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    market news

    Peninsula Energy Increases Resource at Lance Project

    Investing News Network
    Jan. 24, 2013 03:56PM PST
    Energy Investing

    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.

    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.

    Click here to read the full Mining Weekly report.

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