(NewsDirect)
Usha Resources CEO Deepak Varshney joinedSteve Darling from Proactive to share details of the notable progressthe company has made in its fieldwork at the White Willow LithiumPegmatite Project, resulting in the identification of additional drilltargets within the Bingo lithium-cesium-tantalum pegmatite swarms.
The success of the fieldwork hasprompted the company to extend its efforts beyond the initiallyplanned 6 weeks for Phase 3. This extension will allow Usha Resourcesto maximize its mapping, sampling, and prospecting activities beforecommencing drilling operations.
Thedecision to prolong the fieldwork underscores the company'scommitment to thorough exploration and its dedication to uncoveringthe full potential of the White Willow project.
In addition to the positive developmentsin the field, Varshney also announced the successful closure of aprivate placement, which raised nearly $600,000 dollars. These fundswill be instrumental in advancing exploration activities across thecompany's properties in both Nevada and Ontario, as well assupporting general working capital needs. This financial injection isa significant step toward achieving Usha Resources' explorationgoals and project development objectives.
Furthermore, thecompany is actively working on its listing on the Australian StockExchange, demonstrating its commitment to expanding its presence inthe financial markets and enhancing its visibility among investors andstakeholders.
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