Denison Mines Reports 2012 Drilling Results from the Wheeler River Property, Saskatchewan

Energy Investing

Denison Mines Corp. (TSX:DML) announced results from the completed 2012 drilling programs on the Wheeler River property in Saskatchewan. Highlights include intersections that have expanded the Phoenix B uranium deposits including WR-474 which intersected 18.37% eU3O8 over 4.4 metres and WR-478 which intersected 21.74% eU3O8 over 1.6 metres.

As quoted in the press release:

At Phoenix A, new mineralization since the previous release (February 28, 2012) was intersected along interpreted cross structures in drill holes WR-446 (1.32% eU3O8 over 1.5 metres) and WR-454 (0.43% U3O8 over 5.5 metres and 0.76% U3O8 over 5.0 metres). These results complement results reported in the February 2012 news release that include WR-435 (25.80% eU3O8 over 4.9 metres) and WR-437 (27.00% eU3O8 over 3.7 metres), both of which were drilled on a bulge in the deposit that is interpreted as a structural intersection.
Drilling at Phoenix B was primarily designed to increase the drilling density to that at Phoenix A and to locate extensions of previously known mineralization. Highlights include high grade unconformity mineralization in several holes, including WR-474 (18.37% eU3O8 over 4.4 metres) and WR-478 (21.74% eU3O8 over 1.6 metres).

Click here to read the Denison Mines (TSX:DML) press release