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Press Release · March 27, 2026 · Vancouver, BC

Usha Resources completes extended IP survey at Southern Arm property

Usha Resources Ltd. (TSXV: USHA / OTCQB: USHAF / FSE: JO0) is pleased to announce the completion of an extended Induced Polarization (IP) survey across priority targets at the Southern Arm copper-gold-zinc-silver VMS property in Quebec's Abitibi Greenstone Belt. The survey was designed to refine drill target locations along the property's ~7.3 km regional electromagnetic trend in advance of the maiden drill program.

The IP survey covered priority targets along the Bapst regional fault corridor, including the Hollywood target zone, where ~1.8 km of open-strike EM anomaly has been previously identified. The survey data will be integrated with historical EM and geological datasets to finalize drill collar locations.

Property and option overview

Southern Arm comprises 76 mineral claims covering ~4,200 hectares in the metal-rich northwest Abitibi subprovince of Quebec. Usha is the operator under option from Abitibi Metals Corp. (CSE: AMQ); title remains with Abitibi Metals during the earn-in period. The 3,000 m maiden drill program received its Intervention Permit in December 2024.

Next steps

  • Integration of IP survey results with historical datasets to finalize drill targets.
  • Operational planning for the 3,000 m permitted maiden drill program.
  • Continued advancement of additional priority targets along the regional EM corridor.
Qualified Person The technical content of this release has been reviewed and approved by James Macdonald, P.Geo., a qualified person under National Instrument 43-101.
Cautionary Note on Forward-Looking Information This release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, including statements regarding planned drilling, target locations, and corporate plans. Forward-looking information is subject to known and unknown risks, uncertainties, and other factors, including exploration risks, regulatory and permitting risks, and the availability of financing. Forward-looking information speaks only as of the date hereof and the Company disclaims any obligation to update it except as required by law.