Macusani Yellowcake, Inc. announced assay results from an additional seven drill holes from the ongoing drilling program at the Chilcuno Chico anomaly on the Kihitian Property in Puno, Peru. These results continue to extend both the Manto "A" and deeper Manto "B". The best result was from drill hole PT-CH26-TNE with an 18m intersection from 197m to 215m that returned a weighted average of 762ppm U3O8 (or 1.524 lbs/ton) including a higher-grade zone of 9m that averaged 1,459ppm U3O8 (or 2.918 lbs/ton).

These results are from holes drilled towards the west and southwest from the initial holes drilled at the Chilcuno Chico target on the Kihitian concession. To date, drilling within the Chilcuno Chico anomaly has delineated an area of roughly 800m x 800m that remains open in all directions as far as "Manto B" is concerned. While the "Manto A" structure shows continuity there is less consistency with respect to its shape and the occurrence of uranium mineralization compared to "Manto B".

At present, the Company is operating five diamond drill rigs on the Macusani plateau: three drills on the Kihitian project (one drill at Quebrada Blanca and two drills at Chilcuno Chico) and two drills that have recently started working at the new Tupuramani anomaly in order to test the western extension of Colibri 2 and 3. In the meantime, the drilling program on the Quebrada Blanca anomaly at Kihitian, located to the north of the Chilcuno Chico anomaly, has intersected uranium mineralization in numerous drill holes that penetrated Manto "B" close to surface as well as a newly as yet unnamed mineralized horizon located below Manto "B".