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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

Comment by Born2Struggle2on Mar 05, 2021 4:03pm
185 Views
Post# 32730974

RE:Denison Reports

RE:Denison Reports IMHO - what I have highlighted is another game changer by David Cates and company. Way less drilling/redrilling required to get the deposit into production when compared to the initially conceived "freeze dome". My guess is leadership has cut the start up capital borrowing requirements by at least 30%. Once the first phased zone is producing, sustaining capital should be able to be raised internally. Drill plan is much simpler and cheaper as well. It just keeps getting better. Gonna be a CASH COW.

allow for a phased mining approach with lower up-front capital costs, and strengthen project sustainability.



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