09:09 AM EST - Usha Resources Ltd : Announced it has successfully completed hole JP22-1 at the Jackpot Lake Lithium Brine Property. The Company will now proceed with drilling its second hole and sampling JP22–1. USHA's 2023 drill program marks the first drill testing of the Jackpot Lake Project which is hosted within a basin estimated to be 10,900 acres and 625 metres deep. JP22-1 was completed to a total depth of 1,723 feet or 525 metres below ground and now confirms, support for a similar geologic setting to that of Clayton Valley, hosting Albemarle's Silver Peak Nevada Lithium Mine, the only producing lithium mine in North America. Lithium is present in JP22-1 at a grade of up to 300 ppm within ten samples collected from shallow surface soils (<442 ft). Usha Resources Ltd
shares V.USHA are trading -$0.03 at $0.29.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=USHA%3ACA&qmodStoryID=6591210164710932
