Noble Plains Uranium Extends Consistent Mineralization at Duck Creek Project in Wyoming
Noble Plains Outpaces Historical Targets at Duck Creek as Ur-Energy Partnership Validates Wyoming Portfolio
The news release dated January 6, 2026, reports the fourth set of drill results from the ongoing 11,400-meter (150-hole) mud-rotary program at the Duck Creek Project in Wyoming. Key takeaways include: - Drilling has now covered 1.5 kilometers of strike length. - Results from the latest 18 holes (holes 25-28-044 to 25-21-062) continue to show consistent mineralization. - The program is maintaining an average Grade-Thickness (GT) of 0.70, which is 17% higher than the upper-case Exploration Target (0.598) defined in the project’s 2025 NI 43-101 Technical Report. - A highlight intercept in hole 25-21-059 returned 0.165% eU3O8 over 2.44 meters. - The company also granted 300,000 stock options to directors and consultants at an exercise price of $0.175.
This news is materially positive as it confirms that the current drilling is not only validating historical data but consistently outperforming the grades and thicknesses used in the company’s initial economic modeling. - Resource Definition: By consistently exceeding the GT of the Exploration Target, Noble Plains is building a higher-quality "pounds in the ground" narrative ahead of its planned H1 2026 maiden resource estimate. - Project Scalability: Expanding the strike length to 1.5 km with consistent results suggests a scalable system. - Validation by Proxy: This follows the December 18, 2025, announcement where industry producer Ur-Energy (URG) became a shareholder through a data-acquisition deal. This strategic alignment, combined with superior drill results, significantly de-risks the geological model. - Administrative Dilution: The option grant at $0.175 is near the current market price, suggesting management sees current levels as fair value or a floor for performance incentives.
Noble Plains Uranium Corp. focuses on the acquisition and development of brownfield uranium assets in Wyoming, USA, primarily targeting In-Situ Recovery (ISR) amenable deposits. - Flagship Project: Duck Creek Project (Powder River Basin). It is an 80%-optioned brownfield site with over 4,000 historical drill holes. - Secondary Asset: Shirley Central/East (Shirley Basin), located adjacent to Ur-Energy’s Shirley Basin ISR project which is currently under construction.