Anfield Energy Acquires Extensive Database of Western US Mining Properties
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Anfield Energy Acquires Extensive Database of Western US Mining Properties
VANCOUVER, BRITISH COLUMBIA -- MARKETWIRED – APRIL 19, 2018 — Anfield Energy Inc. (TSX.V:
AEC) (OTCQB: ANLDF) (FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce the
acquisition of an extensive exploration database of mining projects focused primarily on uranium and
vanadium properties in the Western United States. This new database, together with Anfield’s already
substantial uranium database, constitutes one of the largest depositories of uranium exploration data in
the Western United States.
Corey Dias, Anfield CEO, states “This acquisition will help to further our efforts to update, or potentially
expand, our uranium resources on our 25 Wyoming uranium properties in an even more timely fashion,
while allowing us to identify complementary claims or projects. Given that we have completed resource
reports on only three of our 25 projects, we believe that the acquired data could provide us with an
accelerated path to resource delineation. This remains an integral part of Anfield’s strategy: seek out
data on current or prospective projects which would allow the Company to more rapidly verify uranium
resources in order to create an expansive project portfolio with a clear path to production through a
well-defined project pipeline”.
The database includes extensive physical and digital files. The database covers over 50 years of
exploration and development activity and includes maps, geological studies, prospects, drilling data,
exploration reports, resource evaluations and other strategic data. The analogue files are housed in a
shipping container which is now in possession of the Company.
The database will be utilized by the Company to further define and expand Anfield’s extensive portfolio
of uranium and vanadium holdings. The data will be catalogued and integrated with Anfield’s existing
database, and used by the Company to not only enhance its current project portfolio but also target
properties that will complement its current uranium and vanadium properties.
About Anfield
Anfield is a uranium and vanadium development and near-term production company that is committed
to becoming a top-tier energy-related fuels supplier by creating value through sustainable, efficient
growth in its assets. Anfield is a publicly-traded corporation listed on the TSX-Venture Exchange (AEC-V),
the OTCQB Marketplace (ANLDF) and the Frankfurt Stock Exchange (0AD). Anfield is focused on two
production centers, as summarized below:
Wyoming – Irigaray ISR Processing Plant (Resin Processing Agreement)
Anfield has signed a Resin Processing Agreement with Uranium One whereby Anfield would process up
to 500,000 pounds per annum of its mined material at Uranium One’s Irigaray processing plant in
Wyoming. In addition, the Company can both buy and borrow uranium from Uranium One in order to
fulfill some or all of its sales contracts.
Anfield’s 24 ISR mining projects are located in the Black Hills, Powder River Basin, Great Divide Basin,
Laramie Basin, Shirley Basin and Wind River Basin areas in Wyoming. Anfield’s two projects in Wyoming
for which NI 43-101 resource reports have been completed are Red Rim and Clarkson Hill.
The Charlie Project, acquired from Cotter Corporation is located in the Pumpkin Buttes Uranium District
in Johnson County, Wyoming. The Charlie Project consists of a 720-acre Wyoming State uranium lease
which has been in development since 1969.
Arizona/Utah – Shootaring Canyon Mill
A key asset in Anfield’s portfolio is the Shootaring Canyon Mill in Garfield County, Utah. The Shootaring
Canyon Mill is strategically located within one of the historically most prolific uranium production areas
in the United States, and is one of only three licensed uranium mills in the United States.
Anfield’s conventional uranium assets consist of mining claims and state leases in southeastern Utah
and Arizona, targeting areas where past uranium mining or prospecting occurred. Anfield’s conventional
uranium assets include the Velvet-Wood Project, the Frank M Uranium Project, as well as the Findlay
Tank breccia pipe. An NI 43-101 Preliminary Economic Assessment has been completed for the Velvet-
Wood Project. All conventional uranium assets are situated within a 125-mile radius of the Shootaring
Mill.
On behalf of the Board of Directors
ANFIELD ENERGY INC.
Corey Dias, Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Anfield Energy, Inc.
Clive Mostert
Corporate Communications
780-920-5044
www.anfieldenergy.com
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