Uranium Junior Targets Breakthrough in Paraguay's High-Potential Basin

Source: Streetwise Reports 08/12/2025

Vanguard Mining Corp. (UUU:CSE; RECHF:OTC; SL51:FWB) is advancing early-stage exploration at its Yuty Prometeo project, positioned beside a multimillion-pound uranium deposit in Paraguay. Read more about how the company plans to validate historical data and deliver its maiden NI 43-101 technical report.

Vanguard Mining Corp. (UUU:CSE; RECHF:OTC; SL51:FWB) announced preparations for a technical site visit and core review at its Yuty Prometeo uranium project in southeastern Paraguay. The company’s technical team is organizing the review to support the development of a maiden National Instrument 43-101 (NI 43-101) technical report, which will include core logging, sampling, and validation of historical data.

The Yuty Prometeo project is located within the Parana Basin, a region that hosts several uranium deposits. Vanguard’s land package includes four concessions: three San Jose concessions and one Yuty Uno concession, covering a combined area of approximately 90,000 hectares. The Prometeo concession itself spans roughly 27,666 hectares and is contiguous with Uranium Energy Corp.’s (UEC:NYSE AMERICAN) Yuty project, which contains an indicated mineral resource of 8.96 million pounds of U3O8, or triuranium octoxide.

In a company news release, Vanguard CEO David Greenway stated, “Our technical team is preparing for its initial site visit to conduct core review, a key step as we advance toward our maiden NI 43-101 technical report.” Greenway also highlighted the broader market conditions, citing a 33% increase in uranium prices over the past six months, with spot prices currently at US$78.50 per pound.

The Prometeo concession includes 28 historic drill holes that reported uranium values between 0.05% and 0.10% U3O8. These results are considered historical and have not yet been verified by the company or its qualified person. According to previous data from Anschutz Corp., the concession is located on the same geologic trend as the UEC Yuty project.

The San Jose concessions, which total approximately 62,210 hectares, lie along the Upper Permian-Carboniferous contact, a known uranium-hosting geological structure. A radiometric car survey conducted across a 40-kilometre-by-10-kilometre area identified significant uranium anomalies across the claims, although no mineral resource estimate has yet been reported by Vanguard for the Yuty Prometeo project.

Uranium Energy’s adjacent Yuty project spans approximately 117,359 hectares and contains 8.962 million pounds of indicated U3O8 and 2.203 million pounds of inferred U3O8. Vanguard noted that mineralization on neighboring properties may not reflect mineralization on its own claims.

On August 1, Vanguard Mining Corp. announced the closing of its previously disclosed non-brokered private placement of units at a price of US$0.15 per unit under the Listed Issuer Financing Exemption for gross proceeds of US$1,924,444.65. Each unit consisted of one common share and one-half of one transferable common share purchase warrant, with each whole warrant exercisable at US$0.22 for a period of 18 months from closing. The warrants are subject to an acceleration provision if the company’s common shares trade at or above US$0.32 for five consecutive trading days.

The offering was conducted in all Canadian provinces except Quebec pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions. Securities issued under this exemption are not subject to a hold period under Canadian securities laws. In connection with the offering, Vanguard paid cash finder’s fees totaling US$131,755.60 and issued 878,371 non-transferable finder’s warrants, each exercisable at US$0.22 for 18 months. Proceeds will be used for exploration programs on the company’s mineral properties and for general working capital.

Uranium Sector Faces Supply Constraints Amid Evolving Policy and Demand Trends

The uranium exploration and development sector continues to contend with structural supply challenges and evolving policy conditions. According to the World Nuclear Association, global mine production has historically accounted for approximately 90% of uranium demand, with the remaining supply filled through secondary sources such as recycled materials and government stockpiles. Although spot uranium prices rebounded from 2003 to 2009, the Association noted that prices have remained below the cost of production in the years since. In its 2023 Nuclear Fuel Report, the Association projected a 28% increase in uranium demand between 2023 and 2030, citing the long-term nature of nuclear power deployment and its limited exposure to short-term economic volatility.

In a July 14 commentary, Sprott reported a significant rebound in uranium prices and equities during June. The spot price of uranium rose 9.99% to US$78.56 per pound, while uranium mining equities gained 18.19%. Sprott attributed this trend to increased institutional interest and recent policy decisions, including the World Bank’s reversal of its longstanding ban on nuclear project financing and the continued inclusion of nuclear energy in U.S. tax credit programs. The firm also cited the expansion of artificial intelligence infrastructure, with over 28 gigawatts of nuclear-linked capacity announced to support data center development.

John Newell of John Newell & Associates issued a Speculative Buy rating on Vanguard Mining Corp., citing its portfolio of exploration-stage uranium and copper assets in tier-one jurisdictions and its positioning in metals critical to the global energy transition.

Crux Investor, in a separate July 14 report, emphasized that while political support for nuclear energy has improved, pricing challenges remain. The report noted that uranium prices near US$65 per pound are still below the estimated US$100 per pound typically required to support new mine development.

Although utilities have begun signing term contracts at levels above US$80 per pound, long-term supply constraints persist due to the depletion of high-grade deposits and limited processing infrastructure.

The report also highlighted increasing interest in North American uranium sources, driven by concerns over supply chain security. Crux stated that “domestic uranium commands premium pricing due to supply chain security concerns,” adding that utilities are placing greater emphasis on reliable domestic supply to meet growing demand from national infrastructure and technology sectors.

Discovery Alert reported on July 23 that uranium companies are adjusting their strategies to reflect current market dynamics. Early-stage explorers are expanding drill programs in underexplored regions, while near-term developers are advancing offtake agreements and revising project economics. Established producers are optimizing existing operations to maintain a consistent supply. Companies across the industry are placing greater emphasis on jurisdictional stability, technical validation, and environmental, social, and governance (ESG) performance, reflecting broader shifts in how nuclear energy is perceived within global energy policy frameworks.

The U.S. uranium industry recorded substantial year-on-year growth in 2024, according to the U.S. Energy Information Administration’s Domestic Uranium Production Report on August 7. National output reached 677,000 pounds of U3O8, up from 50,000 pounds in 2023, marking the highest level since 2016. Exploration drilling totaled 1,324 holes covering 613,000 feet, while development drilling rose to 2,462 holes covering 1.26 million feet, both representing significant increases from the previous year. In-situ recovery facility capacity expanded to 14.1 million pounds of U3O8 per year from 7.5 million pounds in 2023, reflecting operational gains across multiple sites.

Employment in the sector climbed to 506 full-time person-years from 340, and industry expenditures on land, exploration, drilling, production, and reclamation grew to US$160 million from US$107.4 million. The EIA attributed these advances to expanded exploration programs, increased facility utilization, and supportive federal measures aimed at strengthening domestic uranium supply.

Analyst Sees Speculative Buy Opportunity for Vanguard Mining

*On August 8, John Newell of John Newell & Associates issued a Speculative Buy rating on Vanguard Mining Corp., citing its portfolio of exploration-stage uranium and copper assets in tier-one jurisdictions and its positioning in metals critical to the global energy transition. According to Newell, the company’s flagship uranium project in Paraguay’s Paraná Basin is strategically located adjacent to a defined uranium deposit, while its Brussels Creek copper-gold project in British Columbia offers additional diversification. He highlighted the company’s disciplined and technical exploration approach, stating that it is “focused on uranium assets that could serve the coming supply squeeze in the nuclear fuel cycle.”

Newell noted that Vanguard’s leadership team, led by CEO David Greenway and CFO Richard Robins, brought extensive experience in building, financing, and managing resource companies. He pointed to the absence of outstanding options or restricted share units as a factor limiting potential dilution, with warrants representing the only source of near-term share issuance. From a technical perspective, Newell described the company’s daily chart as showing a “long, quiet bottoming pattern” through 2024, followed by a series of higher lows in early 2025 accompanied by increasing volume, which he interpreted as signs of accumulation. He identified resistance just below CA$0.22 and outlined technical price targets of CA$0.32, CA$0.50, CA$0.90, and a longer-term target of CA$1.50.

In his conclusion, Newell stated that “with a tight share structure, experienced management, exposure to uranium and copper in proven jurisdictions, and a compelling chart setup, Vanguard Mining checks several boxes for speculative investors.” He emphasized that the groundwork appeared to be in place for the company to benefit from the next phase of the commodity cycle, while advising investors to conduct their own due diligence.

Upcoming Milestones and Project Positioning

Vanguard Mining is positioning the Yuty Prometeo project as a key part of its uranium portfolio in the Americas. According to the company’s July 2025 investor presentation, the Prometeo concession has been subject to prior exploration that supports its alignment with the regional uranium trend. Preliminary surface data, geophysical surveys, and historical drill logs contribute to the rationale for further exploration work. [OWNERSHIP_CHART-11343]

The upcoming technical review and data verification process are intended to support the preparation of an NI 43-101 report, which is expected to formalize the project’s early-stage potential. The qualified person overseeing technical disclosure for Vanguard is J.T. Shearer, M.Sc., D.I.C., P.Geo., who has reviewed the existing assay certificates and sampling procedures. However, some historical results may not be fully verifiable due to incomplete records.

Vanguard emphasized the strategic location of its concessions, citing proximity to UEC’s Yuty and Coronel Oviedo projects, access to infrastructure, and the broader growth in global uranium demand. The company’s investor materials also highlighted that the Parana Basin remains an underexplored but prospective region for uranium exploration. Vanguard is currently focused on advancing the project through responsible exploration and technical validation efforts.

Ownership and Share Structure

According to Refinitiv, 0.84% of Vanguard Mining is owned by management and insiders. The rest is retail.

Vanguard has 51,373,353 million free float shares, a 52-week range of US$0.05-US$0.25. They have a market cap of US$5,710,947

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1. Vanguard has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.
2. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Vanguard and Uranium Energy.
3. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
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* Disclosure for the quote from the John Newell article published on August 8, 2025

1. For the quoted article (published on August 8, 2025 ), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.
2. Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.

John Newell Disclaimer

As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it’s advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.

( Companies Mentioned: UUU:CSE; RECHF:OTC; SL51:FWB, )

Source: https://www.streetwisereports.com/article/2025/08/12/uranium-junior-targets-breakthrough-in-paraguays-high-potential-basin.html