DevEx Resources (DEV) RIU Explorers Conference 2026 summary

Executive and team developments

• Expanded executive and exploration teams with industry veterans, including a new Managing Director and board members with extensive uranium and mining experience.

• Strong board leadership with a proven track record in resource project delivery.

• Market capitalization of AUD 160 million and AUD 39 million in cash following a recent capital raise.

Strategic growth and exploration plans

• Pursuing a dual growth strategy: drilling a robust pipeline of targets and seeking strategic mergers and acquisitions.

• Focused on discovering high-grade, unconformity-type uranium deposits in the McArthur Basin, a globally significant uranium province.

• Consolidated a commanding land position, including recent and pending acquisitions from major industry players.

Exploration activities and targets

• Actively exploring the Nabarlek Project Area, leveraging historic mining infrastructure and strong community relationships.

• Advancing multiple high-priority targets, including untested radon anomalies and hyperspectral anomalies, with drill testing planned this year.

• Sandfire target near a major deposit and Murphy West project with encouraging geochemical survey results, both progressing toward drilling.