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Denison Announces Completion of Conceptual Mining Study Evaluating ISR Mining Method for J Zone and Decision to Initiate Preliminary Economic Assessment
Denison Announces Completion of Conceptual Mining Study Evaluating ISR Mining Method for J...
About this update from Denison Mines Corp.
[{"type":"text","content":"\n\n\n\nDenison Announces Completion of Conceptual Mining Study Evaluating ISR Mining Method for J Zone and Decision to Initiate Preliminary Economic Assessment\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, July 28, 2020\n\n\n\n \n TORONTO, July 28, 2020 /CNW/ - Denison Mines Corp. (\"Denison\" or the \"Company\") (TSX: DML) (NYSE American: DNN) is pleased to announce the successful completion of an internal conceptual mining study (the \"Concept Study\") examining the potential future development of the J Zone uranium deposit (\"J Zone\") using the In-Situ Recovery (\"ISR\") mining method.  Based on the results from the Concept Study, the Company has decided to initiate the preparation of a Preliminary Economic Assessment (\"PEA\"), which is expected to be completed during the second half of 2020.  View PDF\nThe Concept Study was prepared by Denison's in-house project development team under the oversight of David Bronkhorst, P.Eng., the Company's Vice President, Operations, and was reviewed and approved by the Technical Committee of the Company's Board of Directors.  \nThe J Zone deposit is located on the Company's Waterbury Lake property (\"Waterbury\"), which is owned by Denison (66.71%) and Korea Waterbury Lake Uranium Limited Partnership (\"KWULP\") (33.29%), which is comprised of a consortium of investors, in which Korea Hydro & Nuclear Power (\"KHNP\") holds a majority position.  KHNP is also a significant shareholder in Denison.  \nDavid Cates, Denison's President & CEO, commented, \"We are encouraged by the results of the J Zone Concept Study, and we are pleased to advance to a PEA. The ability to complete the J Zone Concept Study with our internal project development team showcases the depth of talent that Denison has recruited since the completion of the Wheeler River Pre-Feasibility Study in 2018 – which study was highlighted by the selection of the ISR mining method for the Phoenix deposit.  While investing in advancing our understanding of the potential applicability of the ISR ...