{"id":1041790,"date":"2018-09-25T22:06:50","date_gmt":"2018-09-25T22:06:50","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=1041790"},"modified":"2018-09-25T22:06:50","modified_gmt":"2018-09-25T22:06:50","slug":"denison-mines-flags-first-deposit-for-isr-mining-in-the-athabasca-basin-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1041790","title":{"rendered":"Denison Mines flags first deposit for ISR mining in the Athabasca basin"},"content":{"rendered":"<p><span style=\"font-style:italic;font-size:16px\">By  <a target=\"_blank\" href=\"http:\/\/www.mining.com\/denison-mines-flags-first-deposit-isr-mining-athabasca-basin\/\">MINING.com Editor<\/a><\/span>  <\/p>\n<p>Denison Mines (TSX: DML) named the in-situ recovery (ISR) mining method for the <a target=\"_blank\" href=\"https:\/\/denisonmines.com\/news\/2018\/denison-reports-results-from-wheeler-river-pfs-in-122669\/\">development of the Phoenix deposit<\/a> Saskatchewan Wheeler River uranium project, in the heart of the Athabasca basin.<\/p>\n<p>Canada&#8217;s Athabasca Basin has become the prime destination for high-grade uranium, with grades in excess of 100x global averages, <q>Canada&#8217;s Athabasca Basin has become the prime destination for high-grade uranium, with grades in excess of 100x global averages <\/q>and the moves makes it the first deposit identified for ISR mining in the area.<\/p>\n<p>The PFS also discusses co-developing the Phoenix and Gryphon deposits. While the Phoenix deposit is designed as an ISR operation, the Gryphon deposit is designed as an underground mining operation at Denison&#8217;s 22.5% owned McClean Lake mill.  Taken together, the project is estimated to have mine production of 109.4 million pounds of Uranium over a 14-year mine life.<\/p>\n<p>Denison&#8217;s PFS produces a combined pre-tax project NPV of $1.41 billion \u2013 a nearly 275% increase from the $513 million pre-tax project NPV estimated in 2016.<\/p>\n<p>&#8220;The selection of ISR mining for the high-grade Phoenix deposit is a defining moment for our company and a potentially transformational development for the future of uranium mining in the Athabasca Basin- bringing the world&#8217;s lowest cost uranium mining method to the jurisdiction hosting the world&#8217;s highest-grade uranium deposits,&#8221; David Cates, Denison&#8217;s, president and CEO said in a statement. <strong><em> <\/em><\/strong><\/p>\n<\/p>\n<p>The post <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.mining.com\/denison-mines-flags-first-deposit-isr-mining-athabasca-basin\/\">Denison Mines flags first deposit for ISR mining in the Athabasca basin<\/a> appeared first on <a target=\"_blank\" rel=\"nofollow\" href=\"http:\/\/www.mining.com\/\">MINING.com<\/a>.<\/p>\n<p> <a href=\"http:\/\/www.mining.com\/denison-mines-flags-first-deposit-isr-mining-athabasca-basin\/\" target=\"_blank\" id=\"rssmi_more\"> &#8230;read more<\/a> <\/p>\n<p>From:: <a href=\"http:\/\/www.mining.com\/denison-mines-flags-first-deposit-isr-mining-athabasca-basin\/\" target=\"_blank\" title=\"Denison Mines flags first deposit for ISR mining in the Athabasca basin\">Infomine<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By MINING.com Editor Denison Mines (TSX: DML) named the in-situ recovery (ISR) mining method for the development of the Phoenix deposit Saskatchewan Wheeler River uranium project, in the heart of the Athabasca basin. Canada&#8217;s Athabasca Basin has become the prime destination for high-grade uranium, with grades in excess of 100x global averages, Canada&#8217;s Athabasca Basin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[360],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1041790"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1041790"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1041790\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1041790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1041790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1041790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}