DevEx Resources Finds High-Grade Uranium at Northern Territory Projects; Shares Up 7%

MT Newswires Live

2024/10/15

DevEx Resources (ASX:DEV) found high-priority uranium anomalies from an airborne radiometric and magnetic survey over the Murphy West project in the Northern Territory, according to a Tuesday filing with the Australian Securities Exchange.

The company is set to start field activities in the coming weeks to explore the surface expressions of the anomalies, the filing said.

Additionally, the company received further high-grade uranium assays from its Nabarlek project drilling program, confirming previously reported uranium equivalent intercepts at the U40 prospect, according to the filing.

Shares of the mining firm rose 7% in afternoon trade.

Price (AUD): $0.15, Change: $+0.0100, Percent Change: +7.41%

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