ASX:PENOil and Gas
Is Peninsula Energy’s (ASX:PEN) Lance Acidification Reset Quietly Redefining Its Long-Term Uranium Strategy?
Peninsula Energy, through its subsidiary Strata Energy, has begun the acidification process at Header House 16 as part of a production reset for mine unit 4 at the Lance uranium project in the US, marking the restart of leaching activities after a five-year pause.
This step is expected to yield crucial data on ore grade and recovery curves, helping to shape the Lance project's medium- and longer-term development profile.
We’ll now examine how the start of acidification and the resulting...