Denison Mines Advances Phoenix Project and Reports Positive Results at Murphy Lake North

Denison Mines secured regulatory approval for its Phoenix in situ recovery uranium mine at Wheeler River, with site work expected to begin shortly. The company also approved a final investment decision for Phoenix and awarded a construction management contract. Separately, the Murphy Lake North joint venture reported positive radioactivity results from recent exploration work. These milestones add detail to Denison's project story and help clarify timing, capital needs, and production plans.