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Macusani Yellowcake Intersects 9 m Averaging 0.145% U3O8 (2.9 lbs/ton) Including 4 m Grading 0.260% U3O8 (5.2 lbs/ton) at Kihitian Property, Peru

Investing News Network
Oct. 12, 2011 12:14PM PST
Company News

Macusani Yellowcake Inc. (TSXV:YEL) announced additional assay results from the ongoing drilling program at the Chilcuno Chico anomaly on the Kihitian property in Puno, Peru.

Macusani Yellowcake Inc. (TSXV:YEL) announced additional assay results from the ongoing drilling program at the Chilcuno Chico anomaly on the Kihitian property in Puno, Peru.

As quoted in the press release:

These results continue to extend both the “A” zone and deeper Manto “B” zone. The best result was a 9 m intersection from 49 to 58 m that returned a weighted average of 1,448 ppm U3O8 (or 2.896 lbs/ton). This intersection included a higher-grade zone of 4.0 m that averaged 2,597 ppm U3O8 (or 5.194 lbs/ton). (Note that these intersections do not represent true widths.)

Macusani Yellowcake President and CEO, Peter Hooper said:

“The assay results we are releasing today continue to demonstrate continuity at depth and along strike at our Kihitian targets. These results coupled with the previous drill results published over the past several months indicate the potential for a sizeable mineral resource at Kihitian of higher uranium grade.”

Click here to read the Macusani Yellowcake (TSXV:YEL) press release. 

Click here to view the Macusani Yellowcake (TSXV:YEL) profile.

macusani yellowcake tsxv:yel drill results
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