Anfield Energy Announces Lease of Additional Patented Mining Claims Expanding Land Holdings for JD-5 and Slick Rock Projects

About this update from Anfield Energy Inc

Anfield Energy Announces Lease of Additional Patented Mining Claims Expanding Land Holdings for JD-5 and Slick Rock Projects VANCOUVER, British Columbia, July 09, 2026 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (NASDAQ: AEC; TSX.V: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Highbury Resources Inc. (“Highbury”), has entered into a Mining Lease Agreement (the “Lease”) dated July 1, 2026, with Gold Eagle Mining Inc. (“Gold Eagle”) for two additional patented mining claims located in southwestern Colorado (collectively, the “Properties”). The Properties will be added to Anfield’s existing property holdings for the JD-5 and Slick Rock projects and will be incorporated into the upcoming mine design and mine permitting activities for these two key assets. The Properties subject to the Lease consist of: Slick Rock Claim: Legally described as S2NW4SE4 N2SE4SE4 SEC 30, T44N R18W NMPM, San Miguel County, Colorado.Paradox D Claim: Legally described as NE4 of SEC 21, T46N, R17W, NMPM, Montrose County, Colorado. These additional Properties strategically expand Anfield’s land position in the prolific Uravan Belt of the Colorado Plateau uranium-vanadium district. The Properties will be integrated into the mine design and permitting workstreams for the JD-5 project (part of the Monogram Mesa / JD project area) and the Slick Rock project complex. Both projects represent important potential feed sources for Anfield’s hub-and-spoke development model, which is centered on the fully permitted Shootaring Canyon Mill in Utah, as detailed in the Company’s recently updated Preliminary Economic Assessment (PEA) filed in June 2026. “We are pleased to have secured these additional patented claims on attractive, royalty-free terms through our partnership with Gold Eagle Mining Inc. I want to thank Don Coram for his support and for the productive working relationship we have developed. Anfield has made excellent progress advancing the Shootaring Canyon Mill and Velvet-Wood Mine in Utah, as well as the JD-8 Mine in Colorado. These new claims will provide additional flexibility as we advance mine design and permitting for the JD-5 and Slick Rock projects as part of our hub-and-spoke strategy. We look forward to...

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