Denison Mines (“Denison” or the “Company”) (TSX:DML)(NYSE MKT:DNN)(NYSE American:DNN) is pleased to announce a significant increase in the number of drill holes to be completed during the summer 2017 exploration program on the Company’s 60% owned Wheeler River project.
The summer 2017 program is now expected to continue into October and will be increased by approximately 16 drill holes (6,500 metres). As a result of the increase, the summer exploration program is now expected to include a total of approximately 62 drill holes (28,000 metres).
The summer 2017 drilling program has focused on the infill and expansion of the Gryphon deposit, and has already resulted in the successful expansion of the A, B and D series of mineralized lenses, as well as the recognition and expansion of the new E series lenses.
Most notably, the D and E series lenses are not included in the current resources estimated for the Gryphon deposit, and the expansions of the A and B series lenses also occur outside of the current resources.
The additional drill holes planned for the remainder of the summer 2017 drilling program are designed to continue the successful expansion of high-grade mineralization in priority target areas – with potential to convert drill results into resources. As a result, the drilling is expected to be completed on a spacing with the potential to add indicated or inferred resources to the Gryphon deposit ahead of the resource estimate scheduled for later in the year, and the Pre-Feasibility Study (“PFS”) scheduled for 2018.