Denison Mines Inc.

Denison Mines Inc.

March 24, 2005 14:59 ET

Denison Mines Inc.: Leave to Appeal the Decision Upholding McClean Licence Denied


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DENISON MINES INC.

TSX SYMBOL: DEN

MARCH 24, 2005 - 14:59 ET

Denison Mines Inc.: Leave to Appeal the Decision
Upholding McClean Licence Denied

TORONTO, ONTARIO--(CCNMatthews - March 24, 2005) - Denison Mines Inc.
(TSX:DEN) is pleased to announce that the Supreme Court of Canada has
dismissed with costs the Plaintiff's request to appeal the June 2004
Federal Court of Appeal decision that upheld the validity of the McClean
Lake uranium facility's operating licence. As a result, any uncertainty
concerning the validity of the McClean Lake facility's operating licence
has been eliminated.

About Denison

Denison Mines Inc. is a uranium exploration, development and production
company whose principal asset is a 22.5% interest in one of the world's
largest uranium facilities at McClean Lake in Northern Saskatchewan and
its 25.17% interest in the Midwest Uranium Project. It is also engaged
in mine decommissioning and environmental services through its Denison
Environmental Services division.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Denison Mines Inc.
    E. Peter Farmer
    President and Chief Executive Officer
    (416) 979-1991 Ext. 231
    www.denisonmines.com