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Noble Plains Uranium Expands with Strategic Acquisition in Powder River Basin

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Noble Plains Uranium Expands with Strategic Acquisition in Powder River Basin

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Indigo Exploration ( (TSE:NOBL) ) has provided an announcement.

Noble Plains Uranium Corp., a company focused on uranium exploration and development, has announced a property option agreement to acquire an 80% interest in the Duck Creek Project, a brownfield uranium asset located in Wyoming’s Powder River Basin. The project, which spans over 4,000 acres, is strategically positioned near major in-situ recovery uranium operations, enhancing its potential value. With over 4,000 historic drill holes and evidence of past production, the site offers significant geological potential. This acquisition aligns with Noble Plains’ strategy of expanding its uranium resource base efficiently and responsibly, further strengthening its portfolio in Wyoming.

More about Indigo Exploration

Average Trading Volume: 51,852

Technical Sentiment Signal: Buy

Current Market Cap: C$4.15M

For an in-depth examination of NOBL stock, go to TipRanks’ Overview page.

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