- Anfield (AEC) has taken essential steps to advance the Velvet-Wood Project in Utah
- The company has engaged BRS and Wright Environmental Services to restart the project’s permit application process
- It is also commissioning an updated plan of operations and environmental studies
- The company views the project as a critical part of its production objectives
- Anfield is a uranium, vanadium and precious metals development and near-term production company with assets in the U.S.
- Anfield (AEC) is up 3.7 per cent trading at $0.14 per share
Anfield (AEC) has taken essential steps to advance the Velvet-Wood Project in Utah.
The company has engaged BRS and Wright Environmental Services to restart the project’s permit application process.
It is also commissioning an updated plan of operations and environmental studies to capitalize on advanced permitting and licensing work by Uranium One in 2008 and 2009.
Both BRS and Wright Environmental were involved in Uranium One’s previous efforts to permit Velvet-Wood.
Previously completed analysis on the project includes:
- A 607-acre cultural resources survey
- A hydrogeologic and groundwater quality study
- A mine water treatment study
- A baseline surface radiological survey
- A baseline wildlife, vegetation and soil survey
In addition, the State of Utah issued Uranium One a UPDES Discharge Permit for the mine dewatering treatment system in October 2008.
“The Velvet-Wood Project is a critical part of Anfield’s production objectives, given its past-producer status and robust economics tied to a previously-completed economic assessment,” stated Corey Dias, Anfield’s CEO.
“A great deal of work has already been completed in pursuit of a mining permit for Velvet-Wood, significantly shortening the timeline that would be required otherwise. We are confident that Velvet-Wood will play an important role in the execution of our conventional mine and mill complex production plan,” he added.
Anfield is a uranium, vanadium and precious metals development and near-term production company with assets in the U.S.
Anfield (AEC) is up 3.7 per cent trading at $0.14 per share as of 11:36 am EST.
