Kiggavik
Mining
Type
Exploration
Status
🇨🇦 Canada, Nunavut
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Other
Report standard:
Other
Ownership %:
16.91
Ownership %:
16.91
Operator:
No
Operator:
No
Operator name:
Orano Canada Inc.
Operator name:
Orano Canada Inc.
Interest type:
-
Interest type:
-
Interest rate:
-
Interest rate:
-
Extraction:
Underground
Extraction:
Underground
Interest conditions:
Indirect via JCU 33.8118% interest; JCU 50% owned by Denison; operator is Orano Canada. Treated as historical estimate per AIF footnote 12 — cut-off grades and other assumptions unknown to Denison.
Description
As at 31 December 2025
Kiggavik is a uranium exploration project located in Nunavut (not in the Athabasca Basin). Held by Denison's interest in JCU (Canada) Exploration Company, with JCU holding 33.8118% (operated by Orano Canada; other JV partners include Urangesellschaft Canada Ltd.). Denison's effective indirect interest is ~16.91% (50% × 33.8118%). Mineral resources as reported by Orano SA in its 2023 Activities Report, converted from %U to %U3O8 and from tonnes U to pounds U3O8.
Mining metrics
As at 31 December 2025
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