Welcome to our dedicated page for Denison Mines news (Ticker: DNN), a resource for investors and traders seeking the latest updates and insights on Denison Mines stock.
Denison Mines Corp. reports on uranium mining, exploration, and development activities tied to its Canadian asset base and uranium market exposure. Company updates include financial and operational results, the Phoenix ISR uranium mine, annual reporting, and capital and project decisions affecting its uranium portfolio.
Recurring news also covers Athabasca Basin exploration relationships, including Cosa-operated Murphy Lake North and Darby joint ventures in Saskatchewan where Denison holds 30% interests, and JCU-related project interests such as Millennium, Kiggavik, and Christie Lake. Industry updates place DNN within broader uranium supply, nuclear fuel, and nuclear energy market developments.
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Denison Mines Corp. (DNN) announced significant uranium mineralization at its Moon Lake South property in a press release dated April 19, 2023. Drill hole MS-23-10A reported a high-grade intersection of 1.38% eU3O8 over 8.7 metres and contained a sub-interval of 2.88% eU3O8 over 3.1 m. The 2023 winter exploration program included six drill holes, with four intersecting uranium mineralization. This finding is promising for the CR-3 trend’s potential to host significant high-grade uranium deposits, situated approximately 30 metres above the unconformity. The exploration results indicate a continued potential for future discoveries in the area.
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On April 12, 2023, Denison Mines Corp. (DNN) announced the successful completion of an internal conceptual mining study for the Midwest project, where it holds a 25.17% stake. The study focused on applying the In-Situ Recovery (ISR) mining method, which has received approval from the Midwest Joint Venture (MWJV) to proceed with further evaluations in 2023. The Midwest site is situated near the McClean Lake uranium mill, further facilitating operational logistics. The ISR method is noted for being cost-effective due to reduced surface disruption. The preliminary study results indicate potential viability, but further evaluations come with inherent uncertainties. Denison plans to gather more deposit-specific information and conduct preliminary engineering studies this year.
Denison Mines Corp. (NYSE American: DNN) has filed its 2022 Annual Report on Form 40-F with the U.S. SEC, including management discussions and audited financial statements for the year ending December 31, 2022. The report will be accessible on Denison's website and the SEC’s site. In Canada, the Annual Information Form has also been filed and can be found on Denison’s website and SEDAR. The company holds a significant interest in the Wheeler River Uranium Project, the largest undeveloped uranium project in the eastern Athabasca Basin of Saskatchewan. Shareholders can request a free printed copy of the Form 40-F by contacting the company directly.