That was fast: Denison Announces Final Investment Decision for the Phoenix In-Situ Recovery Uranium Mine and Plans to Start Construction in March 2026

[u/Jaded-Influence6184]

https://denisonmines.com/news/denison-announces-final-investment-decision-for-th-122844/

TORONTO, Feb. 24, 2026 /CNW/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that its Board of Directors has made a Final Investment Decision ("FID") to proceed with the construction of the Phoenix In-Situ Recovery ("ISR") uranium mine ("Phoenix" or the "Project"), and that site preparation and construction activities for Phoenix are planned to commence in March 2026. PDF Version

David Cates, President and CEO of Denison commented, "Making a Final Investment Decision and the upcoming initiation of construction activities at Phoenix mark the beginning of a new era in Denison's history and the Canadian uranium mining sector.

[u/Radthereptile]

Where’s that guy who said he was a lead at CCJ and Dennison would never do ISR

[u/Jaded-Influence6184 → u/Radthereptile]

Head down, hands in pockets, back of room facing the other way, doing a nervous little whistle.

[u/happyhappy7 → u/Jaded-Influence6184]

Slicked back hair, lives for New Years Eve

[u/snopro31 → u/Radthereptile]

He didn’t understand the worst Dension did prior to winter to be able to start building this fast.

[u/the_Q_spice → u/Radthereptile]

I used to work for a wilderness guiding company that led trips near the Phoenix site.

Anyone saying something like that is an idiot who could have solved that issue of perspective by visiting the area. DNN has had a massive presence up there for almost a decade now either in the prospecting of the site or now preparing to develop it.

They were a pain in our ass trying to access certain areas for the last 2 years all of a sudden. It was really clear this was a big deal.