Blockchain Registration Transaction Record

Vanguard Mining Acquires Major Paraguay Uranium Project Adjacent to UEC's 8.96M lb Deposit

Vanguard Mining acquires 90,000-hectare Yuty Prometeo uranium project in Paraguay adjacent to UEC's 8.96M lb deposit, expanding South American uranium portfolio.

This acquisition matters because it represents a significant development in the global uranium supply chain at a time when nuclear energy is experiencing renewed interest as a clean, reliable power source. With countries worldwide seeking to decarbonize their energy systems while maintaining grid stability, uranium demand is projected to grow substantially. Vanguard's strategic positioning in Paraguay, adjacent to an established 8.96 million pound uranium deposit, could potentially contribute to future uranium supply critical for nuclear power generation. For investors and energy markets, this expansion into a politically stable jurisdiction with proven uranium potential signals growing opportunities in the critical minerals sector that will power the clean energy transition. The project's development could also bring economic benefits to Paraguay while supporting global efforts to reduce carbon emissions through increased nuclear energy capacity.