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Far Resources Ltd.
Summary
| Project: | Zoro | |
|---|---|---|
| Deposit: | Dyke 1 | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 5/30/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-5-2017: Far Resources Ltd. announces an Exploration/Drilling Update report for its Dyke 1 deposit at the Zoro project. Drilling results incl. 38.3m @ 1.2% Li2O from 164.0m. May 30, 2017 – Vancouver, BC: Far Resources Ltd (CSE:FAT) (FSE:F0R) www.farreso | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mark Fedikow (Not stated) | |
| ABSTRACT: | May 30, 2017 – Vancouver, BC: Far Resources Ltd (CSE:FAT) (FSE:F0R) www.farresources.com (“Far Resources” or the “Company”) is pleased to announce the results of the Phase 2 drill program that confirmed extensive lithium mineralization in the Dyke 1 pegmatite on the Zoro Lithium Property in Manitoba. Pegmatite intersections reflect the historical results as well as those predicted by the three-dimensional model. The Phase 2 drilling program has given further confidence as to the dimensions and geometry of Dyke 1 and the three-dimensional geological model is being updated to include the new drillholes. Keith Anderson, President and CEO, commented, “We are extremely pleased that the results of the Phase 2 drill program established continuity of mineralization in the Dyke 1 Pegmatite at depth. The most significant drillhole intersected 1.2% Li2O over 38.3m (FAR17-010) confirming that Dyke 1 thickens at depth and continues to host high grade lithium. Further exploration will be focused on expanding the mineralization both along strike and at depth of this impressive intersection.” The objective of the Phase 2 drill program, which was completed on April 15th, 2017, was to test the Dyke 1 pegmatite within 150m from surface and along strike. The program was designed to step out from the results of the Phase 1 drill program which tested significant historic 1956 drilling and related assays. The program consisted of 7 drillholes totaling 1,088 metres. | |
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