Macusani Yellowcake Inc. (CVE:YEL) reports continued success with the ongoing exploration program on Chilcuno zone on the Kihitian uranium property on the Macusani Plateau, Peru.
The press release is quoted as saying:
The drill program was designed to test for continuity and grade of the uranium mineralization within a shallow, sub-horizontal, 5 to 25 metre thick horizon (A level) of rhyolitic flows and minor pyroclastic sequences hosting “mantos”, fracture-filling, vertical joints and disseminated autunite, meta-autunite and weeksite.
Macusani Yellowcake’s President and CEO, Peter Hooper says:
“The drilling results at Kihitian continue to demonstrate high-grade intersections which are very encouraging. These results coupled with the previous adit channel and drill results announced late last year indicate the potential for a sizeable mineral resource at Kihitian. The goal of our drilling campaign at Kihitian for 2011 is to demonstrate continuity along strike and at depth and to begin delineating the high-grade mineral resource.”