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Peninsula Energy has begun acidification at Header House 16 in its Lance uranium project in Wyoming, shifting to a low-pH in-situ recovery method to enhance production. With 58 million pounds of yellowcake at the Lance project and additional resources from the Dagger satellite project, the company aims to produce 400,000 to 500,000 pounds by 2026, supported by nearly $70 million in capital and a $15 million debt facility. The US government's renewed focus on nuclear energy further strengthens Peninsula's operational prospects.