Macusani Yellowcake Announces Filing of Technical Report for Updated Resource Estimates
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 09/27/13 -- Macusani Yellowcake Inc. (the "Company") (TSX VENTURE: YEL)(FRANKFURT: QG1) announced that it has filed on SEDAR today a technical report to support the updated NI 43-101 mineral resource estimates for its uranium properties located on the Macusani Plateau in the Puno District of southeastern Peru disclosed in the Company's press release of August 14, 2013. The updated resource estimates show a 167% increase in the contained U3O8 in the measured and indicated resource categories and a 9% increase in inferred resources from totals previously reported.
Details regarding the updated resource estimates can be found in the Company's press release of August 14, 2013 and the technical report, both of which have been filed and are available for viewing and download on the Company's profile at .
About Macusani Yellowcake
Macusani Yellowcake Inc. is a Canadian uranium exploration and development company focussed on the exploration of its properties on the Macusani Plateau in southeastern Peru. The Company owns a 99.5% interest in concessions that cover over 90,000 hectares (900 km2) and are situated near significant infrastructure. Macusani Yellowcake is listed on the TSX Venture Exchange under the symbol 'YEL' and the Frankfurt Exchange under the symbol 'QG1'. The Company has 159,473,613 shares outstanding. For more information please visit .
Disclaimer: Mineral resources are not mineral reserves and do not have demonstrated economic viability. Mineral resources may never be converted into mineral reserves. In addition, "inferred mineral resources" have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher resource category.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Macusani Yellowcake Inc.
Laurence Stefan, President and CEO
+1-416-628-9600
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Datum: 27.09.2013 - 23:02 Uhr
Sprache: Deutsch
News-ID 301053
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TORONTO, ONTARIO
Kategorie:
Mining & Metals
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