Usha Resources CEO Deepak Varshney joined Steve Darling from Proactive to share news the company conducted a two-day site visit where it identified beryl-pegmatites confirming the presence of a lithium-cesium-tantalum system at the Mead Project in Ontario. This is a key finding that confirms the potential for Mead to contain highly evolved LCT-pegmatites that could bear spodumene, the key lithium-bearing mineral in pegmatites.
Varshney telling Proactive the company has an exploration permit to drill five holes on the project. It will now focus on a comprehensive range of fieldwork activities, including prospecting, mapping, soil and further visible outcrop sampling which will lead to the drill program.
He also mentioned other projects, including the upcoming drilling at Jackpot and positive prospects for lithium due to a potential supply shortage.
Proactive Investors Canada