USHA RES LTD - USHAF STOCK NEWS

Usha Resources (TSXV:USHA)(OTCQB:USHAF)(FSE:JO0) has engaged Hillside Consulting and Media Inc. for a 3-month digital marketing campaign to increase corporate awareness. The company will pay Hillside $50,000 CAD plus taxes for services including SEO, PPC, email, YouTube, and social media marketing.

This move follows Usha's recent LOI with Stardust Power, granting them the right to earn up to a 90% interest in the Jackpot Lake Lithium Brine Project for potential consideration of up to US$26,025,000 over five years. Usha has already received a non-refundable US$75,000 payment from Stardust Power.

CEO Deepak Varshney states that engaging Hillside is part of Usha's strategy to increase visibility and build shareholder value. The company is also exploring opportunities to acquire copper and/or gold projects.

Usha Resources has entered a Letter of Intent with Stardust Power, giving Stardust the right to earn up to a 90% interest in Usha's Jackpot Lake Lithium Brine Project. The deal could total up to $26,025,000 over five years, including $1,525,000 in cash, $750,000 in stock, and $15,750,000 in cash or stock at Stardust's discretion. Usha will retain 10% of the project and a 2% Net Smelter Royalty. Stardust Power aims to list on NASDAQ by mid-2024 and will develop a lithium refinery in Oklahoma. The Jackpot Lake Project, located in Clark County, NV, encompasses 8,714 acres and has potential for high lithium concentration.

Usha Resources has made the first anniversary payments for its White Willow Lithium Pegmatite Project, consisting of $20,000 and 200,000 common shares. The project, located 170 km west of Thunder Bay, Ontario, spans over 22,000 hectares and has identified 10 priority drill targets across 44 km. Usha aims to begin a 4,000-meter maiden drill program in Spring 2024. The White Willow site shows promising lithium-cesium-tantalum systems with significant findings such as 0.5% Li2O, 1,833 ppm cesium, and 120,000 ppm tantalum. These developments position the project to capitalize on the growing lithium and green energy markets in Canada.

Usha Resources announces the completion of the Abiwin Transaction, expanding the White Willow Project to 44 kilometers. The company issued $15,000 cash and 250,000 common shares to acquire the Abiwin Lithium Pegmatite Property. The property extends the strike length of the White Willow LCT pegmatite field, showcasing significant potential for critical metal assets. CEO Deepak Varshney highlights the exploration upside for lithium and other critical metals in the newly acquired claims.

Usha Resources expands the strike of the White Willow Project to 44 kilometers and acquires the Abiwin Pegmatite Group, showcasing promising preliminary prospecting results and significant potential for critical metal assets. The company secures almost 22,000 hectares in a new lithium district, with ongoing success in exploration efforts. The Abiwin claims extend the White Willow LCT pegmatite field, highlighting the potential for new discoveries within the district. With the addition of the Abiwin property, Usha Resources aims to further enhance its position in the mineral acquisition and exploration sector.

Usha Resources has made the first anniversary payments for the White Willow Lithium Pegmatite Project, issuing $50,000 and 1,000,000 shares to vendors. The project, spanning 21,000 hectares across 968 claims, showcases significant lithium potential in Canada. The company is excited to advance the project with a planned maiden drill program of 4,000 meters in 2024.

Usha Resources has begun phase 4 fieldwork at the White Willow Lithium Pegmatite Project to define drill-ready dykes for the upcoming maiden drill program. Phase 3 extended the pegmatite trend to over 27 km, yielding promising results like up to 0.5% Li2O, cesium, tantalum, and rubidium. The company has identified 10 target pegmatites and entered into option agreements to acquire adjacent mineral claims.

Usha Resources Ltd. completes Phase 3 program at White Willow Lithium Pegmatite Project, extending potential strike to over 27 km. Fractionation indicators suggest evolved chemical signatures. Maiden drill program planned for Spring with highlight results up to 0.5% Li2O, 1,833 ppm cesium, 120,000 ppm tantalum, and 4,100 ppm rubidium.

Usha Resources Ltd. (USHA) has successfully closed a non-brokered private placement of $595,000, issuing 5,950,000 units at $0.10 per unit. The net proceeds will be used for exploration activities in Nevada and Ontario, with a focus on the White Willow Lithium Pegmatite Project. The company also announced the identification of additional drill targets at the White Willow Project, indicating a strong potential for spodumene-bearing pegmatites.