POISED FOR GROWTH
Strata Energy is the US subsidiary of Australian-based Peninsula Energy Limited. Listed on the Australian Securities Exchange under the symbol PEN, Peninsula is an emerging uranium producer with projects located in the United States and South Africa.
Strata entered production in late 2015 at the Ross Project in northeastern Wyoming, under the first phase of a scalable development plan. This plan allows Strata greater flexibility in responding to market conditions while reducing up-front capital costs. As the uranium market grows, Strata is poised to grow right along with it.
The Ross Project, combined with other areas of the greater Lance Projects, constitutes the largest JORC-compliant* in-situ recovery resource in the USA at 54 million pounds U3O8.