Home » News » Macusani Yellowcake Reports New Near-Surface, High-Grade Uranium Drill Results at Flagship Kihitian Project

Macusani Yellowcake Reports New Near-Surface, High-Grade Uranium Drill Results at Flagship Kihitian Project

Dec 10, 2012

TORONTO, ONTARIO–(Marketwire – Dec. 10, 2012) – Macusani Yellowcake Inc. (the “Company”) (TSX VENTURE:YEL)(FRANKFURT:QG1) is pleased to report further high-grade intersections from its ongoing drilling program at the Quebrada Blanca anomaly on its flagship Kihitian Property, which is located in south-eastern Peru.

Highlights

The Company has completed 4 511 m of drilling on the Quebrada Blanca anomaly to date and has published results from the initial 10 holes including one of the Company’s most significant results from hole #QB36-TSW, which returned a weighted average of 1 530 ppm U3O8 over 22.0 m (or 3.06 lbs/ton over 72.2 ft) (see news release dated October 17, 2012).
The new results include high grade uranium assays returning a weighted average of 9 286 ppm U3O8 over 2.0 m from 20.0 to 22.0 m (or 18.57 lbs/ton over 6.6 ft).
All ten platforms drilled to date at Quebrada Blanca have intersected the mineralized manto “B” target.
A new mineralized target intersected 80-100 m below manto “B”.

http://www.macyel.com/investors/press.php