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    market news

    Macusani Yellowcake Finds Considerable Peruvian Results

    Investing News Network
    Dec. 11, 2012 05:06PM PST
    Energy Investing

    Mining Weekly reported that Macusani Yellowcake (TSXV:YEL), a Uranium exploration and development company, released a statement on on Monday saying it has discovered high grade intersections from its flagship Kihitian Property, located in southeastern Peru.

    Mining Weekly reported that Macusani Yellowcake (TSXV:YEL), a Uranium exploration and development company, released a statement on on Monday saying it has discovered high grade intersections from its flagship Kihitian Property, located in southeastern Peru.

    As quoted in the market report:

    “The latest assays at the Quebrada Blanca anomaly continue to demonstrate the encouraging near-surface uranium mineralisation potential of the western area of the Kihitian concession. In addition, the presence at depth of a new mineralised sequence located 100 m below manto “B”, consistently intercepted by three vertical boreholes, is a new addition to our geological model.

    “We now have discoveries covering a 5 km strike length and continue to explore with three drills on the Kihitian property,” president and CEO Dr Laurence Stefan said.”

    Click here to read the full Mining Weekly report.

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