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Denison Identifies New Area of Interest at Wheeler River, Provides Exploration Update

Denison Mines Corp. (DML.TO) today provided an update on uranium exploration activities at several properties in the Athabasca Basin in northern Saskatchewan.

Highlights of the program include new mineralization intersected north of the Phoenix deposits at Wheeler River and high grade mineralization intersected in infill drill holes.

Wheeler River

A program of both infill and exploration drilling is well underway with two drills at Wheeler River. Eighteen of 28 planned drill holes have been completed.

Additionally, four infill drill holes have been completed in the Phoenix A deposit.

Hatchet Lake

A 2,370 metre drilling program has been completed on the Hatchet Lake property in the northern part of the eastern Athabasca Basin. Hatchet Lake is 50% owned and operated by Denison and 50% owned by Anthem Resources Inc.

Drilling is also underway at a third Denison operated property, Moore Lake (100% Denison), where a total of 12 holes have been completed on two target areas.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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