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Usha Resources Discovers Lithium-Cesium-Tantalum

Jun 14, 2023

Usha North American mineral acquisition and exploration company has discovered a significant lithium-cesium-tantalum system at its White Willow Lithium Pegmatite Project. The property is situated 170 kilometres west of Thunder Bay in proximity to other lithium projects in the region, such as the Seymour Lake Lithium Project, the Georgia Lake pegmatite field, and the Separation Rapids Lithium deposit, showcasing the region's rich lithium potential. 

The maiden geological work was completed on only approximately 5% of the 15,680-hectare project area, and the Company plans on returning in July to complete a more comprehensive field program to build on the findings following the receipt of analytical results.

"We are thrilled with the findings from this initial program at White Willow," said Deepak Varshney, CEO of Usha Resources. "Unlike most companies who have recently acquired properties in Ontario and Quebec with a focus on location, our acquisition of this project was predicated on a technical model that showed that the two initial pegmatites identified were part of a larger unexplored system waiting to be discovered. Having now identified 45 new pegmatites within a zone where spodumene is anticipated to occur and grown the strike and width of the system over 10 and 20 times in size, respectively, we believe Willow to be a flagship asset where we firmly believe Ontario's next major lithium discovery will occur."

Usha has  completed a two week site visit with its technical team where it completed a first-pass program comprised of sampling pegmatites, mapping, and prospecting. 217 rock samples have been collected and submitted for laboratory analysis.

The LCT pegmatite trend at the Project has a potential strike length of over eight kilometres as beryl was noted through prospecting across the length of the pegmatite swarm. Approximately three kilometres of strike was mapped in detail, with 45 new pegmatites identified, the largest of which was approximately 350 metres by 70 metres, indicating that a significant LCT–system is present at White Willow. The system is open in strike and width.

Beryl and tantalite were identified throughout the system, including a second showing of coarse-grained tantalite approximately 80 metres down-strike from the Maple Leaf Showing which has assayed 14.64% Ta2O5, confirming that the White Willow system is highly evolved. The identification of tantalite throughout the pegmatite swarm is a key finding as coarse–grained tantalite will be present in the most fractionated zone of an LCT-system where spodumene, if present, is anticipated to occur.

Coarse-grained tantalite is only known to be found at one other locality in Ontario which is the North Aubrey pegmatite at Green Technology Metals (GT1) Seymour Lake Project where GT1 has identified a 9.9 Mt resource at 1.04% Li2O.

In addition to the above, the Company has also completed a historical data compilation that also demonstrates the White Willow system is very evolved. 

About Usha Resources Ltd.
Usha Resources Ltd. is a North American mineral acquisition and exploration company focused on the development of quality battery and precious metal properties that are drill-ready with high-upside and expansion potential. Based in Vancouver, BC, Usha's portfolio of strategic properties provides target-rich diversification and consist of Jackpot Lake, a lithium brine project in Nevada; White Willow, a lithium pegmatite project in Ontario that is the flagship among its growing portfolio of hard-rock lithium assets.

For more information, please call Tyler Muir, Investor Relations, at 1-888-772-2452, email tmuir@usharesources.com, or visit https://www.usharesources.com.

Image Photo 2 Usha June 14 2023
Image Usha Map 1 June 14 2023

Tags: Northern Ontario / Exploration / Battery Metals / All Articles