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DevEx Resources Ltd ( (AU:DEV) ) has provided an update.
DevEx Resources Ltd has made progress in their uranium exploration efforts at the Nabarlek Uranium Project, with ongoing evaluations of drill results and new tenement applications expected to be granted soon. The company’s strategic focus is on identifying high-grade uranium mineralization, with significant findings from recent radiometric surveys and field investigations. These developments position DevEx as a key player in the McArthur Basin, highlighting its commitment to expanding uranium resources and potentially increasing its market presence.
More about DevEx Resources Ltd
DevEx Resources Ltd operates in the mining industry with a focus on uranium exploration. Their primary projects are located in the McArthur Basin, a region known for its potential large-scale unconformity-type uranium deposits. The company is actively engaged in exploratory drilling and geological surveys to capitalize on uranium resources, especially near historical sites like the Nabarlek Mine.
Average Trading Volume: 17,777
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $24.61M
See more data about DEV stock on TipRanks’ Stock Analysis page.
