Exploration Work Commences At The Jackpot Lake Lithium Brine Project

VANCOUVER - Usha Resources Ltd. reported that its technical team has mobilized and arrived onsite in preparation for the start of drilling for its near-term drill program at its Jackpot Lake lithium brine project in Nevada. Harris Exploration, the drill contractor, will mobilize shortly to begin construction of access roads and drill pads in preparation for drilling.

Deepak Varshney, CEO, said, "We are very excited to have boots on the ground and look forward to the start of drilling and beginning our journey at Jackpot Lake and capitalizing on our geographical advantage on US soil. We believe that this project is part of the journey we will need to take in North America to secure a domestic supply of lithium and commencing exploratory drilling is the next step in achieving our Company goal to become a top-tier North American lithium producer. With a well-funded treasury, we anticipate the remainder of 2022 to be an extremely active year and we look forward to a busy and productive field season at Jackpot Lake as we also proceed with our other catalysts including the Nicobat Nickel spinout."

The Jackpot Lake Lithium Brine Property is located within Clark County, 35 kilometers northeast of Las Vegas, Nevada, and is comprised of 140 mineral claims that total 2,800 acres (approximately 11.3 km2).