Lance uranium on track for December restart
The Lance uranium project, in Wyoming, remains on track to restart production in December, owner Peninsula Energy reported on Wednesday.
Lance is one of the biggest uranium in-situ recovery projects in the US, underpinned by a 58-million-pound uranium oxide resource.
In an update, the ASX-listed company reported that all concrete work had been completed and that the building’s structural steel and roofing had been installed. Installation of the building was also largely completed.
The new ion-exchange vessels, elution tanks, and precipitation tanks had been placed on the plant slab and progress was being made on the installation of key systems, including HVAC, structural steel for pipe racks and equipment support, cable trays and interior lighting.
In preparation for the restart of uranium production, pre-production operational activities continued in Mine Unit 1 (MU-1), which was undergoing groundwater preconditioning. Preconditioning in MU-1 had progressed in line with the broader project goals.
Meanwhile new development areas such as Mine Unit 3, header house 11 had been fully constructed and prepared for commencement of preconditioning operations.
The company received final regulatory approval for the MU-3 wellfield data package last Friday, authorising the full operational activities within the MU-3 area.
Twelve drill rigs are currently operating daily to prepare additional production pattern wells in MU-3 header houses 12 and 13.
Well installation within MU-3 is 76% complete.
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