Jaguar Uranium Corp. announced on Tuesday the successful completion of a 200-rock-sample collection program at its Huemul uranium-copper-vanadium project in the Malargüe region of Mendoza Province, Argentina, with visible uranium, copper, and vanadium mineralization identified on site.

The two-week field exploration campaign covered the project's total area of over 27,000 hectares.



Jaguar Uranium Corp. (NYSE American: JAGU)

Exploration teams discovered visible uranium and copper mineralization consistent with historical records at two outcrops near the former Huemul mine.

Historical data indicates the mine operated under Argentina's National Atomic Energy Commission from 1955 to 1975, processing approximately 130,000 tonnes of ore with average grades of 0.21% uranium, 2.0% copper, and 0.11% vanadium.

Notably, this exploration program included the first-ever sampling of the historical waste rock pile, an area that had not undergone systematic testing previously.

Additionally, the field team identified a roughly 4-kilometer-long prospective copper mineralization trend in the southern Uryco area of the project, with a scale that aligns with the systematic potential suggested by past work.

The company stated that all mineralization observations are currently based on field visual assessments and historical data, pending laboratory verification.

Steven Gold, CEO of Jaguar Uranium, commented that the visible mineralization observed in outcrops and the historical waste pile is largely consistent with the historical descriptions that initially attracted the company to Huemul, and the 4-kilometer copper trend in the Uryco area also matches historical data.

He added that the company looks forward to receiving assay results to validate these observations and plan the next phase of work.

The project is also protected under the U.S.-Argentina Critical Minerals Supply Security Framework Agreement signed in February 2026, and Jaguar signed a cooperation agreement with the Mendoza Ministry of Energy and Environment in March, establishing comprehensive government-company collaboration on various projects in the province.

Assay results for the 200 samples are currently pending, and the company plans to undertake follow-up work, including further sampling and potential drilling, once the results are received.

Jaguar Uranium completed a $25 million initial public offering on the NYSE American in February 2026, and the company currently has a market capitalization of approximately $44.63 million.