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Peninsula Energy: High Grade Uranium and Molybdenum Returned at Site 22
Peninsula Energy Ltd. (ASX:PEN) announced that additional assay results have returned high grade uranium and molybdenum at the Karoo property in South Africa.
Peninsula Energy Ltd. (ASX:PEN) announced that additional assay results have returned high grade uranium and molybdenum at the Karoo property in South Africa.
The press release is quoted as saying:
In addition to validating the high grade Uranium reported from the down-hole gamma loggingprogram, the high grade of the associated Molybdenum is particularly encouraging as it hasthe potential to add significantly to the economics of any future mineral extraction from thisarea.
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