Macusani Yellowcake, Inc. announced the first recovery results from tests conducted on higher grade uranium mineralization from the Kihitian property on the Macusani plateau. The samples were collected from the Pinocho and Chilcuno Chico targets within the Kihitian property. Very high levels of uranium extraction of over 99% were achieved. These are the first recovery results from the Kihitian property and are consistent with the excellent amenability to leaching reported for samples from nearby Colibri 2/3 property. In addition to the high recoveries, the test results also showed fast leaching kinetics. Acid consumption ranged from 302 to 380 kg/t. Although this level of acid consumption appears high, these samples contain more uranium to dissolve than lower grade samples. Acid consumption on a "per gram of uranium" basis is actually lower. A very important trend was observed when comparing the assayed head grades and the calculated head grades. The assayed head grades of samples were 2.94, 4.14 and 13.39%, as assayed by Certimin Laboratories in the initial exploration assays. In contrast, the calculated head grades (3.57, 9.00 and 15.85 % U) are significantly higher. The calculated grades are 18% to 121% higher than the assayed grades. Calculated grades are more accurate than assayed grades since leach solution concentration is homogeneous and easy to sample and potential fire assays errors are confined to the diminished values in the leach residue. This finding could have major implications for the size of the mineral resource.

Macusani Yellowcake, Inc. announced the appointment of Mr. Aaron Keay as an additional director of the company, subject to regulatory approval. Mr. Keay currently serves as the President & Managing Partner of Inform Capital and President & CEO of Revolution Resources Corp.

Macusani Yellowcake, Inc. announced the first drilling results from the Tupuramani property located on the Macusani Plateau in southeastern Peru. Tupuramani is located immediately to the west of, and adjacent to, the Colibri 2 & 3 deposit where the company had previously reported a NI 43-101 resource estimate of 5.4 M lbs indicated at 0.027% U3O8 (0.53 lbs/ton) and 15.1 M lbs inferred at 0.020% U3O8 (0.40 lbs/ton) using a 75 ppm cut-off grade. The large radiometric anomaly depicted and successfully drilled at Colibri 2 & 3 extends for another 3.75 km across the Tupuramani property and continues onto the company's Micha Michani property. Twelve platforms were built and drilling started in the fourth quarter of 2012 designed to verify the consistency of the anomaly at a reasonable distance from the existing drilled resource. Mineralization was successfully intercepted right from surface, predominantly within the first 100m from surface and continuing with repeated mineralized reefs of lower uranium grade to a depth of 250m from surface. These results are reported from boreholes drilled on platforms TP1 and TP3. At present the Company is drilling on platforms TP2 and TP4. As with drilling elsewhere on the Macusani Plateau, five boreholes are drilled from each platform, one vertical and four toward main geographic directions inclined at 55 degrees. The objective of this drilling campaign is to cover a distance of 1km westward from the border with Colibri 2 & 3 at a sufficient spacing in order to be able to define a uranium mineral resource before the end of 2013.