Far Resources Announces Highest-Grade Intercept from Drill Results from 2018 Winter Program at Zoro Lithium Project in Manitoba - Video Available on Investmentpitch.com

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2018) - Far Resources (CSE: FAT) (FSE: F0R) (OTC Pink: FRRSF) announced results from its 2018 winter drill program at its Zoro Lithium Project, which is located near the historic mining community of Snow Lake in mining friendly Manitoba.

InvestmentPitch.com has produced a "video" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Far Resources" in the search box.



Cannot view this video? Visit:
http://www.investmentpitch.com/video/0_gq2tyrhv/Far-Resources-CSEFAT-announced-results-from-its-2018-winter-drill-program-at-its-Zoro-Lithium-Project

The 16-drill hole program totaling 2,472 metres, targeted the spodumene-bearing pegmatites on the property, reported the highest grade intercept to date. The 2018 winter drill program tested Dyke 1 below 150 metres to access the continuity of lithium mineralization.

Drill hole FAR 18-23 intersected 5 metres of 1.6% Li2O, confirming the continuation of high-grade mineralization at deeper levels in the dyke. The high-grade nature of Dyke 1 was further confirmed in hole FAR18-20 which intersected nearly 16 metres of 1.8% Li2O, representing the highest-grade intercept over significant widths drilled to date on Dyke 1.

Assay results from drill hole FAR18-35, which tested a new discovery at Dyke 8, of a previously unknown high-grade lithium-bearing dyke, targeted a lithium-tantalum Mobile Metal Ions soil geo-chemical anomaly, included three separate intercepts of high-grade lithium including 12.3 metres of 1.1% Li2O, 4.4 metres of 1.2 % Li2O and 2.2 metres of 1.5% Li2O. These results are interpreted to be comparable to those for Dyke 1 and signify the potential for a second major lithium resource on the property. Additional drilling of Dyke 8 is being planned to expand this new discovery in three dimensions.

Far is updating its internal NI 43-101 Technical Report to include results from its 2018 winter drill program, which will include its first non-historic lithium resource.

The company has recently acquired an option on the Hidden Lake Property in NWT where seven samples were collected from surface trenches contained between 1.37 % and 3.01 % Li2O. The company is currently assessing its exploration strategy for this new acquisition.

Toby Mayo, Interim CEO, stated: "We are clearly very excited by these results, which show not on-ly the consistency of high-grade mineralisation at depth at Dyke 1, but also the potential for adding significantly to the Company's future resource base through our ongoing, multi-faceted exploration approach. Furthermore, the recently completed aeromagnetics survey, combined with a planned expansion to the highly successful MMI (Mobile Metal Ions) programme, give us great confidence in adding more high-grade lithium at Zoro. Meanwhile, we are eager to commence drilling at Hid-den Lake in NWT, where we expect to achieve similar results in the next month."

In the United States, the company owns the Winston project in New Mexico, another historic mining property with potential for silver and gold.

For more information, please visit www.farresources.com, call 833-327-7377 ext 700 or email [email protected].

About InvestmentPitch Media

Investmentpitch Media leverages the power of video, which together with its extensive distribution, positions a company's story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT:

InvestmentPitch Media
Barry Morgan, CFO
[email protected]

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).