Recent News
November 30, 2011
Macusani Yellowcake Intersects 9 m Averaging 0.123% U3O8 (2.4 lbs/ton) Including 2 m Grading 0.529% U3O8 (10.5 lbs/ton) at Kihitian Property, Peru
October 12, 2011
Macusani Yellowcake Intersects 9 m Averaging 0.145% U3O8 (2.9 lbs/ton) Including 4 m Grading 0.260% U3O8 (5.2 lbs/ton) at Kihitian Property, Peru
September 29, 2011
Macusani Yellowcake Intersects 15 m Averaging 0.058% U3O8 (1.2 lbs/ton) Including 2 m Grading 0.384% U3O8 (7.7 lbs/ton) 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 a 99.5% interest in concessions which cover over 50,000 hectares (500 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
- Share cash value of $0.13 - sufficient to carry out exploration plan to the end of 2013
- U3O8 Resources: 0.3 M lbs Measured, 10.1 M lbs Indicated, and 17.0 M lbs Inferred
- Exploration target of 50-100 M lbs Uranium in 2012
- Large, near surface pittable deposits; estimated cash cost of $22 /lb (PEA Apr 2010)
- Resource friendly jurisdiction of Peru with superb infrastructure (roads, power, water, labour, etc.)
