Approval Granted: Anfield Receives Official Greenlight from Utah Regulators for Velvet-Wood Mine Construction

Anfield Energy Inc. has achieved a critical regulatory milestone with the approval from Utah's Department of Oil, Gas & Mining to commence construction of the Velvet-Wood uranium mine. This approval represents the culmination of extensive permitting processes and environmental reviews, clearing the path for physical mine development to begin.

The regulatory greenlight comes at a strategically important time for the U.S. uranium sector, as the country seeks to reduce dependence on foreign uranium supplies and strengthen domestic energy security. The Velvet-Wood project positions Anfield as a contributor to this strategic objective, with the mine expected to provide domestic uranium production capacity.

With construction approval now secured, Anfield can advance to the next phase of project development, which will involve mobilizing contractors, establishing site infrastructure, and beginning physical mine construction activities. The company will need to continue meeting regulatory requirements throughout the construction phase while preparing for eventual production operations.

This development reflects the broader momentum in the U.S. uranium mining sector, where companies are advancing projects to meet growing demand for nuclear fuel and support national energy independence initiatives. The successful permitting of Velvet-Wood demonstrates Anfield's ability to navigate complex regulatory frameworks and positions the company for potential production in the coming years.