Mr. Deepak Varshney reports

USHA RESOURCES COMPLETES EXTENDED INDUCED POLARIZATION SURVEY AT THE SOUTHERN ARM PROPERTY

Usha Resources Ltd. has completed a significant extension to its 2024 ground induced polarization survey (see news release dated Dec. 24, 2024) aiming to evaluate the potential of the three geophysical high-potential zones, 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 volcanogenic massive sulphide property in the metal-rich northwestern Abitibi subprovince of mining-friendly Quebec province.

IP survey and location

This 2025 IP survey represents a southeastern extension of the successful 2024 program, designed to cover the full extent of the central northwest-southeast potential strike including Bapst fault, zinc zone and southeast target areas to refine drill targets.

The extended induced polarization survey was completed, encompassing 40.33 line kilometres at a 200-metre line spacing across the three primary target areas. These data were integrated with the 2024 survey results to provide comprehensive geophysical coverage totalling 9.7 square kilometres.

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 kilometres, providing consistent coverage across the surveyed area.

The IP database was georeferenced to the UTM17N NAD83-CSRS co-ordinate system using positional data collected with Garmin 60/76CSx hand-held receivers.

IP survey results

The complete merged data set outlined nine polarizable trends.

All identified targets were ranked and prioritized for further investigation to determine diamond drilling potential with six key targets designed as high-priority (first to third) for immediate follow-up work.

Primary targets for advanced exploration (IPSA-2 and IPSA-8) are high-priority, structurally controlled anomalies, directly associated with the Bapst fault. Secondary targets (IPSA-1, 4, 5 and 6) are located in the zinc zone and southeastern area, representing subordinate, lower-contrast induced polarization anomalies requiring follow-up.

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 of the current property boundaries, highlighted by historical assay results including 5.6 grams per tonne silver over 1.4 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 gold and silver concentrations along the northwestern and southeastern trends beyond but close to the property boundaries.

The second and third ranked priority target zones IPSA-1, IPSA-4, IPSA-5 and IPSA-6, located in the 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 sulphide 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 southern inferred structural corridor encountered encouraging zinc anomalism, with selective intercepts yielding up to 0.4 per cent zinc over 1.5-metre intervals, highlighting the potential for focused base-metal mineralization along this structurally controlled horizon.

The IPSA-3, IPSA-7 and IPSA-9 targets correlated with poorly contrasted geophysical anomalies and strong resistivity evidence have been ranked as fourth and fifth priority targets. While the IPRS-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 per cent Zn over 1.2 m), suggesting limited economic significance in that area.

About the property

The Southern Arm property consists of 76 contiguous mining claims covering 4,218 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 (approximately 17 kilometres southwest), which produced 56.5 million tonnes at 0.9 per cent copper, 1.9 per cent zinc, 0.6 g/t gold and 38 g/t silver, and Abitibi's B26 deposit (approximately 16 km southwest), which hosts an indicated resource of indicated 13.0 Mt at 2.1 per cent copper equivalent and 12.3 Mt inferred at 2.2 per cent CuEq.

Readers are cautioned that the geology of nearby properties is not necessarily indicative of the geology of the property.

In the northwestern Abitibi subprovince, mineral occurrences are associated with felsic volcanic rocks and regional-scale synvolcanic faults. The synvolcanic Bapst fault (Faure, 2011) transects 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.

Qualified person

Babak V. Azar, PGeo, geo (EGBC No. 62313 and OGQ No. 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 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, B.C., Usha has a portfolio of strategic properties that 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 hardrock lithium assets. Usha trades on the TSX Venture Exchange under the symbol USHA, on the OTCQB exchange under the symbol USHAF and on the Frankfurt Stock Exchange under the symbol JO0.

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