Macusani Yellowcake Inc.

Macusani Yellowcake Inc.

March 15, 2010 17:37 ET

Macusani Yellowcake Retains Consultant

TORONTO, ONTARIO--(Marketwire - March 15, 2010) - Macusani Yellowcake Inc. (TSX VENTURE:YEL)(FRANKFURT:QG1) ("Macusani") announced today that it has engaged the services of Mr. Klaus Eckhof to provide advice and counsel to the company on geological, technical and strategic matters.

Mr. Eckhof is a geologist with 20 years of experience developing mineral deposits throughout Africa, South America, Asia, Australia and Russia. In 1994, he founded Spinifex Gold and Lafayette Mining, both of which successfully delineated gold and base metals. In 2003/4 Mr. Eckhof founded Moto Goldmines Limited which delineated a large gold deposit in the Democratic Republic of Congo and was acquired by Randgold Resources Limited in October 2009. Mr. Eckhof currently serves as the President and Chief Executive Officer of Kilo Goldmines Ltd.

In connection with Mr. Eckhof's engagement and subject to regulatory approval, Macusani has granted to Mr. Eckhof stock options to acquire 250,000 common shares exercisable for a two year period at a price of $0.25 per share.

About Macusani Yellowcake

Macusani Yellowcake Inc. is a Canadian uranium exploration company with over 24,000 hectares (240 km2) of mineral properties in south-eastern Peru, on the Macusani Plateau. The shares are traded on the TSX Venture Exchange under the symbol 'YEL' and on the Frankfurt Exchange under the symbol 'QG1'.

There are 59,881,284 common shares of Macusani Yellowcake Inc. outstanding.

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.

Contact Information