Peninsula Energy Limited

Black Range Minerals Limited (ASX:BLR) is very pleased to announce the appointment of Mr. Tony Simpson to the Company's Board of Directors.

Australian Market Report of February 18, 2011 includes: YTC Resources Limited (ASX:YTC) announced further strong drill results from the northern section of the Nymagee Copper Deposit; Meridian Minerals Limited (ASX:MII) has signed a non-binding Heads of Agreement to acquire a 75% interest in the non-alluvial assets of Russian gold company ZAO ZRK Omchak; Peninsula Energy Limited (ASX:PEN) confirmed high grade uranium resource in South Africa; Hot Rock Limited (ASX:HRL) commences its first major exploration program at two geothermal projects in Chile.

Australian Market Report of February 16, 2011 includes: China Magnesium Corporation Limited (ASX:CMC) was formally granted land rights in China for first phase expansion to 20,000 tonnes per annum; Peninsula Energy Limited (ASX:PEN) signed a long term sale agreement for U3O8 produced from Lance Projects; Tanami Gold NL (ASX:TAM) reported that its gold resources had increased to 2.03 million ounces; EnviroGold (ASX:EVG) applied for additional copper/gold licence in Dominican Republic.

Australian Market Report of February 2, 2011 includes: Fortis Mining Limited (ASX:FMJ) has entered into a strategic partnership alliance with Grand Concord Investments Limited; Peninsula Energy Limited (ASX:PEN) announced 33Mlbs U3O8 resources in USA; Molopo Energy Limited (ASX:MPO) is to sell Spearfish oil asset to Legacy Oil + Gas Inc (TSE:LEG); Avita Medical Limited (ASX:AVH) completed ISO quality certification audit to sell its products in Europe.

Australian Market Report of November 16, 2010 includes: Mantra Resources Limited (ASX:MRU) Nyota resource increases by 20% to 101.4 Mlbs U3o8 in southern Tanzania; CBD Energy Limited (ASX:CBD) has begun work on its solar power plant in Thailand; Peninsula Minerals Limited (ASX:PEN) has completed a further 46 development drillholes at the Ross Project; Iron Mountain Mining Ltd (ASX:IRM) announced a 44.2Mt inferred bauxite resource increase in WA.

2009 will be an interesting year for Uranium in Western Australia. The change of Government has led to uranium exploration and mining being back in favour but the financial crisis has led to a lack of funds being available for exploration. However the outlook is positive. Uranium usage is tipped to increase with China and India leading the way and Japan also active in the sector.