Denison Intersects Additional High Grade Intersects

Resource Investing News

Denison Mines Corp. (TSX:DML) announced additional high grade intersections in three more drill holes at the Phoenix A deposit from the recently completed summer drilling program at the Wheeler River property. The company also reported that chemical assays have confirmed the very high grades reported previously for drill hole WR-525 along the western margin of the deposit.

According to the company’s press release:

A total of 11,074 metres was completed in 23 drill holes during the summer drilling program at Wheeler River, which is now complete. The inset in the attached figure shows the location of the drilling areas relative to the Phoenix deposits. The highlights of the program are summarized in the table and discussed in more detail below. The table also provides assay updates for previously reported down hole probe results.

Wheeler River Summer 2013 Drilling Highlights and Assay Updates
		Down Hole Radiometric Probe				Assay
Hole-ID	Area	From(m)	To(m)	Length(m)	eU3O8(%)¹	From(m)	To(m)	Length(m)	U3O8(%)
WR-496*	PHX A	410.4	413.9	3.5	36.3	407.5	415.5	8.0	20.0
WR-498*	PHX A	405.4	408.5	3.1	24.1	404.1	412.6	8.5	10.9
WR-499*	PHX A	407.5	410.1	2.6	14.8	405.5	413.5	8.0	7.3
WR-501*	PHX A	406.0	409.0	3.0	13.5	Core Recovery <80%, Probe Results Retained
and	PHX A	411.0	412.0	1.0	3.0	Core Recovery <80%, Probe Results Retained
and	PHX A	Below 1%				424.0	429.0	5.0	0.5
WR-518*	489 Zone	411.1	414.3	3.2	0.3	411.0	414.0	3.0	0.4
WR-523	PHX A	405.2	406.2	1.0	0.1	Core Recovery <80%, Probe Results Retained
and	PHX A	412.6	414.6	2.0	0.1	412.0	415.0	3.0	0.1
WR-525	PHX A	401.6	411.9	10.3	43.2	400.5	412.5	12.0	43.8
WR-527	PHX A	403.5	405.2	1.7	16.4	Core Recovery <80%, Probe Results Retained
WR-528	PHX A	403.7	406.8	3.1	13.0	Core Recovery <80%, Probe Results Retained
WR-533	PHX A	407.1	411.6	4.5	1.5	Pending
WR-534	PHX A	407.7	410.8	3.1	10.3	Pending
WR-535	PHX A	404.9	407.4	2.5	19.0	Pending
and	PHX A	408.1	409.1	1.0	1.4	Pending
¹ – eU3O8 is radiometric equivalent uranium oxide calculated from a total gamma down-hole probe
* – Probe results previously reported