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ATF blasting permits advance Anfield (NASDAQ: AEC) Velvet-Wood and JD-8 mines

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Anfield Energy Inc. reports that it has received blasting permits from the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives for its mines in Utah and Colorado. These ATF Permits allow the company to begin a drilling and blasting campaign at the Velvet-Wood project to access new mineralized material and mark a shift from surface work to active underground mining.

The Colorado permit positions Anfield to start mining at the JD-8 mine once remaining permits are completed, which the company expects later this year. Management states that Velvet-Wood is targeted to return to production by the end of 2026 as part of a hub-and-spoke strategy built around the fully permitted Shootaring Canyon Mill in Utah.

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Insights

Regulatory blasting permits move Anfield’s Velvet-Wood and JD-8 closer to production but timing and economics remain unquantified.

The ATF blasting permits for Utah and Colorado are a key regulatory step, allowing Anfield Energy to begin underground drilling and blasting at Velvet-Wood and to prepare JD-8 for mining once other permits are in place. This transitions projects from rehabilitation into potential production-ready status.

The filing notes plans for conventional room-and-pillar mining and a hub-and-spoke model using the Shootaring Canyon Mill. However, there are no disclosed production volumes, capital costs or revenue projections, and the company highlights typical exploration, permitting, financing and commodity-price risks in its forward-looking statements.

The company indicates an internal goal to return Velvet-Wood to production by the end of 2026, but emphasizes that outcomes depend on permitting completion, financing and market conditions. Future disclosures in corporate filings will be needed to quantify production plans and financial impact once development progresses.

Historical Lisbon Valley production 78 million pounds U₃O₈ Produced between 1948 and 1988 in Lisbon Valley district
Velvet-Wood last production year 1984 Velvet-Wood mine last produced uranium in 1984
District shuttered by 1988 Most of Lisbon Valley uranium district shuttered by 1988
Target Velvet-Wood restart End of 2026 Company objective to return Velvet-Wood to production by end 2026
ATF Permits regulatory
"it has received its blasting permits from the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) for its mines"
room-and-pillar underground mining technical
"Anfield is preparing for conventional room-and-pillar underground mining, a proven method historically used successfully in the Lisbon Valley district"
hub-and-spoke strategy financial
"This progress aligns with Anfield’s hub-and-spoke strategy, leveraging the fully permitted Shootaring Canyon Mill in Utah"
Shootaring Canyon Mill technical
"hub-and-spoke strategy, leveraging the fully permitted Shootaring Canyon Mill in Utah alongside its high-quality uranium-vanadium assets"
forward-looking statements regulatory
"This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”)"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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FAQ

What did Anfield Energy (AEC) announce in its July 2026 Form 6-K?

Anfield Energy announced it received ATF blasting permits for its Utah and Colorado mines. These permits allow drilling and blasting at Velvet-Wood and position the JD-8 mine to start underground operations once remaining permits are completed later this year, subject to customary risks.

How do the ATF blasting permits affect Anfield Energy’s Velvet-Wood project?

The ATF permits allow Velvet-Wood to move from rehabilitation to active underground development. Anfield plans conventional room-and-pillar mining to access new uranium-vanadium mineralized material and has stated an objective of returning the Velvet-Wood mine to production by the end of 2026, subject to uncertainties.

What is the significance of Anfield Energy’s JD-8 mine in Colorado?

The JD-8 mine benefits from the Colorado ATF blasting permit, which enables mining to begin once other permitting is finished. The company expects remaining permits later this year, but notes that advancement of JD-8 is still subject to regulatory approvals, financing, operational and market risks.

How does Velvet-Wood fit into Anfield Energy (AEC)’s hub-and-spoke strategy?

Velvet-Wood is one of Anfield’s key uranium-vanadium projects feeding its fully permitted Shootaring Canyon Mill in Utah. The company’s hub-and-spoke strategy envisions multiple mines, including Velvet-Wood and JD-8, supplying the central mill to create an integrated uranium production platform in the U.S. Southwest.

What historical uranium production is associated with the Lisbon Valley district?

Lisbon Valley, where Velvet-Wood is located, historically produced about 78 million pounds of U₃O₈ between 1948 and 1988. The filing notes Velvet-Wood last produced in 1984, and most of the district was shuttered by 1988, leaving resources dormant for more than 40 years.

What risks does Anfield Energy highlight around advancing Velvet-Wood and JD-8?

Anfield cites risks that benefits from the ATF permits may not be realized, and that Velvet-Wood and JD-8 may not advance as planned. It also references exploration and development risks, financing needs, regulatory compliance in Canada and the U.S., commodity price volatility and competitive pressures.
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2026

Commission File Number: 001-42808

Anfield Energy Inc.
(Translation of registrant's name into English)

2005-4390 Grange Street, Burnaby, British Columbia, Canada, V5H 1P6
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      Anfield Energy Inc.    
  (Registrant)
   
  
Date: July 8, 2026     /s/ Corey Dias    
  Corey Dias
  Chief Executive Officer
  


EXHIBIT INDEX 

Exhibit Number Description
   
99.1 Press Release dated July 8, 2026

EXHIBIT 99.1

Anfield Energy Inc. Receives ATF Blasting Permits for Utah and Colorado Mines

VANCOUVER, British Columbia, July 08, 2026 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (NASDAQ: AEC; TSX.V: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce that it has received its blasting permits from the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) for its mines in both Utah and Colorado (the “ATF Permits”).

This important regulatory milestone enables Anfield to initiate a drilling and blasting campaign within the coming weeks at the Velvet-Wood project (“Velvet-Wood”) to access new portions of the mineralized materials that were not reachable by the historic workings. The ATF Permit for Colorado further positions the Company to commence mining at its JD-8 mine immediately upon completion of remaining permitting, expected later this year.

The receipt of these ATF Permits is a critical step in the Company’s development plans. It marks the transition from rehabilitation and surface preparation to active underground mining operations. At Velvet-Wood, Anfield is preparing for conventional room-and-pillar underground mining, a proven method historically used successfully in the Lisbon Valley district. This approach involves systematically extracting mineralized material in a grid-like pattern of “rooms” while leaving pillars of ore or rock in place to support the roof, ensuring safe and efficient extraction of uranium-vanadium mineralization in the sandstone-hosted deposits.

Corey Dias, CEO of Anfield, commented: “Receiving the ATF Permits for our Utah and Colorado mines is a major milestone that unlocks our ability to advance underground development. At Velvet-Wood, this will allow us to drill and blast new sections of the mineralized materials, transitioning us from development to active mining activities in one of America’s premier uranium districts.

These ATF Permits are especially significant as Velvet-Wood was the first uranium mine advanced under the current administration. Anfield is proud to contribute to the national effort to expand domestic nuclear capacity and strengthen U.S. energy security. We remain on track to return the Velvet-Wood mine to production by the end of 2026.”

Lisbon Valley is one of the largest and most productive uranium mining districts in the United States, with historical production totaling approximately 78 million pounds of U₃O₈ between 1948 and 1988. The significance of advancing Velvet-Wood under the current ATF Permits is underscored by the fact that the Velvet-Wood mine last produced in 1984, and the broader district was largely shuttered by 1988. For more than 40 years, this resource has awaited the resurgence of the U.S. uranium industry.

This progress aligns with Anfield’s hub-and-spoke strategy, leveraging the fully permitted Shootaring Canyon Mill in Utah alongside its high-quality uranium-vanadium assets in Utah and Colorado.

About Anfield

Anfield is a uranium and vanadium development company that is committed to becoming a top-tier energy-related fuels supplier by creating value through sustainable, efficient growth in its assets. Anfield is a publicly traded corporation listed on the NASDAQ (AEC-Q), the TSXV (AEC-V) and the Frankfurt Stock Exchange (0AD).

On behalf of the Board of Directors
ANFIELD ENERGY INC.
Corey Dias, Chief Executive Officer

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

Contact:

Anfield Energy, Inc.
Corporate Communications
604-669-5762
contact@anfieldenergy.com
www.anfieldenergy.com

This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as “seek”, “expect”, “anticipate”, “budget”, “plan”, “estimate”, “continue”, “forecast”, “intend”, “believe”, “predict”, “potential”, “target”, “may”, “could”, “would”, “might”, “will” and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved” (including negative variations). Forward-looking statements in this release include, but are not limited to, statements regarding the Company’s business plans, objectives and strategies of operations, including, without limitation, the Company’s plans for advancing Velvet-Wood and the JD-8 mine. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, among other things: risks that the anticipated benefits from the ATF Permits may not be realized as contemplated, or at all; risks that the Company may not be able to advance Velvet-Wood and the JD-8 mine as contemplated, or at all; the risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the need to comply with environmental and governmental regulations in Canada and the United States; fluctuations in the prices of commodities; operating hazards and risks; competition and other risks and uncertainties and other such factors as are set forth in the annual information form for the Company’s most recently completed year end, as well as the management discussion and analysis and other disclosures of risk factors for the Company, filed on SEDAR+ at www.sedarplus.ca. Although the Company believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Filing Exhibits & Attachments

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