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Usha Resources Ltd.
Summary
| Project: | Nicobat | |
|---|---|---|
| Deposit: | Nicobat | |
| Location: | Canada | |
| Commodities: | Nickel-Copper-PGM | |
| Date: | 10/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-10-2019: Usha Resources Ltd. announces a Supporting Acquisition report for its Nicobat deposit at the Nicobat project. Summary of property. The following Technical Report (“the Report”) presents the exploration potential of the NICOBAT Proj | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Pitman, Luc Harnois (PWP Consulting,Ronacher McKenzie Geoscience Inc.) | |
| ABSTRACT: | The following Technical Report (“the Report”) presents the exploration potential of the NICOBAT Project (“NICOBAT”) situated in northwestern Ontario, Canada. The closest settlement with road access is the small village of Emo located 6km to the east along highway 11. Road access is excellent. This Report was prepared at the request of Usha Resources Ltd. (“Usha Res. or “the Company”), a junior resource company incorporated in British Columbia, with its offices located at Vancouver, B.C. This report is current as of July 19th, 2019. Usha Res. is listed on the TSX Venture Exchange as a Capital Pool Company. The purpose of the report is to provide an independent, updated, NI 43‐101 compliant report by presenting all known facts related to the NICOBAT project and to present recommendations to the Board of Usha Res. on whether further exploration is warranted. Usha Res. has accepted that the qualifications, expertise, experience, competence and professional reputation of the principal Q.P. of this report is appropriate and relevant for the preparation of this Report. Paul Pitman of PWP Consulting had been involved in exploration in the Emo area over a period of several years, and in fact, was present at the discovery of Nuinsco Resources high‐grade nickel #34 Zone located to the north of the patents. Mr. Pitman’s experience for nickel also includes that of discovery of the Lac Rocher (Quebec) nickel‐ copper deposit on behalf of Nuinsco Resources. | |
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