Projects

Peninsula’s Wyoming portfolio provides a pipeline of development and exploration opportunities beyond current production at Ross, with Kendrick, Barber and the nearby Dagger Project offering the potential to extend mine life and increase future production, utilising existing Lance infrastructure.

Lance Project, Wyoming

Lance Project

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

Map of the Dagger and Lance project areas

Dagger Project

Peninsula Energy’s 100%-owned Dagger Project is located in Crook County, Wyoming, close to the Company’s flagship Lance Project. Dagger represents a potential future satellite ISR uranium operation.

Lance Central Processing Plant

Mineral Resources

The Lance Mineral Resource Estimate was updated in September 2026 and incorporates drilling completed to 31 December 2025.

Inside the Lance Central Processing Plant

Uranium In-Situ Recovery

In-situ recovery (ISR) extracts uranium from suitable underground mineralisation without conventional open-pit or underground mining.