Far Resources Ltd. and partners BattMat USA Corp. and Electric Blue Power would like to provide an update on testing operations of its Vehicle Automated Battery/Block Controller and Monitoring System and on the effects of the Covid-19 pandemic on the company’s current activities. Our Response to the Covid-19 Pandemic At Far, our focus is, first and foremost, on our employees’ safety, and on keeping our [...]
Far Resources Ltd. is pleased to announce that it has signed a Letter of Intent to acquire up to 100% of the Reel Cesium-Lithium-Tantalum Project in mining friendly Manitoba, Canada. Samples from the Reel Project have returned grades of up to 1.75% cesium oxide , while also having significant lithium and tantalum potential. Toby Mayo, President of Far, explains: “The expansion of our strategic metals portfolio [...]
Far Resources Ltd. is happy to announce the granting of stock options for key, non-management personnel including Lee Wheelbarger and Roger Wagner of Electric Blue Power, LLC , who have both become leading contributors in the company’s pursuit of battery-related technology development, and invaluable members of Far’s advisory team. Toby Mayo, President of Far, stated: “The last few weeks have been very [...]
Far Resources Ltd. is extremely encouraged by the recent adoption of the Joint Action Plan on Critical Minerals Collaboration entered into by Canada and the USA, and the potential for opportunities that may be opened up to the company as the process develops. The Action Plan will provide stability for specific strategic metals in North America, and recognizes the acknowledgement by both nations of the need to develop [...]
Far Resources Ltd. is pleased to provide an update on its current activities and initiatives. Chiefly, along with the continued development of its Canadian lithium assets, Far plans to advance the first of its battery technologies towards rapid commercialization. Marketing Far’s corporate website and marketing materials have been brought up to date to better reflect the direction and strategy of the company. As Far [...]
Far Resources Ltd. is pleased to announce that it has completed final payment obligations under its agreement to secure 100% interest in its Green Bay Option, part of the 3,603 hectare high-grade Zoro Lithium Project located near the historic mining town of Snow Lake in mining-friendly Manitoba, Canada. Toby Mayo, President and CEO of Far, commented: “The company has now completed five successful drilling campaigns [...]
Far Resources Ltd. is pleased to announce that it has expanded its relationship with BattMat Technologies Inc., allowing the company to partner with BattMat in the development of various patentable battery related technologies. A binding Letter of Intent has been signed between Far and BattMat to form a Joint Venture . The initial payment has been made by Far to trigger the contract including funding certain activities [...]