Usha Resources Completes Extended Induced Polarization Survey at the Southern Arm Property
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Usha Resources Completes Extended Induced Polarization Survey at the Southern Arm
Property
Vancouver, British Columbia / March 27, 2026 – Usha Resources Ltd. (“Usha”, “USHA” or
the “Company”) (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition
and exploration company, is pleased to announce the completion of a significant extension to its 2024
ground IP survey (See News Release, December 24, 2024) aiming to evaluate the potential of the three
geophysical high potential z
ones, identified by the initial IP survey, and also enhancing target definition and focusing exploration efforts
on identifying potential sulphide-associated mineralization at its Southern Arm polymetallic VMS property
(“Southern Arm” or the “Property”) in the metal-rich northwest Abitibi sub province of mining -friendly
Quebec province.
Fig-1: Conducted IP Surveys in 2024 and 2025 along with Identified Polarized Anomalies in Southern Arm
Property
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IP Survey Parameters and Location
This 2025 IP survey represents a southeastern extension of the successful 2024 program, designed to cover
the full extent of the central NW -SE potential strike including Bapst fault, zinc zone, and southeast target
areas to refine drill targets (Fig. 1).
The extended Induced Polarization (IP) survey was successfully completed, encompassing 40.33 line-
kilometers at a 200 -meter line spacing across the three primary target areas. These data were integrated
with the 2024 survey results to provide comprehensive geophysical coverage totaling 9.7 square kilometers.
The survey grid is established using two main baselines (BL 0 and 375N) intersected by three tie lines
oriented at N128/N308. This framework supports 20 exploration profiles oriented at N38/N218, spaced
at 200 metre intervals, with lengths ranging from 1.5 to 2.74 km, providing consistent coverage across the
surveyed area.
The IP database was georeferenced to the UTM17N NAD83-CSRS coordinate system using positional data
collected with Garmin 60/76CSx handheld receivers.
IP survey Results
The complete merged dataset outlined nine polarizable trends (Table 1).
Table 1: Description of the IP Anomalies in Southern Arm Property
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All identified targets were ranked and prioritized for further investigation to determine diamond
drilling potential with six key targets designed as high-priority (1st to 3rd) for immediate follow-up
work.
Primary targets for advanced exploration (IPSA -2, IPSA -8) are high -priority, structurally
controlled anomalies, directly associated with the Bapst fault. Secondary targets (IPSA-1, 4, 5, 6)
are located in the zinc zone and southeastern area, representing s ubordinate, lower -contrast
induced polarization (IP) anomalies requiring follow-up. (Fig. 2).
Fig-2: IP Axes overlaid onto the Ground Model of Apparent Resistivity at 75 m of Vertical Depth at Southern Arm
Property
High-priority IPSA-2 and IPSA-8 targets at Bapst West and Bapst East are structurally controlled
by the Bapst fault deformation zone, a 7.3 -kilometre prospective strike length, in which this
regional structure as indicated by the deformation zone, suggests a significant opportunity and high
potential for concentrated mineralization. The Bapst fault acts as a significant regional structure,
hosting multiple peripheral mineralized zones with high -grade, promising potential outside the
current property boundaries, highlighted by historical assay results including 5.6 g/t Ag over 1.4
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metres and 1.9 g/t Au over 2.5 metres. The linear conductive targets adjacent to the Bapst fault are
interpreted as exhalative horizons containing significant sulphide -graphite mineralization, which
host mentioned historical Au and Ag concentrations along the northwest and southeast trends
beyond but close to the property boundaries(Fig. 3).
The second and third ranked priority target zones IPSA -1, IPSA-4, IPSA-5 and IPSA-6, located
in Zinc zone and southeast target area along the poorly contrasted polarizable anomalies locally
correlated with a local resistivity fluctuations (slight increase/decrease) suggesting locally
disseminated sulfide mineralization hypothetically remobilized from the Bapst fault along the
inferred secondary southern structural setting formed by the major Bapst deformation zone. The
historical drilling along the souther n inferred structural corridor encountered encouraging zinc
anomalism, with selective intercepts yielding up to 0.4% Zn over 1.5-meter intervals, highlighting
the potential for focused base-metal mineralization along this structurally controlled horizon. (Fig.
3).
Fig-3: IP Survey Polarized Anomaly Targets Ranked in 5 Priorities in Southern Arm Property
The IPSA-3, IPSA-7 and IPSA-9 targets correlated with poorly contrasted geophysical anomalies
and strong resistivity evidence have been ranked as forth and fifth priority targets. While the IPRS-
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3 and IPRS-7 targets may represent hypothetical derivative branches of the Bapst fault, historical
drilling at the vicinity of IPSA -9 target in Southeast, returned low -grade results (up to 0.05% Zn
over 1.2m), suggesting limited economic significance in that area. (Fig. 3).
About the property
The Southern Arm property consists of 76 contiguous mining claims covering 4218 hectares,
located in the prolific Abitibi greenstone belt. This property contains many geologic features
consistent with VMS mineralizing systems. It hosts an approximately 7.3 -kilometre conductive
copper-gold trend along the regional -scale Bapst fault. The bedrock geology of the Property is
dominated by the volcanic rocks of the Brouillan -Fenelon group, which hosts the nearby Selbaie
mine (~17 km SW), which produced 56.5 millio n tonnes (Mt) at 0.9% copper (Cu), 1.9% zinc
(Zn), 0.6 g/t gold (Au), 38 g/t silver (Ag)1 and Abitibi’s B26 deposit (~16 km SW) which hosts an
indicated resource of Indicated 13.0 Mt at 2.1% CuEq and 12.3 Mt Inferred at 2.2% CuEq2.
Readers are cautioned that the geology of nearby properties is not necessarily indicative of the
geology of the Property.
Fig-4: Regional Geology and Significant Mines and Deposits Neighboring Southern Arm Property
In the northwest Abitibi subprovince, mineral occurrences are associated with felsic volcanic rocks
and regional scale synvolcanic faults (Fig. 4). The synvolcanic Bapst Fault (Faure, 2011) transects
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the Southern Arm property, and within this area, the sparse historic drill logs record felsic volcanic
stratigraphy, alteration assemblages and widespread metal anomalies that are prospective for
polymetallic VMS formation, within a similar geologic setting as the neighbouring historic Selbaie
mine (Fig. 4).
Qualified person
Babak V . Azar, P.Geo., géo (EGBC#62313, OGQ#10876), an independent Qualified Person as
defined by the National Instrument 43 -101, has reviewed and approved the technical contents of
this news release.
About Usha Resources Ltd.
Usha Resources Ltd. is a North American mineral acquisition and exploration company focused
on the development of quality critical metal properties that are drill -ready with high -upside and
expansion potential. Based in Vancouver, BC, Usha’s portfolio of s trategic properties provides
target-rich diversification and includes Southern Arm, a copper -gold VMS project in Quebec,
Jackpot Lake, a lithium brine project in Nevada and White Willow, a lithium pegmatite project in
Ontario that is the flagship among its growing portfolio of hard -rock lithium assets. Usha trades
on the TSX Venture Exchange under the symbol USHA, the OTCQB Exchange under the symbol
USHAF and the Frankfurt Stock Exchange under the symbol JO0.
USHA RESOURCES LTD.
Deepak Varshney, CEO and Director
For more information, please call 778 -899-1780, email [email protected] or visit
www.usharesources.com.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts
responsibility for the adequacy or accuracy of this release.
References:
1. Mario Mansson, February 17, 2016, News Release, Midland Exploration Inc.
2. Yann Camus P.Eng. of SGS Canada Inc., February 05, 2026, News Release, Abitibi Metals Corp.
Forward-looking statements:
This news release may include “forward -looking information” under applicable Canadian
securities legislation. Such forward-looking information reflects management’ s current beliefs and
are based on a number of estimates and/or assumptions made by and infor mation currently
available to the Company that, while considered reasonable, are subject to known and unknown
risks, uncertainties, and other factors that may cause the actual results and future events to differ
materially from those expressed or implied b y such forward -looking information. Readers are
cautioned that such forward -looking information are neither promises nor guarantees and are
subject to known and unknown risks and uncertainties including, but not limited to, general
business, economic, competitive, political and social uncertainties, uncertain and volatile equity
and capital markets, lack of available capital, actual results of exploration activities,
environmental risks, future prices of base and other metals, operating risks, accidents, la bour
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issues, delays in obtaining governmental approvals and permits, and other risks in the mining
industry.
The Company is presently an exploration stage company. Exploration is highly speculative in
nature, involves many risks, requires substantial expenditures, and may not result in the discovery
of mineral deposits that can be mined profitably. Furthermore, t he Company currently has no
reserves on any of its properties. As a result, there can be no assurance that such forward-looking
statements will prove to be accurate, and actual results and future events could differ materially
from those anticipated in such statements.