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Usha Resources Initiates Expanded Exploration Program at Jackpot Lake Lithium Brine Project
Usha Resources Initiates Expanded Exploration Program at Jackpot Lake Lithium Brine Proje...
About this update from Usha Resources Ltd
[{"type":"text","content":"\n \n \n \n Usha Resources Initiates Expanded Exploration Program at Jackpot Lake Lithium Brine Project\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 22, 2022\n \n \n /CNW/ -\n \n \n Usha Resources Ltd.\n \n (\"USHA\" or the \"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 and precious metal projects, is pleased to announce that it has begun exploration work at its Jackpot Lake Lithium Brine Project in\n \n Clark County, Nevada\n \n . The Company has contracted Rangefront Mining Services to provide geological services and now plans to increase the scope of its maiden drilling program.\n \n \n The upcoming program is focused on sourcing a domestic supply of lithium in\n \n Nevada\n \n in line with President Biden's initiative:\n \n \n \"To help make electric vehicles work, we need also to increase the production of lithium-ion batteries and we need responsible and sustainable domestic sourcing of the critical materials used to make lithium-ion batteries such as lithium, cobalt, nickel, and graphite,\" infrastructure implementation coordinator and senior Biden adviser\n \n Mitch Landrieu\n \n told reporters on\n \n May 2, 2022\n \n .\n \n \n \n Program Highlights:\n \n \n \n \n Rangefront Mining Services, a local\n \n Nevada\n \n firm, has been retained to provide geological services\n \n \n Permitting process now underway following a successful site visit from USHA's technical team to review drill sites for the construction of access roads and drill pads in preparation for drilling\n \n \n USHA has increased the anticipated scope of the drill program to 2,700 metres over 6 holes\n \n \n Plans to commence drilling in late summer / early fall (pending permit approvals)\n \n \n Drill program is fully financed as USHA has recently completed an oversubscribed private placement for gross proceeds of\n \n $2,895,401\n \n (\n \n https://bit.ly/3tOdqUu\n \n )\n \n \n \n Th...