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Phoenix High-Grade Uranium Deposit Continues to Encounter Significant Results
Mar. 16, 2010 03:43PM PST
Company NewsDenison Mines reports that the initial drill results of the winter drill 2010 program at Wheeler River have significantly expanded high-grade uranium mineralization at the Phoenix deposit.
Two holes (WR-299 and 300) returned intersections of 8.88% eU3O8 and 30.19% eU3O8 over 3.7 and 2.5 metres respectively, expanding the deposit to the northeast. A third hole (WR-302) returning 18.49% eU3O8 over […]
Denison Mines reports that the initial drill results of the winter drill 2010 program at Wheeler River have significantly expanded high-grade uranium mineralization at the Phoenix deposit.
Two holes (WR-299 and 300) returned intersections of 8.88% eU3O8 and 30.19% eU3O8 over 3.7 and 2.5 metres respectively, expanding the deposit to the northeast. A third hole (WR-302) returning 18.49% eU3O8 over 3.2 metres was drilled on section from previous hole WR-272 which intersected 4.13% U3O8 over 4.5 metres, thereby expanding the Phoenix Zone A to the southwest. A fourth hole, WR-301 extended the width of the deposit. Please see attached map and table below (all grades listed in table below are reported as equivalent probe grades).
For complete press release, click here.