Usha Resources Ltd. announced that it has confirmed the presence of a fertile lithium-cesium-tantalum ("LCT") system at its Gathering Lake Lithium Pegmatite Project (the "Project") located within the Thunder Bay Mining District, Ontario. Highlights: The Company has mobilized its technical team onsite for a two (2) week visit. The Project is recognized as being highly prospective for the discovery of new LCT-pegmatites as it has never been subject to systematic exploration and drilling using modern exploration techniques.

The Company has identified beryl and tantalum within pegmatites within the limited exploration completed to-date during this visit, confirming the presence of an evolved lithium-cesium-Tantalum ("LCT) system. The identification of beryl and tantalum is a key finding that confirms that the Gathering Lake Project has a highly evolved LCT-system. As tantalum in particular is present in more evolved phases within an LCT-system, this indicates that the system could contain spodumene, the key lithium-bearing mineral in pegmatites.

This is the third project the Company has optioned where it has confirmed a potential spodumene-bearing system. An evolved LCT-system was confirmed to be present recently through the identification of beryl-pegmatites on its initial site visit at the Company's Mead Project, and the White Willow Project is documented to have a high-grade coarse-grained tantalite showing with 14.64% Ta2O5, mineralization which is only known to be found at one other locality in Ontario which is the North Aubrey pegmatite at Green Technology Metals (GT1) Seymour Lake Project where GT1 has identified a 9.9 Mt resource at 1.04% Li2O. The project was recently optioned for $12,000 and 50,000 shares and the Company has the right to earn 100% through a total payment of $69,500 and 412,500 shares over 3 years.