Denison: Discovery of 2 New Mineralized Zones at Phoenix Trend

Denison Mines Corp. (TSX:DML, AMEX:DNN) reports the summer drill program has discovered two new mineralized zones at the extreme northeast and southwest edges of the presently defined Phoenix trend.

Drilling to the southwest of the Phoenix trend discovered new mineralization, shown as Zone C on the attached map. WR-328 intersected 9.65% eU₃O₈ over 0.8 m from 374.4 m, with an alteration signature indicating the start of a new zone.

Both these zones are open along strike and confirm Denison’s belief that the Phoenix discovery is a major deposit with now four discrete zones of mineralization over a length of 1,300 metres.

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