DEV, been doing well fo the last week and has just made a pivot high...but failed to hold...
More Nabarlek Uranium drill results should be coming soon. Cap raise earlier this month for the drilling. (FRom 17th August CR announcement)
"DevEx holds a dominant ground position of +4,500km2 of granted and tenement applications within the prestigious Alligator Rivers Uranium Province of the Northern Territory. Playing host to world-class uranium deposits, such as the Ranger Uranium Mine (production history of 274Mlbs U3O8 2,3 ) and the Jabiluka Uranium Resource (307Mlbs U3O8 3 ), the area has long been considered Australia’s most prolific uranium province. Diamond drilling has commenced at Nabarlek and will be testing multiple uranium targets surrounding the historical high-grade Nabarlek Uranium Mine (previous production of 24Mlbs2 @ 1.84%U3O8). The Company has achieved early success with drilling at the Nabarlek South and North Buffalo Prospects, intersecting several zones of uranium mineralisation adjacent to historical intercepts. These early results will see an expansion of the programme, with a second Reverse Circulation/ diamond drill rig scheduled to arrive later this month to increase drill coverage and productivity."
