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Usha Resources Confirms Presence of a Lithium-Cesium-Tantalum System at the Mead Lithium Pegmatite Project and Receives Drill Permit
Usha Resources Confirms Presence of a Lithium-Cesium-Tantalum System at the Mead Lithium Pegmatit...
About this update from Usha Resources Ltd
[{"type":"text","content":"\n \n \n \n Usha Resources Confirms Presence of a Lithium-Cesium-Tantalum System at the Mead Lithium Pegmatite Project and Receives Drill Permit\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 1, 2023\n \n \n /CNW/ -\n \n \n Usha Resources Ltd.\n \n (\"USHA\"\n \n or the\n \n \"Company\")\n \n (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company focused on the development of drill-ready battery metal projects, is pleased to announce that it has confirmed the presence of a fertile lithium-cesium-tantalum (\"LCT\") system at its Mead Project located 25 minutes south of\n \n Hearst, Ontario\n \n . The Company is also pleased to announce that it has received its exploration permit for the Mead Project from the Ontario Ministry of Mines.\n \n \n \n Highlights:\n \n \n \n \n A two (2) day site visit has been completed which identified beryl-pegmatites confirming the presence of a lithium-cesium-tantalum (\"LCT\") system. The identification of beryl is a key finding that confirms the potential for Mead to contain highly evolved LCT-pegmatites that could bear spodumene, the key lithium-bearing mineral in pegmatites.\n \n \n 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 trend to the west/southwest towards the Mead Property up to 2 kilometres from the claim boundary.\n \n \n An exploration permit has been approved for a five (5) hole drilling program.\n \n \n The project was recently optioned for\n \n $5,000\n \n and 50,000 shares and the Company has the right to earn 100% through a total payment of\n \n $62,500\n \n and 412,500 shares over 3 years.\n \n \n \n The Company completed a successful two (2) day site visit where it identified numerous minerals that are indicative of an LCT-system including garnet, tourmaline and most importantly, beryl. Given Mead's lo...