Anfield Energy completes first underground blast at Velvet-Wood uranium-vanadium mine in nearly 40 years

Reuters2026/08/27 11:01

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Anfield Energy completed the first underground blast in nearly 40 years at the Velvet-Wood uranium-vanadium project in Utah.
Rehabilitation reached 700 feet of the decline, supporting a restart pathway for the mine, which last produced in 1984.
Water treatment plant construction is nearly complete; testing and sampling are expected within weeks, followed by a 60-day test period.
Dewatering of the remaining decline is expected to take about three weeks once active pumping starts; historic workings may take two to three months.
Work advances a hub-and-spoke strategy centered on the fully permitted Shootaring Canyon Mill in Utah.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anfield Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608270700PRIMZONEFULLFEED9816917) on August 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Anfield Energy completes first underground blast at Velvet-Wood uranium-vanadium mine in nearly 40 years

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