Far Resources Ltd. is pleased to announce that it has secured a non-exclusive draw-down equity facility of up to CAD $12 million with Alumina Partners, LLC, a New York-based private equity firm. As well as strengthening the company's balance sheet, the facility will allow Far to pursue its highly successful exploration activities at Zoro and Hidden Lake and to take advantage of new opportunities in the technology metals [...]
Far Resources Ltd. is pleased to announce that is has completed 16 diamond drill holes at its 100% owned Zoro Lithium Project near Snow Lake in mining friendly Manitoba, resulting in both new discoveries and expansion of known mineralisation. This round of drilling, the company's fifth successful campaign at Zoro, has resulted in the expansion of Dyke 8, a high-grade spodumene-bearing pegmatite dyke discovered last year [...]
Far Resources Ltd. is pleased to provide the results of the Annual General Meeting of shareholders held on December 19, 2018 . Meeting At the Meeting, shareholders re-elected Toby Mayo, Lindsay Bottomer, Shastri Ramnath and Frank Anderson to the board. Shareholders also elected Murray Seitz and James Royall as directors, with the number of directors for the next year being set at six. The Board of Directors reappointed [...]
Far Resources Ltd. is excited to announce that is has commenced its fifth round of drilling--starting ahead of schedule--at its 100% owned Zoro Lithium Project in Manitoba, where it is completing a twenty-one hole programme focusing on both existing discoveries and new targets. Three holes will be drilled to complete metallurgical test studies. The first hole drilled during this campaign , which targeted the newly [...]
VANCOUVER, BC / ACCESSWIRE / October 23, 2018 / Far Resources Ltd. is pleased to announce that it has finalised plans for the upcoming drilling programme at its 100% owned Zoro Lithium Project, Manitoba, where over 50 lithium targets have now been identified. Fifteen of these new lithium anomalies will be tested this winter, as well as further drilling on the high-grade lithium mineralisation discovered at Dyke 8. Final [...]
Vancouver, BC - Far Resources Ltd. is excited to announce that it has identified multiple new exploration targets at its Zoro Lithium Project in Snow Lake, in the mining friendly Province of Manitoba . Final Mobile Metal Ion analytical reports have been received from SGS Mineral Services for 784 soil samples collected from the Project. The new 2018 data defines numerous extensions to anomalies identified in previous MMI [...]
Vancouver, BC - Far Resources Ltd. is pleased to announce the results of its spring 2018 drilling programme at its high-grade Hidden Lake Lithium Project, near Yellowknife, NT, including 1.6% Li2O over 9.2 metres. This inaugural drill program at its 1,849 hectare Hidden Lake Lithium Project targeted pegmatite with high-grade lithium assays of up to 1.75% Li2O in surface outcrop channel samples and assessed the widths and [...]
Vancouver, BC - Far Resources Ltd. is pleased to announce field work, including Mobile Metal Ions Technology soil geochemical surveys, geological mapping, drill core sampling and prospecting have been completed on the Zoro property. A total of 784 soil samples were collected based on sampling protocols established early in the exploration program. Mapping and prospecting in the areas of existing MMI anomalies did not [...]
Vancouver, British Columbia - Far Resources Ltd. is pleased to announce it has filed the first ever Technical Report in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects for Dyke 1 on its Zoro Lithium Project located in mining friendly Manitoba near the historic mine centre of Snow Lake. The Technical Report provides detailed information on Far’s maiden mineral resource as part [...]
Vancouver, BC - Far Resources Ltd. is pleased to announce that it is back on the ground conducting an extensive, property-wide exploration program on its Zoro Lithium Project , located near the historic mining community of Snow Lake in mining friendly Manitoba. The 2018 Summer program consists of detailed geological mapping and drill core sampling, soil geochemical surveys and metallurgical drill core sampling. Toby Mayo [...]
Vancouver, BC - Far Resources Ltd. is pleased to announce the discovery of a large 1.5 km long and up to 100 m wide Mobile Metal Ions soil geochemical anomaly for lithium. The lithium and related element anomaly was defined by ongoing data interpretation for soil samples collected by the Company’s field crews during surveys conducted in the fall and winter of 2017. The Company views this anomaly as very significant based [...]
Vancouver, British Columbia - Far Resources Ltd. is pleased to announce it has received the first ever resource estimate for Dyke 1 on its Zoro Lithium Property located in mining friendly Manitoba. Dyke 1 contains an inferred resource of 1,074,567 tonnes grading 0.91% Li2O, 182 ppm Be, 198 ppm Cs, 51 ppm Ga, 1212 ppm Rb, and 43 ppm Ta . Dyke 1 is open at depth and to the north and south where additional exploration is [...]