Business
Vanguard Mining Expands South American Uranium Portfolio with Closing of Yuty Prometeo Project in Paraguay Adjacent to UEC
Vancouver, BC – TheNewswire - September 3, 2025 – Vanguard Mining Corp. ("Vanguard" or the "Company") (UUU: CSE |UUUFF: OTCID | SL51: Frankfurt) is pleased to a
About this update from Uranium One Mining Corp.
[{"type":"text","content":"Vancouver, BC – TheNewswire - September 3, 2025 – Vanguard Mining Corp. (\"Vanguard\" or the \"Company\") (UUU: CSE |UUUFF: OTCID | SL51: Frankfurt) is pleased to announce that, further to its Definitive Agreement (the “Agreement”) dated June 17, 2025, and its Letter of Intent (“LOI”) dated April 8, 2025, the Company has closed the acquisition of the Yuty Prometeo Project (“Paraguay Uranium”) in southeastern Paraguay. The four concessions — including the three San Jose and one Yuty Uno concession — collectively span approximately 90,000 hectares (222,395 acres) within the prolific Paraná Basin, one of South America’s most promising uranium regions. The project area is located adjacent to Uranium Energy Corp.’s (“UEC”) established Yuty Deposit, which hosts an Indicated resource of 8.96 million pounds of U₃O₈. David Greenway, CEO of Vanguard Mining Corp., commented, “Closing on the Yuty Prometeo concessions is a major milestone for Vanguard and underscores our commitment to building a dominant uranium portfolio in South America. Paraguay offers a unique combination of political stability, investor-friendly policies, and untapped mineral potential that make it an ideal jurisdiction for long-term uranium exploration. With our ground positioned directly alongside UEC’s established Yuty deposit, we see clear opportunity to apply modern exploration techniques across a historically prospective district. This acquisition not only strengthens our strategic footprint in the Paraná Basin but also advances Vanguard’s broader mission to secure critical minerals that will drive the global clean energy transition.” This acquisition follows Company updates issued on April 17, 2025 (engagement of senior geologist Ariel Testi, CPG, to prepare an initial NI 43-101 technical report on the Yuty Prometeo Project), June 12, 2025 (initiation of a site visit, core review and data compilation in Paraguay to support that report), and June 17, 2025 (execution of a Definitive Share Purchase Agreement to acquire 100% of 1302343 B.C. Ltd., which holds an 85% interest in Paraguay Uranium S.A., owner of the four Yuty Prometeo concessions). Figure 1: Project map of the Yuty Prometeo Concessions showing regional road access, Vanguard’s San Jose and Prometeo concession boundaries, and the adjacent Uranium Energy Corp. (UEC) Yuty Project. Notes: Vanguard conces...