Pel is an advanced uranium developer and a leading brand in the energy industry. With its flagship Lance Project, Pel is committed to creating a sustainable and long-life uranium operation. Located in Wyoming, one of the premier mining and uranium jurisdictions in the US, Lance is one of the largest uranium projects with a JORC (2012) Resource of 53.

7Mlbs¹ U3O8, encompassing the Ross, Kendrick, and Baber areas. What sets Pel apart is its authorization to use the low-pH ISR process, an industry-leading method for uranium production. More than 60% of global uranium produced in 2021 utilized this highly efficient process.

Moreover, Pel's low-pH ISR projects boast low production costs compared to other methods. Currently, Lance has a plant capacity of 0. 82Mlbs U3O8 per year, with licensing to produce up to 3Mlbs U3O8 per year.

Under the leadership of an experienced team, Pel has completed all necessary de-risking activities to restart commercial operations by mid-2023. The company has secured long-term contracts for up to 5. 25 million lbs U3O8, extending until 2033, with major utilities in the United States and Europe.

As the global recognition of uranium as a clean energy source grows, Pel is poised to supply fuel for a greener future. With a commitment to sustainability and cutting-edge technology, Pel is paving the way for a cleaner and more efficient energy industry. Contact Pel today to join their mailing list and learn more about their transformative work in the field of energy