09:08 AM EDT, 05/01/2024 (MT Newswires) -- Anfield Energy ( ANLDF ) on Wednesday said it submitted an operation plan for its Velvet-Wood mine to the state of Utah and the U.S. Bureau of Land Management.

The plan includes specific operating actions and controls, reclamation actions, and an estimate of reclamation surety based on third-party costs, among other details. After securing approval, Anfield will recommence uranium production at Velvet-Wood ahead of the planned restart of the Shootaring Canyon mill in 2026.

"This is an important step in the company's plan to advance its assets to uranium production by 2026 through its hub-and spoke strategy," Anfield CEO Corey Dias said. "When combined with both the Shootaring Canyon mill reactivation plan submitted earlier this month and a drill program expected to commence at Slick Rock this summer, Anfield remains on track to meet its near-term production goals using its core assets."