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An announcement from DevEx Resources Ltd ( (AU:DEV) ) is now available.
DevEx Resources Ltd has identified multiple large-scale uranium exploration targets around the historical Nabarlek Uranium Mine, including the Big Radon and KP Prospects. The company has commenced a ground-based gravity survey to map prospective faults and secured government co-funding for drilling activities. Additionally, DevEx is preparing for exploration at the Sandfire and Spitfire Prospects and is progressing opportunities surrounding the Nabarlek Mine. These developments could enhance DevEx’s position in the uranium market and potentially lead to significant discoveries, impacting stakeholders and the company’s operational strategy.
More about DevEx Resources Ltd
DevEx Resources Ltd operates in the mining industry, focusing on uranium exploration and development. The company is primarily engaged in identifying and developing high-grade uranium deposits, with a significant presence in the Nabarlek Uranium Project region within the Alligator Rivers Uranium Province.
YTD Price Performance: -13.83%
Average Trading Volume: 438,528
Technical Sentiment Signal: Sell
Current Market Cap: A$35.78M
Find detailed analytics on DEV stock on TipRanks’ Stock Analysis page.