Confirmation Drill Program Completed At The JD-7 Mine

VANCOUVER – Anfield Energy Inc. reported on the completion of a 20-hole, 8,000-foot confirmation drill program at its JD-7 mine, one of the five mines (JD5, JD-6, JD-7, JD-8 and JD-9) which make up the Paradox Mine Complex.   The drill results will be incorporated into a new uranium and vanadium resource report in Q1/26, alongside the additional drilling to be completed at the other JD mines.

Significant intercepts of mineralization from the program include: 1) 17.0 ft grading an average of 5,190 ppm (0.519%) eU3O8 in Hole JD7-25-004B, with a peak of 14,850 ppm (1.485%) eU3O8 at 153.5 ft. 2) 19.0 ft grading an average of 2,380 ppm (0.238%) eU3O8 in Hole JD7-25-005, with a peak of 9,240 ppm (0.924%) eU3O8 at 170.0 ft. 3) 17.0 ft grading an average of 1,620 ppm (0.162%) eU3O8 in Hole JD7-25-012, with a peak of 5,990 ppm (0.599%) eU3O8 at 185.0 ft. 4) 21.0 ft grading an average of 2,500 ppm (0.250%) eU3O8 in Hole JD7-25-014B, with a peak of 7,770 ppm (0.777%) eU3O8 at 212.5 ft.

Corey Dias, CEO, said, “We are very pleased with the drill results as they not only underscore the potential for resource confirmation and possible expansion at JD-7 but also align with Anfield’s broader strategy to advance its portfolio of near-term uranium and vanadium projects toward production. To that end, the creation of the Paradox Mine Complex reflects our plans to create specific targeted uranium and vanadium production centers as we advance these grouped assets through mine planning and, ultimately, production through Anfield’s Shootaring Canyon mill.

Following the success of the Company’s drill program at JD-7, Anfield will commence underground drilling at its remaining JD mines, after which the Company will aim to issue an updated uranium resource for the Paradox Mine Complex which will now also incorporate the more-recently acquired JD-5 mine.”