Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
TORONTO, ONTARIO–(Marketwire – Sept. 29, 2011) – Macusani Yellowcake Inc. (the “Company”) (TSX VENTURE:YEL)(FRANKFURT:QG1) is pleased to announce additional assay results from the drilling program at the Chilcuno Chico anomaly on the Kihitian Property in Puno, Peru. The exploration program, which targeted the deeper Manto “B” zone, intersected 15m with a weighted average grade of 583 ppm U3O8 (or 1.166 lbs/ton) from 237 to 252m including a 2m high-grade intersection (from 248 to 250m) with a weighted average grade of 3,842 ppm U3O8 (or 7.684 lbs/ton).
