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Denison pulls trigger on Wheeler River development

Uranium explorer Denison Mines Corp (TSX:DML) and its partners in the Wheeler River uranium joint venture have resolved to proceed with the next stage of development of the project, focusing on an in-situ recovery (ISR) operation at Phoenix in northern Saskatchewan’s Athabasca Basin.

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Denison Mines will proceed with the required environmental assessment and engineering studies for the Wheeler River project

The project partners have agreed to spend C$10.3 million in 2019, to start the required environmental assessment and engineering studies.