~ Initial JORC CODE-Compliant Resource totalling 50.1Mlbs at 1,040ppm eU3O8:
o Indicated Resource of 15.7Mlbs eU3O8; and
o Inferred Resource of 34.4MlbseU3O8
~ Additional exploration target of 250-350Mlbs at the Karoo Projects
~ DRA has commenced Scoping Study
~ Bankable Feasibility Study is planned to commence Q3 2013MORE
PENINSULA ENERGY LIMITED (PEN)
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