Noble Plains Uranium Delivers Highest-Grade Intercept to Date as Duck Creek Drilling Continues to Confirm Continuity

Core Insights - Noble Plains Uranium Corp. has announced significant results from its drilling program at the Duck Creek Project, including the highest-grade uranium intercept recorded to date, indicating strong mineralization across the roll-front system [1][2][3] Drilling Results - The standout result from the drilling program was from hole 25-21-096, which intersected 35.5 feet of 0.202% eU₃O₈, with a high-grade core of 4.0 feet at 0.501% eU₃O₈ [2] - Other notable results include hole 25-21-095 with 26.5 feet of 0.083% eU₃O₈ and hole 25-21-089 with 25.0 feet of 0.069% eU₃O₈ [2] - The overall success rate of the drilling program is 80%, aligning closely with the company's geological model and industry standards for ISR-amenable deposits [3] Company Strategy and Outlook - The company aims to convert drill results into a meaningful uranium resource, with plans to deliver its first NI 43-101 compliant resource later this spring [7][9] - Noble Plains is focused on building a growing inventory of U.S.-based uranium pounds in known production areas, benefiting from a strengthening uranium price environment [9] Drilling Program Overview - The Duck Creek drill program is permitted for up to 37,400 feet across approximately 150 holes, with three key objectives: confirmation of historic data, expansion of shallow mineralization, and first-ever drilling of the Fort Union Formation [10][11][12] - The exploration target outlined in a Technical Report ranges from 2.37 million tons at 0.03% U₃O₈ to 5.45 million tons at 0.05% U₃O₈, based on historical data [13] Technical Aspects - The drilling is conducted using a truck-mounted mud-rotary rig, with geophysical logging performed by Hawkins CBM Logging [15] - The reported uranium grades are based on equivalent uranium (eU₃O₈) from gamma-ray probes, with thickness and grade cutoffs applied [14]