Peninsula Energy Limited provided the following update on the MU1A low-pH field demonstration at the Company's, 100% owned Lance Project located in Wyoming, USA. The field demonstration of low-pH In-Situ Recovery has yielded significantly improved production results since the latest update in mid-May, 2021. The update on 17 May 2021 outlined actions that had been taken across key focus areas to enhance performance, including changes to the configuration of the injection and recovery well patterns. Since that time the field operations have run consistently and the response has indicated favourable trends. Therefore, no further field layout adjustments have been required.