Stocks in Play

Usha Resources Ltd.

11:54 AM EST - Usha Resources Ltd. : Reported that the Company has staked 302 claims totalling 5,914 acres surrounding the 140 optioned claims at its Jackpot Lake Lithium Brine Property ("Project"), effectively more than tripling the total land it controls within the Dry Lake basin. The total footprint of the Project now comprises 442 mineral claims with a total area footprint of approximately 35.3 km2 or 8,714 acres. The prospective lithium brine Project target is a strong conductive geophysical anomaly that was identified through gravity and controlled source audio magnetotellurics/magnetotellurics (CSAMT/MT) surveys. The CSAMT survey defined a strong conductive anomaly that comprised the entirety of the Company's initial optioned claim block (2,800 acres; 11.3 km2) that was open in all directions for further Project expansion. The target is shallow, predominantly above bedrock depths of 600 metres, and is approximately 450 metres thick. The Company has now staked all strategic available basin acreage surrounding its core claims. Usha Resources Ltd. shares V.USHA are trading up 2 cents at $0.39.

Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=USHA%3ACA&qmodStoryID=6147035003589821