Macusani Yellowcake Intersects 15 m Averaging 0.058% U3O8 (1.2 lbs/ton) Including 2 m Grading 0.384% U3O8 (7.7 lbs/ton) at Kihitian Property, Peru

TORONTO, ONTARIO–(Marketwire – Sept. 29, 2011) – Macusani Yellowcake Inc. (the “Company”) (TSX VENTURE:YEL)(FRANKFURT:QG1) is pleased to announce additional assay results from the drilling program at the Chilcuno Chico anomaly on the Kihitian Property in Puno, Peru. The exploration program, which targeted the deeper Manto “B” zone, intersected 15m with a weighted average grade of 583 ppm U₃O₈ (or 1.166 lbs/ton) from 237 to 252m including a 2m high-grade intersection (from 248 to 250m) with a weighted average grade of 3,842 ppm U₃O₈ (or 7.684 lbs/ton).