# Anfield Energy Files Its Updated Preliminary Economic Assessment Which Reflects its Robust Hub-And-Spoke Uranium and Vanadium Production Strategy Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/anfield-energy-files-its-updated-preliminary-economic-assessment-which-reflects--f4c76dc7-f89b-4b2a-8de0-95dd20af5364 Original source: https://money.tmx.com/en/quote/AEC/news/5528641967212217/anfield-energy-files-its-updated-preliminary-economic-assessment-which-reflects- Publisher: tmx Original announcement: 2026-06-18T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Anfield Energy Inc. - Ticker: AEC - Exchange: TSX - Region: Utah and Colorado, USA - Primary commodity: Uranium - Secondary commodities: Vanadium - Document categories: Resource update, Economic study - Extracted: 2026-09-19 07:06:36 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Anfield Energy has filed an updated Preliminary Economic Assessment \(PEA\) for its uranium and vanadium projects in Utah and Colorado. The PEA highlights a robust pre-tax IRR of 106% and an NPV of US$606 million, supported by a centralized hub-and-spoke production strategy using the Shootaring Canyon Mill. Reasoning: The updated PEA presents very strong economic indicators \(high IRR and NPV\) for a combined uranium-vanadium project, though it is constrained by the inclusion of speculative Inferred resources. - Positive factor: Exceptional pre-tax IRR of 106% - Positive factor: Strong NPV of US$606 million - Positive factor: Short payback period of 1.3 years - Positive factor: Hub-and-spoke production model with centralized mill - Negative factor: High proportion of Inferred resources in the PEA - Negative factor: Project relies on historical data for some leases Facts used in scoring: 3 ## Classification and evidence **PEA Only** Polarity: neutral Definition: Only Class 4 / Initial Assessment economics available. Not bankable. Why it applies: The document reports a Preliminary Economic Assessment \(PEA\) for the combined projects. Evidence · text > is pleased to report that is has filed its combined preliminary economic assessment \(“PEA”\) **High IRR** Polarity: positive Definition: Post-tax real unlevered IRR in the strong tier or better. Why it applies: The pre-tax IRR of 106% is in the exceptional tier. Evidence · text > indicates a pre-tax project internal rate of return \(“IRR”\) of 106% **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: A significant portion of the resource estimates provided are in the Inferred category. Evidence · text > The PEA is preliminary in nature such that it includes a portion of the inferred mineral resources. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/anfield-energy-files-its-updated-preliminary-economic-assessment-which-reflects--f4c76dc7-f89b-4b2a-8de0-95dd20af5364#fact-resource-facts-1) SR-11 · uranium #### Identity - Project: SR-11 - Commodity: uranium - Region: usa\_co - Reported Region: Colorado, USA - Ticker: AEC #### Resource scope - Estimate type: resource - Resource group id: resource:602ee170dcd08bcc3c4c #### Resource Data - Category: inferred - Tonnes: 361217 - Grade: 0.15 - Grade Unit: %eU3O8 - Contained Metal: 1064700 - Contained Unit: pounds \(eu3o8\) #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-18T00:00:00.000Z Reasoning: Standard inferred resource reporting. - Negative factor: Inferred category Evidence · table > 0.15 Context: 361,217 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/anfield-energy-files-its-updated-preliminary-economic-assessment-which-reflects--f4c76dc7-f89b-4b2a-8de0-95dd20af5364#fact-resource-facts-2) SM-18 · uranium #### Identity - Project: SM-18 - Commodity: uranium - Region: usa\_co - Reported Region: Colorado, USA - Ticker: AEC #### Resource scope - Estimate type: resource - Resource group id: resource:b926a42836e24abd8c8a #### Resource Data - Category: inferred - Tonnes: 574325 - Grade: 0.112 - Grade Unit: %eU3O8 - Contained Metal: 1286280 - Contained Unit: pounds \(eu3o8\) #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-18T00:00:00.000Z Reasoning: Standard inferred resource reporting. - Negative factor: Inferred category Evidence · table > 0.112 Context: 574,325 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.