Noble Plains Uranium Corp Stock Price, News & Analysis

Noble Plains Uranium (OTCQB: NBLXF) has finalized the acquisition of an 80% interest in the Duck Creek Project, a strategic uranium asset in Wyoming's Powder River Basin. A new NI 43-101 technical report highlights an Exploration Target of 2.37-5.45 million tons at grades between 0.03-0.05% U₃O₈.

The 4,133-acre project features over 4,000 historical drill holes and notable intercepts including 8.9 feet grading 0.75% U₃O₈. The property is strategically located among major uranium projects owned by Cameco, Uranium Energy Corp., and GTI Energy. The transaction involved issuing 1,250,000 common shares and paying US$250,000 to UNXE238 Corp.

[ "Extensive historical database with over 4,000 drill holes and proven mineralization", "Strategic location surrounded by major uranium producers in a proven production hub", "High-grade historical drill intercepts up to 0.75% U₃O₈", "Significant exploration upside in untested deeper Fort Union Formation", "Project suitable for ISR mining, which allows faster permitting and lower costs" ]

Noble Plains Uranium (OTCQB: NBLXF) has secured a drill permit for a 22-hole confirmation drill program at its Shirley Central Project in Wyoming's Shirley Basin, just two months after acquiring the property option. The program will test six target zones to confirm historical mineralization and expedite development of an initial 43-101 resource estimate.

The project is strategically located between two major U.S. uranium developers: Ur-Energy and Uranium Energy Corp (UEC). The adjacent Ur-Energy Shirley Basin Project contains 8.816 million pounds U₃O₈ at 0.23% grade and is under construction. The Shirley Basin has historically produced over 52 million pounds of U₃O₈ at 0.22% average grade between 1960-1992. Drilling mobilization is expected in mid-September 2025.

Noble Plains Uranium (OTCQB: NBLXF) has expanded its Shirley East Project in Wyoming's Shirley Basin through the staking of 16 new mineral claims covering 320 acres. The newly staked claims are strategically positioned adjacent to Uranium Energy Corp (UEC) properties and are supported by historical data showing over 174 drillholes from the 1980s indicating zones of higher uranium mineralization.

The expansion strengthens Noble Plains' position in the Shirley Basin, which historically produced over 51 million pounds of uranium between 1960 and 1992. The company's holdings now include both Shirley Central and the expanded Shirley East project, with field programs and permitting in progress for planned drilling in 2025.

Noble Plains Uranium (OTCQB: NBLXF) has announced the appointment of Galina Meleger as Director, bringing nearly 20 years of mining sector experience to the board. Meleger, currently VP of Investor Relations at Skeena Gold & Silver, has held senior IR roles at several major mining companies and is a recipient of CIRI's Belle Mulligan Award.

The company has granted Meleger 200,000 stock options exercisable at $0.13 per share until July 4, 2030, subject to a four-month hold period. Additionally, Noble Plains has engaged Triple Bull Consulting for marketing services at $20,000 for four months, with monthly extensions available at $5,000. The appointment follows Brian Doherty's resignation as Director.

Noble Plains Uranium (OTCQB: NBLXF) has submitted a drill permit application for a 15-hole program at its Shirley Central Property in Wyoming's Shirley Basin. The property is strategically positioned between major uranium developers Ur-Energy and Uranium Energy Corp. The company aims to leverage historical drilling data from five high-density zones to accelerate resource definition.

The Shirley Basin has historically produced over 52 million pounds of U₃O₈ at an average grade of 0.22%. Noble Plains plans to commence drilling by the end of Q3 2025, focusing on in-situ recovery (ISR) methods. The project benefits from Wyoming's streamlined permitting environment and regulatory support for ISR operations.