Northwire Canada EditionSaturday, August 1, 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 Material +

Noble Plains Uranium Reports Highest-Grade Intercepts as Confidence Grows in Scale of Duck Creek Trend

High-Grade Intercepts and Strategic Data Acquisitions De-Risk Path to Spring 2026 Resource Estimate

Executive Summary

The latest news (February 5, 2026) reports the highest-grade drill intercepts to date at the flagship Duck Creek Project in Wyoming. Key highlights include hole 25-15-115, which returned 6.096m of 0.207% eU3O8, and hole 25-16-122, which returned 5.334m of 0.170% eU3O8. These results significantly exceed the upper range of the previously defined exploration target grade (0.05% U3O8). Management confirms that mineralization is strengthening toward the north end of the trend, coinciding with a recent 75% land package expansion. The company remains on track to deliver its first NI 43-101 compliant resource in spring 2026.

Material Impact

The impact is Material - Positive for several reasons: - Grade Outperformance: The reported grades of 0.207% eU3O8 are more than 4x the upper range of the August 2025 technical report exploration target (0.03%–0.05%). This suggests the potential resource may be higher quality than initially modeled. - System Continuity: The drilling has covered a 2.25km strike length with an 80-85% success rate in hitting ISR-amenable mineralization. - Strategic Validation: The news follows the February 3, 2026, closure of a data acquisition deal where Ur-Energy (a major U.S. producer) became a strategic shareholder. This provides high-level industry validation of Noble Plains' assets. - Execution: Management has moved from project acquisition (June 2025) to a significant drill campaign (Nov 2025) and towards a resource estimate (Spring 2026) with high efficiency.

NOBL · Price
Company Overview

Noble Plains Uranium is focused on In-Situ Recovery (ISR) amenable uranium projects in Wyoming, USA. - Flagship Project: Duck Creek (Powder River Basin). An 80%-owned brownfield asset covering 5.25 miles of mineralized trend. It is situated between major producers Cameco and Uranium Energy Corp (UEC). - Secondary Project: Shirley Central (Shirley Basin). Located adjacent to Ur-Energy’s project currently under construction. - Strategy: Identify undervalued brownfield assets with extensive historical data, perform confirmation drilling, and fast-track to resource definition.

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