Anfield Completes Confirmation Drill Program at JD-7 Mine and Prepares for Resource Update

Anfield Energy Inc. has achieved significant milestones in its uranium development activities, completing a confirmation drill program at the JD-7 Mine and preparing for an upcoming resource update. This exploration work represents a key step in advancing the company's uranium assets and validating the resource potential of the property.

Concurrently, the company has received regulatory approval from Utah's Department of Oil, Gas & Mining to proceed with construction activities at its Velvet-Wood uranium mine. This permitting milestone removes a critical regulatory hurdle and positions Anfield to advance physical development of the project.

These developments occur within the broader context of renewed focus on domestic uranium production to support U.S. energy independence initiatives. The uranium sector has gained strategic importance as policymakers seek to reduce dependence on foreign uranium supplies and strengthen the domestic nuclear fuel cycle. Anfield's progress on multiple fronts positions the company to participate in this strategic shift toward domestic uranium production.

The completion of the JD-7 confirmation drilling and the pending resource update should provide investors with updated technical data on the asset's viability, while the Velvet-Wood construction approval enables the company to move forward with tangible development activities that could lead to production in the medium term.