Usha Resources Ltd (TSX-V:USHA) CEO Deepak Varshney joined Steve Darling from Proactive to share the news that the second drill hole at the Jackpot Lake lithium project has hit the 231-metre level and has encountered similar stratigraphy to the core observed from the first hole where multiple zones of evaporite crystals are present as interbeds, veining, and inclusions within lacustrine sediments comprising clays, silts, and sands.
Varshney also told Proactive the company has staked another 5,914 acres, trebling the company’s footprint to 8,700 acres at Jackpot Lake.