Northwire Canada EditionThursday, October 15, 2026
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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Drill Results Routine +

Skyharbour begins drilling at Getty E JV with Denison

Denison’s JV partner drill start signals continued exploration momentum, but execution risk remains on flagship Phoenix.

By The Northwire Desk — AI Analysis Oct 07, 2026 · 17:17 DML · 3.66 Denison Mines Corp.
Executive Summary

Skyharbour Resources has begun the first phase of its 2026 drilling program at the Getty East uranium joint venture within the Russell Lake project area in Northern Saskatchewan. The initiative is fully financed by Denison Mines Corp. (DML) under its earn-in option and comprises approximately 3,600 metres of diamond drilling across 10 to 12 holes. Drilling targets include the Little Man uranium zone and the interpreted extension of the Middle Lake trend.

This work contributes to a broader, planned plus-15,000-metre, multiphased drill campaign at Russell in 2026. Denison holds a 30% interest in Getty East and can earn up to 70% through $15-million in staged exploration spending over seven years. The release highlights historical high-grade uranium intersections on adjacent Cameco-owned claims and notes that geophysical surveys have been completed to prioritize targets.

Material Impact

Denison is funding the current drill program pursuant to its existing earn-in option, meaning the capital deployment was already priced into the joint venture structure. The news does not alter the timeline, capital expenditure, or production profile of Denison's flagship Phoenix ISR mine.

DML · Price
Company Overview

Denison Mines Corp. (DML) is a uranium development and exploration company headquartered in the Athabasca Basin, Northern Saskatchewan. Its flagship Wheeler River Project holds a 95% effective interest and comprises the Phoenix In-Situ Recovery (ISR) mine and the Gryphon underground deposit. Phoenix is Canada's first new large-scale uranium mine approved for construction in over 20 years, utilizing ISR technology.

The company holds a 22.5% interest in the McClean Lake Joint Venture, which includes the mill and the McClean North mine. Its development and exploration assets include the Midwest Project (25.17%), the Waterbury Lake Project (70.55%), and a broad exploration portfolio that includes interests via JCU, Cosa, Skyharbour, and Foremost.

Read the original news release →

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M&A / Property