Uranium explorer and development company Denison Mines has extended the new high grade unconformity-hosted mineralisation up-dip and about 250 m along strike to the northeast of the Gryphon deposit, which is part of the 60%-owned Wheeler River uranium project, in the Athabasca Basin of Northern Saskatchewan.
The Toronto-based company said it has completed a 30-hole drilling campaign over the summer months totalling 12 466 m, which has returned preliminary radiometric equivalent grades (eU3O8) from drill hole WR-670D2 of 4.3% over an interval of 4.3 m, from mineralisation occurring immediately above the sub-Athabasca unconformity.
