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Peninsula Energy Releases Quarterly Activities Report

Peninsula Energy (ASX:PEN) announced their 2015 Quarterly Activities Report highlighting the Lance Uranium Project in Wyoming.

As quoted in the press release:

HIGHLIGHTS

WYOMING, USA – LANCE URANIUM PROJECTS

  • Commencement of production at Lance Projects following:
    • Completion of construction and commissioning
    • NRC pre-operational inspection and authorisation to commence ISR recovery operations
    • Approval of Well Field Data Package
  • Initial production well flow rates above expectations, confirming ore body permeability
  • Uranium head grades increasing in-line with expectations
  • 2nd header house now commissioned in Mine Unit 1
  •  Exceptional Deep Disposal Well operation

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