Noble Plains Uranium Completes Transformational Duck Creek Drill Program as Project Advances Toward First Compliant Resource
Noble plcNoble plc(US:NE) TMX Newsfile·2026-02-12 13:00

Core Insights - Noble Plains Uranium Corp. has successfully completed a 148-hole, 30,825-foot drill program at its Duck Creek Project, yielding strong results that exceed expectations and confirming the project's potential for significant uranium resources [1][2][4]. Drill Program Highlights - The drill program achieved a 90% hit rate, with 90.12% of holes intersecting uranium mineralization at or above the 0.02% eU₃O₈ cut-off grade [2][3]. - Notable drill results include Hole 25-16-140, which returned 17.5 feet of 0.235% eU₃O₈, and Hole 25-28-143, which intersected 9.0 feet of 0.228% eU₃O₈, with high-grade intercepts indicating a continuous mineralized corridor suitable for ISR extraction [2][3][5]. Geological Significance - The consistency and reproducibility of results across the drill program support the geological model, confirming the continuity of the roll-front system and the potential for higher-grade centers [6][7]. - The northern drilling confirmed the trend continuity and supports the expansion of the project footprint, aligning with known uranium resources held by Uranium Energy Corp. [6][7]. Future Plans - The company is set to compile data and conduct geological modeling to deliver its first compliant uranium resource estimate in accordance with NI 43-101 standards this spring [11][12]. - Noble Plains is also collaborating with the University of Wyoming to test geophysical methods for identifying roll fronts at depth, enhancing future exploration efficiency [10][12]. Strategic Positioning - Duck Creek is central to the company's strategy of building a growing inventory of U.S. uranium pounds in proven production districts, positioning it to benefit from a strengthening uranium price environment and increasing government support for domestic critical mineral supply [12][16].