Core Insights - Noble Plains Uranium Corp. has secured an option agreement to acquire an 80% interest in the Duck Creek Project, located in Wyoming's Powder River Basin, a significant area for uranium production [1][4][10] - The Duck Creek Project spans 4,133 acres and is surrounded by major in-situ recovery (ISR) uranium operations, enhancing its strategic value [2][3] - Historical drilling data indicates a 3-mile uranium trend with 4,068 drill holes outlining a consistent, shallow roll-front uranium system [3][4] Company Overview - Noble Plains Uranium focuses on acquiring and advancing U.S.-based uranium projects that are suitable for ISR, which is recognized as a capital-efficient and environmentally responsible extraction method [14] - The company aims to rapidly delineate NI 43-101 resources and build a pipeline of ISR development opportunities [14] Project Details - The Duck Creek Project includes 78 lode mining claims and four mineral leases, with significant historical drilling conducted by Kerr-McGee Nuclear Corporation in the 1970s [3][4] - The project shows potential for both near-term development and exploration upside, particularly in the untested deeper Fort Union Formation [4] Strategic Context - Wyoming has produced over 238 million pounds of uranium since the 1950s, with the Powder River Basin being a key district for this production [9] - ISR is the dominant extraction method in the region, allowing for faster permitting and lower environmental impact, aligning with Noble Plains' strategy [9] Transaction Terms - The agreement allows Noble Plains to acquire the 80% interest over three years, with initial payments including US$250,000 and the issuance of shares [11][12] - The transaction is subject to approval by the TSX Venture Exchange [12][18]

Core Viewpoint - Snow Lake Resources Ltd. has significantly expanded its landholding at the Pine Ridge Uranium Project through a joint venture with Global Uranium and Enrichment Limited, enhancing its strategic position in the Powder River Basin, a key area for uranium production in the U.S. [1][2] Company Overview - Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian mineral exploration company listed on NASDAQ under the ticker LITM, focusing on critical minerals and clean energy projects [7]. Pine Ridge Uranium Project - The Pine Ridge Uranium Project is an advanced In-Situ Recovery (ISR) uranium project located in the southwestern Powder River Basin of Wyoming, which is recognized as the premier U.S. uranium basin [2]. - The project is strategically located near existing uranium projects held by UEC and Cameco, and approximately 15 km from Cameco's Smith Ranch Mill, which has a licensed capacity of 5.5 million pounds of U3O8 per annum [2]. Landholding Expansion - The Pine Ridge landholding has been expanded by approximately 85%, adding 937 new claims that cover around 7,045 hectares (17,408 acres) of previously unclaimed Federal mineral parcels [5]. - The total landholding for Pine Ridge now amounts to approximately 15,130 hectares (37,387 acres) [5]. Geological Potential - Historical drilling and recent geological modeling indicate strong potential for further uranium mineralization in the area, with updated modeling suggesting an increase in prospective strike length from approximately 225 km to nearly 435 km [3].