Recent News
May 17, 2012
Macusani Yellowcake Announces New Discovery at Quebrada Blanca Anomaly on Kihitian Property
April 13, 2012
Macusani Yellowcake and Southern Andes Announce Completion of Merger and Consolidation of Major Uranium Land Position
April 2, 2012
Macusani Yellowcake and Southern Andes Shareholders Approve Merger / Record Date Fixed for Caracara Distribution
March 20, 2012
Macusani Yellowcake Announces Additional Results from Ongoing Drilling at Kihitian Property, Peru
Company Profile
Macusani Yellowcake Inc. is a Canadian uranium exploration and development company currently focussed on the exploration of its Kihitian Property on the Macusani Plateau in south-eastern Peru. The Company owns interests in concessions which cover over 90,000 hectares (900 km2) and are situated near significant infrastructure. Recent drilling carried out by the Company continues to demonstrate high-grade uranium intersections at Kihitian from which the Company plans to advance to a resource estimate by 2012. Macusani Yellowcake is listed on the TSX Venture Exchange under the symbol 'YEL' and the Frankfurt Exchange under the symbol 'QC1'.
Investment Highlights
- Cash reserves of $12.9M(April 2012) representing ~8 cents share cash value; sufficient to carry out exploration to the end of 2013
- 0.3 M lbs Measured, 10.1 M lbs Indicated, and 17.0 M lbs Inferred Resources delineated to date
- Large, near-surface, open-pittable deposits with recoveries ranging from 84% - 99%
- Estimated cash production cost of < $22 /lb (2010 PEA)
- Resource friendly jurisdiction of Peru with superb infrastructure (roads, power, water, labour, etc.)
