Northwire Canada EditionSunday, August 2, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Noble Plains Uranium Delivers Highest-Grade Intercept to Date as Duck Creek Drilling Continues to Confirm Continuity

High-grade confirmation supports resource delineation, but warrant overhang at $0.15 limits immediate upside velocity.

Executive Summary

On January 22, 2026, Noble Plains Uranium released results from 20 additional drill holes (Holes 83 through 102) at its flagship Duck Creek Project in Wyoming. The highlight was hole 25-21-096, which intercepted 10.82 meters (35.5 ft) grading 0.202% eU3O8, the highest-grade intercept of the program to date. Other significant intervals included 5.3m at 0.090% and 8.1m at 0.083%. The company reports that the program is approximately two-thirds complete, with an 80% success rate in hitting mineralization for this batch. The objective remains to twin historic holes and expand the footprint to support a maiden NI 43-101 resource estimate in Spring 2026.

Material Impact

This news is Material - Positive. * Grade Validation: The 0.202% intercept is significantly higher than the typical cutoff grades (0.02%) and the average grades (approx. 0.05-0.07%) seen in Wyoming ISR deposits. This confirms the presence of high-grade "pockets" within the roll-front system, which can materially increase the total pounds in a resource estimate without requiring vast increases in tonnage. * Continuity: The results confirm mineralization across a 2.25km trend. The consistency (80% hit rate in this batch, 85% in the previous batch) de-risks the geological model. * Resource Timing: These results keep the company on track for its Spring 2026 resource estimate. The consistency allows for easier resource modeling. * Market Context: Coming just one week after a major positive update (Jan 15), this reinforces the momentum. However, because the stock already spiked 50%+ on the Jan 15 news, this news serves more as price support than a catalyst for a new leg up.

NOBL · Price
Company Overview
  • Company: Noble Plains Uranium Corp. (TSXV: NOBL)
  • Flagship Project: Duck Creek Project, Powder River Basin, Wyoming.
  • Project Details: An ISR-amenable (In-Situ Recovery) brownfield uranium project. It spans over 4,100 acres with ~3 miles of mineralized trend.
  • History: The project has extensive historical data (over 4,000 historic holes from Kerr-McGee in the 1970s). Noble Plains acquired it to validate this data and produce a modern NI 43-101 resource.
  • Other Assets: Shirley Central and Shirley East (Shirley Basin, Wyoming), located near Cameco and UEC assets.
Read the original news release →

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