Discovering Peru's Uranium Potential
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.)
Upcoming Milestones
- Q4 2011 - Kihitian: 3 drills currently turning; steady stream of further assays expected. NI 43-101 resource statement following drilling.
- 2012 - Kihitian: Drilling programme on shallow 'A' and deeper high grade 'B' zones. Expanded 43-101 encompassing multiple Kihitian deposits.
World Class Management Team
The board of directors and senior management team have a wealth of experience with uranium and working in South America. The Company is headquarted in Toronto with field offices in Peru.
Responsible Exploration Practices
Macusani Yellowcake is committed to balancing profitability with sustainable development practices. By working closely with the local community and Peru goverment officials, the Company is helping realize the potential of the Peru's vast mineral wealth in a sustainable way.
