The Phase 2 drill program included a total of 9,577m drilled in 91 diamond and reverse circulation holes between the months of July and October 2011.
Drilling was completed in three zones including Dibwe East Zones 1 and 2 and Mutanga West.
Of the 91 holes drilled, three were historic first phase drill holes which were deepened to test for mineralization at depth, of which most significant hole was DMC1036 in
Dibwe East Zone 1, which intersected a 13.4 metre interval averaging 1,828 ppm eU3O8.
With the discovery of mineralization below 120m, some of the remaining Phase 2 holes in Zone 1 were also deepened from 120m to 150m.
With the positive results of the second phase of drilling program, Denison intends to prepare a mineral resource estimate for Dibwe East Zones 1 and 2 by the end of the first quarter of 2012.
