DevEx Resources Ltd (AU:DEV) has released an update.
DevEx Resources Ltd is set to kick off its 2024 field season in mid-May with a robust drilling program at the Nabarlek Uranium Project after receiving promising high-grade uranium assay results from the previous year’s campaign. The company also plans an airborne survey in mid-June for the Murphy West Uranium Project and has been awarded a $175,000 grant to advance the Kennedy Rare Earth Element Project, with significant Rare Earth Elements found in surface clays. With a strong cash position of $19.9 million, DevEx is poised for an active exploration season.
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