#Argentina #Jaguar Uranium #Huemul Project #Malargüe #Copper Assay

Jaguar Uranium Reports Strong Final Copper Assay Results

Jaguar Uranium Corp. has recently announced substantial results stemming from its Huemul Uranium-Copper-Vanadium project located in Malargüe, Mendoza Province, Argentina. The latest assay results highlight an impressive copper grade of up to 8.54%, along with notable concentrations of uranium, silver, and vanadium, reaffirming the project's potential.

Project Overview

The Huemul project encompasses over 27,000 hectares and is based in a district with historical significance, including being home to Argentina's first uranium mine, which operated from 1955 to 1975 under the Comisión Nacional de Energía Atómica (CNEA). It is expected that this mining history, coupled with reports of previous production, aids in understanding the geological potential of the region.

Noteworthy Findings

Recent surface sampling revealed significant mineralization. Key results from the sampling program, conducted in areas exhibiting visible mineralization, included:

• - Copper: Up to 8.54%
• - Uranium: Up to 2.27%
• - Silver: Up to 708 g/t
• - Vanadium: Up to 1.27%

The results were obtained from various sample types, including rock chips, channel, and composite samples collected from selected target areas, reflecting high-grade mineralization in the underlying sandstones and conglomerates of the Diamante Formation.

Identified Mineral Trend

One of the standout conclusions from the latest sampling work is the identification of a potential 4-kilometer-long mineralization trend spanning the Uryco/Rosa and Black zone. This extensive mineral trend has been defined based on visible observations from both outcrops and subcrops at the project site, suggesting that the zones have significant exploration and production potential going forward.

Management Insights

Steven Gold, President and CEO, expressed enthusiasm regarding these results during the announcement: "These results align with our initial attraction to the Huemul project. Exceptional copper grades coupled with strong values across uranium and vanadium spread through multiple areas bolster our belief that this historic district possesses considerable exploration potential. We are actively moving towards a maiden drilling campaign to thoroughly assess these targets underground."

Historical Context and Future Plans

Historically, the Huemul project processed approximately 130,000 tonnes of mineralized materials with reports indicating average grades of 0.21% uranium and 2.0% copper. While Jaguar has not independently verified these figures, their historical context emphasizes the area's viability for future exploration.

The combination of current findings and historical production data invites the company to maintain a systematic approach to exploration within the region, aiming to unlock the full mineral potential of the Huemul project.

Conclusion

In conclusion, Jaguar Uranium's recent assay results ignite optimism for the future of its operations at the Huemul project. With the identified trends and high-grade discoveries, the company plans to undertake further exploration initiatives to delineate the extent and economic viability of the mineralization trends, marking an exciting phase for both the company and local mining insights in Argentina.