DevEx Resources Ltd (AU:DEV) has released an update.
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DevEx Resources Ltd has completed significant drilling operations at the Nabarlek Uranium Project in Northern Territory, confirming promising uranium assays and planning further exploration. The company has also identified high-priority uranium anomalies at the Murphy West Uranium Project and achieved impressive rare earth element recoveries at the Kennedy Project. With a solid cash position of $11.2 million, DevEx is poised for continued exploration and development.
For further insights into AU:DEV stock, check out TipRanks’ Stock Analysis page.