Anfield Energy – TSXV: AEC, OTC: ANLDF

Anfield Energy

Anfield Energy Inc. (Stock Symbols – TSXV: AEC, OTCMKTS: ANLDF) is a uranium exploration, development and near term production company in the United States.

Anfield Energy owns owns a very large portfolio of uranium assets which include:

  • Shootaring Canyon Mill
  • Charlie Project
  • Velvet-Wood Project
  • Frank M Project
  • Findlay Tank Breccia Pipes
  • 25 In-Situ Recovery properties

Shootaring Canyon Mill

The Shootaring Canyon Mill is located approximately 49 miles south of Hanksville in the State of Utah. The mill was operational for a short period of time in 1982 before halting operations due to low uranium prices.

Shootaring Canyon Mill
Inside the Shootaring Canyon Mill. Source: Anfield Energy

Anfield Energy acquired the Shootaring Canyon Mill from Uranium One in 2015. Notably, this mill is one of only three licensed conventional uranium mills in the United States of America. The mill is licensed to process up to 750 tons per day of ore. The mill has surface stockpiles of approximately 370,000 pounds of uranium.

The Company owns two surface stockpiles, which are located at the Shootaring Canyon Mill and in the Lisbon Valley.

Velvet-Wood

The Velvet-Wood Project is located in San Juan County, Utah. This project was an active mining project in the late ’70s and early ’80s. Mining operations extracted around 400,000 tons of ore which included both uranium and vanadium.

The historical mineral resource for this project includes:

  • 4.6 million pounds of measured and indicated uranium
  • 639,000 pounds of inferred uranium

Frank M

The Frank M deposit is located approximately 10 kilometers north of the Shootaring Canyon Mill.

The historical mineral resource for this project includes:

  • an estimated 2.2 million pounds of uranium

In-Situ Recovery Projects

Anfield Energy has a large base of ISR projects from which to take advantage of market conditions. These 24 ISR projects are located in Wyoming, USA.

Anfield Energy ISR Projects
Anfield Energy ISR Projects. Source: Anfield Energy

Charlie Project

The 100% owned Charlie Project covers 720 acres in Johnson County, Wyoming. This near term production project is next to Uranium One’s Christensen Ranch and Irigaray projects. The companies have an agreement to process up to a half million pounds of uranium per year through this processing plant. The project resource includes just over 3 million pounds of indicated and just under 1 million pounds of inferred uranium resource.

Anfield Charlie Project
Anfield Charlie Project. Source: Anfield Energy

Brecca Pipes and Date Creek Basin.

Findlay Tank Brecca Pipes is located in northern Arizona and has an inferred uranium resource of 954,000 pounds.

Date Creek Basin sits southeast of Kingman. This project holds 24 unpatented mining claims.

The company has a 100% interest in the Upper Maybelle River uranium project located in the Athabasca Basin.

The company was formerly known as Anfield Resources Inc. and changed its name to Anfield Energy Inc. in December 2017. The company was incorporated in 1989 and is headquartered in Burnaby, Canada.

Please note that the share price below is for the TSXV stock symbol. The quote is delayed by approximately 15 minutes and not real time.

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