Usha Resources Expands Strike of the White Willow Project to 44 Kilometres, Acquires Abiwin Pegmatite Group
Vancouver, British Columbia / April 17, 2024 –
Usha Resources Ltd. is a North American mineral acquisition and exploration company focused on the development of quality battery metal properties that are drill-ready with high-upside and expansion potential. Based in Vancouver, BC, Usha’s portfolio of strategic properties provides target-rich diversification and consist of Jackpot Lake, a lithium project in Nevada; White Willow, a lithium project in Ontario. Usha trades on the TSX Venture Exchange under the symbol USHA, the OTCQB Exchange under the symbol USHAF and the Frankfurt Stock Exchange under the symbol JO0.
To date, drilling at Dry Lake Basin remains successful, and continues to show strong geographic similarities to Albemarle’s Silver Peak Nevada Lithium Mine, the only producing lithium mine in North America.
Company recently reported the highest lithium grades ever at the project, with analytical results from JP22-02 returning as high as 820 ppm and averaging 334 ppm Li in thirty samples collected from shallow surface soils (<500 ft)
Usha will strive to become a best-in-class mining company that creates value for our shareholders through safely and responsibly exploring essential metals for the world of tomorrow.
Spanning 15,680 hectares, the property is in proximity to other lithium projects in the region such as the Seymour Lake Lithium Project, the Georgia Lake pegmatite field, and the Separation Rapids Lithium deposit, showcasing the region’s rich lithium potential.
Usha is in the midst of a to-date successful drill program encountering lithium in shallow soils up to 820ppm, a higher-porosity sand-conglomerate zone at basin bottom with evaporitic salt crystallization confirmed to extend to depth at both drill holes to date.
Compelling share structure with only ~ 46M shares outstanding, approximately 70% of which are owned by insiders, management, and strategic shareholders
Nevada and Ontario are among the highest rates jurisdictions for mining exploration in the world.
Projects in Nevada and Ontario mean exploration crews are busy every month of the year.
Usha is currently drilling the Jackpot Lake Lithium Brine Project in Nevada, and will begin exploration of the White Willow Li-Ta project, both of which present significant opportunity for discovery.
Vancouver, British Columbia / April 17, 2024 –
Vancouver, British Columbia / April 1, 2024 –
Usha Resources Commences Phase Four Program at the