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DevEx Resources Ltd ( (AU:DEV) ) has shared an update.
DevEx Resources Limited has been granted two priority uranium exploration tenements north of the historic Nabarlek Uranium Mine, a strategic location due to its proximity to the high-grade Angularli Uranium Deposit owned by Deep Yellow Limited. This development provides DevEx with significant exploration potential, as unexplored uranium-bearing faults have been identified in the area, offering a pathway for a fast-tracked exploration program. The company’s agreement with the Traditional Owners and the Northern Land Council marks a significant step toward advancing their operations in one of the world’s premier uranium mining regions.
More about DevEx Resources Ltd
DevEx Resources Limited (ASX: DEV) operates in the resource exploration industry, focusing primarily on uranium exploration. The company owns the Nabarlek Uranium Project located in the Alligator Rivers Uranium Province in the Northern Territory, Australia.
Average Trading Volume: 5,555
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $22.72M
For an in-depth examination of DEV stock, go to TipRanks’ Stock Analysis page.
