Formation Metals Inc. press release
Usha Resources announces expanded portfolio with acquisition of five pegmatite projects in Ontario
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--News Direct--
Usha Resources CEO Deepak Varshney joined Steve Darling from Proactive to share news the company has expanded its portfolio with the addition of five lithium pegmatite projects located in Ontario.
Varshney says each of these projects has strong technical merit with lots of potential.
The projects are spread across the province and are near critical resources, green technology, and Brunswick. The company plans to do some work on the newly-acquired assets once the snow melts, with the aim of moving the projects along quickly into a joint venture, disposition, or spinout.
Varshney also gave Proactive an update on its flagship Jackpot Lithium Project where it is presently undertaking its maiden drill program with the goal of completing a 43-101 resource.
Contact Details
Proactive Investors Canada
+1 604-688-8158
na-editorial@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/usha-resources-announces-expanded-portfolio-with-acquisition-of-five-pegmatite-projects-in-ontario-608293152
Earlier from Formation Metals Inc.
- Usha Resources Provides Jackpot Lake Update and Continues to Expand Lithium Portfolio Through Acquisition; Adds Five Highly Prospective Pegmatite Projects Located in Ontario's Lithium Hotbed
- Usha Resources Discusses Benefits of North American Lithium Production in Context of New Chilean Lithium Policy, Nym Lake Acquisition, Closing of Plan of Arrangement
- Usha Resources Provides Shareholder Update on Near-Term Growth Catalysts