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Denison Announces Discovery Of High-Grade Uranium Mineralization At Mcclean Lake South

3O Andy Yackulic, P. Geo., Denison s Director, Exploration, commented, The latest results from McClean South are quite exciting. Not only has drilling intersected very high-grade uranium, but the mineralization is open along strike to the west for at least 250 metres and approximately 70 metres to the east towards the McClean South 8E pod. The mineralized intersection in MCS-34 represents one of the better mineralized intersections reported on the McClean Lake property to date – which is impressive, as the property has been explored since the mid-1970s and has previously produced over 50 million pounds U 3O David Cates, Denison s President & CEO, added

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Denison Reports a Year of Significant Project and Company De-Risking

David Cates, President and CEO of Denison commented , Confronted with the varied challenges of the global COVID-19 pandemic, Denison s resilient teams excelled in 2020 and early 2021 – accomplishing a significant de-risking of our flagship Wheeler River project and the Company s balance sheet. At Wheeler River, our technical team achieved a key milestone, receiving an independent confirmation of Proof of Concept for the application of the In-Situ Recovery ( ISR ) mining method at the high-grade Phoenix deposit. We also completed an important trade-off study leading to the adoption of a freeze wall design for containment of the ISR operation at Phoenix – a decision that is expected to be favourable from an environmental standpoint, reduce technical complexity and operational risks, allow for a phased mining approach with lower up-front capital costs, and strengthen project sustainability. With the Environmental Assessment process fully resumed and a $21.8 million bud

United statesWaterbury lakeWheeler riverDavid bronkhorstSophia shaneAndrew yackulicHeldeth tuDenison environmental servicesCanada exploration companyField programDenison mines corpPetrotek corporationUranium participation corporationToronto stock exchangeCanadian institute of miningIn situ recovery

Denison Reports a Year of Significant Project and Company De-Risking

Denison Reports a Year of Significant Project and Company De-Risking
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United statesWaterbury lakeWheeler riverDavid bronkhorstAndrew yackulicHeldeth tuDenison environmental servicesCanada exploration companyField programDenison mines corpPetrotek corporationUranium participation corporationToronto stock exchangeCanadian institute of miningDenison minesAudited consolidated financial statements

Denison Reports a Year of Significant Project and Company De-Risking

Denison Reports a Year of Significant Project and Company De-Risking
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