Strong Thickness And Grade Results From Drilling At Duck Creek Project

VANCOUVER – Noble Plains Uranium Corp. reported strong thickness and grade results demonstrating a >87% success hit ratio from the initial eight drill holes completed at its flagship Duck Creek Project in Wyoming’s Powder River Basin.
“These first holes represent the initial results from a planned 150-hole program and have exceeded expectations,” stated Paul Cowley, Chief Operating Officer. “Seven of the first eight holes intersected uranium mineralisation averaging five times above the industry standard Grade-Thickness (“GT”) cut-off of 0.2 typically used in Wyoming roll front uranium deposits with an average GT of 1.0. GT is a simple calculation of thickness times grade. Average thickness of intercepts in these first 7 of 8 holes is 17.6 feet at an average grade of 0.057% eU3O8. These early results set a positive tone and are strong building blocks for evaluating and quantifying the 3-mile-long uranium trend at Duck Creek.”
The Company notes that the first seven mineralised holes returned an average GT of 1.0, approximately 67% higher than the 0.598 GT used in the upper range of the Technical Report. While only eight holes have been completed so far, these early results are materially stronger than the assumptions used in the project’s original valuation.