Denison Mines' Phoenix Uranium Project Reaches 24% Completion

Bitget2026/11/04 23:41

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Denison Mines’ Phoenix in-situ recovery uranium project reached 24% completion as of September 30, 2026, following its first full-scale construction quarter.
Construction completion and first production remain targeted for the second half of 2028.
Forecast 2026 project expenditures total CAD 278.6 million, compared with CAD 161.1 million spent through September.
Site civil work was nearly 50% complete by October’s end, supporting process plant building construction over winter.
Exploration at Phoenix North intersected uranium mineralization over 100 meters of strike length within the mine site’s surface footprint.

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 via CNW (Ref. ID: 202611041811CANADANWCANADAPR_C2075) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Denison Mines' Phoenix Uranium Project Reaches 24% Completion

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