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DevEx Resources Ltd ( (AU:DEV) ) has shared an update.
DevEx Resources has consolidated a district-scale land position at its Nabarlek Uranium Project in the Northern Territory, incorporating newly acquired tenements from Alligator Energy and Rio Tinto into a unified exploration strategy. The expanded footprint, located in the uranium-rich Alligator Rivers Uranium Province, is supported by integrated geophysical, geological and drilling datasets that confirm favourable host rocks and structural settings.
This consolidation has defined a pipeline of drill-ready and emerging uranium targets, including high-priority prospects such as Big Radon, KP, Sandfire and Nabarlek North slated for drilling in 2026. Backed by strong funding, new high-grade rock-chip assays up to 0.31% U₃O₈ and a planned 17,000-metre drilling campaign, DevEx is positioning itself as one of the few active uranium explorers in Australia with a multi-year discovery strategy aimed at delivering a significant new uranium find.
More about DevEx Resources Ltd
DevEx Resources Limited is an Australian uranium exploration company listed on the ASX, focused on its 100%-owned Nabarlek Uranium Project in the Northern Territory. Operating within the Alligator Rivers Uranium Province, one of the world’s largest uranium districts, the company targets high-grade deposits analogous to major regional mines such as Nabarlek and Jabiluka.
YTD Price Performance: 17.14%
Average Trading Volume: 1,234,524
Technical Sentiment Signal: Buy
Current Market Cap: A$145.6M
See more data about DEV stock on TipRanks’ Stock Analysis page.