DevEx Resources (ASX:DEV) is an exploration company with a diversified portfolio of high-quality projects spanning some of Australia’s best endowed mining regions.
DevEx is targeting high grade uranium in the premier Alligator Rivers Uranium Province (ARUP) of Australia. The ARUP is considered amongst the world’s most prospective areas for uranium mineralisation, with over 500 million pounds of uranium (U3O8) identified in mined and unmined deposits.
DevEx’s key focus is the 100% owned Nabarlek Uranium Project, which is centred on the former Nabarlek Uranium Mine, considered Australia’s highest-grade uranium mine with past production of 24Mlbs @ 1.84% U3O8. DevEx has also recently expanded its tenure in this region with the Murphy-West Uranium Project, offering a province-scale area covering ~7,000km2.
In parallel, DevEx is progressing the Kennedy Rare Earth Element Project - one of very few Ionic Adsorption Clay (IAC) Rare Earth Element deposits in Australia. Mineralisation has been defined from surface and metallurgy has shown favourable rapid recovery of high-value rare earth elements.
The DevEx team are experienced explorers, and under the leadership of an invested and highly motivated Board are strongly positioned for discovery success.
For the latest project overview, view our ASX Announcements and Investor Presentation.
This website contains forward-looking statements which involve a number of risks and uncertainties. These forward looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this website. No obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments.
