Macusani Yellowcake has reported further drilling results from the Chilcuno Chico anomaly, located at the Kihitian property, Peru. These assay results is continuing to expand the "A" zone and the Manto "B" zone. The company has intersected 1,448 ppm U3O8 over 9 m, including 2,597 ppm U3O8 over 4.0 m.
The CEO and President of the company, has commented that the reported assay results have continued to show the depth and strike continuity at the Kihitian targets. These current results along with the released former drilling results have shown the possibility of high-grade uranium at the Kihitian’s large mineral resource.
The company has intersected 2,597 ppm U3O8 over 4.00 m in the hole PT-CH2-TSW, 717 ppm U3O8 over 2.00 m and 260 ppm U3O8 over 6.00 m in the hole PT-CH2-TNE, 679 ppm U3O8 over 7.00 m and 299 ppm U3O8 over 20.00 m in the hole PT-CH3-TSE, 405 ppm U3O8 over 7.00 m and 194 ppm U3O8 over 18.00 m in the hole PT-CH7-TV, 4,492 ppm U3O8 over 2.00 m and 1,535 ppm U3O8 over 6.00 m in the hole PT-CH8-TV, 2,236 ppm U3O8 over 7.00 m and 622 ppm U3O8 over 28.00 m in the hole PT-CH9-TSW, and 289 ppm U3O8 over 4.00 m in the hole PT-CH10-TSE.
Currently, Macusani is working with three drilling rigs at the property, which has also included the recently moved drill rig at the Quebrada Blanca anomaly that is 2 km to the NW of Chilcuno Chico. It is expecting the release of further assay results at the earliest and stays on target to announce a primary NI 43-101 resource estimate for the property before this year end.