Usha Resources Ltd. congratulates Stardust Power, Inc. on the completion of its business combination with Global Partner Acquisition Corp II and the listing of its shares of Class A common stock on the Nasdaq Global Market. Usha entered into a Letter of Intent with Stardust Power dated March 15, 2024 granting Stardust Power the right to earn up to a 90% interest subject to a 2% Net Smelter Royalty in Usha's Jackpot Lake [...]
Usha Resources Ltd. , a North American mineral acquisition and exploration company, is pleased to announce that it has entered into a digital marketing agreement dated July 21, 2024 with Sidis Holdings Ltd. , whereunder Sidis will provide digital media, marketing strategies, advertising and awareness campaigns for a fee of up to $500,000 for a term of six months to be spent at the Company's discretion. The engagement of [...]
Usha Resources Ltd. , a North American mineral acquisition and exploration company, is pleased to announce that the Company has executed an option with Abitibi Metals Corp. for the right to purchase an undivided 100% interest in the Southern Arm property . Highlights: Southern Arm hosts a ~7.3 km copper-gold trend along the regional-scale Bapst fault within the volcanic rocks of the Brouillan-Fenelon Group, which hosts [...]
Usha Resources Ltd. , a North American lithium exploration company, is pleased to announce that it has entered into a marketing and distribution service agreement with an arm's-length marketing firm, Hillside Consulting and Media Inc. of Penticton BC, to provide digital marketing services, including SEO, PPC, email, YouTube and social media channels to increase corporate awareness for a term of 3 months. The media [...]
Usha Resources Ltd. , a North American lithium exploration company, is pleased to announce that it has entered into a Letter of Intent with Stardust Power, Inc. dated March 15, 2024 granting Stardust Power the right to earn up to a 90% interest subject to a 2% Net Smelter Royalty in Usha's Jackpot Lake Lithium Brine Project . If the parties enter into definitive agreements covering the transaction, depending on the [...]
Usha Resources Ltd. , a North American mineral acquisition and exploration company, is pleased to announce that it has made the first anniversary payments for the 141 claims comprising the western portion of the White Willow Lithium Pegmatite Project located 170 km west of Thunder Bay, Ontario. A total of $20,000 and 200,000 common shares in aggregate at a deemed price of $0.075 have been issued to 2758145 Ontario Ltd [...]
Usha Resources Ltd. , a North American mineral acquisition and exploration company, is pleased to announce that, further to its news release of April 17, 2024, wherein the Company announced the execution of an option agreement for the right to purchase an undivided 100% interest in 38 mineral claims to the northeast of its flagship White Willow Lithium Pegmatite Project, the Abiwin Lithium Pegmatite Property , it has [...]
Usha Resources Ltd. , a North American mineral acquisition and exploration company, is pleased to announce that, subject to the approval of the TSX Venture , the Company has executed an option for the right to purchase an undivided 100% interest in the Abiwin lithium pegmatite property comprised of 38 mineral claims to the northeast of its flagship White Willow Lithium Pegmatite Project located 170 km west of Thunder Bay [...]
Usha Resources Ltd. , a North American mineral acquisition and exploration company, is pleased to announce that it has made the first anniversary payments for the initial 712 claims comprising the White Willow Lithium Pegmatite Project located 170 km west of Thunder Bay, Ontario. A total of $50,000 and 1,000,000 shares have been issued to 2758145 Ontario Ltd. and Grid Metals Corp. of Toronto, Ontario. The Shares will be [...]
Highlights: The Company has commenced its fourth phase of fieldwork at the White Willow Lithium Pegmatite Project with the goal of further defining its drill-ready "Maple Leaf" and "Bingo" LCT dykes prior to commencing its maiden drill program in the Spring. Phase 3 was completed in January. A total of 727 grab samples were collected as part of detailed mapping and prospecting over 10 weeks that successfully extended the [...]
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 [...]
Usha Resources Ltd. , is pleased to announce that, subject to the final approval of the TSX Venture Exchange , the Company has closed its non-brokered private placement of $595,000 through the issuance of 5,950,000 units at $0.10 per Unit . No finder's fees were paid in connection with the private placement. Each Unit consists of one common share of the Company and one transferable common share purchase warrant [...]
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