Anfield Energy Submits Permit Amendment for JD-8 Mine Restart
Anfield Energy Submits Permit Amendment for JD-8 Mine Restart
VANCOUVER, British Columbia – GLOBE NEWSWIRE – April 8, 2026 — Anfield Energy Inc. (TSX.V:
AEC; NASDAQ: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce that,
following receipt of comments regarding the Company’s Plan of Operations submittal from the
U.S. Department of Energy (DOE) and the Colorado Division of Reclamation, Mining and Safety
(DRMS), the Company has thoroughly addressed all outstanding comments and has submitted a
permit amendment for the restart of its past -producing JD-8 uranium and vanadium mine (the
“JD-8 Mine”) in Montrose County, Colorado.
Key Highlights
• Regulatory Clearance: Anfield has addressed all outstanding technical, financial and
environmental comments from the DOE and DRMS.
• Production Timeline: The JD -8 Mine remains on schedule for potential approval and
mobilization in mid-2026, with a targeted production restart in the second half of 2026.
• Operational Base: The JD -7 mine infrastructure will now serve as the central base of
operations for the entire Monogram Mesa Mine Complex , improving efficiency and
reducing costs. Mined material from JD-8, as part of Anfield’s hub-and-spoke production
strategy, will be processed at Anfield’s Shootaring Canyon mill in Utah, one of only three
licensed conventional mills in the United States.
• Competitive Advantage: The Company is leveraging its recent acquisition of BRS, Inc. to
streamline the regulatory process and technical development.
This permit amendment builds directly on the Company’s initial comprehensive Plan of
Operations permitting application submitted to DRMS on November 19, 2025, which received an
affirmative initial completeness determination from DRMS on December 22, 2025, confirming
that all required technical, environmental, reclamation, and financial assurance comp onents
were in place to advance to full substantive review. The permit amendment incorporates all
regulatory feedback received and further strengthens the application as it progresses through the
review process. The Company is confident regarding the quality and completeness of the current
submission and reaffirms that the JD -8 Mine remains on track for potential approval and
mobilization in mid-2026, with targeted production restart in the second half of 2026.
ENERGY INC.
ANFIELD
www.anfieldenergy.com
Office: 604-669-5762
Fax: 604-608-4804
TSX.V : AEC
NASDAQ : AEC
Frankfurt : 0AD
Head Office:
4390 Grange Street,
Suite 2005,
Burnaby, B.C. V5H 1P6
About the JD-8 Mine and Monogram Mesa Mine Complex
The JD-8 Mine is the flagship asset within Anfield’s Monogram Mesa Mine Complex (also referred
to as part of the broader West Slope project and Paradox Mine Complex). It was the last of the
historic Cotter Corporation mines to suspend operations in 2006 due to market conditions and
remains in excellent condition, with well -preserved underground workings, infrastructure, and
historical production records.
The Monogram Mesa Mine Complex encompasses several past-producing uranium and vanadium
mines, including the JD-5, JD-6, JD-7, JD-8, and JD-9 mines. As part of the permit amendment, the
Company has included all buildings and infrastructure at the JD -7 mine to serve as the central
base of operations for the entire mine complex. This strategic integration will enhance operational
efficiency, reduce costs, and support coordinated development across the multiple deposits.
The restart plan for the JD-8 Mine employs proven conventional underground long-hole stoping
methods with updated ventilation, ground control, and water management systems, alongside
enhanced monitoring and modern reclamation standards. The JD-8 Mine leverages existing
underground workings and is designed to deliver uranium and vanadium to Anfield’s 100% -
owned Shootaring Canyon Mill in Utah — one of only three licensed conventional uranium mills
in the United States.
CEO Commentary
Corey Dias, CEO of Anfield, commented: “Promptly and thoroughly addressing all comments from
both the DOE and DRMS demonstrates our team’s commitment to regulatory compliance and
responsible development. Our continued close collaboration with BRS Inc. enabled us to leverage
our longstanding relationship to quickly prepare the initial plan and allowed the Company to
completely and effectively address all regulatory comments. We believe this seamless partnership
between the BRS Inc. and Anfield teams gives the Company a unique competitive advantage in
the U.S. uranium sector.
Finally, incorporating the JD-7 mine infrastructure as the operational hub for the Monogram Mesa
Mine Complex further optimizes the JD -8 Mine and positions the entire complex for efficient,
long-term uranium and vanadium production. We remain on track to bring the JD -8 Mine—and
by extension, the broader Monogram Mesa Mine Complex—back into production later this year .
This advancement both supports our hub-and-spoke production strategy and contributes to U.S.
energy security by supplying domestic uranium and vanadium.”
JD-8 Uranium-Vanadium Mine Production Decision
The Company notes that its decision to advance development of the JD- 8 Mine is based on
historical production data and analysis of drilling samples, and not on a feasibility study of mineral
reserves demonstrating economic and technical viability. As a result, there is additional
uncertainty and risk related to the economics and viability of development.
Douglas L. Beahm, P .E., P .G., is the Company’s qualified person as defined by National Instrument
43-101 - Standards of Disclosure for Mineral Projects and has reviewed, verified and approved
the scientific and technical information contained in this news release. Mr. Beahm is not
independent of the Company, as he is the Company’s Chief Operating Officer.
About Anfield
Anfield is a uranium and vanadium development 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 NASDAQ (A EC-Q), the TSXV (AEC -V)
and the Frankfurt Stock Exchange (0AD).
On behalf of the Board of Directors
ANFIELD ENERGY INC.
Corey Dias, Chief Executive Officer
Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Anfield Energy, Inc.
Corporate Communications
604-669-5762
contact@anfieldenergy.com
www.anfieldenergy.com
This news release contains forward -looking statements and forward -looking information
(together, “forward-looking statements”) within the meaning of applicable Canadian securities
laws. All statements, other than statements of historical facts, are forward-looking statements.
Generally, forward-looking statements can be identified by the use of terminology such as “plans”,
“expects”, “estimates”, “intends”, “anticipates”, “believes” or variations of such words, or
statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be
achieved”. Forward-looking statements in this release include, but are not limited to, statements
regarding the Company’s permit amendment application for the restart of its past-producing JD-
8 Mine, including, without limitation, the quality and completeness of the current submission and
the progress of the application process; the potential approval and mobilization of the JD-8 Mine
in mid-2026; the targeted production restart of the JD -8 Mine in the second half of 2026; the
condition of the JD-8 Mine; the strategic integration of all buildings and infrastructure at the JD-
7 mine to serve as the operational hub for the entire mine complex, and the benefits therefrom,
in respect of the permit amendment, including, without limitation, enhancing operational
efficiency, reduce costs, and support coordinated development across the multiple deposits; the
restart plan , planned operations and designs for the JD- 8 Mine; the delivery of uranium and
vanadium to the Company’s Shootaring Canyon Mill; the Company’s commitment to regulatory
compliance and responsible development; the Company’s partnership with BRS Inc. and the
benefits therefrom , including, without limitation, any competitive advantages therefrom ; the
Company’s hub -and-spoke production strategy; the Company’s contribution to U.S. energy
security through the supply of domestic uranium and vanadium; and the economics and viability
of development of the JD-8 Mine.
Forward-looking statements involve risks, uncertainties and other factors that could cause actual
results, performance and opportunities to differ materially from those implied by such forward -
looking statements. Factors that could cause actual results to differ materially from these
forward-looking statements include, among other things: risks associated with permitting and
regulatory approvals , including, without limitation, regarding the Plan of Operations and the
permit amendment to restart the JD -8 Mine; risks that the approval and mobilization of JD -8
Mine in mid -2026 may not be completed as contemplated, or at all; risks that the production
restart of the JD -8 Mine may not be completed as contemplated, or at all; risks related to the
condition of the JD-8 Mine; risks that the benefits from the strategic integration of the buildings
and infrastructure at the JD- 7 mine serving as the operational hub or the entire mine complex
may not be realized as contemplated, or at all; risks that the restart plan for the JD- 8 Mine may
not be completed as contemplated, or at all; risks that the JD-8 Mine may not be able to leverage
its underground workings or deliver uranium and van adium to the Shootaring Canyon Mill as
contemplated, or at all; risks that the competitive advantage and other benefits from the
Company’s partnership with BRS Inc. may not be realized as contemplated, or at all; risks that the
JD-8 Mine may not be optimized as contemplated, or at all; risks that the Monogram Mesa Mine
Complex may not be positioned for efficient, long -term uranium and vanadium production as
contemplated, or at all; risks that the Company may not be able to bring the JD -8 Mine and
Monogram Mesa Mine Complex into production as contemplated, or at all; risks related to the
Company’s hub-and-spoke production strategy; risks that the Company may not contribute to
U.S. energy security through the supply of domestic uranium and vanadium as contemplated, or
at all; risks related to the timing and receipt of necessary regulatory approvals; the risks and
uncertainties relating to exploration and development; the ability of the Company to obtain
additional financin g; the need to comply with environmenta l and governmental regulations in
Canada and the United States; fluctuations in the prices of commodities; operating hazards and
risks; competition and other risks and uncertainties and other such factors as are set forth in the
annual information form for the Company’s most recently completed year end, as well as the
management discussion and analysis and other disclosures of risk factors for the Company, filed
on SEDAR+ at www.sedarplus.ca.
Although the Company believes that the information and assumptions used in preparing the
forward-looking statements are reasonable, undue reliance should not be placed on these
statements, which only apply as of the date of this news release, and no assura nce can be given
t h a t s u c h e v e n t s w i l l o c c u r i n t h e d i s c l o s e d ti m e f r a m e s o r a t a l l . E x c e p t w h e r e r e q u i r e d b y
applicable law, the Company disclaims any intention or obligation to update or revise any forward-
looking statement, whether as a result of new information, future events or otherwise.