Noble Plains Uranium Advances Drill Permitting on Duck Creek Project at the Core of Powder River Basin Uranium District
Noble Plains Uranium (OTCQB:NBLXF) has submitted a permit application for a 198-hole drill program at its Duck Creek Project in Wyoming's Powder River Basin. The project's NI 43-101 Technical Report defines an Exploration Target of 2.37-5.45 million tons at grades between 0.03-0.05% U3O8.
The program includes 174 holes (88%) aimed at expanding the mineral outline, while 24 holes (12%) will verify 1,317 historical intercepts. The company plans to focus on shallow mineralization in the Wasatch Formation, with deeper Fort Union Formation exploration planned for later. Noble Plains aims to establish an initial NI 43-101 compliant resource by first half of 2025.
Noble Plains Uranium (OTCQB:NBLXF) ha presentato una richiesta di permesso per un programma di perforazione di 198 fori presso il progetto Duck Creek nella Powder River Basin del Wyoming. Il rapporto tecnico NI 43-101 del progetto definisce un Obiettivo di Esplorazione di 2,37-5,45 milioni di tonnellate con tenori compresi tra 0,03-0,05% U3O8.
Il programma prevede 174 fori (88%) destinati ad ampliare il contorno minerale, mentre 24 fori (12%) serviranno a verificare 1.317 intercetti storici. La società intende concentrarsi sulla mineralizzazione superficiale nella Formazione Wasatch, rimandando a una fase successiva le esplorazioni più profonde nella Formazione Fort Union. Noble Plains punta a definire una risorsa conforme a NI 43-101 entro la prima metà del 2025.
Noble Plains Uranium (OTCQB:NBLXF) ha presentado una solicitud de permiso para un programa de perforación de 198 pozos en su proyecto Duck Creek en la cuenca Powder River de Wyoming. El Informe Técnico NI 43-101 del proyecto define un Objetivo de Exploración de 2,37-5,45 millones de toneladas con leyes entre 0,03-0,05% U3O8.
El programa incluye 174 pozos (88%) destinados a ampliar el contorno del yacimiento, mientras que 24 pozos (12%) verificarán 1.317 intercepciones históricas. La compañía planea centrarse en la mineralización somera de la Formación Wasatch, dejando la exploración más profunda en la Formación Fort Union para etapas posteriores. Noble Plains pretende establecer un recurso inicial conforme a NI 43-101 en la primera mitad de 2025.
Noble Plains Uranium (OTCQB:NBLXF)� 와이오� 파우더리� 분지� Duck Creek 프로젝트에서 198� 홀 시추 프로그램� 대� 허가 신청� 제출했습니다. 프로젝트� NI 43-101 기술보고서는 등급� 0.03-0.05% U3O8� 2.37�5.45백만 톤의 탐사 목표� 규정하고 있습니다.
프로그램은 광물 윤곽� 확대하기 위한 174� 홀(88%)� 1,317개의 과거 교란(intercept)� 확인하기 위한 24� 홀(12%)� 포함합니�. 회사� 와새치(Wasatch) 층의 얕은 광화대� 중점� 두고, 심부� 포트유니�(Fort Union) � 탐사� 추후� 진행� 계획입니�. Noble Plains� 2025� 상반�까지 NI 43-101 기준� 초기 자원 산정� 목표� 하고 있습니다.
Noble Plains Uranium (OTCQB:NBLXF) a déposé une demande de permis pour un programme de forage de 198 trous sur son projet Duck Creek dans le bassin de la Powder River, Wyoming. Le rapport technique NI 43-101 du projet définit une cible d'exploration de 2,37�5,45 millions de tonnes avec des teneurs comprises entre 0,03�0,05% U3O8.
Le programme comprend 174 trous (88%) visant à étendre le contour minéral, tandis que 24 trous (12%) permettront de vérifier 1 317 intersections historiques. La société prévoit de se concentrer sur la minéralisation superficielle de la formation Wasatch, l'exploration plus profonde de la formation Fort Union étant prévue ultérieurement. Noble Plains vise à établir une ressource initiale conforme à la NI 43-101 d'ici la première moitié de 2025.
Noble Plains Uranium (OTCQB:NBLXF) hat einen Genehmigungsantrag für ein Bohrprogramm mit 198 Löchern auf seinem Duck Creek-Projekt im Powder River Basin, Wyoming, eingereicht. Der NI 43-101-Bericht des Projekts definiert ein Explorationsziel von 2,37�5,45 Millionen Tonnen mit Gehalten zwischen 0,03�0,05% U3O8.
Das Programm sieht 174 Löcher (88%) zur Erweiterung des Mineralumrisses vor, während 24 Löcher (12%) dazu dienen, 1.317 historische Schnitte zu verifizieren. Das Unternehmen will sich zunächst auf seichte Mineralisierung in der Wasatch-Formation konzentrieren; tiefere Untersuchungen in der Fort Union-Formation sind für später geplant. Noble Plains strebt an, bis zur ersten Hälfte 2025 eine NI 43-101-konforme Erstressource zu erstellen.
- Strategic location in Wyoming's prolific Powder River Basin uranium hub
- Extensive historical data with 1,317 existing intercepts reduces exploration costs
- 88% of drill program focused on expansion rather than verification
- Potential for significant resource growth beyond current Exploration Target
- Exploration Target is conceptual with no defined mineral resource yet
- Uncertainty in converting historical data to compliant resource
- Drill permits still pending approval
- Deeper mineralization in Fort Union Formation remains unexplored
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2025) - Noble Plains Uranium Corp. (TSXV: NOBL) (OTCQB: NBLXF) (FSE: INE0) ("Noble Plains" or the "Company") is pleased to announce that it has submitted a drill permit application for a 198-hole program on the recently optioned Duck Creek Project. The submission comes shortly after closing the acquisition, underscoring the Company's desire to efficiently advance high-potential projects in premier U.S. uranium districts.
Located in the heart of Wyoming's Powder River Basin, a prolific and infrastructure-ready uranium hub, the Duck Creek Project is surrounded by major deposits and production facilities operated by Cameco Corporation, Uranium Energy Corp., and GTI Energy Limited.
"Submitting permits this promptly after acquisition is a clear reflection of our strategy at Noble Plains: acquire, advance, and build pounds in the ground efficiently," said Drew Zimmerman, President of Noble Plains Uranium. "Duck Creek is becoming an integral part of our vision of becoming a leading growth story in U.S. uranium, and we are executing with the urgency this market needs and our shareholders deserve."
Eighty-eight percent (174 holes) of the planned drill program is designed to expand the "mineral outline" used in the newly completed NI 43-101 Technical Report, which defined an Exploration Target. Only
The newly completed NI 43-101 Duck Creek Technical Report defined an Exploration Target of 2.37 million tons at
"The upside here is compelling," added Paul Cowley, CEO of Noble Plains Uranium. "With a small number of confirmation holes, we can validate the historic drilling, while the bulk of the program is strategically designed to expand the mineralized footprint. The opportunity is not just to confirm what's already outlined, but to potentially move beyond the upper limits of the Exploration Target toward a larger, more meaningful uranium project in the one of the most prolific basins in Wyoming."
Drilling is expected to commence shortly after permits are received. The results of the program will support the Company's goal of advancing Duck Creek to an initial NI 43-101 compliant resource in the first half of 2025.
Figure 1: 3-mile-long trend of high-density historic drilling and historic production areas
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On Behalf of the Board of Directors,
"Paul Cowley", CEO
"Drew Zimmerman", President
For further information, please contact: Drew Zimmerman: (778) 686-0973
Website:
Bradley Parkes, P.Geo., VP Exploration and Director of Noble Plains Uranium Corp., is the Qualified Person as defined in National Instrument 43-101, who has read and approved the technical content of this news release.
This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at . Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.
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