Wheeler River is an undeveloped uranium project in the eastern portion of the Athabasca Basin in northern Saskatchewan. Credit: RHJPhtotos via Shutterstock.com.

Denison Mines has entered a sustainable communities investment agreement with four municipalities in Northern Saskatchewan, Canada.

The investment agreement was signed with the municipalities of the Northern Village of Beauval, the Northern Village of Île-à-la Crosse, the Northern Hamlet of Jans Bay and the Northern Hamlet of Cole Bay.

This move by Denison to support community-led objectives is in line with the development of its Wheeler River project.

Wheeler River is an undeveloped uranium project in the eastern portion of the Athabasca Basin in northern Saskatchewan.

It hosts two high-grade uranium deposits – Phoenix and Gryphon – and sits near key regional infrastructure including the provincial electrical transmission grid and an all-season provincial highway.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Tick here to opt out of curated industry news, reports, and event updates from Mining Technology.

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

These initiatives focus on enhancing economic prosperity and sustainability, with an emphasis on economic development, capital projects, job creation and training, housing and education.

The shared objective of the agreement also ensures that the local businesses and workers are well-positioned to benefit from the opportunities presented by the Wheeler River project.

Denison Mines president and CEO David Cates said: “This agreement builds upon a foundation of trust and respect established between Denison and the municipalities of Beauval and Île-à-la Crosse with the signing of a memorandum of understanding in 2018 and 2017, respectively.

“As Wheeler River has progressed over the last several years, we have listened to, understood, and responded to the interests of the communities.

“This agreement uniquely reflects the communities’ own vision for industry to support a positive legacy of sustainable northern communities. We thank the communities’ leaders and constituents for their support and trust in Denison, and we look forward to a long and mutually beneficial relationship.”