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Noble Plains Uranium Drill Results Achieve Success Rate of 85% at Duck Creek Project in Wyoming
TMX Newsfile· 2026-01-15 13:30
Core Viewpoint - Noble Plains Uranium Corp. has announced positive drill results from its Duck Creek Project, indicating consistent uranium mineralization and a high success rate of 85% in meeting industry-standard thresholds for Wyoming ISR deposits, which enhances confidence in the project's geological model and reduces risk as it progresses towards a scalable uranium resource [2][3][6]. Drill Results - The latest drill results show a success rate of 85%, with significant intersections including hole 25-21-069, which intersected 26 feet of 0.117% eU3O8, and hole 25-21-079, which intersected 19.5 feet of 0.137% eU3O8 [3][4][5]. - The average grade of the new results is 0.069% eU3O8, which is 38% higher than the upper range of the exploration target of 0.05% eU3O8 outlined in the August 2025 Technical Report [6]. Drilling Program Overview - The Duck Creek drill program is permitted for up to 37,400 feet across approximately 150 holes, focusing on three key objectives: confirming historic data, expanding shallow mineralization, and the first-ever drilling of the Fort Union Formation [8][9][10]. - The program aims to verify 1,317 historic intercepts and extend mineralized boundaries along a 3-mile-long roll-front corridor [8][9]. Future Outlook - With more than half of the planned drilling completed, the company is well-positioned to continue building confidence and scale, aiming for its first NI 43-101 compliant uranium resource later in the spring [14].
Myriad Enters into Agreements for Investor Relations Services
Newsfile· 2025-07-21 11:30
Core Insights - Myriad Uranium Corp. has entered into three service agreements for investor relations services, enhancing its strategic communication and visibility in the uranium sector [1][2][3] Group 1: Service Agreements - Myriad has signed a Service Agreement with Departures Capital Inc. for strategic consulting and investor communications, effective July 16, 2025, for a one-year term, with a payment of US$25,000 (approximately C$34,500) [1] - A Service Agreement with SOMA Public Relations has been established for strategic communications services from August 1, 2025, to November 30, 2025, totaling $30,000 ($7,500 per month) [2] - Myriad has also entered into a Professional Services Agreement with HoldCo Markets Advisory Inc. for research and social media services, effective July 15, 2025, for one year, with a total payment of $39,600 ($3,300 per month) [3] Group 2: Project Developments - The CEO of Myriad highlighted the potential of the Copper Mountain Uranium Project, indicating that recent assays show significantly higher uranium grades than previously reported, suggesting the presence of more mineralization than initially thought [4] - The project has a historical investment of C$117 million (2024 dollars) in exploration and development, with over 2,000 historical boreholes drilled [4][10] - Myriad is conducting an additional ~1,500 assays to potentially upgrade existing intervals and expand the project's scale and grade [4] Group 3: Historical Estimates and Resources - Historical estimates related to the Copper Mountain Project are considered relevant but should not be relied upon as current mineral resources or reserves, as they have not been verified by a qualified person [5][6] - The nature of the mineralization at Copper Mountain presents inherent limitations in estimating resources from drill data [6][7] - A program of digitization and re-logging or re-drilling is required to verify historical estimates and establish current resources [8]