Noble Plains Uranium Files NI 43-101 Technical Report on Maiden Resource at Duck Creek, Wyoming
Original announcement by tmx on
- Company
- Noble Plains Uranium Corp.
- Ticker
- NOBL
- Exchange
- TSX
- Region
- Wyoming
- Primary commodity
- Uranium
- Secondary commodities
- None reported
- Document categories
- Resource update
- Extracted
- 2026-09-14 14:44:53 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Noble Plains Uranium has filed a NI 43-101 Technical Report confirming a maiden uranium resource at the Duck Creek Project in Wyoming. The resource includes 4.29 Mt at 0.062% U3O8 in the Indicated category and 0.84 Mt at 0.09% U3O8 in the Inferred category, both exceeding previous exploration targets.
Reasoning: The filing of a maiden NI 43-101 technical report establishing a uranium resource that outperforms previous conceptual targets is a major de-risking milestone.
Positive factors
- Maiden resource establishment
- Exceeded prior exploration target on grade and GT
- Significant undrilled strike potential
- Proximity to major players (Cameco, UEC)
Negative factors
- Resource is primarily Inferred/Indicated with no proven/probable reserves yet
Facts used in scoring: 2
Classification and evidence
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.
Why it applies: The report confirms the maiden mineral resource estimate at the Duck Creek Uranium Project.
Evidence · text
“underpinning its maiden mineral resource estimate at the Duck Creek Uranium Project”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The company filed a NI 43-101 Technical Report.
Evidence · text
“Noble Plains Uranium Files NI 43-101 Technical Report”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Christopher McDowell, P.G. is named as the Qualified Person who approved the report.
Evidence · text
“authored by independent Qualified Person Christopher McDowell, P.G.”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Resource Estimates (2)
indicatedDuck Creek Uranium Project · uraniumTonnes: 4290000Grade: 0.062Grade Unit: % U3O8Contained Metal: 5.32Contained Unit: million poundsView all detailsHide details
Identity
- Project
- Duck Creek Uranium Project
- Commodity
- uranium
- Region
- wyoming
- Reported Region
- Wyoming
- Ticker
- NOBL
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Christopher McDowell
- Resource group id
- resource:40e9a4357e3682a60d81
- Deposit or zone
- Duck Creek
Resource Data
- Category
- indicated
- Tonnes
- 4290000
- Grade
- 0.062
- Grade Unit
- % U3O8
- Contained Metal
- 5.32
- Contained Unit
- million pounds
- Cutoff Grade
- 0.02
- Cutoff Unit
- % eU3O8
Prior Estimate
- Resource Date
- 2026-02-12
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Strong maiden indicated resource that exceeds prior targets.
Positive factors
- Indicated category provides higher geological confidence
Evidence · text
“4,290,000 tons in the Indicated Category grading 0.062 %U3O8 for 5.32 million pounds”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredDuck Creek Uranium Project · uraniumTonnes: 839000Grade: 0.09Grade Unit: % U3O8Contained Metal: 1.04Contained Unit: million poundsView all detailsHide details
Identity
- Project
- Duck Creek Uranium Project
- Commodity
- uranium
- Region
- wyoming
- Reported Region
- Wyoming
- Ticker
- NOBL
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Christopher McDowell
- Resource group id
- resource:e67e81ca5be9f16a7aff
- Deposit or zone
- Duck Creek
Resource Data
- Category
- inferred
- Tonnes
- 839000
- Grade
- 0.09
- Grade Unit
- % U3O8
- Contained Metal
- 1.04
- Contained Unit
- million pounds
- Cutoff Grade
- 0.02
- Cutoff Unit
- % eU3O8
Prior Estimate
- Resource Date
- 2026-02-12
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-06-04T00:00:00.000Z
Reasoning: Standard maiden inferred component supporting the resource.
Positive factors
- Higher grade than indicated portion
Negative factors
- Inferred category carries higher geological risk
Evidence · text
“839,000 tons in the Inferred Category grading 0.09% U3O8 for 1.04 million pounds”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.