01 / 04
Acquire
Historical drill data secured at a fraction of what it would cost to drill today.
4,000+ historical holes at Duck Creek
TSXV: NOBL · OTCQB: NBLXF · FSE: INE0
Converting Historical Drilling Into Compliant U.S. Uranium Pounds
Noble Plains Uranium is building a U.S. uranium inventory in states with active or developing central processing plants and favourable regulation. Its foundation is a 6.36 million pound NI 43-101 resource at Duck Creek, Wyoming, with a stated company objective of growing its total resources to +20 million pounds.
6.36 Mlb
U₃O₈ NI 43-101 resource at Duck Creek¹
8 Months
From acquisition close to maiden resource
~90%
Hit rate across 148 holes at Duck Creek
7 of 7
Confirmation holes intersected uranium at Shirley Central
6 Plants
Licensed Wyoming processing plants within ~190 road miles²
Project overview Duck Creek and Shirley Central, Wyoming
Historical gamma log · digitizing148 holes · 30,825 ft
Duck Creek · Converse County, WYConversion: 8 months
¹ 5.32 Mlb Indicated and 1.04 Mlb Inferred, effective February 12, 2026. ² Company estimate based on road routing. See Disclaimers.
01 · Objective
The Path to 20 Million Pounds
In the leading U.S. ISR districts, uranium is produced on a hub-and-spoke model, with satellite wellfields feeding central processing plants. Noble Plains targets projects in favourable U.S. states within trucking distance of active or developing central processing plants, and is building toward 20 million pounds of compliant U₃O₈, the scale at which the Company could evaluate a central processing plant of its own.
Along the way, pounds located near licensed plants could serve as feed for existing operators. In Wyoming alone, combined licensed capacity of approximately 20 million pounds per year far exceeds current U.S. production.
Our Strategy20 million pounds is a corporate objective, not a forecast or estimate of mineral resources. There is no certainty it will be achieved.
Compliant U₃O₈ resourcesMlb
05101520
6.36
20
Objective
+13.6
Today
Duck Creek NI 43-101
Objective
+13.6 Mlb to add
PathwaysDuck Creek strikeFort Union depthShirley CentralNew projects
02 · Track Record
Small Company, Outsized Pound Growth
New compliant uranium pounds added in the U.S. by North America-listed companies through their own drilling or conversion of historical data, not acquisitions. October 2021 to October 2026.
Company · project, dateNew compliant pounds · Mlb U₃O₈, M&I + InferredMarket capPounds added per C$1,000 of market cap
Anfield Energy
JD mines (2022) + Slick Rock (2026)
7.58 Mlb
C$78.3M
97 lb
Noble Plains
Duck Creek maiden resource (2026)
6.36 Mlb
C$5.8M
Smallest
1,091 lb
enCore Energy
South Texas (2025)
3.84 Mlb
C$192M
20 lb
Uranium Energy Corp
Burke Hollow (2024)
3.83 Mlb
C$5.5B
0.7 lb
Premier American
Cebolleta update (2025)
3.8 Mlb
C$30.6M
124 lb
Ur-Energy
Lost Creek (2026)
3.55 Mlb
C$451M
7.9 lb
Nexus Uranium
Chord maiden resource (2024)
2.75 Mlb
C$9.9M
276 lb
20 of 27North America-listed peers with U.S. assets added no new compliant pounds in five years.
1,091 lbper C$1,000 of market cap for Noble, 3.9× the next company.
New pounds = increase in current NI 43-101 / S-K 1300 M&I + Inferred resources from the company’s own drilling or conversion of historical data, Oct 2021 to Oct 2026; acquired resources and restated estimates excluded. Market caps at close 22–24 Oct 2026; US$ at USD/CAD 1.4004. Peer set: 27 North America-listed companies with U.S. uranium assets. Peer figures are from public disclosure and have not been verified by the Company’s Qualified Person.
03 · Model
A Repeatable Conversion Model
Decades of historical uranium drilling across the United States sit in archives, much of it never brought up to modern standards. Noble Plains acquires that data at a fraction of its replacement cost and converts it into independently estimated NI 43-101 resources.
02 / 04
Digitize
Scanned gamma logs converted into modern 3D models using AI-driven tools.
341 qualifying intercepts at Shirley Central03 / 04
Confirm
Targeted drilling verifies historical results in the field.
~90% hit rate across 148 holes
04 / 04
Convert
NI 43-101 resource estimates prepared by an independent Qualified Person.
6.36 Mlb, 8 months after closingUS$22M+
The historical drilling behind the Company's two projects would cost more than US$22 million to replicate at today's prices, by the Company's estimate.
Compliant Pounds Are the Dividing Line
Historical estimates cannot be treated as current mineral resources under NI 43-101 until verified and re-estimated by a Qualified Person. Noble Plains has completed that conversion once and is advancing it a second time.
04 · Projects
Two Advancing ISR Projects
Two advancing projects in two of Wyoming’s most productive uranium districts, each following the same path from historical data to compliant pounds.
Adjoins Cameco’s Smith Ranch-HighlandOption to earn up to 80%
Flagship
Duck Creek · Converse County, Powder River Basin
A 6.36 Million Pound Resource With Most of Its Growth Still Ahead
Duck Creek sits in the most prolific area of Wyoming’s Powder River Basin, between Cameco’s Smith Ranch-Highland operation, the largest licensed uranium production facility in the United States, and Uranium Energy Corp.’s Barge project. Noble Plains delivered a maiden NI 43-101 resource eight months after closing the acquisition.
| Classification | Tons | Grade % U₃O₈ | Avg GT | Mlb U₃O₈ |
|---|---|---|---|---|
| Indicated | 4,290,000 | 0.06 | 0.78 | 5.32 |
| Inferred | 839,000 | 0.09 | 1.16 | 1.04 |
| Total | 6.36 |
Along strike
The resource covers ~2.5 miles of the 5.25 mile trend. The remaining 2.75 miles carry historical Kerr-McGee drilling, aligned historical open pits and a defined Exploration Target.
At depth
All current pounds sit in the Wasatch. The deeper Fort Union hosts the neighbouring deposits but has never been properly drill-tested here. A 2026 IP survey identified a potential redox front.
NI 43-101 Technical ReportEffective February 12, 2026 · WWC Engineering
Shirley Central · Shirley Basin, Carbon County
A Producer Next Door and in Our Corner
Shirley Central’s 30 claims, covering 665 acres, share a boundary with Ur-Energy’s Shirley Basin ISR Project, which commenced operations in April 2026.
01 · AcquireDec 2025
1,211 historical holes acquired from an Ur-Energy subsidiary, making Ur-Energy a shareholder.
02 · DigitizeJul 2026
Geomorphic AI identified 341 qualifying intercepts averaging 0.055% eU₃O₈ over 13.7 ft.
03 · ConfirmAug 2026
7 of 7 holes hit uranium, incl. 12 ft of 0.142% eU₃O₈ with 2 ft of 0.389%.
04 · AlignApr 2026
Non-binding LOI contemplating processing of future production at Ur-Energy’s facilities.
Ur-Energy:ShareholderNeighbourPotential processing partner
Shirley Central does not yet have a mineral resource. The LOI is non-binding, and there is no assurance a definitive agreement will be reached. eU₃O₈ is equivalent grade from downhole gamma probing and may differ from chemical assay results. Mineralization on adjacent properties is not necessarily indicative of mineralization on Shirley Central.
7 of 7
confirmation holes intersected uranium
Option to earn up to 100%
Duck Creek resource effective February 12, 2026, prepared by Christopher McDowell, P.G., of WWC Engineering, an independent Qualified Person, using a 0.20 GT cut-off. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The Exploration Target is conceptual in nature; there has been insufficient exploration to define a mineral resource, and it is uncertain whether further exploration will result in the target being delineated as a mineral resource. IP anomalies are interpretive and do not necessarily indicate uranium mineralization. See Disclaimers.
05 · Location
Built for Hub-and-Spoke
Noble Plains focuses on projects within trucking distance of active or developing central processing plants. Duck Creek shows the model: all six licensed uranium processing facilities in Wyoming lie within approximately 190 road miles of the project, and the nearest, Cameco's Smith Ranch-Highland, adjoins it.
WellfieldResinTruckCentral processing plantFacilityRoad mi from Duck Creek
Smith Ranch-Highland CamecoAdjoins
Shirley Basin Ur-Energy, satellite~125
Nichols Ranch Energy Fuels~130
Irigaray UEC~145
Lance (Ross CPP) Peninsula~175
Lost Creek Ur-Energy~175
Sweetwater UEC, mill~190
Wyoming’s six licensed facilities, owned by five companies, have combined licensed capacity of ~20 Mlb U₃O₈ per year. Ur-Energy already trucks loaded resin ~135 road miles from Shirley Basin to Lost Creek. Road distances are Company estimates from OpenStreetMap-based routing; actual haul routes may differ. Licensed capacity is not a statement of available capacity.
Why Uranium
06 · Why Uranium
Fundamentals Up. Equities Down.
Uranium fundamentals strengthened through 2026 while uranium equities weakened. Management believes the gap reflects sentiment, not fundamentals.
Uranium Futures Price · UxC U₃O₈, Front MonthLive
Uranium Price by Trading EconomicsNYMEX UxC U₃O₈ futures. Quotes delayed.
Long-term contract price
US$98.00/lb
End of October 2026, the highest level in Cameco’s industry-average price series³
Spot price
US$91.55/lb
End of October 2026, up approximately 12% year to date³
>60%
Average six-month share price decline of the four largest U.S. uranium producers⁴
~2.2 Mlb
U.S. production in 2025, against reactor requirements of roughly 50 Mlb per year⁵
Produced
2.2
Required~50
Policy Tailwinds
Washington has made domestic uranium a matter of national security.May 2025
Executive orders set a goal of quadrupling U.S. nuclear capacity to 400 GW by 2050
Nov 2025
Uranium added to the U.S. Critical Minerals List
Jan 2026
Section 232 finds reliance on foreign processed critical minerals, including uranium, a national security concern
Jan 2026
U.S. Department of Energy awards US$2.7 billion to rebuild domestic enrichment
By Jan 1, 2028
Waivers allowing Russian uranium imports end
In situ recovery. ISR recovers uranium by circulating a mild solution through the host sandstone and pumping it back to surface, with no open pit and minimal surface disturbance.
³ Cameco Corporation, industry average of UxC and TradeTech month-end prices. Updated monthly. ⁴ UEC, Energy Fuels, Ur-Energy and enCore Energy, six months to October 2026. ⁵ U.S. Energy Information Administration, Domestic Uranium Production Report, Q4 2025; Cowboy State Daily, August 27, 2025.
07 · What’s Next
Catalysts Ahead
New projects are the Company’s growth engine, alongside organic growth at both existing projects.
Growth engine
What We Look For
08 · Leadership
A Team Built to Convert Pounds
Deep uranium, exploration and capital-markets experience, backed by independent technical partners.
Drew Zimmerman, CFA
President, CEO & Director
14+ years in public and commodity markets; former investment advisor and portfolio manager.
Paul Cowley, P.Geo.
COO & Director
45+ years of global exploration, incl. BHP Minerals; credited with multiple discoveries.
Bradley Parkes, FCSI, P.Geo.
VP Exploration & Director
Geologist and capital-markets professional; $100M+ raised for early-stage resource companies.
Rebecca Moriarty
CFO
Chartered Accountant since 2002; 11 years at PwC focused on resource companies.
Directors and Advisor
Chris Healey, P.Geo.
Director
More than four decades of uranium exploration and development, including 20+ years with Cameco; former President & CEO of Titan Uranium.
Galina Meleger
Director
20 years in mining investor relations; VP Investor Relations at Skeena Gold & Silver; recipient of CIRI’s Belle Mulligan Award.
Marino J. Sveinson
Director
Partner at Pulver Crawford Munroe LLP, advising mining, energy and oil & gas employers on labour and employment law.
Luke Norman
Strategic Advisor
Co-founder of Gold Standard Ventures and U.S. Gold Corp; advanced the CK Gold Project in Wyoming to full permitting.
Technical Partners
WWC Engineering
Duck Creek resource QP
Geomorphic AI
Historical data digitization
University of Wyoming
IP geophysics
09 · Investors
Investors
Noble Plains offers investors exposure to compliant uranium pounds in favourable U.S. states, built through a repeatable model for converting historical drilling into NI 43-101 resources.
Stock Information
Quotes delayed 15+ minCUSIP65510HISINCA65510H1082Transfer AgentComputershare Investor Services Inc.AuditorCharlton & Company
Share Structure
As of Oct 27, 2026| Security | Outstanding |
|---|---|
| Common Shares | 89,631,808 |
| Warrants ($0.10 and $0.15) | 28,610,807 |
| Stock Options (avg. $0.12) | 6,100,000 |
| Fully Diluted | 124,342,615 |
~6%
Held by Ur-Energy Inc. (NYSE American: URG, TSX: URE), an operating U.S. producer
~9.76%
Held by management, directors and advisors
Q4 2026
Corporate Presentation
An overview of Noble Plains’ projects, strategy and path to 20 million pounds.
Financial Filings
Noble Plains’ financial statements, MD&A and meeting materials are available on the Company’s SEDAR+ profile.
Annual General and Special Meeting · December 10, 2026
2026 AGM Materials
We don't control the tape. We control the work. Every pound we add, and every project we bring in at a fraction of its replacement cost, makes Noble a bigger company when the market turns.
Drew ZimmermanPresident & CEO10 · News
Latest News
Nov 4, 2026Noble Plains Uranium Announces Binding Letter of Intent for Proposed Acquisition by Eagle Nuclear EnergyOct 21, 2026Corporate Update: Foundation Built, Scale Next. Charting a Path to 20 Million PoundsSep 1, 2026Geophysical Survey Identifies Deeper Fort Union Target at Duck CreekAug 10, 2026Noble Plains Intersects Uranium in All Drill Holes at Shirley Central, Wyoming
Stay Informed
Receive Noble Plains news releases and corporate updates by email.
Contact Us
For investor inquiries, media requests or project submissions, please contact Noble Plains Uranium using the details below.
Investor Relations
Head Office
1199 West Hastings Street, Suite 1100
Vancouver, BC V6E 3T5, Canada
Vancouver, BC V6E 3T5, Canada