Northwire Canada EditionTuesday, July 28, 2026
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MAI 4.29 −4.2% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.170 +9.7% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.540 +0.0% NRC 1.00 +0.0% SIG 0.920 +0.0% LMR 0.120 +60.0% XTM 0.065 +0.0% CRG 0.215 −2.3% DEC 0.070 +0.0% EAU 0.100 +0.0% MAI 4.29 −4.2% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.170 +9.7% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.540 +0.0% NRC 1.00 +0.0% SIG 0.920 +0.0% LMR 0.120 +60.0% XTM 0.065 +0.0% CRG 0.215 −2.3% DEC 0.070 +0.0% EAU 0.100 +0.0%
Drill Results Routine +

Noble Plains Uranium Commences Confirmation Drill Program at Shirley Central Project

Noble Plains begins confirmation drilling at Shirley Central to convert resources to NI 43-101 standards.

Executive Summary

Noble Plains Uranium Corp. has mobilized a drill rig to its Shirley Central Project in Wyoming to begin a confirmation drill program. The company utilized Geomorphic AI to digitize 1,211 historical gamma-ray logs, successfully identifying 341 qualifying uranium intercepts that guided the placement of seven new confirmation drill holes.

The Shirley Central project comprises 30 unpatented claims (665 acres) located adjacent to Ur-Energy’s producing Shirley Basin ISR Project and bordered by Uranium Energy Corp. The strategic objective is to confirm historical intercepts with modern, twinned data meeting current QA/QC standards, with the explicit goal of advancing toward an initial NI 43-101 mineral resource estimate. Management highlighted the conversion of historical data into drill targets as a disciplined, data-driven exploration approach, mirroring the strategy previously applied to the Duck Creek project.

Material Impact

Noble Plains Uranium Corp. (NOBL) has begun its Shirley Central confirmation drill program, a sequential step following the July 9 announcement that historical data digitization was complete and targets were selected. The news contains no new, unexpected information that would materially alter the company's valuation or exploration timeline, serving only to confirm management's stated execution plan.

While the announcement demonstrates operational progress, it is considered incremental as the market had already priced in the data acquisition and AI processing phases. The actual resource definition and economic viability remain unproven.

NOBL · Price
Company Overview

Noble Plains Uranium Corp. is an exploration-stage company focused on acquiring and advancing in-situ recovery (ISR) uranium projects in Wyoming's premier basins. Its flagship Duck Creek Project is located in the Powder River Basin, where the company recently announced a maiden NI 43-101 resource of 5.32 million pounds of Indicated and 1.04 million pounds of Inferred U3O8. Noble Plains has expanded its land package to cover 5.25 miles of a continuous mineralized trend.

The company’s Shirley Central Project is situated in the Shirley Basin on a 665-acre property adjacent to Ur-Energy's producing ISR mine. Noble Plains is currently moving from historical data digitization to active confirmation drilling to fast-track a resource estimate. The business model leverages historical drilling data and AI-driven geological modeling to rapidly de-risk brownfield assets and accelerate the path to compliant resource definitions.

Read the original news release →

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