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Denison resumes environmental assessment for Wheeler River

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(Kitco News) - Denison announced Monday it will restart the formal environmental assessment for its Wheeler River uranium project. 

Environmental assessment work was suspended in the spring due to COVID-19.

"With over $29 million in cash on the balance sheet at the end of October, Denison is well funded to resume the Wheeler River EA process and is currently finalizing its plans for the resumption of the EA as part of the Company's 2021 budgeting process," said CEO David Cates. "A key milestone for the EA process in 2021 is expected to be the resumption of community engagement activities, adapted to reflect COVID-19 protocols and best practices, to facilitate information sharing with interested parties."

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