Plateau Energy Metals Inc – Macusani

Plateau Energy Metals Inc (Stock Symbols – TSXV: PLU, OTCMKTS: PLUUF) was a junior resource company actively developing mineral properties in southeastern Peru. The company has been acquired by American Lithium.  Details on this page will remain until the new American Lithium website has been published with more information.

The company explores for lithium and uranium deposits.

It holds interests in Falchani Lithium Project and Macusani Uranium Project in the Puno province of southeastern Peru.

The company has a 100% interest and also holds a total of 151 mining concessions covering approximately 930 square kilometers on the Macusani Plateau in Peru.

Notably, Plateau Energy Metals Inc (now American Lithium) controls all defined uranium resources in the country.

The company’s Macusani Uranium Project notes a net present value of $603 million with an internal rate of return (IRR) of 40.6% and 1.8 year payback.

The company notes in their Preliminary Economic Assessment (PEA) a resource of 70 million pounds of uranium with an average life of mine production profile of approximately 6 million pounds per year over the anticipated 10 year mine life.

The study demonstrated a low life of mine cash cost of $17 per pound and an all in sustaining cash cost (AISC) of $18 per pound.

Macusani has a measured and indicated 52.9 million pounds with another 72.1 million pounds in the inferred category.

In addition to the company’s uranium assets, the Falchani Lithium Project has completed a preliminary economic analysis (PEA) which denotes a net present value (NPV) for this project at $1.5 billion USD, and has an 19.7% internal rate of return (IRR).

The payback period for this project is 4.7 years and it has a life of mine after tax cash flow of $8.9 billion USD.

The anticipated mine life for this project is 33 years.

The company was formerly known as Plateau Uranium Inc. and changed its name to Plateau Energy Metals Inc. in March 2018.

Plateau Energy Metals Inc. was founded in 2006 and was headquartered in Toronto, Canada.

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Tweets

Plateau Energy Metals is pleased to announce the completion of the merger with American #Lithium @LithiumAmerican.
https://bit.ly/3bjR0kF

$PLU $PLUUF $LI $LIACF

Plateau Energy Metals Securityholders Approve Arrangement with American Lithium
https://bit.ly/3h6jDFE
#Lithium #Uranium
$PLU $PLUUF $LI $LIACF

#Reminder that the deadline to vote your shares at the upcoming Plateau Special Meeting is April 29 at 10am Eastern.
#PlateauEnergyMetals #Lithium #Macusani
$PLU #PLUUF #LI #LIACF
https://bit.ly/3dQJPlG

#Plateau Announces Receipt of Interim Court Order & Mailing of Meeting Materials in Connection with Arrangement with American Lithium $LI $LIACF -Meeting to be held May 3, 2021. $PLU $PLUUF
https://bit.ly/3fYrsg4

#Plateau Energy Metals Announces Break-through in Process Testing of Macusani Uranium Deposits. Process significantly reduces mass while doubling head grades: https://bit.ly/3djxKUT
$PLU $PLUUF #Uranium #Macusani #nuclearenergy

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