| Metals & Mining Industry | Materials Sector | Deepak Varshney CEO | XFRA Exchange | CA91735H1038 ISIN |
| CA Country | 2 Employees | - Last Dividend | - Last Split | - IPO Date |
Usha Resources Ltd. is a mineral acquisition and exploration company, primarily focused on the exploration and development of gold, nickel, copper, and cobalt deposits. Incorporated in 2018, the company is based in Vancouver, Canada, highlighting its strategic position in one of the world's most prolific regions for mining and exploration activities. Usha Resources Ltd. distinguishes itself in the mineral exploration sector through its strategic property holdings in North America, including the notable Jackpot Lake property in Nevada, the Nicobat property in Ontario, Canada, and the Lost Basin project in Arizona, USA. These strategic property holdings demonstrate Usha Resources Ltd.'s commitment to exploring and developing valuable mineral resources with the potential to generate significant economic and shareholder value.
Usha Resources Ltd. focuses on the exploration and potential development of these valuable minerals. By concentrating on commodities with broad industrial and financial applications, the company positions itself to meet the global demand for essential and strategic resources. These exploration activities form the core of the company's product and service offerings, contributing to the understanding and potential exploitation of mineral deposits.
Holding a 100% interest in the Jackpot Lake property, Usha Resources Ltd. explores this significant land area of approximately 2800 acres located in Nevada. This property is primarily investigated for its potential gold and other mineral deposits, embodying the company's commitment to using its strategic land holdings to uncover valuable resources.
With an 85% interest, the Nicobat property in Ontario, Canada, represents another key asset in Usha Resources Ltd.'s portfolio. This property is strategically focussed on exploring for nickel and other minerals, vital for various technological and industrial applications. This demonstrates the company's strategic approach to acquiring and exploring properties with significant potential.
Usha Resources Ltd. has an option to acquire a 100% interest in the Lost Basin project, which consists of 133 mineral claims located in Arizona, the United States. This project offers the company a potential strategic foothold in the exploration of gold and other minerals in a historically rich mining region, further exemplifying Usha Resources Ltd.'s proactive and strategic expansion in mineral exploration.