Denison Mines Corp has received a licence from the Canadian Nuclear Safety Commission to prepare and construct a uranium mine and mill at its Wheeler River project in Saskatchewan. This marks the first uranium mine in Canada to utilize the in-situ recovery mining method. The project, which includes the high-grade Phoenix and Gryphon uranium deposits, is aiming for first production by mid-2028.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Denison granted licence for Wheeler River
Denison Mines Corp has received a licence from the Canadian Nuclear Safety Commission to prepare and construct a uranium mine and mill at its Wheeler River project in Saskatchewan. This marks the first uranium mine in Canada to utilize the in-situ recovery mining method. The project, which includes the high-grade Phoenix and Gryphon uranium deposits, is aiming for first production by mid-2028.