Denison Mines Corp. engages in uranium mining and related activities in Canada, Mali, Namibia, Zambia, and Mongolia. The company is involved in the acquisition, exploration, and development of uranium properties; and extraction, processing, and sale of uranium. Properties McClean Lake McClean Lake is comprised of various uranium deposits and a mill located on the eastern edge of the Athabasca Basin in northern Saskatchewan, approximately 750 kilometres north of Saskatoon. This property is owned by the company (22.5%) and its joint venture partners, AREVA Resources Canada Inc. (ARC) (70.0%) and OURD Canada Co., Ltd. (OURD) (7.5%). The mineral property consists of 4 mineral leases covering an area of 1,088 hectares and 13 mineral claims covering an area of 3,111 hectares. Wheeler River Property The company has a 60% interest in the Wheeler River Joint Venture consisting of 19 unsurveyed mineral claims totaling 11,720 hectares in northern Saskatchewan. The other partners are Cameco (30%) and JCU (Canada) Exploration Company, Limited (JCU) (10%). Waterbury Lake Property The Waterbury Lake property is located in northern Saskatchewan and is jointly owned by the company (60%) and Korea Waterbury Uranium Limited Partnership (KWULP) (40%). Waterbury Lake property is a 40,256 hectare collection of 13 irregularly shaped contiguous claims and 1 separate claim in the eastern Athabasca Basin of northern Saskatchewan, Canada. The property is located approximately 12 km north of Points North Landing and 700 km northeast of Saskatoon, Saskatchewan. Mutanga Project, Zambia The company’s 100% owned Mutanga Project is comprised of the Mutanga, Dibwe and Dibwe East deposits plus other exploration areas. The property is comprised of two mining licences (13880-HQ-LML and 13881-HQ-LML) encompassing 457.3 square kilometres. Other Properties The company also holds a portfolio of exploration and development property interests in the Athabasca Basin including the following: Moore Lake (100%), Hatchet Lake (58.06%), Crawford/Bachman Lake (100%), Johnston Lake, Bell Lake (100%) and Mann Lake (30%). Moore Lake: The Moore Lake property comprises 12 contiguous claims totaling 35,705 hectares. Bell Lake: The Bell Lake project consists of nine claims totaling 26,550 hectares. Hatchet Lake Project: The property consists of 11 claims, totaling 33,930 hectares. Johnston Lake: The Johnston Lake project is located approximately 40 km west of Points North and is accessible by float or ski plane. The property consists of seven claims totaling 24,598 hectares. The company also has other projects located in the Athabasca Basin including: Brown Lake (100%), Candle (43.81%), Darby (58.42%), Ford Lake (100%) Jasper Lake (100%), Lynx (58.42% Denison), Marten (50%), Moon Lake (58.42%), Packrat (100%), Perpete Lake (100%), Stevenson River (100%), Torwalt Lake (100%), Turkey Lake (100%), Waterfound North (58.42%), and Wolverine (50%). History Denison Mines Corp. was founded in 1996. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp. in 2006.
denison mines corp (DML:Toronto)
Atrium on Bay
595 Bay Street
Toronto, ON M5G 2C2
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