Noble Plains Uranium Delivers Another Strong Set of Drill Results at Duck Creek Project in Wyoming
Noble Plains Drills On as Uranium Grade-Thickness Trends Lower at Duck Creek
On December 16, 2025, Noble Plains Uranium announced its third set of drill results from the Duck Creek Project in Wyoming. The release covers results for 15 additional holes (up to hole #42 of the program), all of which intersected uranium mineralization. The Grade-Thickness (GT) for these intercepts ranged from 0.25 to 1.40, with an average of 0.59. Management expressed increased confidence in the mineralization and the continuity of the roll-front system, which has now been tested over a 900-meter strike length. The company notes it has completed less than one-third of its planned drill program.
This news is a routine update on an ongoing drill program. While positive in that the company continues to successfully intersect uranium mineralization above industry-standard cutoffs (0.2 GT), the results show a declining trend in the average grade-thickness.
- Batch 1 (Dec 1): 8 holes, average GT of 1.0.
- Batch 2 (Dec 9): 16 holes, average GT of 0.69.
- Batch 3 (Dec 16): 15 holes, average GT of 0.59.
The trend is clearly negative (1.0 -> 0.69 -> 0.59). While management states "each new batch of drill results is increasing our confidence," the data suggests the best intercepts may have been in the initial batch. The results confirm the geological model and continuity, which is a positive de-risking event. However, the weakening GT values temper the excitement from the initial high-grade results.
The market will likely interpret this as a mixed update. The project is advancing as planned, but the economic potential may be slightly less robust than earlier results suggested. This release confirms the presence of uranium but does not materially change the investment thesis or suggest a significant re-rating is imminent. It maintains the status quo of a "show-me" story that requires more drilling to prove its ultimate scale and grade.
Noble Plains Uranium Corp. is a junior exploration company focused on advancing ISR-amenable uranium projects in Wyoming, USA. The company's strategy is to acquire and develop "brownfield" assets with significant historical exploration data to fast-track them toward NI 43-101 compliant resources.
The flagship asset is the Duck Creek Project in the Powder River Basin, where the company is earning an 80% interest. Duck Creek is a 4,133-acre property with over 4,000 historical drill holes completed by Kerr-McGee in the 1970s. The company is currently executing a ~150-hole, 11,400-meter drill program to confirm historical data, expand known mineralization, and test deeper targets, with the goal of producing a maiden resource estimate in H1 2026.
The company also holds the Shirley Central and Shirley East projects in Wyoming's Shirley Basin.