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Noble Plains Uranium Closes on Duck Creek Project in the Heart of Powder River Basin
Exploration Target Range Supported by New NI 43-101 Technical Report Vancouver, British Columbia...
About this update from Noble Plains Uranium Corp
[{"type":"text","content":"Noble Plains Uranium Closes on Duck Creek Project in the Heart of Powder River BasinExploration Target Range Supported by New NI 43-101 Technical ReportVancouver, British Columbia--(Newsfile Corp. - August 14, 2025) - Noble Plains Uranium Corp. (TSXV: NOBL) (OTCQB: NBLXF) (FSE: INE0) (\"Noble Plains\" or the \"Company\") is pleased to announce that it has closed on the property option agreement to acquire an 80% interest in the Duck Creek Project (\"Duck Creek Property\", \"Duck Creek\", the \"Project\", or the \"Property\"), a strategically located brownfield uranium asset in Wyoming's highly productive Powder River Basin (the \"PRB\").The option closing coincides with a newly completed National Instrument 43-101 (\"NI 43-101\") technical report prepared for UNXE238 Corp. (the \"Optionor\") by independent firm Western Water Consultants, Inc d/b/a WWC Engineering of Sheridan, Wyoming (\"WWC\"). The report highlights an Exploration Target of between 2.37 million tons at 0.03% U₃O₈ and 5.45 million tons at a grade of 0.05% U₃O₈ based on historical drilling. The potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource. \"This is a further example of our team executing on its strategy to identify high-quality brownfield assets in the best U.S. uranium districts, use strong historic data to accelerate de-risking, and advance them quickly toward compliant resources,\" said Drew Zimmerman, President of Noble Plains Uranium. \"With Duck Creek now secured along with a new NI 43-101, we are positioned to rapidly deliver meaningful pounds in the ground, building real leverage for our shareholders as the uranium market continues to strengthen.\"Duck Creek Project HighlightsScale & Location: 4,133 acres (6.5 sq. mi.) of mineral rights, surrounded by major uranium projects and production facilities owned by Cameco, Uranium Energy Corp., Global Uranium and Enrichment, and GTI Energy,Extensive Historical Work: Over 4,000 drill holes, including a 3-mile trend of shallow roll-front uranium mineralization,Historic Drill Intercepts: include 8.9 feet grading 0.75% U₃O₈ and 13.9 feet of 0.47% U₃O₈,Historic Prod...