Usha Resources Commences Phase Four Program at the White Willow Lithium Pegmatite Project

Highlights:

• The Company has commenced its fourth phase of fieldwork at the White Willow Lithium Pegmatite Project with the goal of further defining its drill-ready "Maple Leaf" and "Bingo" LCT dykes prior to commencing its maiden drill program in the Spring.
• Phase 3 was completed in January. A total of 727 grab samples were collected as part of detailed mapping and prospecting over 10 weeks that successfully extended the potential strike of the LCT pegmatite trend to approximately >27 km, still open at both ends. Assays results will be released shortly following final compilation and interpretation.
• Fractionation indicators suggest the dykes at Bingo and at Maple Leaf have reached spodumene-type degrees of fractionation.
• Select highlight results from targets identified to-date include up to 0.5% Li₂O (2,310 ppm), 1,833 ppm cesium, 120,000 ppm tantalum and 4,100 ppm rubidium.

VANCOUVER, BC / ACCESSWIRE / March 25, 2024 / Usha Resources Ltd. ("USHA" or the "Company") (TSXV:USHA)(OTCQB:USHAF)(FSE:JO0), a North American mineral acquisition and exploration company, is pleased to provide this update on its on-going field program at the White Willow Lithium Pegmatite Project ("White Willow" or the "Project") located 170 km west of Thunder Bay, Ontario.

Phase 4 of fieldwork at the Project has commenced with the goal of further defining its drill-ready "Maple Leaf" and "Bingo" LCT dykes prior to commencing its maiden drill program in the Spring.

In total, 10 target pegmatites have been identified across 19 weeks of fieldwork at the Project. Most recently, the Company completed Phase 3 in January where in 10 weeks it collected and submitted a total of 727 grab samples from pegmatites and their host rocks for laboratory analysis as part of detailed mapping and prospecting to identify geochemical anomalies associated with lithium mineralization not visible at surface. The Company will shortly release the results of Phase 3 following final compilation and interpretation.

Phase 4 was initiated immediately based on its preliminary review of assay data from Phase 3 as milder winter conditions permitted early access to the Project.

"We are thrilled with the findings from the most recent phase of fieldwork at White Willow and are very excited to continue to build on our success," said Deepak Varshney, CEO of Usha Resources. "As seen at Patriot Battery Metals' Corvette Project, which has over 20 kilometres of trend, lithium pegmatite swarms occur in clusters, each of which has the potential to become a deposit. With 10 existing primary target areas already identified across our 27-kilometre-plus trend, we believe Phase 4 will contribute significantly in defining these targets ahead of our planned maiden program of 4,000 metres. The findings thus far strongly validate our belief that Willow is a flagship asset where Ontario's next major lithium discovery will occur and we look forward to sharing further updates in the coming weeks and months."