Far Resources Drills 23 m of 1.1% Li2O and Gets Ready for 6 Additional Pegmatites

ZURICH,
SWITZERLAND / ACCESSWIRE / January 9, 2017 / Today, Far Resources Ltd. (CNSX: FAT; FRA: F0R) reported assay results from its phase-1 drill program on the Zoro Lithium Project near Snow Lake in mining-friendly Manitoba, Canada.

The initial 7 holes successfully confirmed historic drilling on Dyke #1. Each hole intersected lithium-bearing spodumene mineralization over intervals of up to 28 m, with 2 holes terminated in mineralization. With a total of 1,140 m completed, the initial 7 holes were only drilled to shallow depths of 163 m on average. Phase-2 drilling is expected to test for mineralization extending at depth.

The average Li2O grade of all 7 holes exceeds 1%, which can be considered a “world-class” when comparing with other hard-rock lithium projects worldwide; e.g. the Mt. Cattlin Project in Australia (Galaxy Resources) with an average resource grade of 1.08% LiO2 (currently being developed into a mine).

The full report can be accessed with the following links:

English (PDF):

http://rockstone-research.com/images/PDF/FAT3en.pdf

German (PDF):

http://rockstone-research.com/images/PDF/FAT3de.pdf

Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.

SOURCE: Rockstone Research

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