YEL

Macusani Yellowcake Inc. (the "Company") (TSX VENTURE:YEL)(FRANKFURT:QG1) is
pleased to announce assay results from an additional five drill holes from the
ongoing drilling program at the Chilcuno Chico anomaly on the Kihitian Property
in Puno, southeastern Peru. These results continue to extend both the Manto "A"
mineralized zone and deeper Manto "B" zone. The best result was from drill hole
PT-CH23-TSE, with a 13m intersection along Manto "B" from 247m to 260m, that
returned a weighted average of 1,962ppm U3O8 (or 3.852 lbs/ton) including two
higher-grade zones: the top zone of 3m that averaged 800ppm U3O8 (or 1.600
lbs/ton) and the bottom zone of 5m that averaged 4.491ppm (or 8.982 lbs/t) - see
below for all results.


"Our latest drill results continue to extend Manto "B" as a continuous
mineralized sequence occurring under the entire Chilcuno Chico area. We believe
that excellent open pit mining potential exists on the periphery of the area
where the manto is thicker. The core would be an underground target with a very
steady orientation, inclination, thickness and grade, which may be suitable for
mechanized underground techniques." said Dr. Laurence Stefan, President and CEO.
"The drill results and related geological model continue to suggest that Manto
"B" is a continuous mineralized layer that extends onto the neighbouring
properties that the Company acquired as a result of the merger with Southern
Andes Energy in 2012." 


Selected assay results from boreholes drilled at Chilcuno Chico include: 



---------------------------------------------------------------------------
                                                           Grade      Grade
                Depth     From       To  Intersection       U3O8       U3O8
                   (m)      (m)      (m)        (m)(i)      (ppm)  (lbs/ton)
---------------------------------------------------------------------------
PT-CH23-TSE    260.00    69.00    70.00          1.00        297      0.594
                        247.00   260.00(ii)     13.00      1,926      3.852
including               248.00   251.00          3.00        800      1.600
including               253.00   258.00          5.00      4,491      8.982
---------------------------------------------------------------------------
PT-CH37-TNE    226.50   146.00   148.00          2.00        111      0.222
                        211.00   224.00         13.00      1,322      2.644
including               211.00   219.00          8.00      2,120      4.240
---------------------------------------------------------------------------
PT-CH30-TSW    242.00   209.00   211.00          2.00        126      0.252
                        214.00   240.00         26.00        189      0.378
including               214.00   220.00          6.00        463      0.926
including               222.00   224.00          2.00        512      1.024
---------------------------------------------------------------------------
PT-CH32-TSW    259.50   229.00   232.00          3.00        100      0.200
                        256.00   258.00          2.00      2,871      5.742
---------------------------------------------------------------------------
PT-CH32-TSE    252.00    68.00    70.00          2.00        934      1.868
                        193.00   203.00         10.00        292      0.584
including               194.00   198.00          4.00        666      1.332
                        240.00   251.00         11.00        176      0.352
including               241.00   243.00          2.00        723      1.446
---------------------------------------------------------------------------



(i) The widths above are drill intercepts and not true widths. True widths have
not been determined. 


(ii) Note: hole ended in mineralization.

These results are from holes drilled towards the south and southwest from the
existing geological resource within the Chilcuno Chico target on the Kihitian
concession. To date, drilling within the Chilcuno Chico anomaly has delineated
an area of approximately 920 m by 900 m where Manto "B" remains open in all
directions. Although Manto "A" shows continuity there is less consistency with
respect to its shape and the occurrence of uranium mineralization compared to
Manto "B".


Current Exploration

At present, the Company is operating six 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 three drills at the Tupuramani anomaly that
represents the westward extension of the existing geological resource calculated
at Colibri 2 and 3. 


This phase of intense drilling will end within the next 45 days. A resource
estimation has already been started by Mineral Corporation in Johannesburg,
South Africa and will be released when completed. Concurrently, a Preliminary
Economic Assessment started by GBM in London, UK is continuing and will be
completed once the new geological resources at Chilcuno Chico, Quebrada Blanca
and Tupuramani are estimated. 


Previous assay data, maps and a sample cross section are available on the
Company's website at www.macyel.com/properties/.


Quality Control and Analytical Procedures

Core samples have been crushed and representative samples analyzed for Uranium
(U) abundance and a suite of 40 elements. The necessary analytical quality
control and assurance has been completed by insertion of reference material,
duplicate samples and blank material. After crushing, the core is placed in
sealed bags and shipped to the CIMM's preparation laboratories in Juliaca, Peru.
Following the preparation stage, the sample pulps are sent to CIMM analytical
laboratory in Lima where U and a suite of forty other elements are analysed
using ICP-MS methodology.


CIMM Peru is an ISO certified assay laboratory. The program is designed to
include a comprehensive assay quality control routine comprising the systematic
use of standards, blanks and field duplicate samples. Secondary laboratories are
used for check assaying.


Qualified Person 

Mr. Ian Foreman, P.Geo., of Foremost Geological Consulting, an independent
consultant to the Company, is a Qualified Person as defined under National
Instrument 43-101, and has reviewed and approved the scientific and technical
data contained in this release.


About Macusani Yellowcake 

Macusani Yellowcake Inc. is a Canadian uranium exploration and development
company focussed on the exploration of its properties on the Macusani Plateau in
southeastern Peru. The Company owns a 99.5% interest in concessions that cover
over 90,000 hectares (900 km2) and are situated near significant infrastructure.
Macusani Yellowcake is listed on the TSX Venture Exchange under the symbol 'YEL'
and the Frankfurt Exchange under the symbol 'QG1'. The Company has 159,473,613
shares outstanding. For more information please visit www.macyel.com.


This news release includes certain forward-looking statements concerning the
future performance of Macusani's business, operations and financial performance
and condition, as well as management's objectives, strategies, beliefs and
intentions. Forward-looking statements are frequently identified by such words
as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and
similar words referring to future events and results. Forward-looking statements
are based on the current opinions and expectations of management. All
forward-looking information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, including the speculative nature of
mineral exploration and development, fluctuating commodity prices, competitive
risks and the availability of financing, as described in more detail in the
Company's recent securities filings available at www.sedar.com. Actual events or
results may differ materially from those projected in the forward-looking
statements and Macusani cautions against placing undue reliance thereon. Neither
Macusani nor its management assume any obligation to revise or update these
forward-looking statements. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Macusani Yellowcake Inc.
Laurence Stefan
President and CEO
+1-416-628-9600
laurence@macyel.com


Website: www.macyel.com
Facebook: www.macyel.com/facebook/
Twitter: www.twitter.com/macusani/

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