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Approval Granted: Anfield Receives Official Greenlight from Utah Regulators for Velvet-Wood Mine Construction
Permitting Complete, Construction to Follow: Velvet-Wood has now received approval from both th...
About this update from Anfield Energy Inc
[{"type":"text","content":"Approval Granted: Anfield Receives Official Greenlight from Utah Regulators for Velvet-Wood Mine Construction\n\n\n\n\n\n Permitting Complete, Construction to Follow:\n \n Velvet-Wood has now received approval from both the Federal and State authorities, which will allow for the acceleration of mine preparation and, ultimately, commencement of construction and production. Immediate mobilization is commencing, with groundbreaking to follow within 30 days.\n \n\n\n\n Critical Milestones Planned:\n \n Near-term plans for Velvet-Wood include: 1) the reopening of the mine portal; 2) mine dewatering; 3) construction of surface facilities; 4) underground inspection and pre-construction assessment; and 5) construction of a new incline into the mine.\n \n\n\n\n Advancing U.S. Energy Independence:\n \n This is a critical advancement of a key piece of Anfield’s integrated mine-to-mill strategy, underpinned by its Shootaring Canyon uranium mill, and reinforces the Company’s position as a near-term contributor to U.S. energy security\n \n\n\n\n VANCOUVER, British Columbia, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (NASDAQ: AEC; TSX.V: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce that it has received the required approval from the Utah Department of Oil, Gas and Mining (DOGM) for Anfield to commence the advancement of the Company’s Velvet-Wood uranium project in Utah to construction. The U.S. Department of the Interior (“DOI”) had previously approved the environmental permit for Velvet-Wood as it was previously selected as part of the federal government’s national response to the energy emergency declared by President Donald J. Trump.\n \n\n Corey Dias, CEO of Anfield, commented:\n \n\n\n “We are very pleased to receive approval from the Utah Department of Oil, Gas and Mining for our Velvet-Wood project. Having achieved this critical milestone, Anfield’s path is now clear to advance the Velvet-Wood mine to construction and, ultimately, to production. This reinforces our view that Velvet-Wood’s status as a past-producing uranium and vanadium mine with a small environmental footprint is advantageous to the Company’s aim to pursue near-term production. The Company will now pivot to advancing the project throug...