USHAF Overview

Usha Resources Ltd. Announces IP Survey: The company has finalized plans for an Induced Polarization survey at its Southern Arm polymetallic VMS property in Quebec, aiming to identify chargeability and resistivity anomalies associated with sulphides down to 350+ meters.

Exploration Strategy and Nearby Projects: Usha is utilizing advanced geophysical techniques to explore the Southern Arm property, which is located near notable mineral deposits, and plans to commence a 3,000-meter drill program based on the survey results.

Discovery Announcement: Usha Resources Ltd. has discovered spodumene at its White Willow Lithium Pegmatite Project, validating its development efforts over the past 15 months and expanding the project significantly.

Project Developments: The company has entered into agreements for its Southern Arm Copper-Gold project and Jackpot Lake Lithium Brine property, with plans to initiate drilling and exploration activities in Fall 2024, supported by a strong balance sheet of approximately $2 million in working capital.