Macusani Yellowcake (CVE:YEL) announced additional assay results from the drilling program at the Chilcuno Chico anomaly on the Kihitian property in Puno, Peru.
The press release is quoted as saying:
The exploration program, which targeted the deeper Manto “B” zone, intersected 15m with a weighted average grade of 583 ppm U3O8 (or 1.166 lbs/ton) from 237 to 252m including a 2m high-grade intersection (from 248 to 250m) with a weighted average grade of 3,842 ppm U3O8 (or 7.684 lbs/ton).
Macusani Yellowcake’s President and CEO, Peter Hooper said:
“In addition to demonstrating continuity along strike and at depth for both mineralized zones, drilling thus far has resulted in an increased strike length of 400 metres on the A zone and 700 metres on the deeper B zone. Based on the assay results to date, we remain optimistic that the Kihitian property will help to define the Macusani Plateau as a significant uranium district.”