Project UpdateJun 4, 2026, 08:31 AM
Fusion Fuel Highlights Huemul Project Exploration; 200 Samples Submitted
AI Summary
Fusion Fuel Green PLC highlighted exploration progress reported by Jaguar Uranium Corp. at the Huemul Uranium-Copper-Vanadium Project in Argentina. Fusion Fuel's planned acquisition of a controlling interest in Royal Uranium is expected to provide royalty exposure to this project. Jaguar reported visible uranium-copper-vanadium mineralization, a potential 4-kilometer copper trend, and the submission of 200 rock samples for analysis. While these observations are early-stage and subject to verification, Fusion Fuel's CEO views the project as a strategically important royalty asset.
Key Highlights
- Fusion Fuel's planned acquisition of a controlling interest in Royal Uranium will provide royalty exposure to the Huemul Project.
- Royal Uranium holds a 1.0% net smelter return (NSR) royalty interest in the Huemul Project.
- Jaguar Uranium Corp. observed visible uranium-copper-vanadium mineralization at surface at the Huemul Project.
- A potential 4-kilometer copper trend was identified at the Uryco zone within the Huemul Project.
- 200 rock samples have been collected and submitted for laboratory analysis, with assay results pending.
- Historic mine dumps, representing a previously untested area, were sampled for the first time.
- Historical records indicate average head grades of approximately 0.21% uranium, 2.0% copper, and 0.11% vanadium (unverified).
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