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Sep. 10, 2014 11:31AM PST
Anfield Resources (TSXV:ARY) has hired BRS Inc. to complete a mineral resource estimate and a NI 43-101 technical report for its Velvet-Wood uranium property. BRS, Inc. is an engineering and geology consulting corporation with expertise in mining and mineral exploration.
According to the press release:
The Velvet-Wood deposit is the most advanced mining target included in the recent asset acquisition from Uranium One. Between 1979 and 1984 approximately 400,000 tons of ore were mined from the Velvet deposit at grades of 0.46% U3O8 and 0.64% V2O5 (recovering approximately 4 million pounds of U3O8 and 5 million pounds of V2O5).[1] Some underground infrastructure is already in place at the Velvet mine including a 3,500 ft long, 12’ x 9’ decline to the ore body.
Corey Dias, CEO of Anfield, said:
By engaging BRS to perform a resource evaluation at the most advanced mineral property in the acquisition, we are moving forward with an entity that not only possesses significant expertise in the Uranium exploration and development industry, but one that also has an intimate working knowledge of the geology and mineral deposits at the property itself.
Click here to read the Anfield Resources (TSXV:ARY) press release
Click here to see the Anfield Resources (TSXV:ARY) profile.