Plateau Uranium Inc. announced results from the recently completed vertical drill hole from Platform 4, 300 m North of Platform 1, at the Falchani discovery, located in the Chaccaconiza area of the Company's Macusani Plateau Project in southeastern Peru. Falchani Platform 4 Vertical Hole Highlights: High-grade lithium-rich unit thickness established - Falchani tuff over 100 m thick. Footprint expanding ­ Platform 4 located 300 m North of Platform 1. Intersected 107.0 m averaging 3,083 ppm Li (0.66% Li2O). Drilling continues with additional holes planned to expand the mineralized footprint of both lithium and uranium mineralization. PT-PCHAC04-TV ­ Vertical Drill Hole; 269.0 m total length: Intersected 107.0 m of 3,083 ppm Li (0.66% Li2O) from 124.0 to 231.0 m in felsic ash fall tuffs, between typical Macusani rhyolite units. Includes a 90.0 m interval of 3,366 ppm Li (0.73% Li2O); Platform 4 is 13 m higher in elevation than Platform 1, and lacks anomalous surface radioactivity. The anticipated subsurface uranium mineralization is not present, with only several anomalous samples >100 ppm U3O8 in the rhyolites. This is now interpreted to represent a less porous/resistant "island" where uranium-bearing fluids did not infiltrate and deposit appreciable uranium mineralization. At >2km2, the radioactive anomaly at Falchani represents the most extensive surface expression prospected to date on the entire Macusani project. Drilling on a new Platform with surface radioactivity present has resumed at Falchani, following the holiday break. Falchani Drilling Details: Analytical results from the vertical diamond drill hole collared from Platform 4 testing the Falchani discovery are presented below. This hole was drilled using large diameter HQ core and is the only drill hole collared from Platform 4.