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Noble Plains Uranium Announces Strategic Letter of Intent with Ur-Energy for Potential Processing of Shirley Central Uranium Production
Vancouver, British Columbia--(Newsfile Corp. - April 15, 2026) - Noble Plains Uranium Corp. (TSXV...
About this update from Noble Plains Uranium Corp
[{"type":"text","content":"Noble Plains Uranium Announces Strategic Letter of Intent with Ur-Energy for Potential Processing of Shirley Central Uranium ProductionVancouver, British Columbia--(Newsfile Corp. - April 15, 2026) - Noble Plains Uranium Corp. (TSXV: NOBL) (OTCQB: NBLXF) (FSE: INE0) (\"Noble Plains\" or the \"Company\") a U.S. focused uranium exploration and development company, is pleased to announce that it has entered into a non-binding Letter of Intent (\"LOI\") with Ur-Energy Inc. (TSX: URE) (NYSE: URG) (\"Ur-Energy\") outlining a framework for potential future processing of uranium-bearing solutions from Noble Plains' Shirley Central Project in Wyoming.The LOI reflects the parties' mutual interest in evaluating a future definitive processing agreement whereby uranium production solutions from prospective in-situ recovery (\"ISR\") mine units developed at Shirley Central could be processed at Ur-Energy's nearby Shirley Basin ISR production facility, which is advancing toward first production.\"This LOI represents a meaningful step forward in our strategy to rapidly de-risk and advance Shirley Central. We are in the process of having Geomorphic AI digitize and model the extensive historical dataset, with the objective of converting historical mineralization into compliant pounds as efficiently as possible,\" said Drew Zimmerman, CEO of Noble Plains Uranium. \"Having Ur-Energy not only as a strategic neighbour, but also as a shareholder and now a potential processing partner, sends a strong signal to the market. It reinforces our view that Shirley Central is a compelling near-term development opportunity in Wyoming's ISR uranium sector.\"This announcement builds directly on Noble Plains' acquisition of a large historical dataset comprising 1,211 drill holes at Shirley Central from Ur-Energy, a transaction that resulted in Ur-Energy becoming a shareholder of Noble Plains and further aligned the interests of both companies in advancing the project.\"We know the Shirley Basin extremely well and are advancing our own project toward its first production milestone. Noble Plains controls ground directly adjacent to our operations, and we believe it makes sense to explore collaborative opportunities as their project advances,\" said Matt Gili, CEO of Ur-Energy. \"This non-binding LOI reflects our openness to a potential working relationship with Nobl...