Noble Plains Uranium Expands Flagship Duck Creek Project, Increasing Uranium Trend Coverage by 75% in Wyoming's Powder River Basin
Flagship expansion increases scale in Wyoming as maiden resource deadline approaches.
On January 12, 2026, Noble Plains Uranium (NOBL) announced a significant 75% expansion of its flagship Duck Creek Project in Wyoming’s Powder River Basin. The company staked 140 additional mineral claims covering 2,800 acres immediately north of the existing project. This move extends the controlled mineralized trend from 3 miles to over 5.25 miles. The project is strategically located between major uranium producers Cameco and Uranium Energy Corp (UEC). The company confirmed that current drilling on the original 3-mile trend remains on track for an initial NI 43-101 compliant resource estimate by spring 2026. Drilling on the newly staked ground is planned for the summer of 2026.
This expansion is materially positive as it significantly increases the "strike length" and potential scale of the flagship asset during an active drill campaign. - Scale and Longevity: Increasing the land position by 75% suggests management sees the mineralized roll-fronts continuing beyond the original boundaries. - Strategic Moat: Positioning the project between Cameco and UEC creates potential M&A tension, although this remains speculative. - De-risking through Proximity: The proximity to existing resources held by UEC provides a higher geological probability of success for the new claims. - Timing: This news follows a series of positive drill results (Jan 6, 2026, and Dec 2025) that consistently exceeded the Grade-Thickness (GT) targets established in the 2025 technical report.
Noble Plains Uranium is a Canadian-listed explorer focused on "brownfield" uranium assets in Wyoming, USA. - Flagship Project: Duck Creek (Powder River Basin). It is a shallow roll-front uranium system (Wasatch Formation) with over 4,000 historical drill holes. - Strategy: Using extensive historical data (Kerr-McGee legacy) to fast-track modern NI 43-101 resource definitions. - Other Assets: Shirley Basin portfolio (Shirley Central/East), which is adjacent to Ur-Energy’s producing/under-construction projects.