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June 17, 2014
08:44 EDTDNNDenison Mines announce Phoenix uranium deposit estimate over 70M pounds
Denison Mines announced an updated mineral resource estimate for the high grade Phoenix uranium deposit on its Wheeler River project in Northern Saskatchewan. Since the previous mineral resource estimate in 2012, Denison has completed 25 drill holes at Phoenix to convert inferred mineral resources to indicated, and to extend higher grade portions of the deposit. The result of these efforts is an increase in the total indicated mineral resource estimate from 52,300,000 lbs U3O8 to 70,200,000 lbs U3O8 based on 166,400 tonnes of mineralization at an average grade of 19.13% U3O8. This is a 34% increase in indicated lbs U3O8 over the 2012 estimate. Additionally, the total inferred mineral resource is now estimated to contain 1,100,000 lbs U3O8 based on 8,600 tonnes of mineralization with an average grade of 5.80% U3O8.
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July 29, 2014
09:33 EDTDNNDenison Mines reports initial summer drilling results from Gryphon zone
Denison Mines reports initial results from the 2014 summer drilling program at the Gryphon zone on the Wheeler River property in the Athabasca Basin of Saskatchewan. Ten of a planned 20 drill holes have been completed to date, including the extension of two historic drill holes. The extension drill holes ZK-04EXT and ZK-06EXT, along with WR-565, have tested geological targets up dip of the main mineralized zones on the original discovery section. The other seven holes are systematic 50 metre step-outs down dip and along strike of the previously reported mineralization in WR-556 and WR-560. The highlight from the summer program so far is drill hole WR-569A which intersected a wide zone of alteration and mineralization with several high grade intervals, including 9.41% eU3O8 over 3.7 metres and 5.27% eU3O8 over 5.9 metres. WR-569A is located 40 metres along strike southwest and 40 metres up dip of drill hole WR-556 which intersected 15.3% U3O8 over 4.0 metres and was the Gryphon zone discovery drill hole.

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