SASKATCHEWAN – Toronto’s Denison Mines Corp. reports high assays from the winter 2014 drilling program at the Gryphon zone on the Wheeler River uranium property between the Key Lake mill and MacArthur River mine.
The Gryphon zone is an area of basement hosted uranium mineralization discovered this winter when hole WR-556 intersected 15.3% U3O8 over 4.0 metres. The follow up hole returned 21.2% U3O8 over 4.5 metres. The Gryphon zone is located 3 km northwest of the Phoenix uranium deposit.
The Wheeler River property is owned 60% by Denison (the operator), 30% by Cameco Corp. and 10% by JCU (Canada) Exploration.
Click here for maps of the Gryphon zone or visit DenisonMines.com.