09:22 AM EST - Usha Resources Ltd : Announces it has confirmed the presence of a fertile lithium-cesium-tantalum system at its Mead Project located 25 minutes south of Hearst, Ontario. The Company also announces it has received its exploration permit for the Mead Project from the Ontario Ministry of Mines. The project comprises 1,001 hectares located adjacent on both east/west boundaries to Brunswick Resources' Hearst Project, where it has an on-going drill program to assess the spodumene-bearing Decoy pegmatite and other pegmatites along to the west/southwest towards the Mead Property up to 2 kilometres from the claim boundary. An exploration permit has been approved for a five (5) hole drilling program. The project was recently optioned for $5,000 and 50,000 shares and the Company has the right to earn 100% through a total payment of $62,500 and 412,500 shares over 3 years. Usha Resources Ltd.
shares V.USHA are trading unchanged at $0.27.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=USHA%3ACA&qmodStoryID=4613941796662155
