Noble Plains Uranium Completes Shirley Central Historical Drill Database, Unlocking 341 Uranium Intercepts
Noble Plains uses AI-digitized historic roll-front data to set up confirmation drilling at its project, though no new metal has been discovered yet.
Noble Plains Uranium Corp. has completed the digitization of 1,211 historical drillhole gamma-ray logs at its Shirley Central property using Geomorphic AI. The analysis identified 341 historical intercepts that met a 0.02% eU₃O₈ cutoff and a minimum 2-foot thickness. These qualifying intercepts averaged 0.055% eU₃O₈ over 13.7 feet.
Two notable historical intercepts included TX‑2763, which returned 4 ft @ 0.58% eU₃O₈ at a depth of 185‑189 ft, and SX‑683, which returned 6.3 ft @ 0.53% eU₃O₈ at a depth of 448.6‑454.9 ft. Based on this data, the company has selected seven confirmation drill holes to test two roll-front “nose” clusters.
Additionally, the company granted 2,000,000 stock options to insiders and consultants at $0.09 per share. The options carry a five-year term and are fully vested.
Noble Plains Uranium Corp. (NOBL) released a progress update regarding its Shirley Central project, which remains entirely grass-roots with no established resource. The company acquired historical data for Shirley Central in December 2025 and February 2026, followed by an announcement in March 2026 regarding the digitization of that data. The completion of this digitization was expected, and the newly reported 341-intercept count provides incremental detail but does not confirm mineralization or add to the company’s resource pounds.
The news does not alter the company’s risk profile or investment thesis. Noble Plains currently holds a maiden resource at its Duck Creek project, but the Shirley Central updates do not change that status. The stock has been in a steady decline from approximately $0.13 in April to $0.09, suggesting the market has given little weight to the maiden Duck Creek resource and is now discounting further developments.
Financially, the company reported cash holdings of $126,667 as of March 31, 2026. A $1 million placement closed on June 25, and an option grant at $0.09 signals ongoing dilution pressure. Without new drill results or a resource definition, the release is viewed as a routine data processing update rather than a value-adding discovery.
Noble Plains Uranium Corp. (NOBL) is a junior explorer focused on in-situ recovery uranium projects in Wyoming. Its flagship asset is the Duck Creek property in the Powder River Basin, which holds a maiden resource of 5.32 million pounds of Indicated material at 0.062% U₃O₈ and 1.04 million pounds of Inferred material at 0.09% U₃O₈.
The company also holds the Shirley Central property in the Shirley Basin, comprising 665 acres adjacent to Ur‑Energy’s mine. This site features a historic database of 1,211 drill holes but currently has no established resource. Additional claims in the Shirley Basin are held under the Shirley East designation.
Noble Plains has entered into a strategic letter of intent with Ur‑Energy for the potential processing of future in-situ recovery solutions. The company reports that its cash and working capital are precariously low, making it dependent on equity raises.