Maiden Re(US:MHLD) Prnewswire·2024-11-20 13:00Core Viewpoint - Usha Resources Ltd. has finalized plans for an Induced Polarization (IP) survey at its Southern Arm polymetallic VMS property in Quebec, aiming to identify chargeability and resistivity anomalies associated with sulphides, which will inform a planned drill program [1][3][5]. Company Overview - Usha Resources Ltd. is a North American mineral acquisition and exploration company focused on developing critical metal properties, including the Southern Arm copper-gold VMS project in Quebec, a lithium brine project in Nevada, and a lithium pegmatite project in Ontario [7]. Survey Details - The IP survey will be conducted by Geophysique TMC over the Hollywood trend of metal anomalies within the Southern Arm claim block, targeting depths of over 350 meters [3][5]. - Field crews are set to begin the survey in mid-November, with results to be interpreted alongside a biogeochemical survey announced earlier [3][5]. Geological Context - The Southern Arm property is located in a mineral-rich region known for its precious and base metals, with notable nearby projects including the B26 deposit and the historic Selbaie mine [3][4]. - The property features a 7.3-kilometer conductive copper-gold trend along the Bapst fault, with geological formations similar to those of the Selbaie mine [4]. Future Plans - The results from the IP survey will be used to establish high-priority targets for a planned 3,000-meter maiden drill program scheduled to commence in winter 2024-2025 [3][5].