Anfield Energy Inc., a uranium and vanadium development and production company based in Vancouver, British Columbia, Canada, has agreed to purchase 175 uranium mining claims owned by Nolan Holdings Inc. located in San Juan and Grand counties.
Anfield owns and operates the Shootaring Canyon Uranium Mill in Garfield County as well as other uranium properties in southeastern Utah, Colorado and Arizona. The Shootaring Canyon Mill is one of only three licensed uranium mills in the United States.
“We are pleased to acquire these uranium claims as we believe that they are complementary to our existing portfolio holdings in Utah,” said Corey Dias, Anfield’s CEO. “They are in close proximity to Anfield Energy’s Shootaring Canyon mill, which makes them ideally suited for future exploration and production. When combined with a favorable regulatory environment and low transportation costs, these claims are an ideal addition to Anfield’s portfolio. We believe that these claims will both complement our existing portfolio of assets and serve as part of our longer-term uranium production strategy.”