Denison Reports CNSC Hearing Dates for Phoenix ISR Project

Core Viewpoint - Denison Mines Corp. has announced the schedule for the public hearing regarding the Wheeler River Uranium Project, marking a significant step in the federal approval process for the project's Environmental Assessment and construction license [1][2][3] Regulatory Milestones - The announcement follows the successful completion of key regulatory milestones in late 2024, including the completion of the technical review phase of the federal Environmental Assessment in November, acceptance of the final Environmental Impact Statement in December, and the CNSC's determination of the sufficiency of Denison's license application [2] Project Timeline - The public hearing is scheduled for October 8, 2025, and December 8 to 12, 2025, with the potential for construction activities to commence in early 2026 if the CNSC approves the project promptly after the hearing [1][3] Company Insights - David Cates, President and CEO of Denison, emphasized that the hearing schedule reduces uncertainty regarding the timeline for federal project approvals and allows for more precise construction planning, aiming for first production from the Phoenix project by the first half of 2028 [3] Company Overview - Denison is a leading uranium mining, development, and exploration company with a 95% interest in the Wheeler River Uranium Project, the largest undeveloped uranium project in the eastern Athabasca Basin [4] - The company has also achieved notable milestones in permitting efforts for the Phoenix ISR operation, which began in 2019 [4] Joint Ventures and Interests - Denison holds a 22.5% interest in the McClean Lake Joint Venture and a 25.17% interest in the Midwest Joint Venture, along with a 69.44% interest in the Tthe Heldeth Túé and Huskie deposits [5] - The company also has a 50% ownership in JCU (Canada) Exploration Company, which includes interests in various uranium project joint ventures across Canada [6]