DevEx Resources Ltd (AU:DEV) has released an update.
DevEx Resources Ltd has bolstered its position in the uranium market by entering two earn-in agreements to expand its Murphy West Uranium Project in the Northern Territory and explore the potential of the Jimblebar Base Metal Project in Western Australia. The company is now set to conduct an airborne radiometric/magnetic survey in the Murphy West region, which is known for its uranium-rich geology akin to Canada’s Athabasca Basin. Furthermore, DevEx plans to initiate ground activities at the Jimblebar Project, including a SQUID electromagnetic survey to explore for base metals.
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