Waterfound
Mining
Type
Exploration
Status
🇨🇦 Canada, Saskatchewan (Athabasca Basin (uranium))
Country
Project information
As at 31 December 2025
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Ni 43 101
Report standard:
Ni 43 101
Ownership %:
24.68
Ownership %:
24.68
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:
Denison 11.78% direct + ~12.90% indirect via JCU; Orano Canada operator and JV partner.
Description
As at 31 December 2025
Waterfound is a uranium exploration project in the Athabasca Basin comprising 25 mineral claims over 11,670 ha. Denison's effective ownership at December 31, 2025 is 24.68% (11.78% direct + 12.90% indirect via 50% JCU). Operator is Orano Canada. 2025 drilling: 11,153 m (19 holes) plus geophysical survey.
Mining metrics
As at 31 December 2025
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