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Anfield Resources Engages BRS, Inc. to Prepare NI 43-101 Technical Report for Velvet-Wood
(via Thenewswire.ca) VANCOUVER, BRITISH COLUMBIA / TNW-ACCESSWIR E / September 10, 2014...
About this update from Anfield Energy Inc
[{"type":"text","content":"Anfield Resources Engages BRS, Inc. to Prepare NI 43-101 Technical Report for Velvet-Wood(via Thenewswire.ca)\n \n \nVANCOUVER, BRITISH COLUMBIA / TNW-ACCESSWIRE / September 10, 2014 / Anfield Resources Inc. (TSX.V: ARY)(OTCQB: ANLDF) (\"Anfield\" or \"the Company\") is pleased to announce that it has engaged BRS, Inc. to complete a mineral resource estimate and NI 43-101 technical report for the Velvet-Wood Uranium property, one of the most prospective mineral properties in the recent asset purchase from Uranium One. \n\n \n \nThe Velvet-Wood deposit is the most advanced mining target included in the recent asset acquisition from Uranium One. Between 1979 and 1984 approximately 400,000 tons of ore were mined from the Velvet deposit at grades of 0.46% U3O8 and 0.64% V2O5 (recovering approximately 4 million pounds of U3O8 and 5 million pounds of V2O5).[1] Some underground infrastructure is already in place at the Velvet mine including a 3,500 ft long, 12' x 9' decline to the ore body. \n\n\n \nIn 2008, BRS prepared both a draft feasibility study and a technical report for the Velvet-Wood deposit when it was under the ownership of Uranium One. While those reports were prepared in accordance with NI 43-101, they were not disclosed to the public as those properties were not material to their owners at that time. In those reports, BRS estimated that the combined Velvet and Wood mines comprise 4.6 million pounds of U3O8 at a grade of 0.285% U3O8 (measured and indicated historic resource) and 638,500 pounds of U3O8 at a grade of 0.173% U3O8 (inferred historic resource).[2] In the current engagement, BRS will verify, update, and expand upon its previous Velvet-Wood resource estimate. It is anticipated that the historical estimate for the Velvet and Wood deposits will be updated to a current mineral resource.\n\n\n \nBRS, Inc. is an engineering and geology consulting corporation with expertise in mining and mineral exploration. Of particular note, it specializes in Uranium exploration, mineral resource evaluation, mine design, feasibility, mine operations, and reclamation. It has completed numerous Uranium projects including technical reports and feasibility studies for underground, open pit, ISR, and conventional Uranium mills. Representative projects include technical reports and due diligence for project financing for conventional ura...