JAGUAR URANIUM ANNOUNCES MAIDEN MINERAL RESOURCE ESTIMATE AT LAGUNA SALADA IN ARGENTINA
Original announcement by cnw 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 11:57:47 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Jaguar Uranium announced a maiden Mineral Resource Estimate for its Laguna Salada Uranium-Vanadium Project in Argentina, reporting 21.1 Mt Indicated at 90 ppm U3O8 and 34.0 Mt Inferred at 137 ppm U3O8, along with significant vanadium. While the estimate establishes a large-tonnage, near-surface resource compliant with NI 43-101 and S-K 1300, the uranium grades are very low, falling below typical economic thresholds. The company notes the potential for resource expansion as the estimate covers only a small portion of the project area.
Reasoning: The maiden Mineral Resource Estimate establishes a large-tonnage uranium-vanadium resource for the Laguna Salada project, compliant with NI 43-101 and S-K 1300, but the reported uranium grades are significantly below typical economic thresholds.
Positive factors
- Maiden resource estimate
- Large tonnage
- Compliant reporting standards (NI 43-101, S-K 1300)
- Potential for resource expansion
- Critical minerals (uranium, vanadium)
Negative factors
- Very low uranium grades (below weak threshold)
- Low contained uranium metal
- High proportion of inferred resources
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: First formal resource estimate for the Laguna Salada project.
Evidence · text
“ANNOUNCES MAIDEN MINERAL RESOURCE ESTIMATE AT LAGUNA SALADA”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: Resource estimate prepared in compliance with NI 43-101.
Evidence · text
“National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101")”
SEC S-K 1300 Compliantpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Resource estimate prepared in compliance with SEC S-K 1300.
Evidence · text
“Subpart 1300 of Regulation S-K ("Regulation S-K 1300") of the U.S. Securities and Exchange Commission (SEC)”
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: Multiple Qualified Persons are named and have approved the estimate.
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: A Net Smelter Return cut-off value of US$12.08/t is clearly stated.
Evidence · text
“Mineral Resources are reported using a Net Smelter Return ("NSR") cut-off value of US$12.08/t”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A significant portion of the total resource (34.0 Mt) is classified as Inferred.
Evidence · table
“34,000,000”
Context: Total Inferred:
Low Gradenegative · Story-specific tag
No canonical definition is currently available.
Why it applies: Indicated uranium grade of 90 ppm U3O8 (0.009%) is significantly below the weak threshold of 0.03% U3O8.
Evidence · table
“90”
Context: 21,100,000
Extracted facts
Stored fact records: 20. Some facts used in scoring do not have a stored record.
Resource Estimates (20)
indicatedLaguna Salada Uranium-Vanadium Project · uraniumTonnes: 10600000Grade: 91Grade Unit: ppmContained Metal: 969Contained Unit: tView all detailsHide details
Identity
- Project
- Laguna Salada Uranium-Vanadium Project
- Commodity
- uranium
- Region
- argentina
- Reported Region
- Chubut Province, Argentina
- Ticker
- JAGU
Resource scope
- Estimate type
- resource
- Effective date
- 2026-10-05T00:00:00.000Z
- Reporting standards
- sec_sk1300, ni_43_101
- QP Signed
- Yes
- Qualified person names
- Simon Mortimer, Dr. Scott Jobin-Bevans, C. Gustavo Fernandez
- Resource group id
- resource:65f36269b28dd9b722cf
- Deposit or zone
- Laguna Salada
- Mining method
- open_pit
- Material type
- upper horizon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 10600000
- Grade
- 91
- Grade Unit
- ppm
- Contained Metal
- 969
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 91 ppm U3O8 (0.0091%) is significantly below the weak threshold of 0.03% U3O8.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Very low uranium grade
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: ppmContained Metal: 7250Contained Unit: tView 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:65f36269b28dd9b722cf
- Deposit or zone
- Laguna Salada
- Mining method
- open_pit
- Material type
- upper horizon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 10600000
- Grade
- 681
- Grade Unit
- ppm
- Contained Metal
- 7250
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 681 ppm V2O5 contributes to the overall resource, with significant contained metal.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
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: ppmContained Metal: 960Contained Unit: tView 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:9fded13546323a088d45
- Deposit or zone
- Laguna Salada
- Mining method
- open_pit
- Material type
- upper horizon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 13000000
- Grade
- 75
- Grade Unit
- ppm
- Contained Metal
- 960
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 75 ppm U3O8 (0.0075%) is significantly below the weak threshold of 0.03% U3O8 and is in the lowest confidence category.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Very low uranium grade
- Inferred category
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: ppmContained Metal: 8900Contained Unit: tView 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:9fded13546323a088d45
- Deposit or zone
- Laguna Salada
- Mining method
- open_pit
- Material type
- upper horizon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 13000000
- Grade
- 701
- Grade Unit
- ppm
- Contained Metal
- 8900
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 701 ppm V2O5 contributes to the overall resource, but is in the lowest confidence category.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Inferred category
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: ppmContained Metal: 625Contained Unit: tView 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:6f1c716b0d97764ac9c8
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Material type
- upper horizon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 8460000
- Grade
- 74
- Grade Unit
- ppm
- Contained Metal
- 625
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 74 ppm U3O8 (0.0074%) is significantly below the weak threshold of 0.03% U3O8.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Very low uranium grade
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: ppmContained Metal: 5370Contained Unit: tView 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:6f1c716b0d97764ac9c8
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Material type
- upper horizon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 8460000
- Grade
- 634
- Grade Unit
- ppm
- Contained Metal
- 5370
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 634 ppm V2O5 contributes to the overall resource, with significant contained metal.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
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: ppmContained Metal: 110Contained Unit: tView 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:8228f8cbc52b0ed6ced9
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Material type
- upper horizon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 80
- Grade Unit
- ppm
- Contained Metal
- 110
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 80 ppm U3O8 (0.008%) is significantly below the weak threshold of 0.03% U3O8 and is in the lowest confidence category.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Very low uranium grade
- Inferred category
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: ppmContained Metal: 680Contained Unit: tView 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:8228f8cbc52b0ed6ced9
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Material type
- upper horizon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 1300000
- Grade
- 514
- Grade Unit
- ppm
- Contained Metal
- 680
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 514 ppm V2O5 contributes to the overall resource, but is in the lowest confidence category.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Inferred category
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: ppmContained Metal: 192Contained Unit: tView 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:c0a1ade79296377bbdb8
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Material type
- lower horizon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1450000
- Grade
- 132
- Grade Unit
- ppm
- Contained Metal
- 192
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 132 ppm U3O8 (0.0132%) is significantly below the weak threshold of 0.03% U3O8.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Very low uranium grade
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: ppmContained Metal: 1000Contained Unit: tView 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:c0a1ade79296377bbdb8
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Material type
- lower horizon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1450000
- Grade
- 694
- Grade Unit
- ppm
- Contained Metal
- 1000
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 694 ppm V2O5 contributes to the overall resource, with significant contained metal.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
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: ppmContained Metal: 780Contained Unit: tView 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:a0c091df73236f966778
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Material type
- lower horizon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5200000
- Grade
- 149
- Grade Unit
- ppm
- Contained Metal
- 780
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 149 ppm U3O8 (0.0149%) is significantly below the weak threshold of 0.03% U3O8 and is in the lowest confidence category.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Very low uranium grade
- Inferred category
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: ppmContained Metal: 3400Contained Unit: tView 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:a0c091df73236f966778
- Deposit or zone
- Pampa de Arroqui
- Mining method
- open_pit
- Material type
- lower horizon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 5200000
- Grade
- 640
- Grade Unit
- ppm
- Contained Metal
- 3400
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 640 ppm V2O5 contributes to the overall resource, but is in the lowest confidence category.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Inferred category
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: ppmContained Metal: 118Contained Unit: tView 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:5621835cb498200ed76b
- Deposit or zone
- Buried Lake
- Mining method
- open_pit
- Material type
- lower horizon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 576000
- Grade
- 205
- Grade Unit
- ppm
- Contained Metal
- 118
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 205 ppm U3O8 (0.0205%) is significantly below the weak threshold of 0.03% U3O8.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Very low uranium grade
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: ppmContained Metal: 429Contained Unit: tView 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:5621835cb498200ed76b
- Deposit or zone
- Buried Lake
- Mining method
- open_pit
- Material type
- lower horizon
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 576000
- Grade
- 745
- Grade Unit
- ppm
- Contained Metal
- 429
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 745 ppm V2O5 contributes to the overall resource, with significant contained metal.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
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: ppmContained Metal: 2800Contained Unit: tView 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:3cb5b5ded000d03c8b39
- Deposit or zone
- Buried Lake
- Mining method
- open_pit
- Material type
- lower horizon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 14000000
- Grade
- 192
- Grade Unit
- ppm
- Contained Metal
- 2800
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 192 ppm U3O8 (0.0192%) is significantly below the weak threshold of 0.03% U3O8 and is in the lowest confidence category.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Very low uranium grade
- Inferred category
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: ppmContained Metal: 13000Contained Unit: tView 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:3cb5b5ded000d03c8b39
- Deposit or zone
- Buried Lake
- Mining method
- open_pit
- Material type
- lower horizon
- Ownership percent
- 100 %
Resource Data
- Category
- inferred
- Tonnes
- 14000000
- Grade
- 867
- Grade Unit
- ppm
- Contained Metal
- 13000
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 867 ppm V2O5 contributes to the overall resource, but is in the lowest confidence category.
Positive factors
- Maiden resource estimate
- Compliant reporting standards
Negative factors
- Inferred category
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: ppmContained Metal: 1900Contained Unit: tView 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
- Contained Metal
- 1900
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 90 ppm U3O8 (0.009%) is significantly below the weak threshold of 0.03% U3O8.
Positive factors
- Maiden resource estimate
- Large tonnage
- Compliant reporting standards
Negative factors
- Very low uranium grade
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: ppmContained Metal: 14100Contained Unit: tView 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
- Contained Metal
- 14100
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 665 ppm V2O5 contributes significantly to the overall resource, with substantial contained metal.
Positive factors
- Maiden resource estimate
- Large tonnage
- Compliant reporting standards
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: ppmContained Metal: 4600Contained Unit: tView 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
- Contained Metal
- 4600
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 137 ppm U3O8 (0.0137%) is significantly below the weak threshold of 0.03% U3O8 and is in the lowest confidence category.
Positive factors
- Maiden resource estimate
- Large tonnage
- Compliant reporting standards
Negative factors
- Very low uranium grade
- Inferred category
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: ppmContained Metal: 26000Contained Unit: tView 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
- Contained Metal
- 26000
- Contained Unit
- t
- Cutoff Grade
- 12.08
- Cutoff Unit
- US$/t NSR
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 grade of 755 ppm V2O5 contributes significantly to the overall resource, but is in the lowest confidence category.
Positive factors
- Maiden resource estimate
- Large tonnage
- Compliant reporting standards
Negative factors
- Inferred category
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.