Anfield Energy reports encouraging results from combined PEA for Velvet-Wood and Slick Rock projects

Anfield Energy Inc. (TSX-V:AEC, OTCQB:ANLDF) has reported encouraging results from a combined preliminary economic assessment (PEA) for its Utah-based Velvet-Wood Uranium and Vanadium Project and its Colorado-based Slick Rock Uranium and Vanadium Project.

The projects are proximal to each other within the prolific Uravan Mineral Belt and close to the company’s Shootaring Canyon Mill which will act as a centralized mineral processing facility in the PEA.

“We are extremely pleased with the outcome of this PEA as it provides Anfield with evidence of the true potential of both Velvet-Wood and Slick Rock within Anfield’s uranium and vanadium production model. Critically, the future addition of our West Slope project to Anfield’s production model will require little incremental capital expenditure, as Shootaring’s restart costs will have already been borne by both Velvet-Wood and Slick Rock,” Anfield CEO Corey Dias said in a statement. READ: Anfield Energy to acquire Dripping Springs Quartzite uranium project […]

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