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Press Release · December 16, 2024 · Vancouver, BC

Usha Resources receives Intervention Permit for Southern Arm drill program

Usha Resources Ltd. (TSXV: USHA / OTCQB: USHAF / FSE: JO0) is pleased to announce that it has received the Intervention Permit required for the maiden 3,000-metre drill program at the Southern Arm copper-gold-zinc-silver VMS property in Quebec.

The Intervention Permit grants Usha the regulatory authorization to conduct the planned drill program at Southern Arm. The permit covers up to 3,000 metres of drilling across the priority targets along the property's ~7.3 km regional electromagnetic trend.

Property and target overview

Southern Arm comprises 76 mineral claims covering ~4,200 hectares in the metal-rich northwest Abitibi subprovince. Priority targets include the Hollywood zone, where ~1.8 km of open-strike EM anomaly has been identified along the Bapst regional fault.

Next steps

  • Operational planning for the 3,000 m permitted maiden drill program.
  • Continued integration of geological, geophysical, and historical datasets to refine target locations.
Qualified Person The technical content of this release has been reviewed and approved by James Macdonald, P.Geo., a qualified person under National Instrument 43-101.
Forward-Looking Information This release contains forward-looking information including statements regarding planned drilling. Forward-looking information speaks only as of the date hereof and the Company disclaims any obligation to update it except as required by law.