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DevEx Resources Secures Grant Funding to Support Northern Territory Uranium Project

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DevEx Resources (ASX:DEV) secured AU$150,000 in grant funding from the Northern Territory government for a new airborne hyperspectral survey across its Nabarlek uranium project, due to start in August, according to a Tuesday filing with the Australian bourse.

On-site preparations have started for the upcoming drilling campaign at the project, with the first drill rig expected to arrive in the second week of July, per the filing.

The company said its acquisition of Alligator Energy's (ASX:AGE) tenements in the Northern Territory remains on track for completion this month as conditions precedent to the deal were satisfied.

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