Northwire Canada EditionTuesday, August 11, 2026
Northwire
CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8% CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8%
Drill Results

Anfield Energy drills 17 ft of 5,190 ppm eU3O8 at JD-7

AEC · Price

Executive Summary

  • Anfield Energy Inc. has completed a 20-hole, 8,000-foot confirmation drill program at its JD-7 mine within the Paradox mine complex.
  • Preliminary downhole gamma results indicate robust uranium mineralization, with 15 of 23 holes exceeding the minimum cut-off grade of 0.02% eU3O8 and 11 holes showing high-potential grade thickness (GT) values over 0.5.
  • Results will be incorporated into a new uranium and vanadium resource report scheduled for Q1 2026, alongside data from other JD mines and the recently acquired JD-5 mine.

Key Details

  • Drilling Program Scope:
    • Total holes: 23 (over 20 planned targets).
    • Total footage: 7,564 feet.
    • Method: 149 feet split barrel coring; remainder air rotary.
    • Dates: Commenced Sept. 15, 2025; completed Oct. 9, 2025.
  • Significant Intercepts (Preliminary Gamma Logging):
    • Hole JD7-25-004B: 17.0 ft averaging 5,190 ppm (0.519%) eU3O8; peak 14,850 ppm (1.485%) at 153.5 ft.
    • Hole JD7-25-005: 19.0 ft averaging 2,380 ppm (0.238%) eU3O8; peak 9,240 ppm (0.924%) at 170.0 ft.
    • Hole JD7-25-012: 17.0 ft averaging 1,620 ppm (0.162%) eU3O8; peak 5,990 ppm (0.599%) at 185.0 ft.
    • Hole JD7-25-014B: 21.0 ft averaging 2,500 ppm (0.250%) eU3O8; peak 7,770 ppm (0.777%) at 212.5 ft.
  • Geological Analysis:
    • 15 of 23 holes exceeded the minimum cut-off grade of 0.02% eU3O8 (200 ppm).
    • 11 holes yielded Grade Thickness (GT) > 0.5 (high potential).
    • 6 holes showed GT between 0.1 and 0.5 (moderate).
    • 5 holes contained trace mineralization; 1 hole contained no mineralization above cutoff.
    • Results verify historical drilling data consistency.
  • Sampling and Laboratory Work:
    • Split barrel core obtained from 5 of 23 holes at 5 locations.
    • 4 of 5 cored locations intercepted mineralization above minimum grade cutoff.
    • Samples analyzed by Pace Analytical (Sheridan, Wyo.) and Hazen Research (Golden, Colo.).
    • Labs determined uranium and vanadium content, validated gamma ray logging, and refined resource estimates.
  • Next Steps:
    • Obtain assay of core samples for closed-can radiometric and chemical uranium/vanadium grades.
    • Assess radiometric equilibrium and verify vanadium-to-uranium (V:U) ratio.
    • Reassess uranium and vanadium mineral resources at JD-7 with higher confidence.
    • Commence underground drilling at remaining JD mines (JD5, JD-6, JD-8, JD-9).
    • Issue updated uranium resource for the Paradox mine complex (including JD-5) in Q1 2026.

Notable Quotes

  • Corey Dias, CEO: "We are very pleased with the drill results as they not only underscore the potential for resource confirmation and possible expansion at JD-7 but also align with Anfield's broader strategy to advance its portfolio of near-term uranium and vanadium projects toward production."
  • Corey Dias, CEO: "To that end, the creation of the Paradox mine complex reflects our plans to create specific targeted uranium and vanadium production centres as we advance these grouped assets through mine planning and, ultimately, production through Anfield's Shootaring Canyon mill."
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