Peninsula Energy (ASX:PEN) reported a 1.7% increase in the mineral resource estimate for its Lance project in Wyoming to 53.9 million tonnes at an average grade of 0.05% triuranium octoxide for 59 million pounds of uranium, according to a Friday filing with the Australian bourse.
The previous estimate was 52.6 million tonnes at an average grade of 0.050% triuranium octoxide for 58 million pounds, the filing said.