a high level of confidence that the systems opportunity is much larger and persists beyond our current drilling area."