Macusani Yellowcake (TSXV:YEL,FWB:QG1) assayed multiple new high-grade intersections from the ongoing drilling program at the Quebrada Blanca anomaly on its Kihitian Property in south-eastern Peru.
As quoted in the press release:
The best high-grade uranium assay was reported on platform 36 from borehole #QB36-TSW, drilled to a depth of 139.50m, over 22.0 m from 12.0 to 34.0 m with a weighted average of 1530 ppm U3O8 (or 3.06 lbs/ton over 72.2 ft). This included a higher-grade zone of 5.0 m that averaged 0.593% U3O8 (or 11.86 lbs/ton over 16.4 ft). The Quebrada Blanca anomaly is located approximately 2 km northwest of the Chilcuno Chico anomaly on the Kihitian property, on the northwest border of the concession.
Macusani Yellowcake President and CEO Dr. Laurence Stefan said:
These new uranium assays obtained from shallow drilling in the Quebrada Blanca anomaly are very encouraging and leads us to believe that the future reported geological resources in these zones could be of higher grade than everything else reported to date at Macusani, enhancing the probability of a positive economic study on the plateau.