Peninsula Energy Ltd (ASX:PEN, OTCQB:PENMF) CEO Wayne Heili tells Proactive the company has expanded its US uranium portfolio with the newly established Dagger Project, just 20 kilometres northeast of its advanced-stage Lance Project in Wyoming. With an initial inferred mineral resource estimate of 6.9 million pounds of uranium at an average grade of 1,037 parts per million, the Dagger Project presents a compelling addition to Peninsula’s portfolio. The Dagger Project sits on an expansive 4,140 acres, contiguous with a historically successful uranium mining site.
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