#Argentina #Critical Minerals #Mendoza #Jaguar Uranium #Huemul Project

Jaguar Uranium Initiates Exploration at Huemul Project

Jaguar Uranium Corp. has officially launched its exploration plan in Argentina's Huemul Project, which spans an impressive 27,700 hectares in Mendoza Province. This region is noted for its significance in the mining sector, particularly for uranium, copper, and vanadium resources. Historically, the area hosted Argentina's first uranium mine, operational from 1955 until its closure in 1975. During this period, approximately 130,000 tonnes of ore were processed, revealing head grades of 0.21% uranium, 2.0% copper, and 0.11% vanadium, showcasing the diversity of its mineral wealth.

Historical Context

The Huemul Project serves as a pivotal location in Argentina's critical minerals landscape, particularly following the recent U.S.-Argentina Framework Instrument aimed at securing critical mineral supply agreements. This framework underscores the importance of uranium, copper, and vanadium in advancing both countries' strategic interests in resource independence and sustainability.

The Company believes its existing relationships with U.S. government funding sources, coupled with the region's favorable mining policies, position Jaguar favorably for future exploration and potential production. The exploration program is set to commence following the completion of an environmental baseline study, expected soon.

Two-Phase Exploration Strategy

Jaguar's exploration initiative is designed as a two-phase program:

1. Data Verification & Geological Model
- The initial phase includes rigorous checks of historical trench data linked to past operations. This phase aims to establish a reliable geological model that can support modern resource estimations.

2. District-Scale Prospecting
- The second phase will involve surficial mapping and prospecting to delineate uranium, copper, and vanadium mineralization across the entire claim area, guided by insights from the first phase's geological data compilation.

This meticulous approach ensures that the exploration adheres to modern methodologies, enhancing the project's viability.

Collaboration with Mendoza's Government

A key aspect of Jaguar's operational strategy is its Collaboration Agreement with Mendoza's Ministry of Energy and Environment, signed on March 4, 2026. This partnership facilitates technical cooperation in various fields such as geological and environmental studies, legal frameworks, and social practices associated with the mining sector. With this formal collaboration, Jaguar expects to navigate regulatory processes more efficiently, a crucial advantage in the current mining landscape.

The collaboration is intended to nurture environment-friendly practices while fostering professional development within the community, creating a symbiotic relationship between the company and local residents.

Looking Ahead

With activities set to ramp up in May 2026, following the expected submission of the environmental study, Jaguar aims to conduct field activities, including drilling and sampling, swiftly. The exploration endeavors at the Huemul Project could lead to significant advancements in mining operations in the region, potentially replenishing the supply chain for critical minerals in both Argentina and internationally.

Overall, Jaguar Uranium's dedication to expanding exploration efforts in Mendoza positions it as a key player in the evolving landscape of critical minerals, where uranium, copper, and vanadium play foundational roles in future energy and industrial applications.