Northwire Canada EditionMonday, August 3, 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

Noble Plains Uranium Drill Results Achieve Success Rate of 85% at Duck Creek Project in Wyoming

Noble Plains De-Risks Duck Creek as Drill Grades Outpace Exploration Targets by 38%

Executive Summary

The news release dated January 15, 2026, reports the latest results from the ongoing 37,400-foot drill program at the Duck Creek Project in Wyoming. The company achieved an 85% success rate across 20 mud-rotary drill holes. Key findings include an average grade of 0.069% eU3O8, which is 38% higher than the upper range of the previously defined Exploration Target (0.05% eU3O8). Notable intercepts include hole 25-21-069 (7.92m at 0.117% eU3O8) and hole 25-21-079 (5.94m at 0.137% eU3O8). Management confirms the drill program is more than 50% complete, with the objective of delivering a maiden NI 43-101 compliant resource estimate by spring 2026.

Material Impact
  • Geological Validation: The 85% success rate and consistent intercepts along a 2.25km strike length significantly de-risk the upcoming resource estimate. The fact that grades are consistently exceeding the exploration target suggests the potential for a higher-quality resource than initially modeled.
  • Strategic Momentum: This news follows a 75% expansion of the land position (January 12, 2026) and a strategic data acquisition from producer Ur-Energy (December 18, 2025). The company is successfully transitioning from an "asset gatherer" to an "active explorer."
  • Execution: Management is meeting stated timelines. Permitting was achieved in late 2025, and drilling is progressing through the winter season, which is critical for maintaining the "Spring 2026" resource target.
  • Grade-Thickness (GT) Consistency: Results continue to show an average GT well above the Wyoming industry standard of 0.2, providing confidence in the project's potential for In-Situ Recovery (ISR) mining.
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Company Overview

Noble Plains Uranium is a junior explorer focused on "brownfield" uranium assets in Wyoming, USA. Its flagship is the Duck Creek Project in the Powder River Basin. The project is characterized by shallow, sandstone-hosted roll-front mineralization amenable to ISR mining. Duck Creek is surrounded by major producers, including Cameco and Uranium Energy Corp (UEC). The project benefits from over 4,000 historical drill holes, allowing the company to fast-track development by focusing on confirmation and expansion rather than "blind" exploration.

Read the original news release →

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