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 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, etc.)
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.
