Anfield Energy Inc. (TSXV: AEC) filed an updated NI 43-101 Preliminary Economic Assessment on June 18, 2026 for its Shootaring Canyon Mill hub-and-spoke uranium and vanadium project across Utah and Colorado.
The PEA shows a pre-tax IRR of 106% and a pre-tax NPV (8%) of US$606 million on initial capital of US$97 million. The plan uses the Shootaring Canyon Mill — one of only three licensed uranium mills in the United States — to process ore from the Velvet-Wood, Slick Rock and West Slope mines in the Uravan Mineral Belt.