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Indigo Exploration ( (TSE:NOBL) ) has issued an announcement.
Noble Plains Uranium Corp. has submitted a drill permit application for a 15-hole program at the Shirley Central Property, a month after acquiring the claims. This initiative is part of the company’s strategy to rapidly convert brownfield assets into compliant uranium resources. The property is strategically located amidst active uranium developers, enhancing its potential as a production hub. By leveraging historical data and modern exploration methods, Noble Plains aims to conduct a cost-effective and efficient drill campaign, with drilling expected to commence by the end of the third quarter. The company’s focus on in-situ recovery aligns with its commitment to environmentally responsible exploration, benefiting from Wyoming’s streamlined permitting environment.
More about Indigo Exploration
Noble Plains Uranium Corp. operates in the uranium industry, focusing on the exploration and development of uranium resources. The company is strategically positioned in the Shirley Basin, a prominent uranium district in Wyoming, USA, known for its infrastructure and historical production. Noble Plains aims to convert brownfield assets into compliant uranium resources, leveraging modern exploration techniques and environmentally responsible methods such as in-situ recovery.
Average Trading Volume: 57,990
Technical Sentiment Signal: Buy
Current Market Cap: C$8.03M
See more data about NOBL stock on TipRanks’ Stock Analysis page.