Denison Reports Results from Q3 2021 investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce the initial results of a highly.
David Cates, President and CEO of Denison commented
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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