Canada Regulator Issues Licence For Site Preparation At Wheeler River

The Canadian Nuclear Safety Commission (CNSC) has granted Denison Mines Corp a licence for site preparation and construction of its Phoenix mine at the Wheeler River uranium project. This marks the first large-scale Canadian uranium mine approved for construction in over 20 years and the first to use in-situ recovery (ISR) mining in Canada. The licence is valid until February 28, 2031, for site preparation and construction, with operational approval requiring a future licensing hearing.

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