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Anfield Resources Announces Resource Report for Clarkson Hill Uranium Project, Wyoming
VANCOUVER, BC--(Marketwired - August 08, 2017) - Anfield Resources Inc. (TSX VENTURE: ARY) (OTCQB: ANLDF) (FRANKFURT: 0AD) ("Anfield" or "the Company") is pleas
About this update from Anfield Energy Inc
[{"type":"text","content":"VANCOUVER, BC--(Marketwired - August 08, 2017) - Anfield Resources Inc. (TSX VENTURE: ARY) (OTCQB: ANLDF) (FRANKFURT: 0AD) (\"Anfield\" or \"the Company\") is pleased to announce the receipt of an NI 43-101 mineral resource technical report for the Clarkson Hill uranium project, entitled \"Clarkson Hill Uranium Project, Mineral Resource NI 43-101 Technical Report, Natrona County, Wyoming, USA\" with effective date July 27, 2017 (the \"Clarkson Hill Report\"). Further to Anfield's news release of March 21, 2017, the Clarkson Hill Report is the second in a series of NI 43-101 technical reports related to Anfield's 24 Wyoming uranium projects. The report was completed by BRS, Inc., a consulting and engineering firm with nearly 40 years of experience assessing Wyoming uranium projects. The resource estimate includes an Inferred Resource of 957,000 tons of mineralized material with an average grade of 0.058% (equivalent to an Inferred Resource of 1,113,000 pounds of U3O8). Corey Dias, Anfield's CEO stated, \"This report reflects Anfield's continued drive to both identify and delineate the uranium resource on the Company's properties in Wyoming in an effort to determine which of these projects are the most prospective. Ultimately, Anfield aims to pair a future viable uranium resource with the Resin Processing Agreement it has in place with Uranium One in Wyoming whereby it can process up to 500,000 pounds of uranium per year at Uranium One's Irigaray Central Processing Plant.\" A summary of the Inferred Mineral Resource included in the Clarkson Hill Report is presented in Table 1. Table 1 Inferred Mineral Resources GT minimum Pounds % eU3O8 Tons Average Grade%eU3O8 0.20 1,113,000 957,000 0.058 Mineral resources are not mineral reserves and do not have demonstrated economic viability in accordance with CIM standards. Inferred Mineral Resources are too speculative geologically to have the economic considerations applied to them which would enable them to be categorized as mineral reserves. The Clarkson Hill project comprises approximately 500 acres of the mineral holdings of Anfield, and includes 25 unpatented mining lode claims located approximately 20 air miles southwest of Casper, Wyoming. The data used in the report consists of radiometric-equivalent data (eU3O8) for 255 holes...