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Peninsula Energy signs 5-year uranium toll milling deal with Uranium One

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Peninsula Energy signs 5-year uranium toll milling deal with Uranium One

Peninsula Energy Ltd. signed a new five-year agreement for toll milling uranium-rich resin from its Lance projects in Wyoming, with its existing toll milling service provider Uranium One Americas Inc.

The agreement will take effect Jan. 1, 2019, and can be extended by the company's Strata Energy Inc. unit for further five years.

The uranium-rich resin will be delivered to Uranium One's Irigaray central processing plant, according to the Dec. 24 release.