Far Resources is pleased to announce it will be mobilizing a drill to its high-grade Hidden Lake Lithium Project, NWT, on May 20, targeting high-grade lithium-bearing pegmatites with an initial minimum 1,100 m diamond drilling campaign. Far has signed the drill contract with Northtech Drilling for the program which will be helicopter supported by Great Slave Helicopters and managed in the field by Henry Lole. John Gorham [...]
Far Resources is pleased to announce results from its 2018 winter drill program at its Zoro Lithium Project near the historic mining community of Snow Lake in mining friendly Manitoba, including drilling the highest grade intercept to date, 16 metres of 1.8% Li2O in deep drilling on Dyke 1. The program consisted of 16 drill holes and 2,472 metres targeting the spodumene-bearing pegmatites on the property . A summary of [...]
Far Resources is pleased to announce that it will be mobilizing a drill rig to its Hidden Lake Lithium Project in the second week of May. Extensive channel sampling at Hidden Lake conducted by 92 Resources, has returned grades as high as 3.3% Li2O at surface. The Company will now complete a program of drilling at least 1,100 metres, with the goal of defining continuity of mineralization at depth. Toby Mayo, Interim CEO [...]
Far Resources is pleased to provide an update on the Company’s ongoing activities at its Zoro and Hidden Lake lithium projects in Manitoba and NWT, as well as its objectives for the remainder of 2018. Zoro Lithium Project During February 2018, the Company completed its planned 2,472-metre, 19 hole diamond drill campaign focusing on its Zoro Lithium Project in Snow Lake, Manitoba . The Company successfully completed the [...]
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 [...]
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