Business UpdateJun 8, 2026, 08:01 AM
Anfield Energy Advances Shootaring Uranium Mill Reactivation
AI Summary
Anfield Energy Inc. provided an operational update on the Shootaring Canyon Uranium Mill, detailing progress on its radioactive materials license renewal and preparatory refurbishment work. The company successfully completed drilling 8 additional monitoring wells and began removing leach tanks, aiming for license renewal by year-end and production resumption in 2027. Additionally, Anfield is constructing a temporary man camp to support upcoming activities and has entered into investor relations and market-making agreements with CorProminence LLC and Generation IACP Inc., respectively.
Key Highlights
- Anfield Energy is advancing the renewal of its radioactive materials license for the Shootaring Canyon Uranium Mill.
- The company completed drilling 8 additional monitoring wells, a key requirement for resuming full operations.
- Preparatory refurbishment work has begun, including the removal of existing leach tanks.
- Anfield aims to complete the license renewal by year-end and resume production in 2027.
- A temporary man camp for up to 40 workers is under construction, expected to be completed by year-end.
- Anfield engaged CorProminence LLC for investor relations at US$25,000/month, increasing to US$40,000/month after four months.
- Generation IACP Inc. was engaged for market-making services at C$8,500/month.
Price Impact
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