Macusani Yellowcake Inc.(TSXV:YEL) reports the initial assay results from the first drill hole of its Kihitian uranium property on the Macusani Plateau, Peru.
The Company had previously announced that 297 m of existing adits in the Chilcuno zone of the Kihitian property had been channel sampled and returned an average of 0.626% U3O8 (12.52 lbs U3O8 per ton) from 146 samples (see press release dated January 13, 2010).
Macusani Yellowcake’s CEO, Peter Hooper says:
The latest results confirm that the Kihitian property contains some of the highest uranium grades drilled to date on our Macusani properties. With a radiometric anomaly that runs over 4 km of strike length, we are optimistic that a significant high grade, shallow uranium deposit can be outlined by further drilling.”