DevEx Resources : Quarterly Activities and Cashflow Report - June 2022

DevEx Resources : Quarterly Activities and Cashflow Report – June 2022

For personal use only

Activities Report for the Quarter Ended 30 June 2022


Nabarlek Uranium Project, NT (100%) A diamond drilling (DD) programme commenced at Nabarlek subsequent to quarter end. A strong resurgence in the uranium spot price, with recent prices reaching 10-year highs (above US$50/lb U3O8), is providing strong justification for this rigorous campaign to test numerous high-quality targets at Australia’s highest-grade uranium province. The programme is designed to test priority targets surrounding the historical Nabarlek Uranium Mine (previous production of 24 Mlbs @ 1.84% U3O8). A second reverse circulation (RC) drill rig is expected to commence in August. Junee Copper-Gold Project, NSW (100%) Drilling at the Nangus Road Prospect was completed during the quarter. Assays from air-core (AC) and DD continue to identify significant near-surface gold mineralisation, with shallow intercepts including: o 4m @ 2.5g/t Au from 28m (AC) incl 1m @ 6.3g/t Au at […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • 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!


No comments yet