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UPDATE: Denison Mines Reports 2013 Exploration, Development Plans; Stock Gains 3%, Hits Day Highs

Denison Mines Corp. (DML.TO) said that its 2013 exploration plans are focused on the Athabasca Basin with over 44,000 metres of drilling planned, a 25% increase over the amount drilled in 2012.

Ron Hochstein, CEO, said: "The 2013 plan will continue to focus on expanding our 60% owned Wheeler River project resource base and other high priority Athabasca Basin exploration projects will receive more attention than in recent years."

DML rose to $1.38 by 3%, hitting day highs. Over 585,000 DML shares have changed hands.

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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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