Vancouver, BC - Far Resources Ltd. is pleased is pleased to announce the discovery of a previously unknown spodumene-bearing pegmatite dyke at its Zoro Lithium Project, located near the historic mining community of Snow Lake, Manitoba. The discovery was made during the 2,472-metre, 19-hole drill program, as described in previous news releases on January 19 and February 13, 2018, which is now complete. The discovery of [...]
Vancouver, BC - Far Resources Ltd. is sad to announce the passing of founding CEO Keith Anderson. Toby Mayo, Interim CEO, stated, “It is difficult for the entire team here at Far as we move forward without Keith. He had clear ideas and plans for the future of the Company and our projects, and we are pleased to honour his legacy.” Keith founded Far Resources with his brother, Frank Anderson, a member of the Board of [...]
Vancouver, British Columbia - Further to its news release of January 23, 2018, Far Resources Ltd. announces that it has signed a definitive option agreement with 92 Resources Corp., TSX.V: NTY to acquire up to a 90% undivided interest in the Hidden Lake Lithium Property, Northwest Territories . The Hidden Lake Project consists of five contiguous mineral claims totalling approximately 1,659 hectares within the central [...]
Vancouver, British Columbia - Far Resources Ltd. announces that due to ill health, Mr. Keith Anderson has submitted his resignation as a Director, President and CEO of the Company effective immediately. Mr. Toby Mayo, a Director of the Company, has accepted the position of Interim CEO. Lindsay Bottomer, Lead Director of the Board, commented, “We were all very saddened to learn of Keith’s ill health. He has worked [...]
Vancouver, BC - Far Resources Ltd. is pleased to announce that further to its news release of February 16, 2018, the Company has completed a private placement financing . The Company increased the size of its private placement offering to 350,000 units to raise a total of $196,000 due to investor interest. Each Unit is comprised of one common share and one half of one common share purchase warrant at a price of $0.56 [...]
Far Resources wishes to advise that the private placement announced on December 7, 2017 was not completed. The Company has granted 250,000 options to certain consultants and insiders as of February 16, 2018. The Options have an exercise price of $0.56 per option share, each option share is exercisable into one common share in the equity of the Company for a period of five years from date of grant.
Vancouver, British Columbia - Far Resources Ltd. is pleased to report that initial drilling has intersected wide zones of spodumene in Dyke 1 on their Zoro Lithium Property near Snow Lake Manitoba. The Company expects to drill a minimum of 2000 metres to test for the extension of high grade lithium below 200 metres in previously untested areas of Dyke 1. As drilling proceeds in Dyke 1, helicopter and drill pads are being [...]
Far Resources announces that Mr. Toby Mayo, a Director of the Company, has accepted the position of Vice President, Corporate Development, in addition to his role as Director. Keith Anderson, President and CEO of Far Resources, commented, “We are very pleased that Toby is taking on an expanded role within the organization. With the addition of Hidden Lake, the ongoing work at Zoro and the spin out on the horizon, we [...]
Far Resources would like to take this opportunity to update its shareholders on its recent visit to the Northwest Territories to meet with the Yellowknives Dene First Nation Chiefs and on the plan of arrangement. As announced on January 23, 2018, the Company has entered into binding letter agreement with 92 Resources Corp., to acquire up to a 90% undivided interest in the Hidden Lake Lithium Property, Northwest [...]
Vancouver, British Columbia - Far Resources Ltd. is pleased to announce that it has entered into a binding letter agreement with 92 Resources Corp., TSX.V: NTY to acquire up to a 90% undivided interest in the Hidden Lake Lithium Property, Northwest Territories . The Hidden Lake Project consists of five contiguous mineral claims totalling approximately 1,659 hectares within the central parts of the Yellowknife Lithium [...]
Vancouver, British Columbia - Far Resources Ltd. is pleased to announce the start of a new phase of diamond core drilling at its Zoro Lithium Property, located near Snow Lake in mining-friendly Manitoba. The Company has received a drill and work permit from the Office of Manitoba Sustainable Development and has mobilized a drill to the Zoro Lithium Property where drilling activity is imminent. The start of drilling is [...]
Vancouver, BC - Far Resources Ltd. announces that following the resignation of Mr. Jeremy Ross from its Board of Directors, it has appointed Mr. Toby Mayo to fill the vacancy. Mr. Mayo brings over twenty years of comprehensive and varied global resource industry experience to the Far Resources board. He holds a B.Sc. degree in Geology from the University of Edinburgh and an LL.B. in Law from the University of London. Mr [...]
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