Powering America’s Nuclear Energy Future

A U.S. uranium platform with near-term operating leverage and district-scale upside

Peninsula Energy is an ASX-listed uranium company (ASX: PEN; OTCQB: PENMF) focused on building a sustainable, long-life U.S. uranium production business at its 100%-owned Lance and Dagger Projects in Wyoming.

Lance combines a JORC (2012) Mineral Resource of 59.0 million pounds (Mlb) U3O8 with an in-situ recovery (ISR) operation, a constructed Central Processing Plant with 2.0 Mlb per annum nameplate capacity, and a substantial pipeline of permitted development and regional growth opportunities.

59.0 Mlb U₃O₈ Resource with District-Scale Growth Upside

Near-term Production Largely Uncontracted

2.0 Mlb p.a. Fully Constructed Central Processing Plant

Experienced Leadership Team, Focused on Consistent Production Performance

Lance Project

Located in Wyoming – one of the leading uranium mining jurisdictions in the United States – the Lance Project is a large-scale in-situ recovery (ISR) uranium operation with existing production infrastructure, a 59.0 Mlb U3O8 Mineral Resource and substantial growth potential.

Peninsula is applying operational learnings from the ramp-up of low-pH ISR across its wellfields to improve operational reliability and deliver repeatable production performance, with the aim of delivering a secure and sustainable domestic uranium supply for the next generation of clean energy in North America.

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Peninsula Energy (ASX:PEN) - George Bauk, Managing Director

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