Denison Mines Corp. (TSX:DML,NYSE:DNN) announced results from the completed 2012 drilling programs on the Wheeler River uranium property in Canada.
As quoted in the press release:
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. Denison is encouraged by these results and expects to prepare updated Mineral Resource estimates for the Phoenix deposits later this year.
A total of 27,263 metres was drilled in 58 holes at Wheeler River in 2012. Most of the drill holes (51) targeted mineralization at the Phoenix A and B deposits. The other seven tested regional targets.