Anfield Provides Positive Update Regarding its Confirmation Drill Program at Its JD-7 Mine
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Anfield Provides Positive Update Regarding its Confirmation Drill Program at Its JD-7 Mine
VANCOUVER, BRITISH COLUMBIA -- GLOBE NEWSWIRE – September 30, 2025 — Anfield Energy Inc.
(TSX.V: AEC; NASDAQ: AEC; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce the
completion of the first 12 holes of the Company’s ongoing 20-hole, 8,000-foot confirmation drill program
at its JD-7 mine, an existing uranium and vanadium open pit mine in Montrose County, Colorado. This
program, announced on August 25, 2025, aims to 1) collect geologic information related to uranium
mineralization in multiple sandstone hosted deposits throughout the area ; 2) confirm the existing pit
resources; 3) confirm the extent and location of underground uranium and vanadium resources; and 4)
consider potential uranium and vanadium resource expansion. The drill program – consisting primarily of
air rotary with a subset of split barrel core drilling – is being conducted by Tri-Park Drilling.
Significant intercepts of mineralization from the program include:
• 17.0 ft grading 5,190 ppm (0.519%) eU3O8 (GT of 8.82) in Hole JD7-25-004B, with a peak of
14,850 ppm (1.485%) eU3O8 at 153.5 ft;
• 19.0 ft grading 2,380 ppm (0.238%) eU3O8 (GT of 4.52) in Hole JD7-25-005, with a peak of 9,240
ppm (0.924%) eU3O8 at 170.0 ft; and
• 17.0 ft grading 1,620 ppm (0.162%) eU3O8 (GT of 2.75) in Hole JD7-25-012, with a peak of 5,990
ppm (0.599%) eU3O8 at 185.0 ft.
Corey Dias, Anfield’s CEO, commented: “We are very pleased with the interim drill results as they both
underscore the potential for resource confirmation – and possible expansion – at JD-7 and align with
Anfield’s broader strategy to advance its portfolio of near-term uranium and vanadium projects toward
production. The Company remains on track to complete the remaining holes in the coming weeks, with
full results expected to inform future development plans, including integration into Anfield’s hub-and-
spoke production model centered around the Shootaring Canyon Mill in Utah.”
Figure 1: Drilling Underway at JD-7 Open Pit mine:
Drilling commenced on September 15th, 2025, and initial results have been highly encouraging, with 12
out of the planned 20 drilling targets completed to date. Gamma ray logging results indicate elevated
uranium mineralization exceeding the minimum cutoff grade of 200 ppm eU3O8 and minimum Grade
Thickness (GT) of 0.2 in 10 of the 12 drill holes completed so far. These findings confirm the presence of
uranium mineralization at depths and locations consistent with the historical drilling dataset for the JD-7
mine.
The drilling results demonstrate robust uranium mineralization across the targeted areas, with seven
holes yielding a Grade Thickness (GT) over 0.5, indicating high-potential zones; three holes showing GT
values between 0.1 and 0.5, reflecting moderate mineralization; and two holes containing only trace
mineralization. The lower-strength intercepts are associated with the program's objective to delineate
the outer boundaries of the mineralized resource, providing valuable data for refining resource models
and supporting future mine planning and development at JD-7.
Figure 2: JD-7 Drill Collar Location Map
Figure 3: Drill results
Figure 4: Mineralized Core Samples Recovered from JD7-25-004
Two of the drill holes were completed with cored intervals to obtain physical samples of mineralized
material. Cored intervals were completed using split-barrel core drilling through the mineralized zones. A
subset of the remaining drill holes will also be drilled with core intervals. The core samples will be analyzed
by two laboratories: Pace Analytical of Sheridan, Wyoming and Hazen Research of Golden, Colorado.
These labs will use chemical methods to: 1) determine both uranium and vanadium content to evaluate
the vanadium-to-uranium ratio of the mineralization; 2) to provide data to validate the uranium gamma
ray logging results; and 3) further refine the uranium and vanadium resource estimates for JD-7 lease. The
cores can also be used for mineralogical and metallurgical testing. This data will enhance the accuracy of
the geological model and supports Anfield's efforts to advance the project toward production readiness.
Qualified Persons
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.
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 (AEC-Q), the TSX-Venture Exchange (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 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.
Corporate Communications
604-669-5762
www.anfieldenergy.com
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THIS NEWS RELEASE CONTAINS “FORWARD-LOOKING STATEMENTS” and “FORWARD-LOOKING
INFORMATION” WITHIN THE MEANING OF APPLICALE SECURITIES LEGISLATION (COLLECTIVELY,
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