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Mineralisation everywhere you kick a stone says Plateau Uranium Chairman

Speaking to Proactive, Ian Stalker, chairman of Plateau Uranium (CVE: PLU) said the company has all the known uranium mineralisation in Peru, and plans to get its Macusani Plateau Uranium project into production by 2019.
The next three years, “gives us the opportunity to get this mine into production just as the deficit between supply and demand kicks in really hard,” he said.
The company aims to complete its Preliminary Feasibility Study in early 2017 before moving on to the full bankable study and the construction phase in the middle of 2018.
Plateau has a resource of 124mln pounds of uranium and will initially focus on 70mln pounds producing six million pounds per year at a cost of US$17.30, making it the fifth or sixth largest uranium production company globally.

Quick facts: Plateau Energy Metals

Price: 0.8 CAD

Market: TSX-V
Market Cap: $83.97 m

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