DevEx Resources (ASX:DEV) received initial results from a recent hyperspectral survey along the Nabarlek Fault Corridor and completed first-pass drilling at four priority targets at its Nabarlek Uranium Project in the Northern Territory, according to a Tuesday Australian bourse filing.

The results were up to 1.7 meters at 1,116 parts per million triuranium octoxide equivalent from 168.8 meters down-hole, and 2.3 meters at 920 ppm uranium equivalent from 184 meters, including 0.8 meters at 1,361 ppm uranium equivalent.

The survey results mapped an extensive illite alteration zone within the sandstones northwest of the corridor, which highlights several kilometer-scale areas for priority field mapping and sampling ahead of drill targeting, the filing added.

The company said it will deploy drill capital based on analysis of its growing datasets, aiming to deliver more drill targets with a higher probability of success.

The company's shares rose 3% in recent Tuesday trade.