November 30th, 2020
VANCOUVER BC – FAR Resources Ltd (CSE: FAT) is pleased to provide an update on its progress on the Winston property in New Mexico USA.
Far Resources Ltd (CNX-FAT) is pleased to announce the completion of its second site visit. A third visit is planned for the 14th to the 21st December 2020 of its initial work program on the Winston Property, in the historic Black Range Mining District of New Mexico. The work was carried out by Dr. Michael Feinstein, CPG and consisted of reconnaissance geological mapping, sampling and surveying.
In addition to the areas of known epithermal silver-gold mineralisation at Little Granite and Ivanhoe-Emporia, several new zones were identified along with previously unknown historic workings. Approximately 50 rock samples were collected and have been shipped to Chemex Labs in Reno for multi-element analysis.
Management is extremely encouraged by the strong and widespread mineralisation revealed by this initial work. A comprehensive follow-up program, including drilling, will be proposed once assay results have been received and all geological work complied.
The technical content of this news release has been reviewed by Dr. Michael Feinstein, CPG, who is a Qualified Person as defined by NI 43-101.
For and on behalf of the Board
President and CEO
About Far Resources
Far Resources Ltd. is a Canadian battery and technology metals exploration and development company with lithium exploration projects in Canada and the USA. In Canada, Far is advancing its Zoro Lithium Project, located in the mining-friendly Snow Lake region of Manitoba. Zoro covers numerous known lithium pegmatite dykes and hosts the company’s 1.1 million tonne resource (0.93% Li2O at a 0.3% cutoff), plus an additional fifty targets. The company also holds a 60% stake in the Hidden Lake Lithium Project in Northwest Territories. In the USA, the company owns the Winston Project in New Mexico, a historic mining property with potential for bonanza-grade silver and gold.
More information is available at Far’s website: www.farresources.com.
John Gammack, President & CEO
FAR Resources, LTD.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
Forward Looking Statements
This news release may contain forward-looking statements, which relate to future events or future performance, including planned exploration, and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. All of the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. This news release does not constitute an offer to sell securities and the company is not soliciting an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.