Jaguar Uranium Starts Field Work on 13% of 230,000-Hectare Laguna Salada After EIA Approval
Jaguar Uranium has begun Phase 1 exploration under its March 2 EIA permit on the Guanaco concessions, covering 13% of its 230,000-hectare Laguna Salada project. It engaged Atticus Geoscience and Caracle Creek for technical work, identified high-priority targets across the remaining 87%, and expects initial results in coming months.
1. EIA Approval and Field Mobilization
Jaguar Uranium began Phase 1 field activities following its March 2 Environmental Impact Assessment approval for the Guanaco concessions, which cover 13% of the 230,000-hectare Laguna Salada uranium-vanadium project in Chubut Province, Argentina. Workstreams include ground radiometrics surveys, follow-up on untested radiometric anomalies, and design of an infill trenching and drilling program to verify historical data.
2. Technical Partnerships and Phase 1 Program
The company engaged Atticus Geoscience Consulting Ltd. and Caracle Creek SpA to direct its Phase 1 technical work in compliance with U.S. SEC S-K 1300 and Canadian NI 43-101 standards. These firms will leverage data from over 2,100 historical trenches, with initial field results expected in the coming months to support a potential Mineral Resource Estimate.
3. Broader Project Potential and Funding
Guanaco represents only 13% of the total Laguna Salada land package, and Jaguar’s exploration team has identified additional high-priority zones across the remaining 87% with potential uranium-vanadium mineralization. The company expects to fund its Phase 1 program using proceeds from a US$25 million IPO completed earlier this year, supporting district-scale resource evaluation.