# JAGUAR URANIUM ANNOUNCES MAIDEN MINERAL RESOURCE ESTIMATE AT LAGUNA SALADA IN ARGENTINA

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4

Original source: https://www.newswire.ca/news-releases/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-argentina-803661544.html

Publisher: cnw

Original announcement: 2026-10-13T11:15:53.805Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-13T11:57:46.966Z

Atlas analysis updated: 2026-10-13T11:57:46.966Z

- 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

Narrative sentiment: 0.00 · Neutral

## Minestarters Atlas 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 factor: Maiden resource estimate

- Positive factor: Large tonnage

- Positive factor: Compliant reporting standards \(NI 43-101, S-K 1300\)

- Positive factor: Potential for resource expansion

- Positive factor: Critical minerals \(uranium, vanadium\)

- Negative factor: Very low uranium grades \(below weak threshold\)

- Negative factor: Low contained uranium metal

- Negative factor: High proportion of inferred resources

Facts used in scoring: 20

## Classification and evidence

**Maiden Resource**

Polarity: neutral

Definition: 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 Compliant**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Story-specific tag

Definition: 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 Signed**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Resource**

Polarity: negative

Definition: 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 Grade**

Polarity: negative

Story-specific tag

Definition: 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)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-0)

Laguna Salada Uranium-Vanadium Project · uranium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Very low uranium grade

Evidence · table

> 91

Context: 10,600,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-1)

Laguna Salada Uranium-Vanadium Project · vanadium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

Evidence · table

> 681

Context: 10,600,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-2)

Laguna Salada Uranium-Vanadium Project · uranium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Very low uranium grade

- Negative factor: Inferred category

Evidence · table

> 75

Context: 13,000,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-3)

Laguna Salada Uranium-Vanadium Project · vanadium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Inferred category

Evidence · table

> 701

Context: 13,000,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-4)

Laguna Salada Uranium-Vanadium Project · uranium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Very low uranium grade

Evidence · table

> 74

Context: 8,460,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-5)

Laguna Salada Uranium-Vanadium Project · vanadium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

Evidence · table

> 634

Context: 8,460,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-6)

Laguna Salada Uranium-Vanadium Project · uranium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Very low uranium grade

- Negative factor: Inferred category

Evidence · table

> 80

Context: 1,300,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-7)

Laguna Salada Uranium-Vanadium Project · vanadium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Inferred category

Evidence · table

> 514

Context: 1,300,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-8)

Laguna Salada Uranium-Vanadium Project · uranium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Very low uranium grade

Evidence · table

> 132

Context: 1,450,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-9)

Laguna Salada Uranium-Vanadium Project · vanadium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

Evidence · table

> 694

Context: 1,450,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-10)

Laguna Salada Uranium-Vanadium Project · uranium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Very low uranium grade

- Negative factor: Inferred category

Evidence · table

> 149

Context: 5,200,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-11)

Laguna Salada Uranium-Vanadium Project · vanadium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Inferred category

Evidence · table

> 640

Context: 5,200,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-12)

Laguna Salada Uranium-Vanadium Project · uranium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Very low uranium grade

Evidence · table

> 205

Context: 576,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-13)

Laguna Salada Uranium-Vanadium Project · vanadium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

Evidence · table

> 745

Context: 576,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-14)

Laguna Salada Uranium-Vanadium Project · uranium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Very low uranium grade

- Negative factor: Inferred category

Evidence · table

> 192

Context: 14,000,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-15)

Laguna Salada Uranium-Vanadium Project · vanadium

#### 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 factor: Maiden resource estimate

- Positive factor: Compliant reporting standards

- Negative factor: Inferred category

Evidence · table

> 867

Context: 14,000,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-16)

Laguna Salada Uranium-Vanadium Project · uranium

#### 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 factor: Maiden resource estimate

- Positive factor: Large tonnage

- Positive factor: Compliant reporting standards

- Negative factor: Very low uranium grade

Evidence · table

> 90

Context: 21,100,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-17)

Laguna Salada Uranium-Vanadium Project · vanadium

#### 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 factor: Maiden resource estimate

- Positive factor: Large tonnage

- Positive factor: Compliant reporting standards

Evidence · table

> 665

Context: 21,100,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-18)

Laguna Salada Uranium-Vanadium Project · uranium

#### 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 factor: Maiden resource estimate

- Positive factor: Large tonnage

- Positive factor: Compliant reporting standards

- Negative factor: Very low uranium grade

- Negative factor: Inferred category

Evidence · table

> 137

Context: 34,000,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/jaguar-uranium-announces-maiden-mineral-resource-estimate-at-laguna-salada-in-ar--b917221e-bb82-4aeb-8a17-ee314a62abf4#fact-resource-facts-19)

Laguna Salada Uranium-Vanadium Project · vanadium

#### 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 factor: Maiden resource estimate

- Positive factor: Large tonnage

- Positive factor: Compliant reporting standards

- Negative factor: Inferred category

Evidence · table

> 755

Context: 34,000,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: 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.