DevEx expands drill campaign after hitting significant new uranium at Nabarlek

High-grade intercepts at the U40 prospect have identified an extensive uranium-bearing fault zone, the U40 Fault

RC drilling at Nabarlek South has encountered uranium at the unconformity between the Kombolgie Sandstone and the regionally significant Cahill Formation

Current drilling campaign to be expanded in light of these new results

Uranium play DevEx Resources will expand ongoing drilling around its historical Nabarlek uranium mine in the NT after reporting significant new results including grades of up to 1.68% eU 3 O 8 along a main uranium-bearing fault zone.DevEx is currently drilling along two major uranium-bearing fault zones, the Nabarlek Fault (the Nabarlek South and Nabarlek North Prospects) and the U40 Fault (the U40 and U42 Prospects).Both fault zones are known to host high-grade uranium mineralisation, including the historical Nabarlek mine, considered Australia’s highest-grade uranium mine with past production of 24Mlbs @ 1.84% U 3 O 8 .New step-out drilling to […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet