Energy

Denison Mines (“Denison” or the “Company”) (TSX:DML)(NYSE MKT:DNN)(NYSE American:DNN) today filed its Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the period ended June 30, 2017. Both documents are available on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents and should be …

Denison Mines (“Denison” or the “Company”) (TSX:DML)(NYSE MKT:DNN)(NYSE American:DNN) today filed its Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the period ended June 30, 2017.
Both documents are available on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents and should be read in conjunction with them. All amounts in this release are in U.S. dollars unless otherwise stated.
David Cates, President and CEO of Denison commented:

“With the spot price of uranium correcting back into the low US$20 per pound U3O8range through the end of the second quarter, we are reminded of the importance of building uranium projects in the future, that can both sustain tough times and take advantage of good times, through the long uranium cycle.
Denison is very fortunate to be fully funded, with over CAD$50 million in cash and GIC’s on the balance sheet at the end of the second quarter, and to have a controlling interest in the largest undeveloped high-grade uranium project in the infrastructure rich eastern portion of the Athabasca Basin.
Wheeler River has already evidenced its potential to be a top tier mine in the future from our PEA in 2016, but also continues to deliver further high-grade and thick intervals in new areas of mineralization at the Gryphon deposit, which illustrate the potential for meaningful resource growth.”

Click here to read the full text release. 

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