#Argentina #Jaguar Uranium #Huemul Project #Malargüe #uranium assay

Jaguar Uranium Achieves Prominent Uranium Assay at Huemul Project

On October 6, 2026, Jaguar Uranium Corp. (NYSE-AM JAGU) announced impressive final assay results from its rock sampling program at the Huemul Uranium-Copper-Vanadium (U-Cu-V) Project located in Malargüe, Mendoza Province, Argentina. The latest assay revealed a remarkable 4.21% U₃O₈, equivalent to 3.57% uranium, substantially exceeding the laboratory's maximum reporting threshold of 25,000 ppm uranium.

This latest update marks a pivotal moment for Jaguar, following earlier announcements of initial sampling results in July and August 2026. The latest data corroborates the presence of high-grade uranium in the targeted area, igniting excitement for future expansions and exploration efforts. With ongoing efforts to refine exploration priorities, Steven Gold, President and CEO, emphasized the significance of this high-grade finding, stating, "These results are helping us refine our exploration priorities and identify the areas with the greatest potential for follow-up work."

Significance of the Latest Findings

The Huemul Project spans over 27,000 hectares, including a past-producing uranium mine that operated from 1955 until 1975. Historical reports suggest approximately 130,000 tonnes of mineralized material were processed, averaging grades of 0.21% uranium, 2.0% copper, and 0.11% vanadium. While Jaguar has not independently verified these historical figures, they underscore the project's productive potential and the presence of uranium, copper, and vanadium mineralization.

Initial assays from selective outcrop composite sample 4319 indicated significant values in copper (up to 8.54%), silver (up to 708 g/t), and vanadium (up to 2.27%). Additional sampling along the Uryco/Rosa and Black zone trends identified copper-bearing occurrences over a striking distance of more than four kilometers, suggesting a rich mineralized corridor.

Exploration and Sampling Methodology

The sampling program implemented by Jaguar involved a targeted approach, capturing various sampling types such as outcrop, channel, and rock chip composites across areas of visible mineralization. Field observations aligned with historical reports, revealing significant mineralization around the former Huemul mine. The collected samples are a testament to the promising mineral deposits within the Huemul district, warranting further investigation and systematic exploration.

It’s essential to note that while the samples represent promising grades, the results disclosed may be biased due to the selective nature of exploration. Any exploration results should be interpreted with caution as they do not necessarily establish average grade or continuity across the entire project area. Additionally, the mineralized occurrences have yet to be shown as continuous zones, which further underscores the need for continued exploration and verification.

Path Forward for Jaguar Uranium

As Jaguar Uranium moves forward, planning for the next steps in their exploration, the company is eager to assess their findings and their implications on future drilling programs. The goal remains to further advance the understanding of mineralization within the Huemul Project, contemplating the potential for a maiden drill campaign. Jaguar's strategy emphasizes maximizing the prospects offered by the historical context of the Huemul district while utilizing modern geological investigation techniques.

The excitement surrounding this discovery is palpable as Jaguar Uranium works diligently to continue their commitment towards sustainable and responsible exploration practices, enhancing the scope for uranium production in South America. The results not only signify promising opportunities for the company but also play a part in the broader narrative of uranium extraction and energy solutions in the region, particularly as international attention shifts increasingly towards renewable energy and clean power alternatives.

In conclusion, the recent assay results from Jaguar Uranium validate their exploration efforts at the Huemul Project, providing a solid foundation for future developments. With the potential of significant uranium-copper-vanadium mineralization, the Huemul Project stands poised for advancement in the ever-evolving sector of uranium mining.