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Jaguar Uranium Begins Field Work at Guanaco; Targets Potential Resource at Laguna Salada
Phase 1 program underway following March 2 EIA approval; Additional high-priority targets identified across the broader ~230,000-hectare property TORONTO, May
About this update from Jaguar Uranium Corp.
[{"type":"text","content":" Phase 1 program underway following March 2 EIA approval; Additional high-priority targets identified across the broader ~230,000-hectare property TORONTO, May 12, 2026 /CNW/ - Jaguar Uranium Corp. (NYSE American: JAGU) (\"Jaguar\" or the \"Company\") is pleased to announce that it has commenced field activity on the Guanaco Concessions block (\"Guanaco\") on its flagship Laguna Salada Uranium-Vanadium Project (\"Laguna Salada\" or the \"Project\") in Chubut Province, Argentina. The work program, which follows the Company's March 2, 2026 announcement of Environmental Impact Assessment (\"EIA\") approval from the Province of Chubut, is designed to lay the groundwork for a potential future Mineral Resource Estimate (\"MRE\") on the Guanaco concessions in the near term.1 In conjunction with the field mobilization, Jaguar has engaged Atticus Geoscience Consulting Ltd. (\"Atticus\") and its strategic partner Caracle Creek SpA (\"Caracle Creek\") as the Company's lead independent technical consultants for the Phase 1 program at Guanaco. Atticus and Caracle Creek bring deep South American operating experience and an extensive track record of preparing mineral resource estimates and technical reports compliant with both U.S. Securities and Exchange Commission (\"SEC\") Subpart 1300 of Regulation S-K (\"S-K 1300\") and Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects (\"NI 43-101\") disclosure standards across uranium and other commodities. ______________________________1 There can be no assurance that a Mineral Resource Estimate will be prepared in the near term or at all. The timing and ability to support any such estimate are subject to the completion of sufficient exploration, verification, and analysis, and the results of such work. Highlights Field activity has commenced on the Guanaco concessions, the first work to advance under the recently received EIA permit from the Government of Chubut. Atticus Geoscience and Caracle Creek engaged to direct the Phase 1 program and the technical workstreams that underpin a potential future Mineral Resource Estimate. The Guanaco concessions represent only ~13% of the broader Laguna Salada property (approximately 230,000 hectares in total), leaving substantial exploration upside across the remaining ~87% of the land package. Additional high-priority ta...