Denison Mines (DNN) Reports Promising Uranium Drilling Results

AI Summary

Denison Mines Corp. (DNN) reported drilling results from the Darby uranium project, a 70/30 joint venture with Cosa Resources Corp. The drilling at the Charlie Trend produced uranium concentrations averaging 5.6 parts per million (ppm) over 103.5 meters, with a mineralization grade of 0.04% U3O8 over 0.5 meters. While the Gamma Trend exhibited favorable geological features, results from the Delta Trend were inconclusive. The findings enhance expectations for uranium exploration in the region and could positively influence Denison's market position.