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Far Resources Ltd.
Summary
| Project: | Zoro | |
|---|---|---|
| Deposit: | Dyke 1 | |
| Location: | Canada | |
| Commodities: | Lithium-Tantalum-Niobium | |
| Date: | 5/7/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-5-2018: Far Resources Ltd. announces an Exploration/Drilling Update report for its Dyke 1 deposit at the Zoro project. Drilling results incl. 15.7m @ 1.8% Li2O, 36ppm Ta, 128 ppm Cs, 132ppm Nb from 107.5m. May 7, 2018 – Far Resources Ltd (CSE:FAT) (FSE: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mark Fedikow (Not stated) | |
| ABSTRACT: | May 7, 2018 – Far Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF) (www.farresources.com) (“Far” or the “Company”) is pleased to announce results from its 2018 winter drill program at its Zoro Lithium Project (“Zoro”) 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 (see January 19, 2018 news release; Figure 1). A summary of significant assay results is presented in Table 1. Toby Mayo, Interim CEO of Far, stated “We are clearly very excited by these results, which show not only 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 programme, give us great confidence in adding more high-grade lithium at Zoro. Meanwhile, we are eager to commence drilling at Hidden Lake in NWT, where we expect to achieve similar results in the next month.” | |
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