Usha Resources Commences Fieldwork at the Drill-Ready Southern Arm Copper-Gold VMS Property
Located in the prolific
The Property is prospective for polymetallic VMS-style mineralization and has multiple drill targets already identified including "
"We are excited to apply modern and novel exploration techniques to the Southern Arm Property to penetrate the thick overburden cover that has deterred previous explorers," stated
The purpose of the biogeochemical survey will be to identify additional priority targets prospective for high-grade gold and copper mineralization that will be included in the Company's maiden drill program to commence this coming fall.
Biogeochemical surveys are exploration techniques that excel at testing for buried mineralization not exposed at the surface by sampling and analyzing whole or selected parts of plants. As plants grow, metals and ions dissolved in the soil and groundwater are incorporated by the plant and migrate to the various parts (roots, truck, stem, bark, leaves), and thus, the plants attain a chemistry reflective of the underlying bedrock. By sampling these biological materials along a systematic grid, Usha plans to identify areas most rich in metals or elements that indicate the most likely areas to host gold or copper mineralization.
Biogeochemical surveys have proven to be an effective method in identifying metal anomalies associated with gold and copper mineralization on adjacent properties in the Abitibi, where there is little to no outcrop exposure (Wallbridge Resources, Gaillard, 2021; Midland Exploration, St-Cyr, 2021; Probe Gold News Release
The Southern Arm Option was negotiated following payment of
The full details of the LOI are included in Usha's press release dated
Qualified person
The technical content of this news release has been reviewed and approved by Mr.
About
For more information, please call 778-899-1780, email info@usharesources.com or visit www.usharesources.com.
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References
Gaillard, N. (2021) Assessment Report, Grasset Property, Biogeochemistry, Summer 2021; Wallbridge Mining, GM72469, 86pp.
St-Cyr, R. (2021) Black Spruce Bark Campaign Report –
Probe Gold (2024) Probe Metals And Midland Exploration Commence Drilling To Test New High Priority Targets South Of Fenelon On
Forward-looking statements:
This news release may include "forward-looking information" under applicable Canadian securities legislation. Such forward-looking information reflects management's current beliefs and are based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Readers are cautioned that such forward-looking information are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry.
The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
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