Usha Resources Expands Strike of the White Willow Project to 44 Kilometres, Acquires Abiwin Pegmatite Group - Seite 2

The fractionated pegmatites of the Abiwin claims are ~44 kilometres from the western-most rare-element pegmatites identified to date on the White Willow property, (the Bingo pegmatite swarm) and extend the already immense strike length of the pegmatite field. (Fig. 1). The Abiwin claims are accessible via Crooked Pine Lake Road.

Foto: Accesswire

Figure 1 - Location Map for the White Willow Project. The Abiwin Block extends the LCT-pegmatite corridor to ~44 km.

The Abiwin claims are also host to the ultramafic "Quetico Intrusions", which are the target of Ni-Cu-PGE exploration efforts on Rio Tinto's adjacent JR property (Fig. 1). Historic grab samples from these intrusions on the Abiwin claims are reported to return up to 33 g/t Pt+Pd*, 3% Cu* and historic surface trenching yielded chip strings of up to 0.72% Zn over 2m (Puumula, 1992)*. The company intends to prioritize expenditures on the exploration for spodumene-bearing pegmatites, however the claims remain highly prospective for base and precious metal mineralization.

Pursuant to the Option Agreement, the Company may acquire a 100% interest in the Property by paying the Vendors a total of $100,000 and issuing an aggregate of 600,000 common shares ("Shares") in the capital of the Company as indicated in the table below:

Payment	Cash	Shares
Signing	$15,000 1	250,000 1
November 16, 2024	$20,000	250,000 2
November 16, 2025	$25,000	250,000 2
November 16, 2026	$40,000	250,000 2
Total	$100,000	1,000,000