Canadian Mining Journal

News

URANIUM: Denison lengthens strike of Gryphon D lenses at Wheeler River



SASKATCHEWAN – Denison Mines Corp. of Toronto says results from 13 additional drill holes at the Wheeler River uranium project in the Athabasca Basin has expanded the strike length of the D series mineralized lenses immediately north and northwest of the Gryphon deposit. Denison is the 60% owner and operator of the project, a joint venture with Cameco Corp. (30%) and JCU (Canada) Exploration Co. (10%).

The D series lenses occur within 200 metres of the Gryphon deposit. The most recent results included 9.39% U3O8 over 1.6 metres, 1.16% over 1.8 metres, 1.21% over 5.3 metres, 2.26% over 1.2 metres and 0.68% over 3.1 metres.

Denison is planning follow-up drilling in the coming weeks on the basement hosted mineralization discovered earlier this summer on the K-West conductive trend. The K-West trend is parallel with an about 500 metres west of the K-North conductive trend that hosts the Gryphon deposit. The Gryphon deposit is open and expected to grow was drilling continues.

Detailed results from the latest drill holes is posted at www.DenisonMines.com in the news release dated Sept. 7, 2016.