Date:Jul 26, 2018
Anfield Energy Inc (CVE:AEC, OTCQB:ANLDF) has found potential vanadium targets after it recently bought an exploration database of mining projects in the Western United States.
The targets in both Colorado and Utah complement Anfield’s Utah-based Shootaring Canyon mill as Anfield could include a vanadium processing circuit here.
They could also serve as a potential extended vanadium project pipeline beyond the Velvet-Wood uranium/vanadium project.
Anfield revealed that its prospective energy partners have shown an increasing interest in its vanadium assets due to the recent upturn in the vanadium price – from between US$4.00 and US$15.00 per pound.
“The identification of potential vanadium targets in in our recently-acquired database offers a distinct advantage to the company, said Corey Dias, Anfield’s chief executive.
“Anfield has already identified a vanadium exploration target of between 6.3 million pounds and 9.7 million pounds at its past-producing Velvet-Wood uranium mine – at which vanadium was previously produced as a byproduct – and the potential to create a significant pipeline of vanadium projects is compelling,” said Dias.
