Anfield Energy PEA shows US$606 million NPV for Utah-Colorado uranium-vanadium hub strategy

• Anfield Energy released an updated preliminary economic assessment for its hub-and-spoke uranium and vanadium plan centered on restarting Shootaring Canyon Mill, fed by Velvet-Wood in Utah, Slick Rock in Colorado, and six West Slope mines.
• Base-case economics at US$ 100 per pound uranium, US$ 9 per pound vanadium show pre-tax IRR 106% with NPV US$ 606 million at 8% discount rate; post-tax IRR 97% with NPV US$ 533 million.
• Capex payback estimated at 1.3 years; 12-month pre-production period includes about US$ 97 million of capital spending, with life-of-mine costs estimated at US$ 173 million including sustaining capital.
• Average annual output estimated at about 1,300,000 pounds U3O8, 6,400,000 pounds V2O5 over 15-year mine life; peak year output estimated at 1,900,000 pounds U3O8, 7,800,000 pounds V2O5.
• Shootaring refurbishment plan assumes 1,000 tons per day throughput; mill-related capital spending estimated at US$ 80.1 million, including upgrades, new vanadium circuit, tailings work.

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: 202605041132PRIMZONEFULLFEED9712417) on May 04, 2026, and is solely responsible for the information contained therein.