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Usha Resources Ltd. V.USHA

Alternate Symbol(s):  USHAF

Usha Resources Ltd. is a mineral acquisition and exploration company. It is focused on the development of lithium metal properties that are drill-ready with high-upside and expansion potential. Its portfolio of properties provides target-rich diversification and includes Jackpot Lake, a lithium brine project in Nevada and White Willow, a lithium pegmatite project in Ontario that is the flagship among its portfolio of hard-rock lithium assets. The Jackpot Lake Lithium Brine Property located within Clark County, about 35 kilometers (km) northeast of Las Vegas, Nevada, consists of 140 mineral claims that total 2,800 acres. Spanning 15,680 hectares, the White Willow Lithium-Tantalum Property is situated 170 km west of Thunder Bay. It has the option to acquire a 100% interest in five lithium pegmatite projects located in Ontario: the Lee Lake, Mead, Bluett, Gathering Lake and Triangle Lake projects. It also has the option to acquire a 100% interest in the Abiwin lithium pegmatite property.


TSXV:USHA - Post by User

Post by Betteryear2on Feb 21, 2024 7:35am
98 Views
Post# 35890380

Usha Resources Completes Phase Three Program

Usha Resources Completes Phase Three Program

Highlights:

  • The Company has completed its Phase 3 program at the White Willow Lithium Pegmatite Project. A total of 727 grab samples were collected as part of detailed mapping and prospecting over 10 weeks.
  • The Company has successfully extended the potential strike of the LCT pegmatite trend to approximately >27 km, still open at both ends.
  • Fractionation indicators suggest the dykes at Bingo and at Maple Leaf have reached spodumene-type degrees of fractionation.
  • The Company intends on drilling newly identified targets from the Phase 3 Program and the 10 existing target pegmatites as part of its maiden drill program in the Spring. Select highlight results from targets identified to-date include up to 0.5% Li2O (2,310 ppm), 1,833 ppm cesium, 120,000 ppm tantalum and 4,100 ppm rubidium.

VANCOUVER, BC / ACCESSWIRE / February 21, 2024 / Usha Resources Ltd. ("USHA" or the "Company") (TSXV:USHA)(OTCQB:USHAF)(FSE:JO0), a North American mineral acquisition and exploration company, is pleased to provide this update on its on-going field program at the White Willow Lithium Pegmatite Project ("White Willow" or the "Project") located 170 km west of Thunder Bay, Ontario.

Usha Resources Completes Phase Three Program, Extending Strike to 27 Kilometres at the White Willow Lithium Pegmatite Project (accesswire.com)

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