Peninsula Energy Limited is an Australia-based company that owns the Lance Uranium project in Wyoming, United States of America. The Company’s projects include Lance project and Karoo project. The Lance project is United States-based uranium project authorized to use the industry low pH in-situ recovery process. Lance holds a defined JORC (2012) Compliant uranium mineral resource of approximately 53.6 million pounds U3O8. The Karoo project is focused on the rehabilitation of exploration and historical trial mining activities.