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 > Feasibility Study

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Comment by RatPatrolon Nov 21, 2022 2:07pm

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Post# 35116281

RE:Feasibility Study

Your question is well asked Hark8 and I think well timed.

Denison's news release of September 22, 2021 may give us a baseline.

Here are a couple takeaways;

1) DML appears to me to be releasing parts of this FS study being completed by Woods, a consultancy. Examples are Environmental Stewardship and Mineral Resouce Updates.

2) Production at Wheeler River was/is scheduled for 2024. Management has given us no reason to expect otherwise.

So.....................

Methinks this report might be due by Christmas ( I can hardly wait).

Because Wheeler River is using a somewhat undeveloped technology there may still be surprises.
Actually as I understand it, Denison is adapting a well known extraction procedure to higher grade deposits.
Anyway, I'm prepared to wait; management knows what they are doing.

The resulting capex and opex costs that this method brings may change the economics for mining in the Basin. It will SURELY change the RANKING of mineability of deposits TO BE MINED in the Basin.

We c..........................

I hope this helps.
Please jump in with your reply.

DYODD JMHO

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