PEN 1.37% $1.08 peninsula energy limited

Ann: Low pH Permit Amendment request submitted, page-2

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  1. 7,495 Posts.
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    Great news !
    Should have no trouble receiving approval for the low PH as it seems more environmental friendly to restore the local ground water resources...


    A successful transition to low pH operations could align the operating performance and cost profile of the Lance Projects with current industry leading global uranium production projects. Of the 77 million pounds of uranium produced by ISR methods worldwide in 2015, ninety-six percent (96%) or 74 million pounds came from facilities using low pH lixiviants.

    The proposed change to low pH operations at the Lance Projects is also projected to require no oxidant and improve groundwater restoration. Laboratory test results and modelling indicate that groundwater can be fully restored to currently approved values after using low-pH solutions. No changes have been requested to the target restoration values previously approved for each mine unit.

    Wayne Heili, Peninsula’s Managing Director and CEO commented; “The submission of the PTM amendment request is the culmination of many months of research, extensive test work and analysis aimed at greatly enhancing the uranium recovery process at Lance and marks an important milestone in the pathway to low pH ISR operations”.
 
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