Business
Denison Reports Financial and Operational Results for Q2 2023
Denison Reports Financial and Operational Results for Q2 2023 Canada NewsWire ...
About this update from Denison Mines Corp.
[{"type":"text","content":"\n \n \n \n Denison Reports Financial and Operational Results for Q2 2023\n \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 Canada NewsWire\n \n \n \n \n \n \n \n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Aug. 10, 2023\n \n \n /CNW/ -\n \n Denison Mines Corp.\n \n ('Denison' or the 'Company') (TSX: DML) (NYSE American: DNN) has filed its Condensed Consolidated Financial Statements and Management's Discussion & Analysis ('MD&A') for the quarter ended\n \n June 30, 2023\n \n . Both documents are or will be available on the Company's website at\n \n www.denisonmines.com\n \n , SEDAR+ (at\n \n www.sedarplus.ca\n \n ) and EDGAR (at\n \n www.sec.gov/edgar.shtml\n \n ). The highlights provided below are derived from these documents and should be read in conjunction with them. All amounts in this release are in Canadian dollars unless otherwise stated.\n \n View PDF version\n \n .\n \n \n \n David Cates\n \n , President and CEO of Denison commented,\n \n \n \"During the second quarter, Denison achieved a further notable milestone associated with the advancement of our flagship Wheeler River Project ('Wheeler River') with the completion of (i) a highly successful Feasibility Study ('Phoenix FS') evaluating the use of In-Situ-Recovery ('ISR') mining for the high grade\n \n Phoenix\n \n uranium deposit ('\n \n Phoenix\n \n '), and (ii) a positive cost update ('Gryphon Update') to the Pre-Feasibility Study ('PFS') for the underground mine planned for the Gryphon uranium deposit ('Gryphon').\n \n \n \n \n \n \n As outlined in the Phoenix FS, Denison has successfully completed several years of technical de-risking, which has cemented\n \n Phoenix's\n \n position as one of the lowest-cost uranium development projects in the world. Notably, the economics of\n \n Phoenix\n \n as an ISR mining operation remain exceptionally robust, despite industry-wide cost inflation, while most contemporary uranium development projects have not yet been tested against current cost inflation. The recent results of the Phoenix FS and Gryphon Update illustrate Denison's unique...