With the acquisition, uranium portfolio of Anfield consists of 263 unpatented uranium claims in 58 claim groups and nine mineral leases on Utah State Trust Land.
The acquisition involves eight individual claims situated in the La Sal district of the Paradox Area in eastern San Juan county, Utah as well as seven claim groups consisting of 32 individual claims situated in the Henry Mountains Area in eastern Garfield county, Utah.
In addition to six additional claim groups consisting of 31 individual claims situated in the White Canyon Area, the acquisition involves five claim groups consisting of 16 individual claims situated in the Cottonwood/Abajo district of the Monticello Area in central San Juan county, Utah.
Anfield CEO Corey Dias said the acquisition from Yellow Rock advances Anfield’s strategy of targeting mineralized areas with past uranium production or historical underground workings.
"These acquired claims complement our current Utah uranium portfolio, allowing us to not only expand our existing mining footprint within certain uranium districts but also gain a foothold in one additional district with a history of significant uranium and vanadium production," Dias added.
"We believe that our diversified claim portfolio will enhance our ability to develop a sustainable source of uranium ore in aggregate."
Additionally, the company acquired thirteen claim groups consisting of 43 individual claims situated in the Montezuma Canyon District of the Monticello Area in eastern San Juan county, Utah.
