Denison Mines Corp T.DML

Alternate Symbol(s): DNN

Energy

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.

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Denison Mines Corp

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Post by stockguru1982on Jul 09, 2015 5:05am

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Operating and Proposed Uranium Mines and Mills in Canada

https://www.nuclearsafety.gc.ca/eng/uranium/mines-and-mills/index.cfm

Operating Uranium Mines and Mills

At this time, all operating uranium mines and mills in Canada are located in northern Saskatchewan. AREVA Resources Canada and Cameco Corporation are the licensees of the active mining and milling facilities.

• Cigar Lake Mine (Saskatchewan)

• Key Lake Mill (Saskatchewan)

• McArthur River Mine (Saskatchewan)

• McClean Lake Mine and Mill (Saskatchewan)

• Rabbit Lake Mine and Mill (Saskatchewan)

Surface exploration for uranium is exempt from NSCA requirements because it poses low risks. Each province or territory is responsible for regulating and monitoring exploration activities within its jurisdiction and informing the public about those activities. Advanced exploration activities, such as exploration ramps through mineralized zones fall within the regulatory framework of the CNSC, and a licence is required before these activities can proceed.

As with other major facilities, operating licences for uranium mines and mills are issued for specific time periods, usually from five to ten years. Renewals of existing licences and all proposals for new mining and milling activities require Commission approval.

Proposed Uranium Mines and Mills

New uranium mine and mill projects are currently being proposed in Saskatchewan, Quebec and Nunavut.

Before the CNSC can consider a licensing decision regarding any proposed project, an environmental assessment (EA) may have to be completed in compliance with the Canadian Environmental Assessment Act 2012 (CEA Act).

The purpose of an EA is to identify the possible environmental effects of a proposed project and determine whether these effects can be mitigated before the project is allowed to proceed.

The CNSC's licensing process for new uranium mines and mills follows the stages outlined in the Uranium Mines and Mills Regulations, proceeding progressively through site preparation and construction, operating, decommissioning, and abandonment (or release from licensing) phases. EAs can also be completed for new projects at existing nuclear facilities.

Proposed uranium mining and milling projects

Project	Location	Licensee / Applicant
Postponed - Millennium Mine Project	Northern Saskatchewan	Cameco Corporation - Millennium Mine Project
Matoush Uranium Exploration Project	Chibougamau, Quebec	Strateco Resources Inc.
Kiggavik Project	Kivalliq, Nunavut	AREVA Resources Canada Inc. - Kiggavik Project
McClean Lake Mill: Midwest Project	Northern Saskatchewan	AREVA Resources Canada Inc.
Key Lake Mill: Key Lake Extension Project	Northern Saskatchewan	Cameco Corporation - Key Lake