Denison recovers uranium using ISR mining method in Athabasca Basin, shares rise

Denison Mines

17/10/2022 16:27

** Uranium exploration and development company Denision
Mines Corp's shares  DML.TO  up 6.9% at C$1.63 - on track for
highest pct increase in over a month
    ** DML recovers uranium at the Wheeler River project in the
Athabasca Basin region in Saskatchewan, Canada  urn:newsml:reuters.com:*:nPnbB5S4Ma
    ** DML used the injected-solution mining (ISR) method, where
a solution is injected into uranium ore to dissolve the
radioactive metal on contact and pumped back to the surface for
extraction
    ** The method doesn't generate waste rock and leaves the
surface undisturbed
    ** DML says Wheeler River is the largest undeveloped uranium
project in the infrastructure-rich eastern portion of the
Athabasca Basin region
    ** Stock down 5.5% YTD so far
 (Reporting by Arshreet Singh in Bengaluru)
 ((Arshreet.Singh@thomsonreuters.com))