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Anfield Provides Positive Update Regarding its Confirmation Drill Program at Its JD-7 Mine
Globenewswire· 2025-09-30 11:00
Core Insights - Anfield Energy Inc. has completed the first 12 holes of its 20-hole, 8,000-foot confirmation drill program at the JD-7 mine, focusing on uranium and vanadium resources [1][2][5] - The drill program aims to collect geological information, confirm existing resources, and explore potential resource expansion [1][2] - Initial results show significant mineralization, with 10 out of 12 holes exceeding the minimum cutoff grade of 200 ppm eU3O8 [6][7] Drilling Program Details - The drilling commenced on September 15, 2025, and has yielded encouraging results, with gamma ray logging indicating elevated uranium levels [5][6] - Significant intercepts include: - Hole JD7-25-004B: 17.0 ft grading 5,190 ppm (0.519%) eU3O8 with a peak of 14,850 ppm (1.485%) at 153.5 ft - Hole JD7-25-005: 19.0 ft grading 2,380 ppm (0.238%) eU3O8 with a peak of 9,240 ppm (0.924%) at 170.0 ft - Hole JD7-25-012: 17.0 ft grading 1,620 ppm (0.162%) eU3O8 with a peak of 5,990 ppm (0.599%) at 185.0 ft [5][6][7] Resource Confirmation and Expansion - The results indicate robust uranium mineralization across targeted areas, with seven holes showing a Grade Thickness (GT) over 0.5, suggesting high-potential zones [7] - The drilling program is designed to delineate the outer boundaries of the mineralized resource, providing valuable data for refining resource models and future mine planning [7][14] Future Plans - Anfield's CEO expressed optimism regarding the interim drill results, which align with the company's strategy to advance its uranium and vanadium projects toward production [2][14] - The remaining holes are expected to be completed in the coming weeks, with full results to inform future development plans, including integration into Anfield's hub-and-spoke production model centered around the Shootaring Canyon Mill in Utah [2][14] Laboratory Analysis - Two drill holes were completed with cored intervals to obtain physical samples, which will be analyzed by Pace Analytical and Hazen Research to determine uranium and vanadium content [13][14] - The analysis aims to validate gamma ray logging results and refine resource estimates for the JD-7 lease [13][14]