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Denison Mines posts investor deck on Phoenix ISR uranium mine buildout, broader Athabasca Basin project portfolio

PUBT·07/07/2026 13:42:15
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Denison Mines posts investor deck on Phoenix ISR uranium mine buildout, broader Athabasca Basin project portfolio
  • Denison Mines highlighted Phoenix ISR at Wheeler River, noting site preparation began in March 2026; first production targeted for mid-2028.
  • Phoenix post-FID capex updated to CAD 600 million; total capex estimated at about CAD 700 million; post-tax NPV8% estimated at CAD 1.57 billion.
  • Cash operating costs estimated at USD 6.28/lb U3O8; all-in cost estimated at USD 18.41/lb.
  • Balance sheet showed about CAD 670 million in cash, physical uranium, and investments as of March 31, 2026; cash and cash equivalents were CAD 418 million.
  • Physical uranium holdings totaled 1.85 million lbs valued at about CAD 216 million; sales price fixed for 950,000 lbs through Q2 2027 at USD 92.05/lb.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Denison Mines Corp. published the original content used to generate this news brief on July 07, 2026, and is solely responsible for the information contained therein.