Denison Mines Corp. filed its Condensed Consolidated Financial Statements and Management's Discussion & Analysis for the second quarter ended June 30, 2025. The report highlighted significant operational achievements across its portfolio of Athabasca Basin development projects.
The McClean North SABRE mine commenced mining operations in June, marking a return to uranium production for the McClean Lake Joint Venture, with the McClean Lake mill processing the first recovered ore in July. At the flagship Wheeler River project, the Province of Saskatchewan issued Ministerial Approval for the Environmental Assessment, a critical regulatory milestone.
Engineering design efforts for Wheeler River are nearing completion, with 80% of total engineering finished. Positive exploration results were also reported at Wheeler River's Gryphon deposit, identifying additional high-grade mineralization. Furthermore, the Preliminary Economic Assessment for the Midwest Main deposit outlined robust economics, with an NPV attributable to Denison's ownership interest exceeding $240 million.
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