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Denison Mines Corp T.DML

Alternate Symbol(s):  DNN

Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22.5% ownership interest in the McClean Lake joint venture (MLJV), which includes several uranium deposits and the McClean Lake uranium mill. It also holds a 25.17% interest in the Midwest Main and Midwest A deposits, and a 67.41% interest in the Tthe Heldeth Tue (THT) and Huskie deposits on the Waterbury Lake property. The Company, through JCU (Canada) Exploration Company, Limited, holds indirect interests in the Millennium project, the Kiggavik project, and the Christie Lake project. It also offers environmental services. The Company also uses MaxPERF drilling tool technology and systems.


TSX:DML - Post by User

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Post by jc257on Sep 28, 2010 10:45am
530 Views
Post# 17500729

Not a significant news

Not a significant news
Nevertheless, worth a look


Completion of Airborne Gravity Survey on the Snowbird-South Dufferin Projects
JNR RESOURCES INC ("JNN-V") DENISON MINES CORP ("DML-T;DNN-ABHDP3") - Completion of Airborne Gravity Survey on the - Snowbird-South Dufferin Projects

JNR Resources Inc. (the 'Company') as operator, has completed an airborne gravity gradient survey over JNR's 100% owned Snowbird project (six claims, 25,192 ha) and the 34% owned South Dufferin joint venture (2 claims, 8,240 ha) with Denison Mines. The results of this survey are being processed and integrated with prior ground and airborne geophysical programs to further define drill targets.

Preliminary results of the 875 line-km aircraft-borne full tensor 3D gravity gradient survey clearly show that this program was successful in better defining the structural setting of both properties. Several 'zones of interest' outlined within the Snowbird and South Dufferin claims lie along extensive corridors of well-defined, structurally-disrupted basement conductors. The corridors are typically 2 to 10 km in strike length. These properties are now at a drill-ready stage with numerous high-priority targets identified.

The Snowbird and South Dufferin project areas are contiguous and straddle the southern edge of the Athabasca Basin directly along the Snowbird tectonic zone. This major transcrustal structural feature includes the southwest strike extension of the Virgin River shear, which hosts Cameco's Centennial Zone 20 to 25 km along strike to the north east. Neither the Snowbird nor South Dufferin properties have been drill tested previously by any company, including JNR.

JNR Resources is a junior exploration company primarily focused on uranium exploration and development in the provinces of Saskatchewan and Newfoundland. The company has a varied interest in several prospective uranium properties in the Athabasca Basin of northern Saskatchewan that have been and will continue to be the focal point of JNR's exploration efforts.

JNR's Director of Exploration, Dr. Irvine R. Annesley, P.Geo, is the qualified person responsible for the technical data presented in this release. All technical information for the Company's exploration projects is obtained and reported under a formal quality assurance and quality control program, details of which are presented on the Company's website at: www.jnrresources.com/i/pdf/JNR-QAQC.pdf. A glossary of the technical terms included in this release can be found on the Company's website at: www.jnrresources.com/s/Glossary.asp. ON BEHALF OF THE BOARD

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