{"id":31692,"date":"2025-08-25T11:14:47","date_gmt":"2025-08-25T15:14:47","guid":{"rendered":"https:\/\/capital10x.com\/old\/?p=31692"},"modified":"2025-09-07T13:42:50","modified_gmt":"2025-09-07T17:42:50","slug":"anfield-to-commence-20-hole-drill-program-at-colorado-mine-in-september","status":"publish","type":"post","link":"https:\/\/capital10x.com\/old\/anfield-to-commence-20-hole-drill-program-at-colorado-mine-in-september\/","title":{"rendered":"Anfield To Commence 20-Hole Drill Program at Colorado Mine in September"},"content":{"rendered":"
\n

Anfield Energy Inc. (TSX.V: AEC) (OTCQB: ANLDF) (FRANKFURT: 0AD) <\/strong>announced that it has received approval for its Notice of Intent (\u201cNOI\u201d), through its wholly owned subsidiary Highbury Resources Inc., with the Colorado Division of Reclamation, Mining and Safety (\u201cDRMS\u201d), to begin a 20-hole, 8,000-foot rotary drill program at the existing JD-7 open pit mine in Montrose County, Colorado. The Company has engaged Tri Park Drilling to undertake the program and expects drilling to commence in mid-September and take approximately two weeks to complete.<\/p>\n

The purpose of the in-field exploratory drilling program is to:<\/p>\n

    \n
  1. Collect geologic information related to uranium mineralization in multiple sandstone hosted deposits throughout the area;<\/li>\n
  2. Confirm the existing pit resources;<\/li>\n
  3. Confirm the extent and location of underground uranium and vanadium resources<\/li>\n
  4. Consider potential uranium and vanadium resource expansion.<\/li>\n<\/ol>\n

    With Anfield\u2019s imminent Nasdaq listing, we are very pleased to secure approval for our drill program at our JD-7 mine at this time, one of the twenty-one DoE leases \u2013 each consisting of a uranium and vanadium mine \u2013 which the Company holds in Colorado. As we also continue to work with the State of Utah\u2019s Department of Environmental Quality to finalize approval of our reactivation plan for Shootaring, it is important to note that the proposed amendment to our radioactive materials license \u2013 which increases both mill throughput and annual production capacity \u2013 will allow the Company to expand its hub-and-spoke uranium and vanadium production model through the receipt of mill feed from additional mines such as JD-7.<\/p>\n

     <\/p>\n

    Following the environmental permit approval for the Company\u2019s Velvet-Wood mine in May \u2013 and the subsequent advancement of this asset toward mine construction \u2013 along the Company\u2019s upcoming Plan of Operations submittal to the Bureau of Land Management (\u201cBLM\u201d) for its Slick Rock mine, Anfield continues to advance its pipeline of near-term uranium and vanadium projects in anticipation of mill restart in 2027.<\/p>\n

     <\/p>\n

    Finally, we are encouraged by the recent news regarding the U.S. Department of Energy\u2019s Office of Nuclear Energy establishing the Defense Production Act Consortium, which will seek out industry participants to help develop action plans to facilitate nuclear supply chain capacity, including uranium mining and processing. The U.S. Administration\u2019s continued commitment to both establish and secure domestic energy sources, and the enthusiasm shown by government Agencies responsible for implementing this work, provides Anfield with a near-term pathway to produce and contribute to significant domestic uranium demand.Corey Dias, CEO, Anfield Energy Inc.<\/span><\/div><\/div>\n<\/div>\n

    \n

    The JD-7 open pit mine has had historical production as shown in Table 1.1 below and the current mineral resources are summarized in Table 1.2.<\/p>\n

    Table1.1. JD-7 Historical Production<\/strong><\/h4>\n

    \"\"<\/p>\n

    Table 1.2. JD-7 Mineral Resource Estimates*<\/strong><\/h4>\n

    \"\"<\/p>\n

    * \u201cUS DOE Uranium\/Vanadium Leases JD-6, JD-7, JD-8, AND JD-9, Montrose County, Colorado, USA,<\/span>
    \nNI 43-101 Mineral Resource\u201d, dated February 25, 2022, BRS Inc. 2022.<\/span><\/p>\n

    While no formal economic evaluation, Preliminary Economic Assessment (PEA), Preliminary Feasibility study (PFS), or Feasibility Study (FS) has been completed and while mineral resources are not mineral reserves and do not have demonstrated economic viability, reasonable prospects for future economic extraction were applied to the mineral resource estimate herein through consideration of grade and GT cutoffs and by screening out areas of isolated mineralization which would not support the cost of conventional mining under current and reasonably foreseeable conditions.<\/p>\n

    Qualified Persons<\/strong><\/p>\n

    Douglas L. Beahm, P.E., P.G., principal engineer at BRS Inc., is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical content of this news release.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Anfield to begin a 20-hole, 8,000-foot rotary drill program at the existing JD-7 open pit mine in Montrose County, Colorado<\/p>\n","protected":false},"author":30,"featured_media":25465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2430,56,2558],"tags":[2369,2211,2176,2501,2191,2210,2523,2177,2391,2502],"class_list":{"0":"post-31692","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-energy-transition-metals","8":"category-featured","9":"category-selected","10":"tag-anfield","11":"tag-anfield-energy","12":"tag-anfield-energy-inc","13":"tag-investing-in-nuclear-energy","14":"tag-investing-in-uranium","15":"tag-otcqb-anldf","16":"tag-small-cap-uranium-stocks","17":"tag-tsx-v-aec","18":"tag-uranium-mining","19":"tag-uranium-stocks"},"acf":[],"yoast_head":"\nAnfield To Commence 20-Hole Drill Program at Colorado Mine in 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