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Noble Plains Uranium Delivers Highest-Grade Intercept to Date as Duck Creek Drilling Continues to Confirm Continuity
TMX Newsfile· 2026-01-22 14:00
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]
Terra Clean Provides Corporate Update
Thenewswire· 2025-11-07 12:30
Core Viewpoint - Terra Clean Energy Corp. is preparing for its annual general meeting on December 8, 2025, where shareholders will vote on the re-election of current directors and the election of two new directors [1][2]. Company Developments - The company will re-elect current directors Greg Cameron, Alex Klenman, and Tony Wonnacott, and elect Michael Gabbani and Brian Polla as new directors [1]. - CEO Greg Cameron expressed enthusiasm for the new board members, highlighting Gabbani's extensive experience in the nuclear industry and Polla's entrepreneurial background [2]. New Board Members - Michael Gabbani has over 30 years of experience in the nuclear energy sector, having worked with Atomic Energy of Canada Limited and GE Hitachi Energy, and has been an advocate for the Canadian nuclear industry [3]. - Brian Polla brings over 25 years of experience in manufacturing and business development, with a track record of leading successful ventures and expertise in metal fabrication and process optimization [4]. Financial Clarifications - The company clarified details regarding a recent non-brokered private placement, disclosing finders' fees totaling C$148,868.01 and 848,783 non-transferrable finder warrants at an exercise price of C$0.14 per share for 36 months [5]. Company Overview - Terra Clean Energy Corp. is focused on uranium exploration and development, currently working on the South Falcon East uranium project, which has an inferred resource of 6.96 million pounds of uranium [6].