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DevEx Resources Ltd.
Summary
| Project: | West Arnhem-Nabarlek | |
|---|---|---|
| Deposit: | West Arnhem-Nabarlek | |
| Location: | Australia | |
| Commodities: | Gold-Uranium | |
| Date: | 9/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-9-2019: DevEx Resources Ltd. announces an Exploration/Drilling Update report for its West Arnhem-Nabarlek deposit at the West Arnhem-Nabarlek project. Drilling results incl. 0.7m @ 0.01ppm Au, 1059ppm U3O8 from 179.5m. DevEx Resources Limited (ASX: DEV; | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brendan Bradley (Internal) | |
| ABSTRACT: | DevEx Resources Limited (ASX: DEV; “the Company”) is pleased to advise that assay results have been received from recent diamond drilling at the Company’s 100%-owned West ArnhemNabarlek Project in the Northern Territory, confirming the presence of anomalous uranium mineralisation beneath the historical Nabarlek Mine and on the western side of the U40 Prospect. In addition, the drilling has provided invaluable structural and geological information which indicates the potential to identify repetitions of the high-grade Nabarlek-type mineralisation in proximity to the recent drilling. Although the grades of the mineralisation are below the previous high-grade intercepts seen within the historical Nabarlek Mine and at the U40 Prospect, the results do confirm the continuation of mineralisation beneath Nabarlek and west of U40 with significant space surrounding this drilling to host repetitions of the high-grade Nabarlek type deposit. | |
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