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Anfield Resources Inc. (TSXV:ARY) acquired 239 unpatented mining claims in 49 mining claim groups on federal land in Colorado, from Alamosa Mining Corp. This provides Anfield access to mineral rights on over 4,800 acres in four separate districts within the Uravan Mineral Belt. Anfield’s uranium portfolio now consists of 600 unpatented mining claims in 113 claim groups in Utah, Colorado and Arizona, and 9 mineral leases on Utah State Trust Land.
As quoted in the press release:
The acquisition represents a significant increase in Anfield’s uranium footprint, and further advances the strategy of targeting mineralized areas with past uranium production or historical underground workings, as at least one uranium prospect or past-producing uranium mine has been identified within each acquired claim group. The claims all lie within a 100-mile (161 km) radius of Energy Fuels Inc.’s White Mesa mill, the only operating conventional uranium mill in the US, which would facilitate the Company’s aim of toll milling in order to generate near-term cash flow. The claims are also within a 35-mile (56 km) radius of the Energy Fuels Inc.’s proposed Pinion Ridge Mill. Although construction of that mill is currently on hold, it is reported as being fully permitted.
Click here to read the Anfield Resources Inc. (TSXV:ARY) press release
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