Noble Plains Uranium Corp.N
Noble Plains Uranium Corp. (TSXV: NOBL, OTCQB: NBLXF) is a US-focused uranium exploration and development company advancing a portfolio amenable to In Situ Recovery (ISR) mining, formerly known as Indigo Exploration Inc. (renamed May 2025). Its flagship, Duck Creek (Powder River Basin, Wyoming), carries a maiden NI 43-101 Mineral Resource (independent Technical Report filed on SEDAR+, announced 23 Apr 2026): 4.29 million tons Indicated grading 0.062% U3O8 (5.32 million lb) plus 0.839 million tons Inferred grading 0.09% U3O8 (1.04 million lb), on roughly half the land the company now holds -- the resource beat its own exploration target on every key metric. The company also holds Shirley Central (30 unpatented mineral claims, 665 acres, adjacent to Ur-Energy's operating Shirley Basin ISR project), where a confirmation drill program mobilized in Jul 2026 aims to convert historical drilling data into a compliant resource, and lithium brine exploration permits in Alberta, Canada. Noble Plains closed a non-brokered private placement of 10,096,000 units at C$0.10/unit for gross proceeds of C$1,009,600 on 25 Jun 2026.
Notable vs. Peers
- Financials score of 1.5/10 is weaker than the peer average of 5.9/10.
- Trading within 3% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Jurisdiction (40%)9/10
Wyoming: Fraser PPI 2024 is 93.25 of 100 (rank 5 of 82; not rated in the 2025 survey), which maps to 9 on this site's scale. Wyoming's Powder River Basin and Shirley Basin are established, in-situ-recovery-friendly US uranium districts (adjacent to Ur-Energy's operating Shirley Basin ISR project) with a mature regulatory framework.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Duck Creek Uranium Project, Powder River Basin, Wyoming, USA (checked Oct 5, 2026; recheck due Apr 3, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score:8.2/10
Ur-Energy Inc. holds 6.14% (reported 25 Jun 2026) See holders
An operating producer's stake scores 8 at 5%, rising to 10 at 20% (the take-over-bid threshold) and holding there up to 50%.
Weight 25% · 49% here - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:3.5/10
Stage: Resource Definition
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 29% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 13% here - CommoditySub-score:4/10
Primary commodity: Uranium
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
President, Chief Executive Officer and Director of Noble Plains Uranium Corp. (TSXV: NOBL), appointed effective 2 Nov 2025 succeeding Paul Cowley, and a Director of Stallion Uranium Corp. (TSXV: STUD), where he was Chief Executive Officer from 2020 to 2024. CFA charterholder; Bachelor of Commerce in international business, University of Victoria. Investment professional with 14+ years of commodity- and capital-markets experience, previously an Investment Advisor and Derivatives Portfolio Manager focused on commodity and resource markets. Based in Vancouver.
President, Chief Executive Officer and Director of Phenom Resources Corp.; also Chief Operating Officer & Director of Noble Plains Uranium Corp. and a director of Triumph Gold Corp. Professional Geologist with over 40 years of global exploration experience in gold, base metals and diamonds, including 18 years with BHP Minerals. Led the discovery of four gold deposits totaling more than 6 million ounces as manager of the Slave Gold Project.
FCSI, P.Geo. Geologist and capital-markets professional who has raised over $100M for resource companies.
Chief Financial Officer of South Pacific Metals Corp., appointed effective April 30, 2026, succeeding Scott Kelly; also Chief Financial Officer of Phenom Resources Corp., Metallic Minerals Corp., Noble Plains Uranium Corp., ArcWest Exploration Inc. and Global Battery Metals Ltd. CPA with two decades in mining/resources; serves as CFO for several companies supported by the Vancouver-based Malaspina Consultants team.
Corporate Secretary of South Pacific Metals Corp.; also Corporate Secretary of Noble Plains Uranium Corp. and Barksdale Resources Corp. Principal of Keystone Corporate Services with 20+ years of experience in the capital markets sector.
Director of Noble Plains Uranium Corp. Investor-relations executive with 20 years in mining, currently VP Investor Relations at Skeena Gold & Silver.
A Director of District Copper Corp. (TSXV: DCOP) and the company's non-independent Qualified Person, and concurrently Chief Geologist and a Director of Americore Resources Corp. and a Director of Noble Plains Uranium Corp. P.Geo. Earned a Bachelor of Science degree in geology from the University of Wales in 1968 and is a professional geologist licensed in Saskatchewan and British Columbia. Brings over 48 years of experience in the natural resources industry covering all aspects from early-stage exploration through development to production. Began his career with the International Nickel Company (now Vale Limited) and went on to work with Cameco Corporation, the world's largest uranium producer.
Director of Noble Plains Uranium Corp. Partner at Pulver Crawford Munroe LLP, specializing in mining and energy-sector employment law.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Noble Plains Uranium, formerly Indigo Exploration, is a uranium explorer focused on projects in Wyoming amenable to in-situ recovery. Its flagship Duck Creek project in the Powder River Basin has a maiden NI 43-101 resource as of 12 February 2026 of 4.29 million tons at 0.062% U3O8 for 5,320,000 lb indicated, plus 0.839 million tons at 0.09% U3O8 for 1,040,000 lb inferred, covering roughly half the land the company now holds. At Shirley Central, 30 unpatented claims next to Ur-Energy's Shirley Basin in-situ recovery project, a seven-hole confirmation drill program completed in August 2026 intersected uranium in every hole, supporting the company's aim of converting historical drilling data into a compliant resource. It also holds lithium brine exploration permits in Alberta, and no economic study has been published.