Business UpdateOct 19, 2026, 04:36 PM
Jaguar Uranium Announces Maiden Mineral Resource Estimate at Laguna Salada
AI Summary
Jaguar Uranium Corp. has announced an independent Mineral Resource Estimate (MRE) for its Laguna Salada Uranium-Vanadium Project in Argentina. The MRE, prepared in accordance with SEC Regulation S-K 1300, details significant quantities of both uranium (U3O8) and vanadium (V2O5). The estimate covers only a small portion of the total project area, suggesting substantial potential for future resource expansion. The company highlighted the project's potential as a Western Hemisphere source for critical minerals and noted its strong financial position with substantial cash reserves and no debt.
Key Highlights
- Jaguar Uranium Corp. announced an independent mineral resource estimate (MRE) for the Laguna Salada Uranium-Vanadium Deposit.
- The MRE includes 4.2 million lbs of Indicated and 10.1 million lbs of Inferred U3O8.
- The MRE also includes 31.1 million lbs of Indicated and 57.3 million lbs of Inferred V2O5.
- The resource footprint covers approximately 4.3% of Jaguar's 210,284 ha Laguna Salada Project, indicating significant expansion potential.
- The company is well-financed with nearly US$18 million in cash and no debt.
Price Impact
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