Usha Resources Ltd · TSXV:USHA
Usha Resources — Investor Presentation (July 2024)
15 slides from Usha Resources's investor presentation, Jul 17, 2024
Slide 1: Investor Presentation July 2024
Canadian junior exploration company focused on exploring and advancing early stage high- grade battery metal projects across North America. INVESTOR PRESENTATION July 2024 TSX.V: USHA | OTCQB: USHAF | FSE: JO0
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation and the information contained herein (the “Presentation”) has been prepared by Usha Resources Ltd. (“Usha” or the “Company”) for the use of prospective investors for the purpose of evaluating a potential investment in securities of Usha. This Presentation
Slide 3: Investment Highlights: Why Invest in Usha Resources?
Why Invest in Usha Resources? Investment Jackpot Lake - US Lithium Brine Highlights Southern Arm – Copper-Gold LOI executed for 90% earn-in for US$26,025,000 over 5 years with Stardust Power (MC ~$674M); US$75,000 paid to secure VMS exclusivity, transaction anticipated to close in Q3 2024 16 km
Slide 4: Corporate Overview
Corporate Overview Corporate Details Management Team 77,763,108 $9.7M Deepak Varshney Andrew Tims P.Geo. - CEO & Director P.Geo. - Qualified Professional SHARES ON ISSUE MARKET CAP Over 15 years of experience in the capital Exploration geologist with over 30 years of TSX-V: USHA At C$0.125/sh market
Slide 5: Southern Arm Property – Strategic Copper Acquisition
Southern Arm Property – Strategic Copper Acquisition ▶ 76 Claims totaling more than 42 sq km in the metal-rich and mining friendly northwest Abitibi subprovince of Quebec ▶ Road networks connect to nearby Selbaie Mine, which produced 53 Mt at Fenelon Gold Project Indicated: 2.4 Moz Au 0.96% Cu, 1.9%
Slide 6: Southern Arm Property – Prospective geology
Southern Arm Property – Prospective geology ▶ The geology of the Southern Arm property contains many features consistent with VMS- mineralizing systems ▶ Synvolcanic Bapst Fault represents a splay of the southern Detour Deformation Zone and is associated with metal occurrences to the NW and SE of th
Slide 7: Ontario Pegmatite Portfolio
Ontario Pegmatite Portfolio ▶ 7 projects, ~50,000 ha, 3-year options ▶ White Willow, ~20,000 ha, analogous to Seymour Lake, ~25km+ strike, 14.6% Ta2O5; Li2O has assayed up to ~0.5% and is confirmed to be spodumene-bearing ▶ Frazer Lake, ~18,000 ha, adjacent to PGA which recently identified multiple
Slide 8: White Willow
White Willow ▶ ~20,000 ha, 170 km west of Thunder Bay, Ontario. Adjacent to Highway 11 with logging roads throughout, main power transmission line runs through the property ▶ Located within “Goldilocks” zone of the metasedimentary Quetico subprovince, 6 km from the fault; subprovince is host to a nu
Slide 9: White Willow
White Willow ▶ Bingo Highlights ~5 km field open in both directions; there are two large pegmatites within the field that are on trend with one another. The pegmatites outcrop 600 and 450 metres in length, respectively, and are up to 75 metres in width. If connected, they would form a single large
Slide 10: White Willow – LIBS Muscovite Data
USHA RESOURCES White Willow LIBS Muscovite Data LIBS Data Estimated Real Values 2,500 KRDB ui Rb KRD ui Rb Case Lake 9| 1,000] 1,500 16] 1300/4500] Greenbush 8 700 1,600 14) 910) 4800} Big Mac 12 5,300 2,600 21 6890) 7800} 2,000 Ear Falls 20 900 900 35| _1170| 2700 Victory East 25| 1,000 700 44|_130
Slide 11: Jackpot Lake Lithium Brine
Jackpot Lake Lithium Brine ▶ LOI executed for 90% earn-in for US$26,025,000 over 5 years with Stardust Power (MC ~$674M); USHA retains 10% carried interest and 2% NSR upon completion of JV ▶ US$75,000 paid to secure exclusivity, transaction anticipated to close in Q3 2024 ▶ LOI represents a 13x retu
Slide 12: Jackpot Lake – Historical Summary
Jackpot Lake – Historical Summary ▶ Project target is a strong conductive geophysical anomaly identified through gravity and controlled source audio magnetotellurics/ magnetotellurics (CSAMT/MT) surveys ▶ Gravity surveys indicated that the target is within a closed basin, critical for ensuring lithi
Slide 13: Jackpot Lake – Drilling Summary
Jackpot Lake – Drilling Summary ▶ 2 holes, JP22-01 and JP22-02, advanced up to ~1,800 ft, ~2.75 km apart ▶ Stratigraphy is generally consistent and comprises lacustrine sediments (clays, silts) overlaying a zone of sand and conglomerate ▶ Shallow soils (<500 ft) confirmed to be enriched and present
Slide 14: Summary
Summary WELL FUNDED ~$1.2M working capital provides ample WELL STRUCTURED runway to execute programs at each of the ~77M shares outstanding, with ~60% of Company’s projects which are held by insiders, management, and strategic shareholders WELL MANAGED Collectively, management has over 150 years of
Slide 15: Contact Us
CONTACT US Deepak Varshney, P.Geo. CEO dvarshney@usharesources.co m Follow our Journey! 778-899-1780 TSX.V: USHA | OTCQB: USHAF | FSE: JO0 https://usharesources.com/