Stocks in play: Usha Resources Ltd
Announces that subject to the approval of the TSX Venture, the Company has executed an option with 2758145 Ontario Ltd., Peter Gehrels, and Allan George Onchulenko of Atikokan, Ontario, for the right to purchase an undivided 100% interest in eight unpatented mining claims located in the Thunder Bay Mining Division of Ontario.. The Nym Property is the second acquisition of Usha's planned expansion into the hard-rock pegmatite space and is a continuation of the Company's strategy to build an accretive portfolio of highly complementary hard-rock assets to its 100% owned flagship Jackpot Lake Lithium Brine Project, where it recently tripled its land position and is progressing with its maiden drill program with a goal of defining a 43-101 compliant resource. Usha Resources Ltd shares V.USHA are trading up one cent at $0.33.
Read:
Global Lithium Supply Under Pressure as South American Nations Discuss "Lithium OPEC"
International Lithium Buyers Looking to South America to Fill Supply Gaps
Race to Secure Critical EV Battery Metals Ahead of Chinese Dominance Fully Underway
Help is on the Way as Rising Alzheimer’s Cases Highlight Urgency for New Treatments
FDA’s Wave of Fast Track Designations Pushing Momentum in Healthcare Sector in 2023