Announcement • Mar 18
Jaguar Uranium Corp Initiates Rare Earth Element Assessment At Berlin Project
Jaguar Uranium Corp. announced the commencement of its initial rare earth element ("REE") assessment program at its flagship Berlin Project in Caldas, Colombia. Berlin is a potentially district-scale, polymetallic sedimentary deposit with historically reported uranium mineralization and associated rare earth elements including battery commodities such as vanadium, phosphate, nickel, molybdenum, rhenium, yttrium, neodymium and others. Over 20,000 metres of drilling has historically taken place at Berlin and a large portion of mineralized core is believed to remain preserved and immediately available. The Company will selectively and systematically re-sample and assay this core for REE content, representing the first dedicated rare earth characterization effort at Berlin for the Company. This initial program is expected to focus on re–sampling available historic core, potentially allowing the Company to advance early–stage REE characterization without near–term new drilling. The Berlin Project deposit is a geologically rare combination of elements contained in a layer of phosphate-bearing limestone in a layered sedimentary sequence which may make REE mineralization geologically significant. The historically reported presence of REEs alongside uranium, vanadium, nickel, and phosphate in prior technical work positions Berlin as a potentially transformative, district-scale critical minerals project of significant strategic value to Western governments and industry. Core Logging and Systematic Re-Sampling — A sizeable, mineralized portion of the more than 20,000 meters of previously drilled core is believed to remain preserved and immediately available to the Company. Jaguar plans to selectively systematically log, photograph, and selectively re-sample this core for REE and multi-element assay, targeting initial resource characterization data on an accelerated timeline and at a fraction of the cost of a new drilling campaign. Multi-Element Geological Modeling — Potential REE assay data will be integrated with existing uranium, vanadium, and phosphate datasets to construct a comprehensive multi-element geological model, with the intention to establish a technical foundation required to advance toward an initial multi-commodity resource estimate across the Berlin Project, subject to additional work, verification and regulatory requirements. By-Product Economics and Cost Structure — REE potential, including vanadium, nickel, phosphate, molybdenum, rhenium, and zinc may, if ultimately demonstrated, have the potential to be evaluated as by–product credits in future economic studies, at Berlin. Property: 9,053 hectares across two concessions, in the mining-friendly Department of Caldas, Colombia. Historic drill core: More than 20,000 meters of previous drilling activity — a sizeable, mineralized portion believed to be preserved and available for immediate re-sampling. No new drilling is currently anticipated for this initial analysis. Exploration upside: Only a portion of the project had been drilled by prior operators, offering significant potential upside across the remaining area. Infrastructure: ~12 km from a hydroelectric power source and ~65 km from a river port with direct Caribbean coast access. Potential by-product minerals: Historically reported associated elements include REEs (including neodymium and yttrium), vanadium, phosphate, nickel, molybdenum, rhenium and zinc. The Company is evaluating whether such historically reported associated elements (including REEs, vanadium, phosphate, nickel, molybdenum, rhenium and zinc) could, if ultimately demonstrated and economically recoverable, have potential relevance as future by–products. 2026: Initial REE re-sampling at Berlin - the first formal rare earth characterization data from the project by the Company.
