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Indigo Exploration ( (TSE:NOBL) ) has issued an announcement.
Noble Plains Uranium Corp. has secured an option to acquire a 100% interest in 30 mineral claims in the Shirley Basin, Wyoming, a key uranium district in the U.S. This acquisition positions the company strategically within a rapidly developing uranium hub, surrounded by major players like Ur-Energy Inc. and Uranium Energy Corp. The Shirley Central Property, with its dense historical drilling and identified high-confidence targets, is set to enhance Noble Plains’ operational footprint in the region. The company plans to fast-track permitting for drilling by late summer 2025, aiming to capitalize on the area’s rich uranium resources and the cost-effective ISR production method.
More about Indigo Exploration
Noble Plains Uranium Corp. operates in the uranium industry, focusing on acquiring and developing strategic mineral claims in the United States, particularly in Wyoming’s uranium-rich districts. The company targets brownfield assets with proven potential and strong in-situ recovery (ISR) amenability, aligning with environmentally responsible development practices.
Average Trading Volume: 49,846
Technical Sentiment Signal: Buy
Current Market Cap: C$4.98M
For an in-depth examination of NOBL stock, go to TipRanks’ Stock Analysis page.