Denison Announces Stantec & ENGCOMP to Lead Pre-Feasibility Study for Wheeler River Project and Provides Update on Status of Gryphon Resource Estimate

Denison Mines (“Denison” or the “Company”) (TSX:DML)(NYSE MKT:DNN)(NYSE American:DNN) is pleased to announce that it has retained Stantec Consulting (“Stantec”) and ENGCOMP Engineering and Computing Professionals (“ENGCOMP”) to lead and author the Pre-Feasibility Study (“PFS”) for the Wheeler River project, which is the largest undeveloped high-grade uranium project in the infrastructure rich eastern portion of the Athabasca Basin region in northern Saskatchewan.

In addition to the Company’s in-house project development team, Denison has assembled a group of leading engineering and consulting firms, with mine development, metallurgical, and environmental experience applicable to the development of a large-scale uranium mining operation in northern Saskatchewan, to support the completion of the PFS for the Wheeler River project.

The purpose of the PFS is to establish the best economic options for the development of Wheeler River’s Gryphon and Phoenix deposits into a large scale, low cost uranium mining operation.

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