DevEx consolidates uranium footprint
ASX-listed explorer DevEx Resources has struck a binding agreement to acquire Alligator Energy’s full uranium exploration tenure in the Alligator Rivers Uranium Province (ARUP), securing a 9 200 km2 land position around the historic Nabarlek uranium mine in the Northern Territory.
The ARUP, located on the north-western margin of the McArthur basin, is one of Australia’s premier uranium regions with more than 700-million pounds of uranium endowment. The district hosts some of the country’s best-known unconformity-style deposits, including Nabarlek, Ranger and Jabiluka.
The acquisition brings together multiple high-priority uranium corridors, including more than 50 km of underexplored faults at Nabarlek North, covering the U40 and Angularli fault zones. It also links tenure across Tin Camp Creek, connecting the Nabarlek and Orion fault corridors and incorporating historical prospects such as Caramal, where Alligator Energy previously defined a historical inferred mineral resource of 6.5-million pounds at 0.31% uranium oxide.
DevEx said the package provides substantial opportunity to revisit numerous untested or lightly followed-up historical intercepts, with much of the district having seen limited exploration in more than a decade.
The acquisition also complements DevEx’s recent purchase of adjacent tenements from Rio Tinto Exploration, strengthening its district-scale strategy in a geological setting analogous to Canada’s Athabasca basin.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Projects
Latest Multimedia
Latest News
Showroom
We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...
VISIT SHOWROOM
CMTS is a leading, well-established EC&I contractor with 37+ years of mining and industrial experience. We execute full-scope EC&I projects with...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
