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Project: | Charlie | |
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Deposit: | Charlie | |
Location: | United States | |
Commodities: | Uranium | |
Date: | 9/24/2019 | |
Report Code: | NI43-101 | |
Report Type: | PEA | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 24-9-2019: Anfield Energy Inc. announces a PEA report for its Charlie deposit at the Charlie project. PEA results incl. pre-tax NPV (8%) of $18.9M, IRR of 60%. VANCOUVER, BRITISH COLUMBIA -- GLOBAL NEWSWIRE – September 24, 2019 — Anfield Energy Inc. (TSX. | |
Resources: | (Resource): 1.255Mt @ 0.123% eU3O8 (Ind.), 411Kt @ 0.120% eU3O8 (Inf.) | |
CP/QP: | [Overall Report]: Douglas Beahm (BRS Inc.) | |
ABSTRACT: | VANCOUVER, BRITISH COLUMBIA -- GLOBAL NEWSWIRE – September 24, 2019 — Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to report the results of its Preliminary Economic Assessment (PEA) for the recently-acquired Wyoming-based Charlie Uranium Project (“Charlie Project”). The independent PEA was prepared in accordance with National Instrument 43-101 standards of disclosure for mineral properties. The PEA is based on mining the uranium deposits via the In-Situ Recovery (ISR) method and delivering the wellfield solutions via pipeline to Uranium One Inc.’s Christensen Ranch ion exchange facility for initial processing. The resulting loaded resin will be shipped to the Irigaray Central Processing Plant (ICPP) for final processing. The terms under which both the resin capture and processing will take place are found in the Resin Capture and Processing Agreement recently signed between Uranium One and Anfield. The project area consists of one State of Wyoming mining lease, totaling approximately 720 acres. The current 10-year mineral lease will expire on June 20, 2026 and is renewable under an exclusive right. | |
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