Peninsula Energy’s definitive feasibility study positions Lance projects as globally competitive ISR uranium operations

The Ross Process Plant at the Lance Projects, Wyoming USA Peninsula Energy Ltd (ASX:PEN, OTCQB:PENMF) has released a definitive feasibility study (DFS) demonstrating a robust economic case for the company’s three Lance In-situ Recovery (ISR) Uranium Projects – Ross, Kenrick and Barber – in Wyoming, United States.

Peninsula has been transitioning its Lance projects from an alkaline ISR method to a low-pH recovery operation, which has the potential to increase uranium recoveries without compromising the public health, worker safety or the environment.

In total the projects hold some 53.7 million pounds of JORC-compliant uranium resource.

The DFS includes only the Ross and Kendrick resources, which total 21.8 million tonnes, highlighting the potential for future growth. “Unique competitive advantage” “We have been focused on methodically and efficiently applying the low pH ISR process to our flagship project,” Peninsula Energy managing director and CEO Wayne Heili said.“Peninsula has a unique competitive advantage in being […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet