ANFIELD ENERGY INC .. nach Re-split mit neuem Namen (Seite 114)
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schaut mal, da wird aber fett eingekauft, schon 4 mio
Anfield Resources works on Velvet-Wood PEA
2016-05-12 11:45 ET - News Release
Mr. Corey Dias reports
ANFIELD RESOURCES INC. PROVIDES UPDATE REGARDING ITS URANIUM ASSETS
Anfield Resources Inc. has provided an update on its uranium assets. On September 1, 2015 Anfield announced the acquisition of the Shootaring Canyon Uranium Mill, one of only three licensed, permitted and constructed conventional uranium mills in the United States, and a portfolio of conventional mining assets from Uranium One.
Since the closing of the Uranium One transaction, Anfield has made significant progress in advancing the project. The Utah Division of Waste Management and Radiation Control ("UDWMRC"), following its extensive review and a public hearing, formally transferred the Shootaring Canyon Uranium Mill's Radioactive Materials License ("RML") and the Groundwater Quality Discharge Permit from Uranium One Americas Inc. to Anfield, and Anfield is now preparing an RML renewal application to extend its term. The Company also continues to work with BRS Inc., an engineering firm, to complete a Preliminary Economic Assessment of the Velvet-Wood Mine. In addition, the Company has increased its focus on the acquired Henry Mountains property, an area which includes Anfield's Frank M mine. Finally, the Company has also initiated a review of a sampling and survey program related to the surface stockpiles acquired in the Uranium One transaction.
Corey Dias, Anfield's CEO stated, "We continue to make progress with advancing our uranium assets. We believe the steps we have taken are providing Anfield with a solid base from which to incorporate the development of the Shootaring Canyon Mill. Overall, we remain positive with regard to the uranium market. Primary production cannot meet present-day consumption. Moreover, only 35% of the uranium consumed over the past three years has been replaced with long-term contracting, which means that uncovered demand is likely to be a significant concern moving forward. We feel that Anfield is well positioned to play a role in addressing the future uranium supply and demand imbalance."
About Anfield's Properties
Anfield is an energy metals exploration, 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 energy metals assets. Anfield is a publicly-traded corporation listed on the TSX-Venture Exchange (ARY-V) and the Frankfurt Stock Exchange (0AD). Anfield is focused on the development of projects, as summarized below:
Key Assets
Shootaring Canyon Uranium Mill
The Shootaring Canyon Uranium Mill is one of only three licensed, permitted and constructed conventional uranium mills in existence in the U.S., with the other two held by BHP Billiton (Sweetwater) and Energy Fuels Inc. (White Mesa). Located approximately 48 miles (77 kilometers) south of Hanksville, Utah, the Shootaring Canyon Mill is a conventional acid-leach facility that is permitted to process up to 750 tonnes of ore per day, with a capacity to process up to 1,000 tonnes per day. The mill was built in 1980 and during its period of operation it processed and sold 27,825 pounds of U 3 O 8. It ceased operation with the collapse of the uranium price in the early 1980s.
Velvet-Wood Project
The Velvet-Wood Project is one of the most advanced conventional uranium projects in the U.S. Between 1979 and 1984, approximately 400,000 tons of ore were mined from the Velvet Deposit at grades of 0.46% U 3 O 8 and 0.64% VO 5 (recovering approximately 4 million pounds of U 3 O 8 and 5 million pounds of V 2 O 5 ).
Some underground infrastructure is already in place at the Velvet mine including a 3,500-foot long, 12' x 9' decline to the resource. The remaining mineral resources of the combined Velvet and Wood mines have been estimated to comprise 4.6 million pounds of U 3 O 8 at a grade of 0.29% U 3 O 8 (measured and indicated resource) and 552,000 pounds of U 3 O 8 at a grade of 0.32% U 3 O 8 (inferred resource).
Area/Classification Tons Average Grade % eU 3 O 8Pounds U 3 O 8
Velvet Measured Mineral Resource 362,6000.27 1,966,000
Velvet Indicated Mineral Resource 71,200 0.38 548,000
Wood Indicated Mineral Resource 377,0000.28 2,113,000
TOTAL MEASURED AND INDICATED MINERAL RESOURCE810,8000.29 4,627,000
TOTAL INFERRED MINERAL RESOURCE 87,000 0.32 552,000
( Source : Velvet-Wood Mine Uranium Project, San Juan County, Utah USA 43-101 Mineral Reserve and Resource Report , Author : BRS Inc .; Date : 11/14/2014 )
Frank M Deposit
The Frank M deposit, located approximately 12 km north of the Shootaring Canyon Mill, has an historic indicated mineral resource estimate of 2.2 million pounds of U 3 O 8 at a grade of 0.101% U 3 O 8 .
Classification Tons Average grade % U3O8 Pounds U3O8
Historic indicated 1,095,000 0.101 2,210,000
( Source : Frank M Uranium Project, 43-101 Mineral Resource Report, Garfield County, Utah USA ; Author : BRS, Inc .; Date : 8/10/2008 ).
Anfield is not treating the Frank M historical estimate as current mineral resources or mineral reserves. A qualified person has not yet done sufficient work to classify the historical estimate as current mineral resources or mineral reserves.
This historical resource estimate was developed based on analysis of radiometric data from 838 historic holes and chemical assay from 17 historic core holes. The historical estimate also utilizes nine additional core holes that were drilled in 2007 to provide data verification and equilibrium evaluation. The grade thickness contour method was used to develop the resource estimates, evaluating grade thicknesses ranging from 0.10 to 1.00. The results disclosed in the table above are based on a grade thickness of 0.25.
The Frank M historical estimate was prepared by BRS, Inc., a well-known mineral exploration and mining consulting firm using the standards of CIM Indicated Mineral Resources. Thus, the Company considers the historical estimate to be reliable.
Anfield intends to work with the same group to complete sufficient verification drilling at Frank M to bring the historical estimate to a current Indicated Mineral Resource.
Royalty Portfolio
The Transaction also contains a number of royalty arrangements on projects held by publicly-traded companies that have the potential to be an additional source of income for Anfield. The royalty projects are not currently in production, and no royalty would be due to Anfield until commencement of production. The royalty arrangements are summarized as follows:
-2% to 4% sliding scale production royalty on Azarga Uranium Corporation's (formerly Powertech (USA) Inc.) Dewey Burdock project in Custer and Fall River Counties, South Dakota.
-2% net smelter returns royalty on Western Uranium Corporation's San Rafael project in Emery County, Utah.
-2% to 4% sliding scale gross value royalty on Energy Fuels Inc.'s Whirlwind project in Grand County, Utah.?
-1% royalty on Energy Fuels Inc.'s Energy Queen project in San Juan County, Utah.
Surface Stockpiles
Anfield currently holds two surface stockpiles. One of the stockpiles is located at the Shootaring Canyon Mill, with a historical estimate of 250,000 pounds of U 3 O 8 at an average grade of 0.13% U 3 O 8 . (Source: Definitive Cost Estimate for the Restart of Shootaring Canyon Mill, Ticaboo, Utah, Lyntek Incorporated, 7/28/2008.) The other surface stockpile is located in the Lisbon Valley, having a historical mineral resource estimate of approximately 165,000 pounds of U 3 O 8 at an average grade of 0.09% U 3 O 8 . (Source: Technical Report on the Lisbon Valley Uranium Properties Utah, Roscoe Postle Associates Inc., 9/12/2005.)
These surface stockpiles are significant, in that they represent potential mill feed sources with no mining costs and very low removal costs.
Anfield is not treating the historical estimates of the surface stockpiles as current mineral resources or mineral reserves. A qualified person has not yet done sufficient work to classify the historical estimate as current mineral resources or mineral reserves.
Anfield cannot guarantee the reliability of these historical estimates, as the parameters, assumptions and methods used to estimate the historical resource are not known.
Anfield intends to conduct a sampling program and survey, in accordance with CIM standards and terminology, to determine the grade and tonnage of material present in the stockpiles, and to upgrade the historical estimates to a current resource.
We seek Safe Harbor.
© 2016 Canjex Publishing Ltd. All rights reserved.
2016-05-12 11:45 ET - News Release
Mr. Corey Dias reports
ANFIELD RESOURCES INC. PROVIDES UPDATE REGARDING ITS URANIUM ASSETS
Anfield Resources Inc. has provided an update on its uranium assets. On September 1, 2015 Anfield announced the acquisition of the Shootaring Canyon Uranium Mill, one of only three licensed, permitted and constructed conventional uranium mills in the United States, and a portfolio of conventional mining assets from Uranium One.
Since the closing of the Uranium One transaction, Anfield has made significant progress in advancing the project. The Utah Division of Waste Management and Radiation Control ("UDWMRC"), following its extensive review and a public hearing, formally transferred the Shootaring Canyon Uranium Mill's Radioactive Materials License ("RML") and the Groundwater Quality Discharge Permit from Uranium One Americas Inc. to Anfield, and Anfield is now preparing an RML renewal application to extend its term. The Company also continues to work with BRS Inc., an engineering firm, to complete a Preliminary Economic Assessment of the Velvet-Wood Mine. In addition, the Company has increased its focus on the acquired Henry Mountains property, an area which includes Anfield's Frank M mine. Finally, the Company has also initiated a review of a sampling and survey program related to the surface stockpiles acquired in the Uranium One transaction.
Corey Dias, Anfield's CEO stated, "We continue to make progress with advancing our uranium assets. We believe the steps we have taken are providing Anfield with a solid base from which to incorporate the development of the Shootaring Canyon Mill. Overall, we remain positive with regard to the uranium market. Primary production cannot meet present-day consumption. Moreover, only 35% of the uranium consumed over the past three years has been replaced with long-term contracting, which means that uncovered demand is likely to be a significant concern moving forward. We feel that Anfield is well positioned to play a role in addressing the future uranium supply and demand imbalance."
About Anfield's Properties
Anfield is an energy metals exploration, 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 energy metals assets. Anfield is a publicly-traded corporation listed on the TSX-Venture Exchange (ARY-V) and the Frankfurt Stock Exchange (0AD). Anfield is focused on the development of projects, as summarized below:
Key Assets
Shootaring Canyon Uranium Mill
The Shootaring Canyon Uranium Mill is one of only three licensed, permitted and constructed conventional uranium mills in existence in the U.S., with the other two held by BHP Billiton (Sweetwater) and Energy Fuels Inc. (White Mesa). Located approximately 48 miles (77 kilometers) south of Hanksville, Utah, the Shootaring Canyon Mill is a conventional acid-leach facility that is permitted to process up to 750 tonnes of ore per day, with a capacity to process up to 1,000 tonnes per day. The mill was built in 1980 and during its period of operation it processed and sold 27,825 pounds of U 3 O 8. It ceased operation with the collapse of the uranium price in the early 1980s.
Velvet-Wood Project
The Velvet-Wood Project is one of the most advanced conventional uranium projects in the U.S. Between 1979 and 1984, approximately 400,000 tons of ore were mined from the Velvet Deposit at grades of 0.46% U 3 O 8 and 0.64% VO 5 (recovering approximately 4 million pounds of U 3 O 8 and 5 million pounds of V 2 O 5 ).
Some underground infrastructure is already in place at the Velvet mine including a 3,500-foot long, 12' x 9' decline to the resource. The remaining mineral resources of the combined Velvet and Wood mines have been estimated to comprise 4.6 million pounds of U 3 O 8 at a grade of 0.29% U 3 O 8 (measured and indicated resource) and 552,000 pounds of U 3 O 8 at a grade of 0.32% U 3 O 8 (inferred resource).
Area/Classification Tons Average Grade % eU 3 O 8Pounds U 3 O 8
Velvet Measured Mineral Resource 362,6000.27 1,966,000
Velvet Indicated Mineral Resource 71,200 0.38 548,000
Wood Indicated Mineral Resource 377,0000.28 2,113,000
TOTAL MEASURED AND INDICATED MINERAL RESOURCE810,8000.29 4,627,000
TOTAL INFERRED MINERAL RESOURCE 87,000 0.32 552,000
( Source : Velvet-Wood Mine Uranium Project, San Juan County, Utah USA 43-101 Mineral Reserve and Resource Report , Author : BRS Inc .; Date : 11/14/2014 )
Frank M Deposit
The Frank M deposit, located approximately 12 km north of the Shootaring Canyon Mill, has an historic indicated mineral resource estimate of 2.2 million pounds of U 3 O 8 at a grade of 0.101% U 3 O 8 .
Classification Tons Average grade % U3O8 Pounds U3O8
Historic indicated 1,095,000 0.101 2,210,000
( Source : Frank M Uranium Project, 43-101 Mineral Resource Report, Garfield County, Utah USA ; Author : BRS, Inc .; Date : 8/10/2008 ).
Anfield is not treating the Frank M historical estimate as current mineral resources or mineral reserves. A qualified person has not yet done sufficient work to classify the historical estimate as current mineral resources or mineral reserves.
This historical resource estimate was developed based on analysis of radiometric data from 838 historic holes and chemical assay from 17 historic core holes. The historical estimate also utilizes nine additional core holes that were drilled in 2007 to provide data verification and equilibrium evaluation. The grade thickness contour method was used to develop the resource estimates, evaluating grade thicknesses ranging from 0.10 to 1.00. The results disclosed in the table above are based on a grade thickness of 0.25.
The Frank M historical estimate was prepared by BRS, Inc., a well-known mineral exploration and mining consulting firm using the standards of CIM Indicated Mineral Resources. Thus, the Company considers the historical estimate to be reliable.
Anfield intends to work with the same group to complete sufficient verification drilling at Frank M to bring the historical estimate to a current Indicated Mineral Resource.
Royalty Portfolio
The Transaction also contains a number of royalty arrangements on projects held by publicly-traded companies that have the potential to be an additional source of income for Anfield. The royalty projects are not currently in production, and no royalty would be due to Anfield until commencement of production. The royalty arrangements are summarized as follows:
-2% to 4% sliding scale production royalty on Azarga Uranium Corporation's (formerly Powertech (USA) Inc.) Dewey Burdock project in Custer and Fall River Counties, South Dakota.
-2% net smelter returns royalty on Western Uranium Corporation's San Rafael project in Emery County, Utah.
-2% to 4% sliding scale gross value royalty on Energy Fuels Inc.'s Whirlwind project in Grand County, Utah.?
-1% royalty on Energy Fuels Inc.'s Energy Queen project in San Juan County, Utah.
Surface Stockpiles
Anfield currently holds two surface stockpiles. One of the stockpiles is located at the Shootaring Canyon Mill, with a historical estimate of 250,000 pounds of U 3 O 8 at an average grade of 0.13% U 3 O 8 . (Source: Definitive Cost Estimate for the Restart of Shootaring Canyon Mill, Ticaboo, Utah, Lyntek Incorporated, 7/28/2008.) The other surface stockpile is located in the Lisbon Valley, having a historical mineral resource estimate of approximately 165,000 pounds of U 3 O 8 at an average grade of 0.09% U 3 O 8 . (Source: Technical Report on the Lisbon Valley Uranium Properties Utah, Roscoe Postle Associates Inc., 9/12/2005.)
These surface stockpiles are significant, in that they represent potential mill feed sources with no mining costs and very low removal costs.
Anfield is not treating the historical estimates of the surface stockpiles as current mineral resources or mineral reserves. A qualified person has not yet done sufficient work to classify the historical estimate as current mineral resources or mineral reserves.
Anfield cannot guarantee the reliability of these historical estimates, as the parameters, assumptions and methods used to estimate the historical resource are not known.
Anfield intends to conduct a sampling program and survey, in accordance with CIM standards and terminology, to determine the grade and tonnage of material present in the stockpiles, and to upgrade the historical estimates to a current resource.
We seek Safe Harbor.
© 2016 Canjex Publishing Ltd. All rights reserved.
Antwort auf Beitrag Nr.: 52.352.115 von Jumper1 am 05.05.16 19:56:14
vielen Dank jumber, endlich mal was gehört. hängt also ab von der Kreditzusage ca. im Juli.
aber dann noch 2 Jahre bis Produktionsbeginn, mein lieber Scholli, das ist lang
Gruß
eri72
vielen Dank jumber, endlich mal was gehört. hängt also ab von der Kreditzusage ca. im Juli.
aber dann noch 2 Jahre bis Produktionsbeginn, mein lieber Scholli, das ist lang
Gruß
eri72
Antwort auf Beitrag Nr.: 52.209.361 von eri72 am 17.04.16 23:07:16https://stock-telegraph.com/gestriges-telefonat-mit-corey-di…
Antwort auf Beitrag Nr.: 52.207.633 von Jumper1 am 17.04.16 15:23:58
ich glaube nicht mehr so recht an deren Zukunft.
...ausserdem.....ich habe auch schon mehrfach gemailt...von denen kommt nie Antwort. Das sagt mir alles.
ich glaube nicht mehr so recht an deren Zukunft.
...ausserdem.....ich habe auch schon mehrfach gemailt...von denen kommt nie Antwort. Das sagt mir alles.
Trading Spotlight
Antwort auf Beitrag Nr.: 52.207.558 von eri72 am 17.04.16 15:10:15Ja ich finde die Public Relaation von Anfield auch Scheiße. Hab Corey auch schon angeschrieben aber still ruht der See. Ich vermute mal das die einfach keine News haben. Die geplatzte 12 Mio Finanzierung wird wohl der Grund für die Verschiebung sein. Daher glaube ich, dass Corey
die beiden neuen Leute geholt hat.
die beiden neuen Leute geholt hat.
Antwort auf Beitrag Nr.: 52.207.399 von Jumper1 am 17.04.16 14:30:26
meinst du wirklich ?
vor einem Jahr wollten die mit der Produktion anfangen. Und kaum eine Nachricht seitens der Firma an die Öffentlichkeit.
schon extrem schwach.
meinst du wirklich ?
vor einem Jahr wollten die mit der Produktion anfangen. Und kaum eine Nachricht seitens der Firma an die Öffentlichkeit.
schon extrem schwach.
Antwort auf Beitrag Nr.: 52.173.715 von eri72 am 12.04.16 22:01:33Francis Roche wird wohl ein bischen Geld einsammeln und Brian Stecyk wird ein bischen promoten.
Ich denke da werden wir bald ein paar Good News bekommen.
Ich denke da werden wir bald ein paar Good News bekommen.
Anfield hires Roche, Stecyk as advisers
2016-04-12 09:11 ET - News Release
Mr. Corey Dias reports
ANFIELD RESOURCES RETAINS ADVISORS
Anfield Resources Inc. has retained the services of both Francis Roche and Brian Stecyk to provide strategic advisory services to the company.
Mr. Roche has 25 years of experience in corporate finance and institutional sales. Mr. Roche founded Roche Securities in 1993, and prior to 1993, Mr. Roche was an investment banker for six years with CIBC-Wood Gundy in Toronto and Calgary. Mr. Roche has an extensive network of institutional investors in Canada, as well as international investors, and has strong relationships with small and specialized fund managers. Mr. Roche's areas of expertise include Canadian and international junior oil and gas, oil and gas service companies, biotechnology and technology, and mining. For emerging growth companies, both in Canada and internationally, Mr. Roche was involved in financing both public and private companies, providing a full range of corporate finance advisory services, including underwriting public and private offerings of debt and equity securities and facilitating mergers and acquisitions.
Mr. Stecyk is president of Rose Country Communications Ltd. and has operated his own marketing and communications firm for over 35 years. Mr. Stecyk has planned and managed many issue-sensitive communications projects and was strategically involved in the communications products for the privatization of PetroCanada. Mr. Stecyk has an extensive background in public issue management, development and analysis of market research, and focus group testing. This expertise has led to the development of comprehensive marketing and organizational plans for a variety of public and private sector clients. His experience includes extensive dealings with public issue management with first nations and Metis, and he has directed public relations and community information for Pembina area landfill (hazardous waste).
We seek Safe Harbor.
© 2016 Canjex Publishing Ltd. All rights reserved.
ob der nochmal was rausreißen kann ??
2016-04-12 09:11 ET - News Release
Mr. Corey Dias reports
ANFIELD RESOURCES RETAINS ADVISORS
Anfield Resources Inc. has retained the services of both Francis Roche and Brian Stecyk to provide strategic advisory services to the company.
Mr. Roche has 25 years of experience in corporate finance and institutional sales. Mr. Roche founded Roche Securities in 1993, and prior to 1993, Mr. Roche was an investment banker for six years with CIBC-Wood Gundy in Toronto and Calgary. Mr. Roche has an extensive network of institutional investors in Canada, as well as international investors, and has strong relationships with small and specialized fund managers. Mr. Roche's areas of expertise include Canadian and international junior oil and gas, oil and gas service companies, biotechnology and technology, and mining. For emerging growth companies, both in Canada and internationally, Mr. Roche was involved in financing both public and private companies, providing a full range of corporate finance advisory services, including underwriting public and private offerings of debt and equity securities and facilitating mergers and acquisitions.
Mr. Stecyk is president of Rose Country Communications Ltd. and has operated his own marketing and communications firm for over 35 years. Mr. Stecyk has planned and managed many issue-sensitive communications projects and was strategically involved in the communications products for the privatization of PetroCanada. Mr. Stecyk has an extensive background in public issue management, development and analysis of market research, and focus group testing. This expertise has led to the development of comprehensive marketing and organizational plans for a variety of public and private sector clients. His experience includes extensive dealings with public issue management with first nations and Metis, and he has directed public relations and community information for Pembina area landfill (hazardous waste).
We seek Safe Harbor.
© 2016 Canjex Publishing Ltd. All rights reserved.
ob der nochmal was rausreißen kann ??
Vancouver, British Columbia / TheNewswire / November 5, 2015 -- Anfield Resources Inc. (TSX.V: ARY)(OTCQB: ANLDF)(FRANKFURT: 0AD)("Anfield" or "the Company") is pleased to announce that it has closed a transaction with a subsidiary of Energy Fuels Inc. (TSX:EFR)(NYSE MKT:UUUU) ("Energy Fuels") to sell Anfield's 50% interest in the Wate breccia pipe to Energy Fuels in a cash and stock transaction valued at US$1.1 million.
Corey Dias, Anfield's CEO stated, "Given how recently we closed the acquisition of Uranium One's U.S. conventional uranium assets, we are satisfied to have come to terms with Energy Fuels to sell our interest in the Wate breccia pipe. Moreover, given that Wate is a non-core uranium asset for Anfield, and that Energy Fuels has significant expertise in mining this type of deposit, we view this as a win-win transaction. We will continue to focus on our development of the Velvet-Wood mine and the Shootaring Canyon mill, the key assets at the heart of our Uranium One transaction".
Anfield will receive 50% of the US$1.1 million at Closing, with this initial payment equally divided between cash and stock. The second payment of US$550,000 will be made upon the achievement of certain milestones related to the Wate project and will also be evenly divided between cash and stock.
About Anfield's Properties
Anfield is an energy metals exploration, 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 energy metals assets. Anfield is a publicly-traded corporation listed on the TSX-Venture Exchange (ARY-V), the OTCQB (ANLDF) and the Frankfurt Stock Exchange (0AD). Anfield is focused on the development of projects, as summarized below:
Uranium
On August 31st, Anfield announced that it had completed the acquisition Uranium One's US conventional uranium assets. A key asset acquired 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 uranium assets consist of mining claims and state leases in southeastern Utah, Colorado, South Dakota and Arizona, targeting areas where past uranium mining or prospecting occurred. Anfield's uranium assets include the Velvet-Wood Project, the Frank M Uranium Project, as well as the Findlay Tank breccia pipe. All assets are situated within a 125-mile radius of the Shootaring Mill.
On behalf of the Board of Directors
ANFIELD RESOURCES 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 Resources Inc.
Clive Mostert
Corporate Communications
780-920-5044
info@anfieldresources.com
www.anfieldresources.com
Corey Dias, Anfield's CEO stated, "Given how recently we closed the acquisition of Uranium One's U.S. conventional uranium assets, we are satisfied to have come to terms with Energy Fuels to sell our interest in the Wate breccia pipe. Moreover, given that Wate is a non-core uranium asset for Anfield, and that Energy Fuels has significant expertise in mining this type of deposit, we view this as a win-win transaction. We will continue to focus on our development of the Velvet-Wood mine and the Shootaring Canyon mill, the key assets at the heart of our Uranium One transaction".
Anfield will receive 50% of the US$1.1 million at Closing, with this initial payment equally divided between cash and stock. The second payment of US$550,000 will be made upon the achievement of certain milestones related to the Wate project and will also be evenly divided between cash and stock.
About Anfield's Properties
Anfield is an energy metals exploration, 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 energy metals assets. Anfield is a publicly-traded corporation listed on the TSX-Venture Exchange (ARY-V), the OTCQB (ANLDF) and the Frankfurt Stock Exchange (0AD). Anfield is focused on the development of projects, as summarized below:
Uranium
On August 31st, Anfield announced that it had completed the acquisition Uranium One's US conventional uranium assets. A key asset acquired 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 uranium assets consist of mining claims and state leases in southeastern Utah, Colorado, South Dakota and Arizona, targeting areas where past uranium mining or prospecting occurred. Anfield's uranium assets include the Velvet-Wood Project, the Frank M Uranium Project, as well as the Findlay Tank breccia pipe. All assets are situated within a 125-mile radius of the Shootaring Mill.
On behalf of the Board of Directors
ANFIELD RESOURCES 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 Resources Inc.
Clive Mostert
Corporate Communications
780-920-5044
info@anfieldresources.com
www.anfieldresources.com
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