Plateau Uranium Inc., formerly Macusani Yellowcake Inc., has successfully consolidated all known uranium resources on the Macusani Plateau in Puno, Peru, solidifying a dominant position in one of the largest undeveloped uranium districts in the world.
1. Controls one of the largest undeveloped uranium projects in the world.
2. Consolidated Resource in Emerging Uranium District
3. 52.9 M lbs U3O8 Measured & Indicated (248 ppm)
4. 72.1 M lbs U3O8 Inferred (251 ppm)
5. 75 ppm U cut-off
6. Robust Resource at Higher Grade Cut-Off
7. 32.8 M lbs U3O8 Measured & Indicated (445 ppm)
8. 45.9 M lbs U3O8 Inferred (501 ppm)
9. 200 ppm U cut-off
10. Robust Project Economics .. NPV: $708 M / IRR: 47.5% (pre-tax)
11. Large Scale: Proposed production of 5.2M lbs U3O8 /year during the first 5 years
12. Low Cost: <$21/lb estimated cash production cost
13. Updated PEA Expected Q3/15 ... Revised to incorporate the new consolidated resource
14. In mining-friendly Peru with excellent Infrastructure, roads, inexpensive power, water, etc.
15. Highly experienced management with uranium industry knowledge.
Peru is recognized around the world as a prime mining jurisdiction with significant existing infrastructure and a supportive government. The nation ranked #2 in Latin America and #30 worldwide in the Fraser Institute 2014 list of top mining investment destinations.
Peru has extensive silver or copper resources but it is also an emerging source of uranium, perhaps the first in the Latin American region, along with Argentina and Paraguay, who are also emerging uranium producers.