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DevEx Resources: Reports further “high-grade” uranium from Nabarlek, NT

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

DevEx Resources Reports further “high-grade” uranium from Nabarlek, NT

  • DevEx Resources (DEV) reports further “high-grade” uranium hosted in numerous structures at its Nabarlek project in the Northern Territory
  • The final assays from a 2022 drilling program returned results such as 54.6 metres at 2 per cent uranium from 76.5 metres
  • DEV says the results highlight the potential of the project and the opportunity to delineate high-grade zones of mineralisation across multiple prospects
  • The company will focus on the prospective zones during its 2023 drilling campaign, with the aim of laying the foundations for resource definition
  • Shares in DevEx are down 1.9 per cent and trading at 26.5 cents at 10:38 am AEDT
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