Usha Resources Ltd.

USHA

CA91735H1038

Specialty Mining & Metals

Market Closed - Toronto S.E. Other stock markets 11:16:27 31/05/2024 pm IST			5-day change	1st Jan Change
0.09 ^CAD	-.--%		-5.26%	+12.50%

15/05	Usha Resources Makes Option Payment for the White Willow Lithium Pegmatite Project Following Identification of 10 Priority Drill Targets Across Strike of 44 Kilometers	CI
07/05	Usha Resources Ltd. Closes Abiwin Transaction, Expands Strike of the White Willow Project to 44 Kilometres	CI

Usha Resources CEO Deepak Varshney reveals exciting progress in Jackpot Lake lithium project

June 01, 2023 at 01:02 am IST

(via NewsDirect)

Usha Resources CEO Deepak Varshney joined Steve Darling from Proactive to share news the company has begun drilling at its Jackpot Lake lithium project in Nevada. The company is looking to go much deeper with this drilling hitting the 2000-foot mark in previously drilled wells.

Varshney highlighted the efficiency of the project, stating that a resource estimate can be obtained with as few as two holes. The company aims to compile the existing core data and complete an NI 43-101 resource estimate by the fourth quarter of the year. The estimate will provide a comprehensive understanding of the lithium resource potential at the Jackpot Lake project.

Contact Details

Proactive Investors Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

Latest news about Usha Resources Ltd.

Usha Resources Makes Option Payment for the White Willow Lithium Pegmatite Project Following Identification of 10 Priority Drill Targets Across Strike of 44 Kilometers	15/05	CI
Usha Resources Ltd. Closes Abiwin Transaction, Expands Strike of the White Willow Project to 44 Kilometres	07/05	CI
Usha Resources Ltd. Expands Strike of the White Willow Project to 44 Kilometres, Acquires Abiwin Pegmatite Group	17/04	CI
Usha Resources Ltd. Makes Option Payment for the White Willow Lithium Pegmatite Project Following Identification of 10 Priority Drill Targets Across Strike of 27 Kilometres	01/04	CI
Usha Resources Ltd. Commences Phase Four Program at the White Willow Lithium Pegmatite Project	25/03	CI
Usha Resources Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	01/03	CI
Usha Resources Ltd. Provides Update on Its On-Going Field Program At the White Willow Lithium Pegmatite Project Located 170 Km West of Thunder Bay, Ontario	21/02	CI
Usha Resources Ltd. announced that it has received CAD 0.1 million in funding	28/12	CI
Usha Resources Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	30/11	CI
Usha Resources Ltd. Provides White Willow Update	08/11	CI
Usha Resources Ltd. announced that it has received CAD 0.595 million in funding	08/11	CI
Usha Resources Ltd. announced that it has received CAD 0.25 million in funding	20/23/20	CI
Usha Resources Ltd. Updates on Its On-Going Field Program At the White Willow Lithium Pegmatite Project Located 170 Km West of Thunder Bay, Ontario	17/23/17	CI
Usha Resources Starts Phase Three Program to Build on 10 "Key" Drill Targets at White Willow Lithium Pegmatite Project	17/23/17	MT
Usha Resources Says Identified 10 Key Drill Targets at White Willow Lithium Pegmatite Project	14/23/14	MT
Usha Resources Ltd. Identifies Ten Key Drill Targets Across 25 Kilometre Strike At the White Willow Lithium Pegmatite Project	14/23/14	CI
Usha Resources Ltd. Reports Earnings Results for the First Quarter Ended June 30, 2023	29/23/29	CI
Usha Resources Ltd. Discovers Second Lithium-Cesium-Tantalum Pegmatite Swarm at the White Willow Lithium Project	03/23/03	CI
Usha Resources Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023	31/23/31	CI
Usha Resources Ltd. Begins Drilling and 43-101 Resource Estimation At the Jackpot Lake Lithium Brine Project	28/23/28	CI
Usha Resources Reports Lithium-Cesium-Tantalum System at White Willow Lithium Project; Confirms Mobilization of Rig to Jackpot Lake	14/23/14	MT
Usha Resources Ltd. Discovers Lithium-Cesium-Tantalum System Up to 8 Kilometres in Strike At the White Willow Lithium Project, Confirms Mobilization of Rig to Jackpot Lake	14/23/14	CI
Usha Resources Says Discovered Evolved Lithium-Cesium-Tantalum System at Gathering Lake	06/23/06	MT
Usha Resources Ltd. Discovers Evolved Lithium-Cesium-Tantalum System At the Gathering Lake Lithium Pegmatite Project	06/23/06	CI
Usha Resources Confirms Presence of A Lithium-Cesium-Tantalum System At the Mead Lithium Pegmatite Project and Receives Drill Permit	01/23/01	CI

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Company Profile

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.

Sector

Specialty Mining & Metals

Calendar

25/07/2024 - Q4 2024 Earnings Release (Projected)

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