Anfield Energy Inc (CVE:AEC, OTCQB:ANLDF) told investors it has bought an "extensive" exploration database of uranium and vanadium projects in the Western United States.
This new database, together with Anfield’s already substantial uranium database, constitutes one of the largest depositories of uranium exploration data in the region, it said.
"This acquisition will help to further our efforts to update, or potentially expand, our uranium resources on our 25 Wyoming uranium properties in an even more timely fashion, while allowing us to identify complementary claims or projects," said Corey Dias, the Anfield chief executive.
"Given that we have completed resource reports on only three of our 25 projects, we believe that the acquired data could provide us with an accelerated path to resource delineation."
The database includes extensive physical and digital files and covers over 50 years' exploration and development activity and includes maps, geological studies, prospects, drilling data, exploration reports, resource evaluations and other strategic data.
The data will be catalogued and integrated with Anfield’s existing database, and used to not only enhance its current project portfolio but also target properties that will complement its current uranium and vanadium properties.