JAGUAR URANIUM ANNOUNCES MAIDEN MINERAL RESOURCE ESTIMATE AT LAGUNA SALADA IN ARGENTINA
Original announcement by prnewswire on
- Company
- Jaguar Uranium Corp.
- Ticker
- JAGU
- Exchange
- Unavailable
- Region
- Chubut Province, Argentina
- Primary commodity
- Uranium
- Secondary commodities
- Vanadium
- Document categories
- Resource update
- Extracted
- 2026-10-13 11:21:32 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Jaguar Uranium Corp. announced a maiden Mineral Resource Estimate for its Laguna Salada Uranium-Vanadium Project in Argentina, reporting 4.2 million lbs of Indicated and 10.1 million lbs of Inferred U₃O₈, alongside 31.1 million lbs of Indicated and 57.3 million lbs of Inferred V₂O₅. The estimate, compliant with Regulation S-K 1300 and NI 43-101, highlights a large-scale, near-surface deposit with significant potential for resource expansion, covering only 4.3% of the project area. The company plans further work to upgrade inferred resources and expand mineralization.
Reasoning: The maiden Mineral Resource Estimate for the Laguna Salada project establishes a significant uranium-vanadium resource compliant with SEC S-K 1300 and NI 43-101, demonstrating large-scale, near-surface potential with substantial indicated and inferred categories and significant expansion potential, despite the U3O8-only grades being low.
Positive factors
- Maiden MRE
- Large scale
- Near-surface
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
- Significant expansion potential
- Strategic critical minerals
Negative factors
- High proportion of inferred resources
- No Measured resources
- U3O8 grades alone are below typical economic cut-offs
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 20
Classification and evidence
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: The document explicitly states 'MAIDEN MINERAL RESOURCE ESTIMATE'.
Evidence · text
“MAIDEN MINERAL RESOURCE ESTIMATE”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The Mineral Resource Estimate was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ('NI 43-101').
Evidence · text
“National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101")”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The Mineral Resource Estimate was prepared under the direction of Simon Mortimer (FAIG) of Atticus Geoscience Consulting Ltd., Qualified Person, and reviewed and approved by Dr. Scott Jobin-Bevans (P.Geo., Ph.D., PMP) and C. Gustavo Fernandez, P.Geo.
Evidence · text
“The Mineral Resource Estimate was prepared under the direction of Simon Mortimer (FAIG) of Atticus Geoscience Consulting Ltd., Qualified Person. ... Dr. Scott Jobin-Bevans (P.Geo., Ph.D., PMP) of Caracle Creek Chile SpA and Caracle Creek International Consulting Inc. and Simon J.A. Mortimer (FAIG #7795, M.Sc.) of Atticus Geoscience Consulting Ltd. Each is a Qualified Person as defined by NI 43-101 and Regulation S-K 1300. ... C. Gustavo Fernandez, P.Geo., a consultant to the Company and a Qualified Person as defined under Regulation S-K 1300 and NI 43-101.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: Mineral Resources are reported using a Net Smelter Return ('NSR') cut-off value of US$12.08/t.
Evidence · text
“Mineral Resources are reported using a Net Smelter Return ("NSR") cut-off value of US$12.08/t”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The total resource includes a significant 'Total Inferred: 34,000,000' tonnes.
Evidence · table
“34,000,000”
Context: Total Inferred:
SEC S-K 1300 Compliantpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The MRE was prepared in accordance with the disclosure requirements of Subpart 1300 of Regulation S-K ('Regulation S-K 1300') of the U.S. Securities and Exchange Commission (SEC).
Evidence · text
“Subpart 1300 of Regulation S-K ("Regulation S-K 1300") of the U.S. Securities and Exchange Commission (SEC)”
Extracted facts
Stored fact records: 20. Some facts used in scoring do not have a stored record.
Resource Estimates (20)
indicatedLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 10600000Grade: 91Grade Unit: ppm U3O8Contained Metal: 2.1Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:c82e610a7ee40764ac16
- Deposit or zone
- Laguna Salada
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 10600000
- Grade
- 91
- Grade Unit
- ppm U3O8
- Contained Metal
- 2.1
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 121
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated uranium resource at Laguna Salada with a grade of 91 ppm U3O8, contributing to the maiden MRE and compliant with NI 43-101 and S-K 1300.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- U3O8 grade below typical economic cut-offs
Evidence · table
“91”
Context: 10,600,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLaguna Salada Uranium-Vanadium Project · vanadiumTonnes: 10600000Grade: 681Grade Unit: ppm V2O5Contained Metal: 16Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- vanadium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:c82e610a7ee40764ac16
- Deposit or zone
- Laguna Salada
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 10600000
- Grade
- 681
- Grade Unit
- ppm V2O5
- Contained Metal
- 16
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 121
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated vanadium resource at Laguna Salada with a grade of 681 ppm V2O5, contributing to the maiden MRE and compliant with NI 43-101 and S-K 1300.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“681”
Context: 10,600,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 13000000Grade: 75Grade Unit: ppm U3O8Contained Metal: 2.1Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:019a8c917d8ccc4c99af
- Deposit or zone
- Laguna Salada
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 13000000
- Grade
- 75
- Grade Unit
- ppm U3O8
- Contained Metal
- 2.1
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 106
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Inferred uranium resource at Laguna Salada with a grade of 75 ppm U3O8, part of the maiden MRE, but with lower confidence due to its inferred classification.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- High proportion of inferred resources
- U3O8 grade below typical economic cut-offs
Evidence · table
“75”
Context: 13,000,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredLaguna Salada Uranium-Vanadium Project · vanadiumTonnes: 13000000Grade: 701Grade Unit: ppm V2O5Contained Metal: 19.6Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- vanadium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:019a8c917d8ccc4c99af
- Deposit or zone
- Laguna Salada
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 13000000
- Grade
- 701
- Grade Unit
- ppm V2O5
- Contained Metal
- 19.6
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 106
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Inferred vanadium resource at Laguna Salada with a grade of 701 ppm V2O5, part of the maiden MRE, but with lower confidence due to its inferred classification.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- High proportion of inferred resources
Evidence · table
“701”
Context: 13,000,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 8460000Grade: 74Grade Unit: ppm U3O8Contained Metal: 1.4Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:65320de8b5c4fd9e1324
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 8460000
- Grade
- 74
- Grade Unit
- ppm U3O8
- Contained Metal
- 1.4
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 102
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated uranium resource at Pampa de Arroqui with a grade of 74 ppm U3O8, contributing to the maiden MRE and compliant with NI 43-101 and S-K 1300.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- U3O8 grade below typical economic cut-offs
Evidence · table
“74”
Context: 8,460,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLaguna Salada Uranium-Vanadium Project · vanadiumTonnes: 8460000Grade: 634Grade Unit: ppm V2O5Contained Metal: 11.8Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- vanadium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:65320de8b5c4fd9e1324
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 8460000
- Grade
- 634
- Grade Unit
- ppm V2O5
- Contained Metal
- 11.8
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 102
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated vanadium resource at Pampa de Arroqui with a grade of 634 ppm V2O5, contributing to the maiden MRE and compliant with NI 43-101 and S-K 1300.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“634”
Context: 8,460,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 1300000Grade: 80Grade Unit: ppm U3O8Contained Metal: 0.2Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:b82306361897d84fc3bb
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 80
- Grade Unit
- ppm U3O8
- Contained Metal
- 0.2
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 103
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Inferred uranium resource at Pampa de Arroqui with a grade of 80 ppm U3O8, part of the maiden MRE, but with lower confidence due to its inferred classification.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- High proportion of inferred resources
- U3O8 grade below typical economic cut-offs
Evidence · table
“80”
Context: 1,300,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredLaguna Salada Uranium-Vanadium Project · vanadiumTonnes: 1300000Grade: 514Grade Unit: ppm V2O5Contained Metal: 1.5Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- vanadium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:b82306361897d84fc3bb
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 514
- Grade Unit
- ppm V2O5
- Contained Metal
- 1.5
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 103
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Inferred vanadium resource at Pampa de Arroqui with a grade of 514 ppm V2O5, part of the maiden MRE, but with lower confidence due to its inferred classification.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- High proportion of inferred resources
Evidence · table
“514”
Context: 1,300,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 1450000Grade: 132Grade Unit: ppm U3O8Contained Metal: 0.4Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:2e3b5f09d5ccd0df6f49
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1450000
- Grade
- 132
- Grade Unit
- ppm U3O8
- Contained Metal
- 0.4
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 163
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated uranium resource at Pampa de Arroqui (pit constrained) with a grade of 132 ppm U3O8, contributing to the maiden MRE and compliant with NI 43-101 and S-K 1300.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“132”
Context: 1,450,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLaguna Salada Uranium-Vanadium Project · vanadiumTonnes: 1450000Grade: 694Grade Unit: ppm V2O5Contained Metal: 2.2Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- vanadium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:2e3b5f09d5ccd0df6f49
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1450000
- Grade
- 694
- Grade Unit
- ppm V2O5
- Contained Metal
- 2.2
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 163
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated vanadium resource at Pampa de Arroqui (pit constrained) with a grade of 694 ppm V2O5, contributing to the maiden MRE and compliant with NI 43-101 and S-K 1300.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“694”
Context: 1,450,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 5200000Grade: 149Grade Unit: ppm U3O8Contained Metal: 1.7Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:3ea1dcf9c2e625f4dd41
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5200000
- Grade
- 149
- Grade Unit
- ppm U3O8
- Contained Metal
- 1.7
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 177
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Inferred uranium resource at Pampa de Arroqui (pit constrained) with a grade of 149 ppm U3O8, part of the maiden MRE, but with lower confidence due to its inferred classification.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- High proportion of inferred resources
Evidence · table
“149”
Context: 5,200,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredLaguna Salada Uranium-Vanadium Project · vanadiumTonnes: 5200000Grade: 640Grade Unit: ppm V2O5Contained Metal: 7.5Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- vanadium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:3ea1dcf9c2e625f4dd41
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5200000
- Grade
- 640
- Grade Unit
- ppm V2O5
- Contained Metal
- 7.5
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 177
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Inferred vanadium resource at Pampa de Arroqui (pit constrained) with a grade of 640 ppm V2O5, part of the maiden MRE, but with lower confidence due to its inferred classification.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- High proportion of inferred resources
Evidence · table
“640”
Context: 5,200,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 576000Grade: 205Grade Unit: ppm U3O8Contained Metal: 0.3Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:efb75fa46ddf796beca4
- Deposit or zone
- Buried Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 576000
- Grade
- 205
- Grade Unit
- ppm U3O8
- Contained Metal
- 0.3
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 238
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated uranium resource at Buried Lake with a grade of 205 ppm U3O8, contributing to the maiden MRE and compliant with NI 43-101 and S-K 1300.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“205”
Context: 576,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLaguna Salada Uranium-Vanadium Project · vanadiumTonnes: 576000Grade: 745Grade Unit: ppm V2O5Contained Metal: 0.9Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- vanadium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:efb75fa46ddf796beca4
- Deposit or zone
- Buried Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 576000
- Grade
- 745
- Grade Unit
- ppm V2O5
- Contained Metal
- 0.9
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 238
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated vanadium resource at Buried Lake with a grade of 745 ppm V2O5, contributing to the maiden MRE and compliant with NI 43-101 and S-K 1300.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“745”
Context: 576,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 14000000Grade: 192Grade Unit: ppm U3O8Contained Metal: 6.2Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:470f3b2bfbba5298da0a
- Deposit or zone
- Buried Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 14000000
- Grade
- 192
- Grade Unit
- ppm U3O8
- Contained Metal
- 6.2
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 230
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Inferred uranium resource at Buried Lake with a grade of 192 ppm U3O8, part of the maiden MRE, but with lower confidence due to its inferred classification.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- High proportion of inferred resources
Evidence · table
“192”
Context: 14,000,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredLaguna Salada Uranium-Vanadium Project · vanadiumTonnes: 14000000Grade: 867Grade Unit: ppm V2O5Contained Metal: 28.7Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- vanadium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:470f3b2bfbba5298da0a
- Deposit or zone
- Buried Lake
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 14000000
- Grade
- 867
- Grade Unit
- ppm V2O5
- Contained Metal
- 28.7
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 230
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Inferred vanadium resource at Buried Lake with a grade of 867 ppm V2O5, part of the maiden MRE, but with lower confidence due to its inferred classification.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- High proportion of inferred resources
Evidence · table
“867”
Context: 14,000,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 21100000Grade: 90Grade Unit: ppm U3O8Contained Metal: 4.2Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:d43a3f5b495485125ce1
- Deposit or zone
- All Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 21100000
- Grade
- 90
- Grade Unit
- ppm U3O8
- Contained Metal
- 4.2
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 119
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Total indicated uranium resource across all zones with a grade of 90 ppm U3O8, representing a significant portion of the maiden MRE.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- U3O8 grade below typical economic cut-offs
Evidence · table
“90”
Context: 21,100,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
indicatedLaguna Salada Uranium-Vanadium Project · vanadiumTonnes: 21100000Grade: 665Grade Unit: ppm V2O5Contained Metal: 31.1Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- vanadium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:d43a3f5b495485125ce1
- Deposit or zone
- All Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 21100000
- Grade
- 665
- Grade Unit
- ppm V2O5
- Contained Metal
- 31.1
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 119
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Total indicated vanadium resource across all zones with a grade of 665 ppm V2O5, representing a significant portion of the maiden MRE.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Evidence · table
“665”
Context: 21,100,000
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 34000000Grade: 137Grade Unit: ppm U3O8Contained Metal: 10.1Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:6eea27864a97bfa9b9af
- Deposit or zone
- All Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 34000000
- Grade
- 137
- Grade Unit
- ppm U3O8
- Contained Metal
- 10.1
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 170
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Total inferred uranium resource across all zones with a grade of 137 ppm U3O8, representing a significant portion of the maiden MRE, but with lower confidence due to its inferred classification.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- High proportion of inferred resources
Evidence · table
“137”
Context: 34,000,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
inferredLaguna Salada Uranium-Vanadium Project · vanadiumTonnes: 34000000Grade: 755Grade Unit: ppm V2O5Contained Metal: 57.3Contained Unit: m lbs.View all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- vanadium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:6eea27864a97bfa9b9af
- Deposit or zone
- All Zones
- Mining method
- open_pit
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 34000000
- Grade
- 755
- Grade Unit
- ppm V2O5
- Contained Metal
- 57.3
- Contained Unit
- m lbs.
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t
Prior Estimate
- Resource Date
- 2026-10-05
Metal Equivalent
- Metal Eq. Grade
- 170
- Metal Eq. Unit
- ppm U3O8 Eq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Total inferred vanadium resource across all zones with a grade of 755 ppm V2O5, representing a significant portion of the maiden MRE, but with lower confidence due to its inferred classification.
Positive factors
- Maiden MRE
- NI 43-101 Compliant
- SEC S-K 1300 Compliant
- QP/CP Signed
- Cut-off Disclosed
Negative factors
- High proportion of inferred resources
Evidence · table
“755”
Context: 34,000,000
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
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.