The estimate identifies 4.2 million pounds of indicated U3O8 and 10.1 million pounds of inferred U3O8, alongside substantial vanadium deposits. These findings cover only about 4.3% of the project's total land area, suggesting considerable room for expansion. Jaguar CEO Steven Gold described the results as a landmark milestone that validates the scale of the surficial deposit.

To support further development, the company plans a targeted work program including sonic drilling and infill pitting to upgrade inferred resources. With nearly US$18 million in cash and no debt, the firm remains well-positioned to advance exploration. The project's mineralization, primarily carnotite found in unconsolidated gravels, is considered potentially amenable to low-cost open-pit extraction and physical beneficiation. A formal technical report detailing these findings is expected to be filed within 45 days.