Vanguard Mining Corp. (UUU:CSE; UUFF:OTC; SL51:FWB) has announced the commencement of Phase 1 exploration at its Nucleon Uranium Project in Saskatchewan's Athabasca Basin. The company has partnered with Hardline Exploration Ltd. to carry out the program across seven mineral claims, grouped into four target areas spanning 23,424.90 hectares.
Located in one of the most productive uranium regions globally, the Nucleon Project sits adjacent to major discoveries, including Fission Uranium's Patterson Lake South and NexGen Energy Ltd.'s (NXE:TSX; NXE:NYSE.MKT) Arrow deposit. Vanguard stated that the western portion of the project lies within a geological corridor known for multiple high-grade uranium finds.
Phase 1 will include a lake sediment geochemical survey scheduled for winter 2025. This work will involve sampling frozen lakebeds to test for uranium and associated pathfinder elements. The goal is to quickly identify uranium-bearing systems while keeping exploration costs efficient. The estimated program budget is CA$25,000.
In a statement, Vanguard CEO David Greenway commented: "With over 23,000 hectares in the heart of the Athabasca Basin and no historical modern exploration, this is a genuine blue-sky opportunity. By starting with a disciplined geochemical screening program through Hardline Exploration, we are building a technically sound pathway toward defining high-quality drill targets while managing risk and capital efficiently."
To date, no modern exploration has been undertaken on the Nucleon claims. Vanguard cautioned that while nearby discoveries offer geological context, mineralization on adjacent properties does not necessarily indicate mineralization on its own ground.
Uranium Sector Strengthened by Policy Tailwinds and Rising Demand
According to Mining on January 11, uranium began 2025 at US$71.75 per pound and closed the year at US$81.75, with a high of US$84 in late September. Although spot price changes were modest compared to other metals, term prices for utility contracts reached a 17-year high of US$86.50 in December. Contracting activity accelerated toward year-end, reaching 82 million pounds, though still below the 150 million-pound replacement threshold. The World Nuclear Association increased its long-term demand forecast, projecting a 5.3% annual growth rate through 2040 and anticipating reactor requirements could more than double to 150,000 tonnes by 2050.
Ad Hoc News reported on January 13 that uranium equities gained momentum in 2025, fueled by rising energy demand from artificial intelligence infrastructure and major government initiatives backing nuclear energy. Billions in funding were committed to enrichment and reactor technologies, while uranium was formally designated a critical mineral in the United States. These developments attracted strong institutional interest and increased sector positioning.
Reuters noted on January 14 that the U.S. uranium market continued to face a structural deficit. While domestic mine output reached just 1 million pounds in 2025, annual consumption remained above 50 million pounds. The report added that long-term contracts were approaching US$100 per pound. As utilities and government agencies increased purchases, secondary market stockpiles declined. Meanwhile, the Sprott Physical Uranium Trust raised its holdings to over 72 million pounds by year-end.
Reuters also observed that nuclear power generation hit record highs in 2025. The United States reached its highest output in five years, while China, India, and South Korea reported all-time highs. Asia accounted for the majority of global nuclear development, with approximately 66,000 megawatts of capacity under construction and projected to lead global output in the coming years.
Analyst Notes Early Alignment of Fundamentals and Technical Setup
1In a December 23 report, John Newell of John Newell & Associates identified Vanguard Mining Corp. as approaching a key turning point, where fundamentals, project portfolio, and technical indicators were beginning to align. He issued a "Speculative Buy" rating, highlighting the company's exposure to early-stage assets and a constructive technical setup.
Newell detailed Vanguard's uranium, copper, and gold properties in Paraguay and British Columbia. He noted that the company's uranium footprint in the Paraná Basin spans roughly 90,000 hectares near a known uranium district. "The Prometeo Uno concession alone covers approximately 27,666 hectares and has seen historical drilling," he wrote, citing assays between 0.05% and 0.10% U₃O₈. Surface sampling and geophysical surveys, he added, indicated structural continuity with regional mineralized trends. The nearby San Jose concession showed district-scale potential based on radiometric anomalies recorded over a 40-by-10-kilometer area.
In Canada, Newell reported that Vanguard was progressing the Redonda Copper-Molybdenum and Brussels Creek Gold-Copper-Palladium Projects, both located near infrastructure and aligned with demand for metals supporting electrification and development.
The company's August 2025 CA$2.32 million financing positioned it well for upcoming exploration, Newell stated. He described the capital structure—64.0 million shares outstanding and 80.6 million fully diluted — as appropriate for its stage of development.
From a technical perspective, Newell wrote on December 19 that the stock had formed a long base since late 2023, showing "a progressive series of higher lows, accompanied by improving volume, suggesting accumulation." He identified potential price targets of CA$0.32, CA$0.50, CA$0.90, and CA$1.50, while noting the stock remained below a key resistance level.
He concluded that "with a tight share structure, experienced management, exposure to uranium and copper in proven jurisdictions, and a constructive technical setup, Vanguard Mining checks several boxes for speculative investors." He reiterated his Speculative Buy rating at CA$0.15.
Positioned Along a World-Class Discovery Corridor
Vanguard's activities in the Athabasca Basin are part of a broader focus on critical minerals, including projects in Paraguay and British Columbia. The company reported that each of its four Nucleon target areas lies near or along key uranium-bearing structural trends. Hardline Exploration will integrate regional geology and historical data to guide future targeting.
According to Vanguard's November 2025 investor presentation, upcoming catalysts include trenching and drilling at the Brussels Creek gold-copper project and further exploration at the Prometeo uranium concession. These initiatives are supported by proceeds from the oversubscribed August 2025 financing.
Streetwise Ownership Overview*
Vanguard Mining Corp. (UUU:CSE; UUFF:OTC; SL51:FWB)
By initiating a disciplined, low-cost Phase 1 program in a proven uranium corridor, Vanguard Mining has taken a notable step forward in its exploration strategy. Further developments are anticipated as the program advances and results are reported.
Ownership and Share Structure
3.95% of Vanguard Mining is owned by management and insiders.
The remaining shares are held by retail investors.
As of January 1, 2026, Vanguard Mining Corp. has 76,306,621 shares outstanding and an estimated market capitalization of approximately US$11.6 million, based on recent trading prices. Shares trade in a 52-week range between US$0.05 and US$0.265.
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Important Disclosures:
- Vanguard Mining is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000. In addition, Vanguard Mining 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.
- As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Vanguard Mining.
- James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
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1. Disclosure for the quote from the John Newell article published on December 23, 2025
- For the quoted article (published on December 23, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$3,000.
- 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.
2. Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.






































