Noble Plains Uranium Secures Strategic Ground in Heart of Shirley Basin Uranium District

Core Viewpoint - Noble Plains Uranium Corp. has secured an option to acquire a 100% interest in the Shirley Central Property, a strategic mineral claim in Wyoming's Shirley Basin, a historically productive uranium district in the U.S. [1][3] Company Summary - The acquisition aligns with the company's strategy to target geological projects in premier U.S. uranium jurisdictions, focusing on brownfield assets with proven potential and strong in-situ recovery (ISR) amenability [3][10] - The Shirley Central Property consists of 30 mineral claims, expanding the company's footprint in the Shirley Basin to a total of 101 unpatented mineral claims covering 8.44 km² (3.26 mi²) [7] - The company plans to fast-track permitting to begin drilling on identified high-confidence targets by late summer 2025 [6][7] Industry Summary - Wyoming is the leading uranium-producing state in the U.S., hosting the largest ore reserves, with the Shirley Basin having produced over 52 million pounds of U₃O₈ from 1960 to 1992 at an average grade of 0.22% U₃O₈ [9] - The Shirley Basin is characterized by a well-understood geological framework and a history of productive uranium mining, making it an attractive area for future exploration [7][9] - ISR is now the dominant method of uranium production in Wyoming, offering lower capital and operating costs, minimal surface disturbance, and aligning with environmentally responsible development [10]