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Anfield Resources Inc. 03.02.2015

Anfield Resources Inc. Appoints New Director with Uranium and Environmental Permitting Expertise

 

VANCOUVER, BRITISH COLUMBIA – February 3, 2015 - Anfield Resources Inc. (TSX.V: ARY; OTCQB: ANLDF) (“Anfield” or “the Company”) welcomes Mr. Toby Wright to its Board of Directors.  Mr. Wright, a registered professional geologist who holds a Master of Geotechnical Engineering, brings a wealth of experience in the uranium mining and recovery industry to Anfield, with a focus on the field of environmental permitting and compliance. 

 

Mr. Wright served as the Environmental Manager for the Conventional Mining Group of Uranium One Americas from March of 2007 through March of 2010, and has continued to provide the same services to Uranium One as an independent consultant from that time to the present.  As a result of his work with Uranium One, he has hands-on experience with key assets that are the subject of the ongoing Uranium One-Anfield transaction announced on August 18, 2014, including the Shootaring Canyon Mill and the Velvet-Wood project.  His role included working directly with the Utah Division of Radiation Control and other regulators regarding permitting, environmental compliance and health and safety activities for Uranium One’s conventional mining and mill assets

 

“We are extremely pleased to have Toby Wright join the Board of Directors,” stated Anfield CEO Corey Dias. “Toby’s environmental permitting and compliance expertise will be invaluable to the Company as we navigate the road towards uranium production.  His past direct involvement with both the Shootaring Canyon Mill and Velvet-Wood project is of key importance to the evaluation and development of this project.

 

Inclusive of his time with Uranium One, Mr. Wright has over 20 years of experience in environmental consulting.  Since 1994, Mr. Wright focused almost exclusively on the management of reclamation and remediation projects for uranium mill tailings sites.  From 1994 through 2002 Mr. Wright was the lead hydrogeologist for Western Nuclear Inc.s Split Rock uranium mill reclamation project, which included both an extensive hydrogeologic and geochemical characterization and the development of an Alternate Concentration Limit (ACL) application to the Nuclear Regulatory Commission.  From 2002 through 2005, Mr. Wright served as the U.S. Department of Energy’s (DOE) Technical Assistance Contract Project Manager for the Moab UMTRA Project.  In this role, Mr. Wright managed a multi-million dollar annual budget with a technical staff of over 40 personnel and a diverse array of programs, including the: 1) operation and maintenance of inactive uranium mill sites; 2) site health and safety programs; 3) design and implementation of ground water remedial actions; 4) site environmental monitoring program; and 5) development of a major Environmental Impact Statement.  Finally, Mr. Wright has also managed or supported several uranium mill tailings reclamation projects in Texas, Utah, Washington and Wyoming.

 

Mr. Wright formed his own consulting firm, Wright Environmental Services Inc., in March of 2010 to service mining clients throughout the western United States by leveraging his decades of experience in applied hydrology related to mining and milling projects.  He also has extensive experience in project and program management for mining-related environmental and regulatory programs. We believe Mr. Wrights consulting experience will complement the experience of other members of the Anfield Board.

 

The Company would also like to announce that it has accepted the resignation from the Board of Mr. Kenneth Bond. The directors wish to thank Mr. Bond for his contributions to Anfield Resources Inc. during his tenure and wish him the best of luck in his future endeavours.

 

About Anfield’s Properties

Anfield is an energy metals exploration, development and near-term production company that is committed to becoming a top-tier energy-related fuels supplier by creating value through sustainable, efficient growth in its energy metals assets.   Anfield is a publicly-traded corporation listed on the TSX-Venture Exchange (ARY-V), the OTCQB (ANLDF) and the Frankfurt Stock Exchange (0AD).  Anfield is focused on the acquisition and development of an array of strategic energy metals projects as summarized below:

 

Uranium

Upon the closing of the Shootaring Transaction, the key asset in Anfield’s portfolio will be the Shootaring Mill in Garfield County, Utah.  The Shootaring Mill is strategically located within one of the historically most prolific uranium production areas in the United States, and is one of only three licensed uranium mills in the United States. 

 

Upon the closing of the Shootaring Transaction, Anfield’s uranium assets will consist of mining claims and state leases in southeastern Utah, Colorado, South Dakota and Arizona totalling nearly 65,500 acres (26,507 hectares), targeting areas where past uranium mining or prospecting occurred.   Upon the closing of the Shootaring Transaction, Anfield’s uranium assets will include the Velvet-Wood Deposit, containing a measured and indicated resource of 4.6 million pounds U3O8 at an average grade of 0.29% (Velvet-Wood Uranium Project, 43-101 Mineral Resource Report, Garfield County, Utah USA dated 14-November-2014, prepared by BRS, Inc.), as well as additional deposits containing a historical measured and indicated U3O8 resource estimate of 2.2 million pounds, all situated within a 125-mile radius of the Shootaring Mill.  The tonnages, grades and sources of the 2.2 million pound historic resources referred to above is the Frank M Uranium Project with an indicated resource of 1,095,000 indicated tonnes at 0.101% U3O8 for 2,210,000 pounds (Frank M Uranium Project, 43-101 Mineral Resource Report, Garfield County, Utah USA dated 10-June-2008, prepared by BRS, Inc.).

 

Note on Historical Estimates: Anfield is not treating the historical estimates referred to above as current mineral resources or mineral reserves.  A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. 

 

Copper

The Binghampton Copper Queen (BCQ) project, located 17 miles (27 km) southeast of Prescott, Arizona, and within the Arizona VMS Belt, consists of 5,021 acres (2,032 hectares) of both patented and State land, with two past-producing mines on the property.

 

The North Star Copper Project, located less than 50 miles (80 km) northwest of Tucson, consisting of 200 mining claims covering approximately 4,000 acres (1,619 hectares), targets relatively shallow oxide copper at the historic North Star site in the heart of copper country in southern Arizona.

The Aura Project, a nascent copper operation in Atacama, Chile, is located 20 miles (32 km) east of Copiapo and consists of eight mining concessions totalling over 2,800 acres (1,133 hectares) in one of the foremost copper producing regions in the world.

 

On behalf of the Board of Directors

 

ANFIELD RESOURCES INC.

 

Corey Dias, Chief Executive Officer

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Contact:

Anfield Resources Inc.

Clive Mostert

Corporate Communications

780-920-5044

info@anfieldresources.com

www.anfieldresources.com

 

 

608, 1199 West Pender Street

Vancouver, BC V6E 2R1

Tel: (604) 687-0300

Fax: (604) 687-0151

www.anfieldresources.com

 

TSX.V: ARY

OTCQB: ANLDF

FRANKFURT: 0AD

 

Safe Harbor Statement

 

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS". STATEMENTS IN THIS NEWS RELEASE THAT ARE NOT PURELY HISTORICAL ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.

 

EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH MINERAL EXPLORATION AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL AND QUARTERLY REPORTS AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY'S EXPLORATION EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME.

 

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

 

 

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