The maiden MRE establishes a large-scale, near-surface uranium-vanadium resource in a Western Hemisphere jurisdiction, with only 4.3% of the land package tested. The upcoming infill program (250 pits/trenches + 1,500m sonic drilling) targeting Inferred-to-Indicated conversion and Buried Lake expansion is the key near-term catalyst. Monitor for updated MRE and potential PEA following the US$1.925M work program.
Price Chart
Executive Summary
Jaguar Uranium Corp. announced a maiden S-K 1300 compliant Mineral Resource Estimate for its 100%-owned Laguna Salada Uranium-Vanadium Project in Chubut Province, Argentina. The MRE reports total Indicated resources of 21.1 Mt at 90 ppm U3O8 and 665 ppm V2O5 (119 ppm U3O8 Eq) and total Inferred resources of 34 Mt at 137 ppm U3O8 and 755 ppm V2O5 (170 ppm U3O8 Eq), using a US$12.08/t NSR cut-off. The resource covers approximately 4.3% of the 210,284 ha project area, highlighting significant expansion potential, and the company plans a US$1.925 million infill program to upgrade Inferred resources.
Key Facts
- Maiden Mineral Resource Estimate: 21.1 Mt Indicated at 90 ppm U3O8 and 665 ppm V2O5 (119 ppm U3O8 Eq), containing 4.2 M lbs U3O8 and 31.1 M lbs V2O5.
- Inferred resources: 34 Mt at 137 ppm U3O8 and 755 ppm V2O5 (170 ppm U3O8 Eq), containing 10.1 M lbs U3O8 and 57.3 M lbs V2O5.
- Buried Lake zone has highest grades: Indicated 576,000 t at 205 ppm U3O8 and 745 ppm V2O5; Inferred 14 Mt at 192 ppm U3O8 and 867 ppm V2O5.
- Resource reported at US$12.08/t NSR cut-off using U3O8 price of US$84/lb and V2O5 price of US$5.30/lb.
- Resource footprint covers only ~4.3% of the 210,284 ha project area.
- Company has nearly US$18 million in cash and no debt.
- Recommended US$1.925 million immediate priority work program including 250 new pits/trenches and 1,500 m of sonic drilling.
- Project is subject to a 2.0% NSR royalty held by IsoEnergy, with Jaguar retaining right to buy back 1.0% for US$2.5 million within 7 years.
- Upon commercial production, a one-time payment of C$5M is due to IsoEnergy.
- Jaguar completed a US$25 million IPO on NYSE American in February 2026.
Financial Impact
Maiden MRE establishes 4.2 M lbs Indicated and 10.1 M lbs Inferred U3O8, plus 31.1 M lbs Indicated and 57.3 M lbs Inferred V2O5. At US$84/lb U3O8 and US$5.30/lb V2O5, the in-situ metal value is significant but no economic analysis has been performed. Company holds ~US$18M cash with no debt.
Risk Factors
- Resource relies substantially on historical exploration data; no drilling has been completed by Jaguar.
- Metallurgical test work is historical (pre-2013) and has not been confirmed on fresh representative samples.
- No mineral reserves or economic studies have been completed; the MRE does not demonstrate economic viability.
- Surface access, environmental approvals, and landholder agreements require ongoing management.
- Uranium and vanadium price assumptions (US$84/lb U3O8, US$5.30/lb V2O5) are subject to market volatility.
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-110700 |
| Document: ea030895801ex99-1.htm | 0001213900-26-110700 |
| Document: ea0308958-8k_jaguar.htm | 0001213900-26-110700 |
| Document: ea030895801ex23-1.htm | 0001213900-26-110700 |
| Document: ea030895801ex23-2.htm | 0001213900-26-110700 |
| Document: 0001213900-26-110700-index-headers.html | 0001213900-26-110700 |
| Document: 0001213900-26-110700-index.html | 0001213900-26-110700 |
| Document: 0001213900-26-110700.txt | 0001213900-26-110700 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 8-K | $1.03 $1.00 | ▼ −2.91% | ▼ −3.44% | $0.9900 (−3.88%) |
Jun 26, 2026 17w ago | 8-K | $1.73 $1.67 | ▼ −3.47% | ▼ −4.25% | $0.9900 (−42.77%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers