Anfield Resources to assess vanadium processing option for Shootaring Canyon mill
| Date: Dec 6, 2017 |
| Anfield Resources Inc (CVE:ARY), the energy-focused resource group, was back talking vanadium potential on Tuesday.
It said it was mulling the feasibility of adding a vanadium processing facility to its Shootaring Canyon uranium mill in Utah and has hired BRS Engineering to update the NI 43-101 preliminary economic assessment (PEA) for its Velvet-Wood mine to include a vanadium milling circuit. As reported last month, the group has hired the same group to update its resource report to include a vanadium exploration target. An excited Corey Dias, Anfield’s chief executive, said in a regulatory statement: “Importantly, the Velvet mine has historically produced 4 million pounds of uranium and 5 million pounds of vanadium. “While uranium production remains our core pursuit — especially in the current environment, where uranium producers Cameco and Kazatomprom have announced a combined uranium production cut of over 40 million pounds over 3 years — we are nevertheless committed to seeing the effective development and production of vanadium resources contained and commingled in our feedstock ore. |
