Vanguard Mining Takes Over Option to Acquire Full Interest in Redonda Property

The latest update is out from Recharge Resources Ltd ( (TSE:UUU) ).

Vanguard Mining Corp. has acquired from Stamper Oil & Gas Corp. the option to purchase the remaining 50% interest in the Redonda Property, a set of mineral claims located northeast of Campbell River, British Columbia, originally optioned by Stamper from Homegold Resources Ltd. Under the assignment and waiver agreement signed on December 30, 2025, Vanguard can now secure full ownership of the Redonda Property by making a C$400,000 cash payment to Homegold on or before May 21, 2026, a move that could expand its asset base and strengthen its position in strategic mineral exploration as it builds out a portfolio aligned with the global energy transition.

Spark’s Take on TSE:UUU Stock

According to Spark, TipRanks’ AI Analyst, TSE:UUU is a Underperform.

The overall stock score reflects significant financial challenges with no revenue and high losses. Technical analysis shows positive momentum, but valuation metrics indicate potential overvaluation. The positive corporate events suggest strategic growth prospects, yet the financial instability and lack of earnings dampen the overall outlook.

To see Spark’s full report on TSE:UUU stock, click here.

More about Recharge Resources Ltd

Vanguard Mining Corp. is a Canadian mineral exploration company focused on the discovery and development of high-value strategic minerals, particularly uranium projects in the United States and Paraguay. The company targets assets viewed as critical to the global energy transition and emphasizes responsible exploration and value creation through acquiring and advancing highly prospective uranium properties.

Average Trading Volume: 162,291

Technical Sentiment Signal: Hold

Current Market Cap: C$12.22M

For an in-depth examination of UUU stock, go to TipRanks’ Overview page.