Welcome to our dedicated page for AMERICAN FUTURE FUEL news (Ticker: AFFCF), a resource for investors and traders seeking the latest updates and insights on AMERICAN FUTURE FUEL stock.
American Future Fuel Corp (AFFCF) provides critical updates on uranium exploration activities and nuclear fuel resource development through this dedicated news hub. Investors and industry observers will find consolidated access to press releases, regulatory filings, and operational milestones.
This resource serves as the definitive source for tracking the company’s progress in identifying uranium deposits, advancing NI 43-101 compliant projects, and forming strategic partnerships. Key updates include drilling program results, mineral resource estimates, and compliance achievements within politically stable U.S. regions.
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Bookmark this page for efficient monitoring of AFFCF’s developments in uranium exploration and resource analysis. Check back frequently for authoritative updates directly from company sources.
Premier American Uranium and American Future Fuel announced an updated Mineral Resource Estimate (MRE) for the Cebolleta Uranium Project.
The MRE, prepared by SLR International , shows: 18.6 million pounds of indicated eU3O8, and 4.9 million pounds of inferred eU3O8. This surpasses the 2014 historical estimate by upgrading 80% of inferred resources to indicated.
Key recommendations include further exploration to expand the deposit footprint, additional bulk density and chemical assays, and a Preliminary Economic Assessment (PEA). The report highlights significant exploration potential in untested areas and de-risking through infill drilling.
The project, located in Cibola County, New Mexico, spans 6,717 acres of mineral rights and 5,700 acres of surface rights. It benefits from a rich history of uranium exploration and mining from the 1950s to 2014.
The full Technical Report is available on SEDAR+ under the profiles of both companies.
American Future Fuel Corporation (CSE: AMPS, OTCQB: AFFCF) announced the appointment of Mr. David Suda as Chief Executive Officer and Director, effective April 21, 2023. Mr. Suda, with 15 years of capital markets experience, has successfully raised over $10 billion for various companies. He expressed enthusiasm for leading the company, which focuses on the Cebolleta Uranium Project located in New Mexico's Grants Mineral Belt, known for contributing around 37% of the U.S.'s uranium production. The project has a strong history of uranium production and potential for expansion due to numerous unexplored historical drill holes. Former CEO Mr. Luke Montaine will step down on the same date, with the board acknowledging his contributions.