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    Macusani Yellowcake Intersects 11 m Grading 0.20% U3O8 (4.0 lbs/ton) at Kihitian Property, Peru

    Investing News Network
    Aug. 10, 2011 12:38PM PST
    Company News

    Macusani Yellowcake Inc. (CVE:YEL) reports additional assay results from the drilling program on two platforms, PT-CH17 and PT-CH2, at the Chilcuno Chico area on the Kihitian property, Peru.

    Macusani Yellowcake Inc. (TSXV:YEL) reports additional assay results from the drilling program on two platforms, PT-CH17 and PT-CH2, at the Chilcuno Chico area on the Kihitian Property, Peru.

    The press release is quoted as saying:

    The exploration program, which targeted the deeper Manto “B” zone, intersected 11 m with a weighted average grade of 2,042 ppm U3O8 (or 4.084 lbs/ton) from 85 to 96m. This intersection represents the high-grade portion of a larger 27 m intersection (from 74 to 101m) with a weighted average grade of 862 ppm U3O8 (or 1.724 lbs/ton).

    Macusani’s President & CEO,  Peter Hooper says:

    “We are very pleased that the drilling campaign at Kihitian continues to trace the deeper Manto “B” zone with high grades. Our exploration to date has demonstrated consistent, high grading uranium values over good widths and we remain optimistic that the Manto “B” zone could develop into an economic underground deposit.”

    Click here to access the entire news release. 

    Click here to access Macusani’s company profile.(TSXV:YEL)

    macusani yellowcaketsxv:yel
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