10:37 AM EST - Usha Resources Ltd : Announces it has begun preparations to complete a biogeochemical survey at its Southern Arm property. The Company has entered into an option agreement to earn 100% of Southern Arm over 2 years from Abitibi Metals Corp. Located in the prolific Abitibi Greenstone Belt, the Property is prospective for polymetallic VMS-style mineralization and has multiple drill targets already identified including "Hollywood" where anomalous metals values have been identified over a ~1.8 km footprint that is open along strike. Usha Resources Ltd
shares V.USHA are trading down one cent at $0.09.
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