Usha Resources CEO Deepak Varshney joined Steve Darling from Proactive to share news the company has begun drilling at its Jackpot Lake lithium project in Nevada. The company is looking to go much deeper with this drilling hitting the 2000-foot mark in previously drilled wells.
Varshney highlighted the efficiency of the project, stating that a resource estimate can be obtained with as few as two holes. The company aims to compile the existing core data and complete an NI 43-101 resource estimate by the fourth quarter of the year. The estimate will provide a comprehensive understanding of the lithium resource potential at the Jackpot Lake project.
Proactive Investors Canada
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Usha Resources Ltd