Project UpdateMay 13, 2026, 07:47 AM
Anfield Energy Completes Monitoring Well Drilling at Key Sites
AI Summary
Anfield Energy announced the successful completion of monitoring well drilling programs at its Shootaring Canyon Mill in Utah and Slick Rock Mine Complex in Colorado. Eight new wells at Shootaring Canyon will provide baseline groundwater data and ongoing environmental oversight for the mill's restart, while three wells at Slick Rock will facilitate aquifer sampling and hydrologic characterization for future production. These programs are crucial milestones in advancing both projects towards production, aligning with Anfield's strategy to return two mines to production annually and demonstrating its commitment to responsible mineral resource development.
Key Highlights
- Completed drilling of eight new monitoring wells at Shootaring Canyon Mill in Utah.
- Completed drilling of three monitoring wells at Slick Rock Mine Complex in Colorado.
- Wells provide baseline groundwater data and ongoing environmental monitoring for operations.
- Supports the restart of Shootaring Canyon Mill and future production at Slick Rock.
- Advances key licensing and operational readiness for Anfield's hub-and-spoke strategy.
- Follows a recent updated PEA with a favorable 1.3-year mine and mill capex payback period.
Price Impact
More from AEC