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DevEx Resources Ltd ( (AU:DEV) ) has shared an update.
DevEx Resources Limited has identified several kilometre-scale anomalies at its Murphy West Uranium Project in Northern Territory, Australia, through preliminary soil geochemistry. These anomalies show similar pathfinder geochemistry to the Junnagunna Uranium Deposit in Queensland, suggesting significant potential for uranium mineralization. The company is preparing for a shallow drill program scheduled for 2026, aiming to further explore these targets. The findings enhance DevEx’s position in the uranium exploration sector, potentially impacting its operations and stakeholder interests positively.
More about DevEx Resources Ltd
DevEx Resources Limited is a company operating in the uranium exploration industry. The company focuses on identifying and developing uranium projects, with a particular emphasis on the McArthur Basin in Northern Territory, Australia, which is known for its potential for large-scale uranium discoveries.
YTD Price Performance: 32.98%
Average Trading Volume: 584,082
Technical Sentiment Signal: Hold
Current Market Cap: A$55.21M
Find detailed analytics on DEV stock on TipRanks’ Stock Analysis page.