IsoEnergy sells Argentina portfolio
Toronto-listed IsoEnergy has sold its Laguna Salada project, in Argentina, as the company maintains a focus on near-term production opportunities in the US and ongoing exploration work in Canada and Australia.
Jaguar is an arm’s length privately held company with strong operating experience in Latin America. The company intends to pursue a listing on a North American stock exchange.
“We firmly believe that every uranium pound in every jurisdiction will be required to meet expected future uranium demand and Jaguar, with its Berlin project in Colombia and now the IsoEnergy Argentinian properties, has an important role to play in South America,” said IsoEnergy CEO and director Philip Williams.
IsoEnergy has opted for equity in Jaguar, which enables it to remain exposed to the upside in the Argentinian assets.
Since the merger with Consolidated Uranium late last year, IsoEnergy has been largely focused on advancing the Laroque East project, in the Athabasca basin, host to the Hurricane deposit, and restarting its past-producing uranium mines in Utah.
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