Macusani Yellowcake has pronounced further assay results from the drill campaign conducted at the two platforms, PT-CH2 and PT-CH17. These platforms are located at the Chilcuno Chico region of the Kihitian Property in Peru.
The exploration targeting the deep Manto B zone has cut an average grade of 2,042 ppm U3O8 over 11 m. This intersection signifies the excellent part of an intersection from 74 to 101 m with a weighted average grade of 862 ppm U3O8.
The CEO and President of the company, has commented that the drill program performed at Kihitian property continues to outline the high-grade uranium at the deep Manto B zone. So far, the exploration has shown consistent, excellent values of uranium having good thickness and the company is expecting that the Manto B zone could expand into an economic underground deposit."
The location of the platform 17 is 120 m to adits’ northwest direction, which were explored during the 1980’s by IPEN. Platform 2 is sited 200 m to the northern part of the same adits. CH17-TNW and CH2-TSE platforms are situated 210 m apart and adjacent to the access road constructed by Macusani to the drill site, on a low altitude zone wherein the Manto A was eroded completely and Manto B is nearer to the surface.
The Manto B zone has encountered an average of 0.0862% U3O8 over 27 m and 0.2042% U3O8 over 11 m from the surface in the bore hole CH17-SW. Also, it has yielded 0.0699% U3O8 over 5 m in the bore hole CH2-TSE.
The company drilled the bore hole CH2-TSE, which inclined at 55° towards South-East, and the bore hole CH17-TNW that was inclining at 55° towards North-West.
Source: http://www.macyel.com/