10/03/2023
From CEO David Cates: "I’m proud of the efforts of our team to achieve what others may have previously considered impossible – positioning Denison as an industry leader on the cusp of deploying the lowest cost mining method at one of the world’s highest grade deposits.
"The highly successful results of the FFT clearly demonstrate that the Phoenix deposit is amenable to ISR mining and that the Company can move confidently ahead with its plans to complete a feasibility study for the project during the first half of 2023.
"In parallel to our de-risking efforts, we also achieved a notable milestone in the permitting process for the Phoenix ISR project with the submission of a draft EIS, which demonstrates the project can potentially achieve a superior standard of environmental sustainability.
"Our timing is excellent, as our success comes while we are observing sustained improvements in both global sentiment towards nuclear energy's necessity in the battle against climate change and the underlying uranium market."
Read more about Denison's 2022 financial and operational results here: https://denisonmines.com/news/denison-reports-financial-and-operational-results-122783/
