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flag Peninsula Energy's Lance uranium project in Wyoming is on track to produce 400,000–500,000 lbs of yellowcake annually, with Mine Unit 4 expected to supply 60% of output in 2026–2027, despite a temporary agitator issue now being resolved under warranty.

flag Peninsula Energy says its Lance uranium project in Wyoming is on track to produce 400,000 to 500,000 pounds of yellowcake annually, with Mine Unit 4 expected to supply about 60% of output in 2026–2027. flag Despite a temporary issue with agitators in the processing plant—now being replaced under warranty—the project remains on schedule, aided by excess plant capacity. flag Acidification at key wells is progressing faster than planned, with uranium grades reaching a project-high 352 milligrams per liter. flag The company expects resin-to-yellowcake production to begin in weeks, supported by ongoing upgrades including a reverse osmosis plant and completion of phase two ion-exchange units by late March. flag The low-pH in-situ recovery method is showing strong performance, with flow rates and recovery exceeding expectations.

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