DevEx Resources Accelerates Exploration at Nabarlek Uranium Project

Carol Forrest
DeVex

DevEx Resources Limited (ASX: DEV) is advancing exploration at its Nabarlek Uranium Project in the Northern Territory, following the identification of multiple large-scale uranium targets near the historic Nabarlek mine.

Key Highlights:

  • Recent exploration results revealed significant uranium intercepts, including:

    • 6.0 metres at 7.6% U3O8 from 75 metres

    • 4.8 metres at 1.9% U3O8 from 80 metres

    • 16.0 metres at 0.23% U3O8 from 95 metres

  • New exploration targets spanning several kilometres have been identified beneath sandstone cover and have never been drilled.

  • Two newly granted tenements north of the historic mine significantly expand exploration opportunities and are adjacent to the Angularli Uranium Deposit.

  • Field investigations are set to begin shortly, targeting priority areas for drilling.

Managing Director Todd Ross noted, “Our extensive review has identified significant new targets, highlighting Nabarlek’s considerable exploration potential. We are committed to accelerating our exploration to unlock this potential fully.”

In addition, DevEx is advancing field investigations at its Murphy West Project, exploring large, high-priority uranium anomalies.

For further details, visit www.devexresources.com.au.