Denison Mines Corp. Releases Investor Update on Uranium Development and Exploration in Athabasca Basin
Reuters
Jul 10, 2025
Denison Mines Corp. Releases Investor Update on Uranium Development and Exploration in Athabasca Basin
Denison Mines Corp. has released a presentation highlighting its advanced uranium development projects in the Athabasca Basin, Northern Saskatchewan. The company focuses on three key projects: Phoenix, Gryphon, and THT/Waterbury, all of which are classified within UxC's "First Tier" of global assets. The Phoenix project is notable for its combination of low-cost mining methods and high-grade uranium deposits, earning it recognition as the #1 mining development project globally in 2024 by Mining Journal Intelligence. Additionally, Denison holds a significant interest in the McClean Lake mill and mine, with excess licensed milling capacity and plans for a 2025 mining restart at the McClean Lake North deposit. The company's financial position is strengthened by approximately CAD$310 million in cash, physical uranium, and investments, supporting the advancement of its flagship development projects. You can access the full presentation through the link below.
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