The Yuty Prometeo-San Jose project features four concessions in the uranium-rich Paraná Basin, including three in San Jose and one in Prometeo.

Vanguard Mining has secured the necessary environmental approvals for its Yuty Prometeo-San Jose uranium project in southeastern Paraguay by obtaining the final set of four required licences.

This marks a significant regulatory advancement for the company’s 90,000-hectare (ha) project, following approval from Paraguay’s Ministerio del Ambiente y Desarrollo Sostenible.

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Vanguard’s Yuty Prometeo–San Jose uranium project encompasses four concessions within the Paraná Basin, a region noted for its uranium potential. The project includes three San Jose concessions and one Prometeo concession.

The Prometeo concession covers about 27,666ha (68,368 acres), neighbouring Uranium Energy Corporation’s (UEC) Yuty Project.

Meanwhile, the San Jose concessions extend over approximately 62,210ha (153,754 acres) across three adjoining claims.

Concurrently, Vanguard has submitted an application for a prospection permit through Paraguay’s Vice Ministry of Mining and Energy (VMME).

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The permit is crucial for progressing towards comprehensive uranium exploration across the project site.