Denison Releases Management Change, Announces Start of 2015 Athabasca Exploration

Denison Mines (TSX:DML) announced David Cates – the former vice-president finance and tax as well as the chief financial officer – has been appointed the president as well as the CFO of the company. The company also announced the start of its 2015 uranium exploration programs in the Athabasca Basin with $15.8 million budgeted from the company for it.

According to the press release:

David Cates, formerly Vice President Finance & Tax and Chief Financial Officer, has been appointed President and Chief Financial Officer of the Company. This appointment increases the scope of the operational management responsibilities included in Mr. Cates’ portfolio of responsibilities. Ron Hochstein remains Chief Executive Officer of the Company.

Denison is also pleased to announce that its 2015 uranium exploration programs in the Athabasca Basin have begun. During the year, Denison and its joint venture partners are planning to drill approximately 70,000 metres on the Company’s properties

Ron Hochstein, CEO of Denison, said:

Denison’s 2015 exploration plan for the Athabasca Basin is fully funded and focuses on expanding the Gryphon Zone discovery on the Company’s flagship Wheeler River property, and exploring other high priority properties with the potential for additional new discoveries.

Click here to read the Denison Mines (TSX:DML) press release