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Denison Announces Further Extension of High-Grade "Huskie" Zone at Waterbury Lake With Final Summer Drill Holes
Denison Mines (“Denison” or the “Company”) (TSX:DML)(NYSE MKT:DNN)(NYSE American:DNN) is pleased to report the completion of the summer exploration drilling program at Waterbury Lake, with the final five drill holes returning multiple additional high-grade intersections. The high-grade and basement-hosted uranium mineralized zone has now been expanded to the extent of the current drilling – measuring …
Denison Mines (“Denison” or the “Company”) (TSX:DML)(NYSE MKT:DNN)(NYSE American:DNN) is pleased to report the completion of the summer exploration drilling program at Waterbury Lake, with the final five drill holes returning multiple additional high-grade intersections.
The high-grade and basement-hosted uranium mineralized zone has now been expanded to the extent of the current drilling – measuring approximately 100 metres in strike length. The results from the final drill holes of the summer program were highlighted by 1.0% eU3O8 over 7.6 metres (including 4.6% eU3O8 over 1.4 metres) in drill hole WAT17-449, and 0.8% eU3O8 over 7.9 metres (including 3.3% eU3O8 over 1.0 metre and 1.3% eU3O8 over 1.0 metre) in drill hole WAT17-450A.
David Cates, Denison’s President and CEO, commented:
“The Huskie zone is an exciting addition to Denison’s eastern Athabasca Basin focused exploration and project development portfolio. Huskie is locatedin close proximity to regional infrastructure and other strategic Denison assets,including the McClean Lake milland deposits(22.5% Denison), J Zone deposit (64.22% Denison) and the Midwest deposits(25.17% Denison).
Thisdiscovery, together with continued exploration successon the Company’s flagship Wheeler River project,speaks to the skill and commitment of our Saskatoon based exploration team, and delivers on our strategy of focussing our exploration spending on a select group of high-priority projects with potential for high-impact results.”
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