Approval Received For The Velvet-Wood Uranium Project

VANCOUVER - Anfield Energy Inc. reported that the U.S. Department of the Interior (DOI) has approved the Velvet-Wood uranium project in San Juan County, Utah. Velvet-Wood was previously selected as part of the federal government’s national response to the energy emergency.

Corey Dias, CEO, said, “We are very pleased that the Department of the Interior has greenlit our Velvet-Wood project in an expedited manner. This confirms our view that Velvet-Wood was well-suited for an accelerated review, given that it is a past-producing uranium and vanadium mine with a small environmental footprint. The Company will now pivot to advancing the project through construction and, ultimately, to production.”