en.Wedoany.com Reported - Canadian company Jaguar Uranium has commenced initial fieldwork at the Guanaco area of the Laguna Salada project in Argentina's Chubut Province, aiming to advance the identification of a potential initial uranium resource. The company views this phase as a critical step in determining the deposit's potential and accelerating the development of one of its most important assets in Argentina.

These activities began following the Chubut provincial government's approval of the environmental impact assessment for the Guanaco area. The authorization permits activities such as geophysical surveys, drilling, sampling, and access road construction. According to the mining company, the approval timeline was ahead of expectations, allowing the exploration program to be implemented earlier than planned.

Jaguar Uranium will initially target near-surface mineralized zones, utilizing historical data combined with new exploration activities. The plan includes reinterpreting geological data and advancing toward a potential mineral resource estimate, though the company notes this will depend on technical results and future regulatory assessments.

The Laguna Salada project covers approximately 230,000 hectares and is considered one of the largest uranium exploration projects in Argentina. Within this area, Guanaco is a priority zone due to its geological potential and historical records associated with uranium-vanadium mineralization.

The company stated that its financial position has been strengthened following its recent listing, providing sufficient capital to support the planned exploration programs over the coming years. Jaguar's strategy is to accelerate projects with historical context and near-term resource definition potential.

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