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Anfield Resources Inc.
Summary
| Project: | Red Rim | |
|---|---|---|
| Deposit: | Red Rim | |
| Location: | United States | |
| Commodities: | Uranium | |
| Date: | 4/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-4-2017: Anfield Resources Inc. announces a Resource Estimation report for its Red Rim deposit at the Red Rim project. Initial NI 43-101 compliant Resource Estimate for Red Rim. The report titled “Red Rim Uranium Project, Mineral Resource Technical Repor | |
| Resources: | (Resource): 336kt @ 0.170% eU3O8 (Ind.) and 472kt @ 0.163% eU3O8 (Inf.) at project | |
| CP/QP: | [Resources]: Douglas L. Beahm (BRS Inc.) | |
| ABSTRACT: | The report titled “Red Rim Uranium Project, Mineral Resource Technical Report, National Instrument 43-101, Carbon County, Wyoming, USA” (Technical Report) was prepared by BRS Inc. in accordance with Canadian Institute Mining (CIM) Best Practice Guidelines for the Estimation of Mineral Resources and Mineral Reserves (CIM standards) and has an effective date of March 31, 2017. The Red Rim was extensively explored during the 1970’s through the early 1980’s with the principal exploratory work and drilling completed by Umetco Minerals, formerly Union Carbide Mining and Metals Division (UCC). The available data, at the time this report was prepared, consisted of drill intercept data from 2 core holes and 136 of the total rotary drill holes including drill intercept and geophysical logs. The chemical assay data form the core holes shows a range of disequilibrium factors for individual mineralized zones (DEF) form 0.71 to 1.47:1. Conceptual economic evaluations should be completed appropriate to the mining method to determine appropriate cutoff criteria and general economics of the deposit. Options are probably limited to conventional underground mining and ISR due to depth. If ISR mining is selected as the appropriate mining method, an investigation program should be completed to define the amenability of the deposit to this extraction method and include a definition of basic hydrologic parameters and mineral chemistry. Methods for reservoir development should be investigated; including application of directional drilling methods. Future drilling should consider the application of directional drilling methods both for the delineation and development of this deposit. Overall it is recommended that the development of the Project proceed in phases with each successive phase modified based on the results of the previous phase. | |
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