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Anfield Energy Completes Drilling of Monitoring Wells at Shootaring Canyon Mill and Slick Rock Mine Complex
VANCOUVER, British Columbia, May 13, 2026 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (NASDAQ: AEC; TSX.V: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”) is
About this update from Anfield Energy Inc
[{"type":"text","content":" VANCOUVER, British Columbia, May 13, 2026 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (NASDAQ: AEC; TSX.V: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce the successful completion of monitoring well drilling programs at its Shootaring Canyon Mill in Utah and its Slick Rock Mine Complex in Colorado. This announcement follows the news release of May 4 regarding Anfield’s updated PEA, with its favourable economics and expected mine and mill capex payback period of 1.3 years. At the Shootaring Canyon Mill, the Company has drilled eight new monitoring wells. These wells were strategically spaced near proposed process ponds and the tailings management facility to deliver additional baseline groundwater data in advance of operations. The new wells will also serve as ongoing monitoring points facilitating the Shootaring Canyon Mill restart by supporting robust environmental oversight prior, during, and post operations. At the Slick Rock Mine Complex — Anfield’s largest uranium mineral resource estimate1 in Colorado and the project expected to become the Company’s largest producing mine in the state — three monitoring wells were completed. These wells will facilitate aquifer sampling, and hydrologic characterization prior to the commencement of planned future production activities and will provide essential monitoring data once production begins. “These monitoring well programs represent important milestones in the advancement of both the Shootaring Canyon Mill and the Slick Rock project toward production,” stated Corey Dias, CEO of Anfield. “Anfield has set a clear goal of returning two mines to production each year as we execute our hub-and-spoke strategy. The Shootaring Canyon Mill is well advanced in the renewal of its radioactive materials license with the State of Utah, Velvet-Wood is fully permitted and under construction, JD-8 is in permitting and near turnkey status, and we are now turning our focus to both Slick Rock and JD-7. “The Company’s growth over the past 12 months has been unmatched in the industry, and there has never been a more exciting time in Anfield’s history. By proactively investing in comprehensive environmental data collection, Anfield is demonstrating its commitment to responsible mineral resource development. We take our responsibility as stewards of public lands very seriously and rem...