Anfield Energy SM-18 Drilling Program
Analysis based on 7 articles · First reported Apr 02, 2026 · Last updated Apr 02, 2026
Anfield Energy Inc.'s submission of a Notice of Intent for drilling at its SM-18 project and plans to expand the Shootaring Canyon mill are positive developments for the company, signaling increased future production of Mega Uranium and Vanadium. This could lead to a positive sentiment for Anfield Energy Inc.'s stock and the broader uranium market, especially given the United States' commitment to domestic uranium production.
Anfield Energy Inc. has submitted a Notice of Intent for an underground drilling program at its SM-18 uranium-vanadium project in United States — Colorado. This program aims to verify and potentially expand existing mineral resources and will support the long-term development of SM-18 as a producing mine. SM-18 is expected to become Anfield Energy Inc.'s fourth mine, joining its Slick Rock, JD-8, and Velvet-Wood projects, all feeding into the company's 100%-owned Shootaring Canyon mill in United States — Utah. Anfield Energy Inc. is also advancing plans to expand the Shootaring Canyon mill's capacity to 1,000 tons per day with a licensed annual production capacity of 3,000,000 pounds of Mega Uranium. CEO Corey Dias emphasized that these developments are crucial for building out Anfield Energy Inc.'s production pipeline and capitalizing on the strong Mega Uranium market, aligning with the United States' energy needs and strategic requirements.
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