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Denison Mines (TSX: DML) says initial core leach tests have returned uranium concentrations up to four times the amount assumed in a prefeasibility study for the Phoenix deposit at its 90%-owned Wheeler River project in Saskatchewan.
ISR field testing at the Wheeler River uranium project’s Phoenix deposit in Saskatchewan
Denison said after the initial start-up, the uranium-bearing solution had returned between 13.5-39.8g/L, compared with a uranium concentration of 10g/L envisaged in the PFS.
Company believes it has found the controlling structure
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