03:43 PM EST - Denison Mines Corp. : announced an updated Mineral Resource Estimate for the high grade Phoenix A and Phoenix B uranium deposits on its Wheeler River project in Northern Saskatchewan. For the combined Phoenix A and B deposits, the total Indicated Mineral Resource is estimated to contain 52,300,000 lbs U3O8 based on 152,400 tonnes of mineralization at an average grade of 15.6% U3O8. Additionally, the total Inferred Mineral Resource is estimated to contain 7,600,000 lbs U3O8 based on 11,600 tonnes of mineralization with an average grade of 29.8% U3O8. This Mineral Resource estimate update represents a 47% increase in Indicated lbs U3O8 and a 100% increase in Inferred lbs U3O8 over the previous Mineral Resource estimate done in 2010. Denison Mines Corp.
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