VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE/ September 25, 2014 / Anfield Resources Inc. (TSX.V: ARY)(OTCQB: ANLDF)(FRANKFURT: 0AD)("Anfield" or "the Company has retained Star Finance GmbH ("Star Finance"), an investor relations firm from Switzerland, to provide investor relations services in Europe.
Star Finance is one of the founding members of Stockteam Germany - a network of Europe-based investor relations companies and communication specialists. Stockteam Germany is a one-stop shop for European investor relations and corporate communication services, and offers a large variety of state-of-the-art services to its clients. These services include: lead generation, media coverage and dissemination (on-line and off-line), news release translation and dissemination, social media relations, on-line investor video conferences, institutional investor roadshows, and listing assistance for German stock exchanges. These services are long-term focused and are bundled into tailor-made packages for each individual client.
Star Finance will provide investor relations, marketing and consulting services for the European market to Anfield for a period of 12 months beginning October 1st 2014. Star Finance will be paid a quarterly fee of $9,000 EUR payable 15 days before the starting date of each three month period plus all reasonable pre-approved expenses. Star Finance will also receive up to 200,000 incentive stock options at a price of $0.50.
The Company also announces it has granted 556,932 options at a price of $0.50 to directors, officers, consultants and employees with a five-year term, expiring Sept. 24, 2019
The foregoing is subject to regulatory approval.
About Anfield's Uranium Properties
Anfield is an energy metals exploration, development and near-term production company that is committed to becoming a top-tier energy fuels supplier by creating value through sustainable, efficient growth in its energy metals assets. Anfield is a publicly-traded corporation listed on the TSX-Venture Exchange (ARY-V), the OTCQB (ANLDF) and the Frankfurt Stock Exchange (0AD). Anfield is focused on the acquisition and development of an array of strategic energy metals projects as summarized below:
Uranium
Upon the closing of the Shootaring Transaction, the key asset in Anfield's portfolio will be the Shootaring Mill in Garfield County, Utah. The Shootaring Mill is strategically located within one of the historically most prolific uranium production areas in the United States, and is one of only three licensed uranium mills in the United States.
Upon the closing of the Shootaring Transaction, Anfield's uranium assets will include mining claims and state leases in southeastern Utah, Colorado, South Dakota and Arizona totalling nearly 65,500 acres (26,507 hectares), targeting areas where past uranium mining or prospecting occurred. Upon the closing of the Shootaring Transaction, Anfield's uranium assets will contain a historical measured and indicated U3O8 resource estimate of 6.8 million pounds and will lie within a 125-mile radius of the Shootaring Mill. The flagship resource asset is the Velvet-Wood Deposit that contains a historical resource estimate of measured and indicated U3O8 at an average grade of 0.285%, and had past production of 4 million pounds of U3O8 at an average grade of 0.46%.
N.B.: Anfield is not treating the historical estimate as current mineral resources or mineral reserves. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. The tonnages, grades and sources of the 6.8 million pound historic resource is as follows: Velvet 363,000 measured tons at 0.271% U3O8 for 1,966,000 pounds and 71,000 indicated tons at 0.384% U3O8 for 548,000 pounds (Velvet Mine Uranium Project, San Juan County, Utah USA 43-101 Mineral Reserve and Resource Report dated 10-December-2008); Wood 377,000 indicated tons at 0.280% U3O8 for 2,113,000 pounds (Wood Uranium Project, San Juan County, Utah USA 43-101 Mineral Reserve and Resource Report dated 10-December-2008); and Frank M 1,095,000 indicated tons at 0.101% U3O8 for 2,210,000 pounds (Frank M Uranium Project, 43-101 Mineral Resource Report, Garfield County, Utah USA dated 10-June-2008). All reports were written by BRS, Inc.
Copper
The Binghampton Copper Queen (BCQ) project, located 17 miles (27 km) southeast of Prescott, Arizona, and within the Arizona VMS Belt, consists of 5,021 acres (2,032 hectares) of both patented and State land, with two past-producing mines on the property.
The North Star Copper Project, located less than 50 miles (80 km) northwest of Tucson, consisting of 200 mining claims covering approximately 4,000 acres (1,619 hectares), targets relatively shallow oxide copper at the historic North Star site in the heart of copper country in southern Arizona.
The Aura Project, a nascent copper operation in Atacama, Chile, is located 20 miles (32 km) east of Copiapo and consists of eight mining concessions totalling over 2,800 acres (1,133 hectares) in one of the foremost copper producing regions in the world.
R. Tim Henneberry, P.Geo., Advisor to Anfield is the Qualified Person as defined in National Instrument 43-101, who has reviewed and approved the technical content of this news release.
On behalf of the Board of Directors
ANFIELD RESOURCES INC.
Corey Dias, Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Anfield Resources Inc.
Clive Mostert
Corporate Communications
780-920-5044
[email protected]
www.anfieldresources.com
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THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
SOURCE: Anfield Resources Inc.