Anfield Expands Holdings At Firefly Mine Complex

 

VANCOUVER, BC - Anfield Resources Inc. has expanded its holdings at the Firefly Mine Complex, located in the La Sal Area of the Paradox District in Utah. Anfield acquired the original claims in the area from Yellow Rock Resources in January 2014. Favorable historic reports prompted Anfield to expand the claim group from the original eight claims to a total of 55 claims. The additional claims were located on the ground by Anfield pursuant to federal and state laws governing mining locations. The expansion of the claim group is in anticipation of proposed exploration and project development at the site, with an aim of near-term production. Of note, the Firefly Mine Complex is less than 75 miles away from Energy Fuels Inc's White Mesa mill.

Following the expansion, the claim group now includes three historically producing mines within the Firefly Mine Complex. These are known as the Firefly, Gray Dawn, and Little Peter mines.

Anfield is developing plans to conduct an initial exploration program on the Firefly Mine Complex in order to determine the viability of the site as a near-term production target. Initial activities will include performing surveys of the underground workings, geologic mapping, sampling, and performing geophysical surveys on the surface, within old drill holes, and within mine workings. If warranted, further exploration, including drilling, would be pursued to develop a mineral resource. If sufficient mineralization is found to be present within the historic workings, and conditions are satisfactory for mining, mineralized material would be removed and shipped to the White Mesa Mill upon obtaining both the appropriate permits and a contract with the mill.

Corey Dias, CEO of Anfield, stated: The Company is preparing to enter into a new phase with regard to its uranium properties. Up to this point, we have been focused primarily on acquisition of target properties. We are now beginning the process of moving selected acquisitions forward to exploration and near-term production. Based on both our observations and the historic data, the Firefly Mine Complex has the initial characteristics of a key property to lead us to our goal of near-term production and toll milling at the White Mesa Mill.