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Macusani Yellowcake Inc. (TSXV:YEL,FWB:QG1) drilled five new holes on its Kihitian Property in Peru. Hole #QB34-TSE returned a weighted average of 1,902 ppm U3O8 over 14.0m from 15.0 to 29.0m (or 3.804 lbs/ton over 45.9 ft) including 8.0m at 3,286 ppm U3O8 (or 6.572 lbs/ton over 26.2 ft) and hole #QB32-TNW returned a weighted average of 2,273 ppm U3O8 over 6.0m from 48.0 to 54.0m (or 4.546 lbs/ton over 19.6 ft) including 2.0m at 13,425 ppm U3O8 (or 26.850 lbs/ton over 6.5 ft). The Company reported new near-surface, high-grade uranium drill results from its ongoing drilling program.
As quoted in the press release:
The best intersections were encountered on platforms 32 and 34. On platform 34 from borehole #QB34-TSE returned a weighted average of 1,902 ppm U3O8 over 14.0m from 15.0 to 29.0m (or 3.804 lbs/ton over 45.9 ft) including 8.0m at 3,286 ppm U3O8 (or 6.572 lbs/ton over 26.2 ft).
On platform 32 the best intersection was provided by borehole #QB32-TNW that returned a weighted average of 2,273 ppm U3O8 over 6.0m from 48.0 to 54.0m (or 4.546 lbs/ton over 19.6 ft) including 2.0m at 13,425 ppm U3O8 (or 26.850 lbs/ton over 6.5 ft).
Macusani Yellowcake Inc. President and CEO, Dr. Laurence Stefan said:
These results continue to enlarge the mineralized area at the Quebrada Blanca anomaly and will be included in the new geological model and resource calculation that we expect to produce in Q2 of this calendar year.
Click here to read the Macusani Yellowcake Inc. (TSXV:YEL,FWB:QG1) press release
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