trending Market Intelligence /marketintelligence/en/news-insights/trending/qepNa91TnZ0PlKOQCyxlGA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Denison Mines starts work on PFS for Wheeler River uranium project

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

Denison Mines starts work on PFS for Wheeler River uranium project

Denison Mines Corp.said July 19 that it has started work on a pre-feasibility study for its 60%-ownedWheeler River propertyin Saskatchewan, during the second quarter.

The company released a preliminaryeconomic assessment for the project in April, which pegged a base casepretax net present value of C$513 million at an internal rate of return of 20.4%,on a 100% ownership basis.

Total CapEx was estimated at C$1.10 billion with payback in threeyears.

In addition, the TSX-listed company is conducting an initialinfill drill program at the Gryphon deposit, aiming to upgrade inferred resourcesto the indicated category, which is a key step in completing the pre-feasibilitystudy.

The first infill drill hole at the deposit intersected 2.4% eU3O8over 7.3 meters, which supports earlier high-grade results from the deposit.