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Peninsula Energy updates on laboratory tests at its Lance Uranium Project in Wyoming

Peninsula Energy Ltd (ASX:PEN) CEO Wayne Heili tells Proactive the group has completed the laboratory phase of optimization work at its Lance Uranium Project in Wyoming with a second low-PH field demonstration underway to confirm laboratory results at a near to commercial scale.

Heili says over the next 12 to 18 months, Peninsula will focus on key site-specific technical process development and optimization activities to fully prepare Lance as the only commercial low pH InSitu (ISR) operation in the US.

Quick facts: Peninsula Energy Ltd

Price: 0.064 AUD

Market: ASX
Market Cap: $57.07 m

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Peninsula Energy continues in a strong financial position, debt free and...

Peninsula Energy (ASX: PEN) CEO Wayne Heili joined Steve Darling from Proactive to provide an update on the company that has seen a lot of milestones hit this year. Heili telling Proactive about their cash position, current activities at the Lance Project and what he sees as projected revenue...

1 week ago

2 min read