Anfield Energy completed monitoring well drilling at its Shootaring Canyon Mill and Slick Rock Mine Complex, advancing licensing and operational readiness for its hub-and-spoke uranium strategy.
Key takeaways
Eight monitoring wells drilled at Shootaring Canyon Mill for baseline groundwater data and ongoing oversight.
Three monitoring wells completed at Slick Rock Mine Complex for aquifer sampling and hydrologic characterization.
Slick Rock is Anfield's largest uranium resource in Colorado with 0.8M lbs eU3O8 indicated and 9.1M lbs inferred.
CEO Corey Dias stated goal of returning two mines to production each year under hub-and-spoke strategy.
Shootaring Canyon Mill is advancing radioactive materials license renewal with Utah.
Development decisions are not based on a feasibility study, adding uncertainty to economics and viability.