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Denison Mines Corp T.DML

Alternate Symbol(s):  DNN

Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. It also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. It also offers environmental services. The Company also uses MaxPERF drilling tool technology and systems.


TSX:DML - Post by User

Bullboard Posts
Post by landleon Jul 30, 2010 2:15pm
553 Views
Post# 17311402

2010 vanadium production

2010 vanadium productionestimated to be 2.8 million pounds.

Denison Mines Corp. (TSX: DML) (NYSE AMEX: DNN) is a diversified,growth-oriented, intermediate uranium producer with three active minesin the United States. Denison’s assets include an interest in twouranium mills in North America, with its 100% ownership of the WhiteMesa mill in Utah and its 22.5% ownership of the McClean Lake mill inSaskatchewan. Both mills are fully permitted. Denison also has othermines and projects on stand-by in Canada and the U.S.

Denison’s 2009 production from its two mills was 1.4 million pounds U3O8 and 0.5 million pounds of vanadium. 2010 production is estimated to be 1.6 million pounds U3O8 and 2.8 million pounds of vanadium.

Denison enjoys a global portfolio of world-class explorationprojects in close proximity to the company’s mill in the AthabascaBasin in Saskatchewan, including the Wheeler River project whereDenison announced the new Phoenix discovery in 2008. Denison also hasexploration and development properties in Mongolia and Zambia whichwill provide future production in two to three years.

Denison is the manager of Uranium Participation Corporation(TSX:U), a publicly traded company which invests in uranium inconcentrates and uranium hexafluoride. Denison is also engaged in minedecommissioning and environmental services through its Denison Environmental Services (DES) division.


Last updated July 2010
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