Jaguar Uranium (JAGU) received the Environmental Impact Assessment permit from the Ministry of Environment for the Province of Chubut at Laguna Salada, the Company’s flagship exploration asset in Argentina. Laguna Salada is one of the largest and most prospective near-surface uranium projects in Argentina. Specifically, the permit covers the “Guanaco” portion of the Laguna Salada asset. The EIA approval was received ahead of schedule, providing a significant acceleration to Jaguar Uranium’s exploration timeline. Jaguar believes Laguna Salada represents a near surface, bulk exploration and development target and will now accelerate its fully funded “Phase 1” exploration campaign to test this thesis, following its recent $25M IPO earlier this year.
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