Mining Weekly reported that Peninsula Energy has added the indicated resource at its US based Lance project by 2.5 million pounds of uranium oxide.
As quoted in the market news:
The project’s inferred resource also increased by 2.2-million pounds of uranium oxide (U3O8).
Peninsula said on Thursday that the key objective of the 2012 drilling programme was to increase the measured and indicated resource of the Lance project, in preparation for the start of mining operations.
“Why Uranium Is Planet Earth’s Ultimate Source Of Green Energy”
Discover why Bill Gates, Paul Allen and the founder of Greenpeace agree that Uranium is the #1 energy resource to invest in right now.