Denison Mines Corp T.DML

Alternate Symbol(s): DNN

Energy

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.

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Denison Mines Corp

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Comment by Majormac79on Apr 18, 2012 10:38pm

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Post# 19810674

RE: RE: The Presentation

WHEELER RIVER POTENTIAL

The Phoenix discovery at Wheeler represents the first stages of a world-class discovery. The chemical and structural oreforming conditions that deposited the Phoenix mineralization continued over a very long time, measured in millions of years, and is evidence of an extremely large alteration "engine". Deposits with these incredible grades are rare in nature, and have only been documented in two other locations – at McArthur River and at Cigar Lake. Wheeler now joins this elite class of deposits. The Phoenix deposit is located in the hanging wall of a rock unit termed quartzite, which is known to extend for over 18 kilometres on the Wheeler River property. To date, only 1.3 kilometres of this structure on the property has been drill tested. The deposit was discovered by drill testing a ground geophysical anomaly arising from a DC-Resistivity survey carried out in 2007. More surveys of the same type have been carried out recently to the southwest of the current drill area. These studies have identified similar anomalies to that tested by the discovery hole.