Denison Mines reports drilling at Wheeler River

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Tue, Jun 30, 2009
Uranium Company News
Post by Melissa Pistilli, Uranium Reporter

Denison Mines Corp. reports ongoing summer drill program at the Wheeler River property, Athabasca Basin, Saskatchewan has significantly extended the previously known uranium mineralization on the eastern portion of the Phoenix discovery.

All drill holes reported to date were drilled at -80 degrees, and while the exact attitude of the mineralization remains uncertain, it is believed, at this time, that the mineralized intervals represent near true widths. All results are reported at a 1.0% eU3O8 cut-off, except for drill hole WR-270 which is at a 0.05% eU3O8 cut-off, based on industry standard down hole probing equipment. Assay results for drill holes WR-270 to 274 will be reported when they have been received.

For full details of this press release, click this link.

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