DevEx Resources Ltd ( (AU:DEV) ) has provided an announcement.
DevEx Resources Limited has identified several new large-scale uranium exploration targets around the historical Nabarlek Uranium Mine, located in the McArthur Basin. These targets, characterized by radon anomalies and large alteration footprints, have never been drilled and present significant potential for uranium mineralization. The company plans to begin field investigations to prioritize drilling areas, aiming to enhance its position in the uranium industry and potentially discover new greenfields uranium deposits.
More about DevEx Resources Ltd
DevEx Resources Limited is a company focused on uranium exploration, operating within the Alligator Rivers Uranium Province in the Northern Territory, Australia. The company is involved in identifying and developing large-scale uranium deposits, particularly within its 100%-owned Nabarlek Uranium Project, which is situated in a region known for its significant uranium endowment.
Technical Sentiment Signal: Buy
Current Market Cap: $26.67M
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