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Anfield Resources' uranium mining ambitions bolstered with latest resource estimate

This showed an inferred resource of 957,000 tons of material with an average grade of 0.058% uranium.
Anfield Resources' uranium mining ambitions bolstered with latest resource estimate
It was the equivalent of an inferred resource of 1,113,000 pounds of U3O8 (uranium).

Anfield Resources Inc's (CVE:ARY) uranium mining aims in Wyoming took a step further today  - as the group unveiled an NI 43 101 resource estimate for its Clarkson Hill project.

This showed an inferred resource of 957,000 tons of material with an average grade of 0.058% uranium.

It was the equivalent of an inferred resource of 1,113,000 pounds of U3O8 (uranium).

"This report reflects Anfield's continued drive to both identify and delineate the uranium resource on the company's properties in Wyoming in an effort to determine which of these projects are the most prospective," said Corey Dias, Anfield's chief executive.

"Ultimately, Anfield aims to pair a future viable uranium resource with the Resin Processing Agreement it has in place with Uranium One in Wyoming whereby it can process up to 500,000 pounds of uranium per year at Uranium One's Irigaray Central Processing Plant."

In the US state of Wyoming, Anfield holds the Irigaray ISR (in-situ recovery) processing plant, and 2,667 federal mining claims, 56 Wyoming State leases and 15 private leases, which it acquired from Uranium One in September last year.

This latest Clarkson Hill Report is the second in a series of NI 43-101 reports related to Anfield's 24 Wyoming uranium projects, the company said in the statement today.

Clarkson Hill consists of around 500 acres of the mineral holdings of Anfield, and includes 25 unpatented mining lode claims around 20 air miles southwest of Casper.

Shares surged over 9% in Toronto to C$0.06.

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