Peninsula Energy Ltd (ASX:PEN, OTCQB:PENMF) CEO Wayne Heili joined Steve Darling from Proactive to share news that the company plans to restart uranium production at the flagship Lance Projects in Wyoming. Heili says the company will raise funds to have operations begin in Q1 of 2023 with deliveries to existing customers starting in Q4 of 2023. Lance holds a resource of 53.7 million pounds which constitutes one of the largest uranium production development projects in the US. It is also the only US project fully permitted to utilise the low-pH ISR recovery process.
Peninsula Energy looks to resume operations at Lance Uranium Projects