DevEx Resources (ASX:DEV) said ground-based gravity and surface geochemical sampling at the Sandfire prospect, part of the Nabarlek uranium project in the Northern Territory, identified a new uranium drill target, according to a Monday Australian bourse filing.
The target sits beneath a coincident radiometric anomaly with supporting pathfinder anomalies delineated from surface sampling.
An application to drill both diamond and reverse circulation drill holes into the target was submitted, per the filing. It plans to begin drilling around April 2026 and May 2026.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments