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
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Denison Mines Corp. is pleased to announce that it has closed its bought deal private placement of common shares that qualify as "flow-through shares" for purposes of the Income Tax Act previously announced on February 11, 2021 . View .
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Denison Reports a Year of Significant Project and Company De-Risking prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.