Featured

FAR Resources is Pleased to Announce Spring 2021 Drill Program on Its Zoro Lithium Property

VANCOUVER, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) — FAR Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF) (www.farresources.com) (“Far Resources” or the “Company”) is pleased to announce its upcoming Spring 2021 drilling program and provide an update on its Zoro Lithium Property located in east-central Manitoba 20km east of the historic mining town of Snow Lake.

John Gammack CEO, and President of FAR Resources Ltd, states, “With the demand for lithium ever increasing, FAR Resources is well-positioned to meet such demand. Our spring drilling program is timed perfectly especially with GM Canada’s announcement on January 15, 2021 of a tentative 1 Billion Dollar EV plant in Ontario.”

With Democrats assuming control of both the congress and senate, the Biden Administration is positioned to adopt their clean energy technology platform. Under the Trump Administration renewable energy technologies including solar & wind power and electric vehicles performed well. Consumers’ transition to electric vehicles continues, boosted in part by the increased supply of EV charging stations. Should the Biden Administration pursue increased fuel efficiency standards or loosen EV regulations, the transition of fossil fuel to electric vehicle drivers vehicles will likely continue to accelerate.

The demand for lithium, will continue to grow as it’s one of the key components needed to manufacture solar panels and electric vehicle batteries. The Biden Administration proposal to spend $2 trillion on metals-rich green infrastructure is likely to spur private sector investment in similar metals-intensive products and structures, namely renewable energy and electric vehicles, which will further boost the lithium market.1

FAR Resources Dyke 1 contains an inferred resource of 1,074,567 tonnes grading, .091% Li2O, 182 ppm Be, 198 ppm Cs, 51ppm Ga, 1212ppm Rb, and 43ppm Ta (at a cut-off) of .3% Li2O. Dyke 1 is open at depth and to the north and south were an additional exploration is ongoing. The estimate has an effective date of July 06, 2018, and was prepared by Scott Zelligan P. Geo.

Some Key Project Highlights are:

– 1MM T. Inferred + 13 MM indicated

– 8,500 + Meters of Drilling to date

– $5,000,000 + Spent to date on technical and drilling of the project.

– Compelling Li Grades in the 180 PPM TO 220 PPM range

– Asset holds exceptional Byproduct Minerals and credits. For full details please refer to the full NI 43-101 Technical Report on The Zoro Lithium Project on Sedar.com Far Resources filings dated September 05, 2018.

John Gammack, comments, “This maiden resource, which covers part of Dyke 1, indicates that we have a base on which to build. In addition to the other seven dykes that are not included in this resource, the Company has numerous untested geological and geochemical targets at the Zoro property that we intend to pursue in the Spring of 2021.”

You can’t have electric cars without batteries and you can’t have batteries without lithium. The incredible stock market surge for Tesla is exciting! As global demand for electric vehicles grows, North American automotive manufacturers are seeking to regionalize their supply chain for greater security and sustainability.2 Far Resources believe their Zoro Property has the potential to attract significant domestic interest as they redefine the economics of this project with its lithium rich deposits.

We recognize today’s global initiative of providing green energy choices and are proud to be part of the chain that provides friendlier environmental options.

Information Contact
John Gammack, President & CEO
FAR Resources, LTD.
[email protected]

______________________

https://nicoyaresearch.com/three-sectors-poised-to-benefit-from-democrats-sweep-of-government/
2 https://www.cnn.com/2021/01/13/investing/lithium-tesla-electric-vehicles/index.html

Featured

Far Resources Announces Appointment of Advisors to Board of Directors

January 11, 2021

VANCOUVER, British Columbia, Jan. 11, 2021 (GLOBE NEWSWIRE) — Far Resources Ltd (CSE:FAT) (FSE:FOR) (OTC:FRRSF) is pleased to announce ON BEHALF OF THE BOARD OF DIRECTORS, the appointment of four Advisors to the Board of Directors.

James H. Coleman, QC

Mr. Coleman is currently the Executive Director and Chairman of the Board of Gold Reserve. Mr. Coleman became a Director in February 1994 and Chairman of the Board in 2004. Mr. Coleman is a senior partner of the law firm of Norton Rose Fulbright. He is also a Director of several Canadian companies in the natural resource sector. Mr. Coleman also serves as a Director of Great Basin Energies, Inc. and MGC Ventures, Inc.

Victor Cantore

Mr. Cantore is currently the President and CEO, Director of Amex Exploration. Mr. Cantore is a seasoned capital markets professional specializing in the resource and hi-tech sectors. He has more than 20 years of advisory and leadership experience having begun his career in 1992 as an investment advisor and then moving into management roles at both public and private companies. During his career he has organized and structured numerous equity and debt financings, mergers and acquisitions, joint venture partnerships and strategic alliances. Mr. Cantore serves on the boards of various companies both private and public.

The Honorable, John D. Reynolds

Hon. Reynolds career includes substantial experience in venture capital development, consumer products marketing, resource sector development and elected political office, both federal and provincial. Hon. Reynolds was appointed as a member o f the Queen’s Privy Council for Canada on February 6th, 2006. In March, he was appointed as a Senior Strategic Advisor to McMillan LLP in Vancouver.

Marius Van Andel

Mr. Van Andel has a M.Sc. Agriculture and Doctoral Degree Economics from Erasmus University, Rotterdam the Netherlands. He obtained his Juris Doctor degree from Queen’s University, Kingston, Ontario. Mr. Van Andel has extensive international work experience in the Netherlands, Israel, and P.R. China. Mr. Van Andel held positions with Peat Marwick Mitchell (now K.P.M.G.), University of Guelph, Canadian Imperial Bank of Commerce and the University of Saskatoon, Saskatchewan. He also held positions with the Nanjing Institute of Technology, Nanjing, P.R. China G&D Law Firm, Nanjing, P.R. China. 

We are honored to have these distinguished individuals as advisors. They bring a wealth of talent, experience, and leadership to Far Resources.

John Gammack
President and CEO

ABOUT FAR

FAR Resources is a gold and silver exploration company focused in New Mexico USA. The Company owns the Winston Project there, a historic mining property with the potential for Bonanza-grade silver and gold. The property is steeped in history and historic samples, full data tables available at www.farresources.com/investors/. Far Resources also has its ZORO Lithium Project, in CANADA, located in the mining -friendly Snow Lake region of Manitoba and containing numerous known lithium deposits. The Company also holds a 60% stake in the Hidden Lake Lithium Project in the Northwest Territories.

More information is available at Far’s website: www.farresources.com.

Information Contact
John Gammack
President and CEO
Far Resources Ltd
+1 (604) 374-5561

John Gammack, President And CEO Of Far Resources Ltd Is Pleased To Provide An Update On Its Progress On The Winston Property In New Mexico, USA

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
John Gammack
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.

Information Contact
John Gammack, President & CEO
FAR Resources, LTD.
[email protected]

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.

Far Resources Ltd. Is Pleased To Report The Commencement Of Its October 2020 Exploration Of The Winston Little Granite Epithermal Vein System Lead By Lindsay Bottomer P.Geo & Micheal N. Feinstein PhD.

September 21st, 2020

VANCOUVER BC – FAR Resources Ltd (CSE: FAT) is pleased to announce it has made
arrangements to mobilize a field crew to the Winston project in New Mexico in early October.
The crew will evaluate the best options for access and logistical support of the planned
Phase 1 program focused on the Little Granite Mine area. The Phase 1 program will consist
of soil and rock geochemical sampling, geological mapping with particular focus on structural
controls of the silver-gold mineralisation and possibly ground geophysics and terrain
mapping using a drone.

The Little Granite Mine is a high grade epithermal silver-gold system which was last explored in the early 1980s. In addition to Little Granite, Far also controls the core claims covering the nearby Ivanhoe-Emporia Mines, which may represent an attractive bulk mineable gold target.

Michael Feinstein, PhD, CPG, of Mineoro Explorations LLC is pleased to be assisting Far Resources with their exploration campaign aimed at targeting the bonanza zone of the Little Granite Epithermal Vein System. Field activities will commence post-haste, existing data will be integrated with structure, alteration, and geochemistry in a 3D model. The host volcanic stratigraphy of the Gila and dominant structural control of the Rio Grande Rift provides excellent context for the emplacement of well-developed vein systems.

We are excited to apply ingenuity and modern technology to the exploration program as this project has not been significantly worked on since the 1980s. The precious metal content seen at Little Granite is very encouraging and New Mexico is under-explored and ripe for discovery.

For and on behalf of the Board
John Gammack
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.

Information Contact
John Gammack, President & CEO
FAR Resources, LTD.
[email protected]

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.

Far Resources Ltd. Announces Filing Of Ni 43-101 Technical Report On The Winston Chloride Mining Sub District Sierra County, New Mexico USA

September 17th, 2020

Vancouver, British Columbia September 17th 2020 – Far Resources Ltd. (CSE:FAT) (OTC:Pink. FRRSF) (FSES:FOR), is pleased to announce the filing of a technical report for the Winston Project New Mexico USA, (the “Report“) entitled, “Technical Report On the  Winston Project.” The Report is dated July 15th 2020 and was prepared in accordance with

National Instrument 43-101 Standards for Disclosure for Mineral Projects (“NI 43-101”) The Report is available for review on SEDAR.

Qualified Person’s

Lindsay Bottomer P.Geo. North Vancouver BC., James Moore P.Geo. Coquitlam BC. are the Qualified Person’s as defined in Canadian National Instrument 43-101, who have reviewed and are responsible for the technical information presented in this news release.

On Behalf of the Board of Directors

John Gammack
President & Chief Executive Officer
[email protected]

Forward-Looking Statements

This news release contains forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.

Neither the CSE nor its Regulation Services Provider (as that is defined in the policies of the CSE Exchange) accepts responsibility for the adequacy or accuracy of this release.

Far Resources Announces the Appointment of Robert Dinning as a Director and CFO

VANCOUVER, British Columbia, Sept. 11, 2020 (GLOBE NEWSWIRE) — Far Resources Ltd. (CSE: FAT, OTCPINK: FRRSF, FSES:FOR) (the “Company” or “FAR”) is pleased to announce that Robert G. Dinning, CA, CPA, has been appointed to the board of directors of the Company (the “Board”) and as CFO of the Company, effective immediately.

Mr. Dinning is a Chartered Accountant and Chartered Professional Accountant. Mr. Dinning has been self-employed providing consulting services in financial and business services in the natural resource industry, including to mining and oil and gas industry companies listed on public stock exchanges. He has also served as officer and director of various mining/oil exploration companies. Mr. Dinning served as CFO and later CEO of Apolo Gold & Silver, an OTC-listed company, from 1999 to 2012; CEO of Industrial Minerals Ltd., the owner of a large graphite property in Northern Ontario, from 2006 to 2010; Chairman and director of Paramount Gold and Silver Corp., a TSX-listed company, from 2008 to 2015; officer of ATAC Resources Ltd., a TSX Venture Exchange-listed company, from 2010 to 2012; CEO of Simba Energy Inc. (formerly Goldstar Resources), a TSX-listed company, from 2009 to 2016 and director of Simba Energy Inc. from 2016 to present and Chairman and CEO of Meadow Bay Gold Corp. from 2010 to 2016. Mr. Dinning attended the University of Alberta and obtained his CA designation in 1963 with Peat Marwick Mitchell & Co. (now, KPMG). 

It is with great sadness that the Board and management of the Company also announce that director, colleague and friend, L. Frank Anderson has passed away. Mr. Anderson joined the Board on July 7, 2005 and during his 15 years with the Company he was a constant with FAR. Frank will be remembered for his insight and knowledge.  Gone but not forgotten.

The Board and management of the Company further announce that Eddie Yu has resigned as CFO of the Company. FAR thanks Mr. Yu for his valuable contributions to the Company and wishes him well in future endeavours.

Mr. Dinning has been appointed as a director to fill the vacancy on the Board created as a result of Mr. Anderson’s passing and has been appointed as CFO to fill the vacancy created as a result of the resignation of Mr. Yu.

ON BEHALF OF THE BOARD
John Gammack
President and CEO

ABOUT FAR
FAR Resources is a gold and silver exploration company focused in New Mexico.

The Company owns the Winston Project there, a historic mining property with potential for bonanza-grade silver and gold. The property is steeped in history and historic samples, full data tables available at www.farresources.com/investors/.

FAR Resources also 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 and containing numerous known lithium deposits. The Company also holds a 60% stake in the Hidden Lake Lithium Project in Northwest Territories.

More information is available at FAR’s website: www.farresources.com.

Contact
John Gammack,
President and CEO Far Resources Ltd.
+1 (604) 374-5561

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.

FAR Resources LTD. announces a $0.1250 per Flow-Through Unit Private Placement.

Vancouver, September. 04, 2020 – FAR Resources LTD. (CSE: FAT, OTCPINK: FRRSF, FSE:FOR) (the “Company”) is pleased to announce a non-brokered private placement consisting of an aggregate of 8,000,000 units of the Company (“Flow-Through Units”) at a price of $0.1250 per Flow-Through Unit for gross proceeds of $1,000,000  (the “FT Offering”).

Each Flow-Through Unit consists of one common share of the Company qualifying as a ‘flow-through share’ (a “Flow-Through Share”) and one-half of one common share purchase warrant (each whole common share purchase warrant a “Warrant”). Each full Warrant will entitle the holder thereof to purchase one Common Share of the Company at a price of $0.155 per Common Share, for a period of 24 months following the Closing Date.

All proceeds from the sale of the Flow-Through Units will be used to incur eligible Canadian Exploration Expenses as defined in the Income Tax Act (Canada) related to the Company’s projects in Manitoba, Canada.

Closing of the Offering is expected to occur on or before October 15th 2020and is subject to receipt of regulatory approvals, including the approval of the Canadian Securities Exchange. The securities to be issued under the Offering will have a hold period of four months and one day from their issue. The securities being offered will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold within the United States absent registration or an exemption from the registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

Zoro Lithium Property Payments as of FARS LEGAL OPTION AGREEMENT

FAR Resources LTD. is pleased to announce it has made payment of $100,000 consisting of a $50,000 payment and the issuance of 526,316 shares (the “Agreement”) towards its Zoro Lithium Property. We are committed to advancing the Zoro Lithium Property consisting of 3,005 ha. near SNOW LAKE in mining friendly Manitoba Canada.

We will be updating shareholders regarding any relevant progress as it culminates. We will be updating the exploration program over the coming months, and plan to be on the ground this fall with prospecting efforts in line with previous seasons.

This lithium property remains an interest due to the specific geology of the claim. The initial resource of 1.1 million tonnes at 0.93% Li2O (at a 0.3% cutoff) was reported on a portion of Dyke 1 and the NI 43-101 technical report was filed on SEDAR (press releases of July 9 and September 5, 2018). There up to fifty additional pegmatite targets to explore to understand the full value of the property.

About the WINSTON/LITTLE GRANITE MINE

We continue to move forward advancing shareholder value with our historic NEW MEXICO mining property with potential for bonanza-grade silver and gold. The property has many historic samples, full data tables available at www.farresources.com/investors/.

ON BEHALF OF THE BOARD OF DIRECTORS,
John Gammack
President and CEO

About FAR

FAR Resources is a gold and silver exploration company focused in New Mexico. The Company owns the Winston Project there, a historic mining property with potential for bonanza-grade silver and gold. The property is steeped in history and historic samples, full data tables available at www.farresources.com/investors/. FAR Resources also 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 and containing numerous known lithium deposits. The Company also holds a 60% stake in the Hidden Lake Lithium Project in Northwest Territories.

Information Contact
John Gammack,
President and CEO
Far Resources Ltd.
+1 (604) 374-5561

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.

Far Resources Ltd.: Private Placement Closed

VANCOUVER, British Columbia, Aug. 28, 2020 (GLOBE NEWSWIRE) — Far Resources Ltd. (CSE:FAT) (FSE:FOR) (OTC:FRRSF) is pleased to announce that it has closed a non-brokered private placement of $419,712.50 for 7,461,556 units at a price of $0.05625 per unit (the “Units”) in accordance with the price protection filed with the Canadian Securities Exchange on July 14th, 2020.  Each Unit consists of one common share (the “Shares”) and two two-year share purchase warrants, warrants A and B (the “Warrants”).  Warrant A entitles the holder to purchase one additional common share, exercisable at a price of $0.075 per share for the first twenty four months from the date of issue and Warrant B entitles the holder to purchase one additional common share, exercisable at a price of $0.10 per share also for a period of twenty four months from the date of issuance.  All securities issued under the private placement are subject to a mandatory hold period of four months plus one day following the closing of the private placement.

There are no finders’ fees with respect to the private placement.

The proceeds of this private placement will be used for general working capital and property development.

Management is not aware of any material facts or material changes with respect to the Company that have not be generally disclosed.

ON BEHALF OF THE BOARD OF DIRECTORS,

John Gammack
President and CEO

ABOUT FAR
FAR Resources is a gold and silver exploration company focuses in New Mexico.  The Company owns the Winston Project there, a historic mining property with potential for bonanza-grade silver and gold. The property is steeped in history and historic samples, full data tables available at www.farresources.com/investors/.  FAR Resources also 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 and containing numerous known lithium deposits.  The Company also holds a 60% stake in the Hidden Lake Lithium Project in Northwest Territories.

More information is available at Far’s website:  www.farresources.com

About BattMat
BattMat Technologies Inc. is dedicated to capitalizing on the advancement of battery focused technologies and applications, including systems for distributed power, marine power and energy storage.  More information is available at BattMat’s website: www.battmat.com.

About Electric Blue Power
Electric Blue Power, LLC operates the all-electric vessel Electric Blue Yacht and is development the VAB Controller® and other related designs of inventor Lee Wheelbarger.

Information Contact
John Gammack,
President and CEO
Far Resources Ltd.
+1 (604) 374-5561

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news releas e 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.

FAR to Rely on BC Instrument 51-516 to Extend Filing Deadline.

VANCOUVER, CANADA – FAR Resources Ltd (CSE:FAT) (FSE:FOR) (OTC:FRRSF) is providing an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the financial year ended March 31, 2020 (collectively “the Annual Filings”) and its interim financial statements and accompanying management’s discussion and analysis, and related CEO certifications for the three month period ended June 30, 2020 (collectively “the Interim Filings”), which were required to be filed by July 29, 2020 and August 29, 2020 respectively under National Instrument 51-102. BC Instrument 51-517 allows for a 45-day filing extension for certain filings required on or before August 31, 2020 to allow issuers the time needed to focus on the many other business and financial reporting implications of COVID-19. 

FAR will continue to rely on this exemption with respect to the Annual Filings and will also rely on this exemption with respect to the Interim Filings. The Company is continuing to work diligently and expeditiously with its auditors to file the Annual Filings on or before September 13, 2020 and its Interim Filings on or before October 13, 2020. In the interim, management and other insiders of the Company are subject to a trading black-out policy that reflects the principles in section 9 of National Policy 11-207, Failure to-File Cease Trade Orders and Revocations in Multiple Jurisdictions. The Company confirms that since the filings of its interim unaudited consolidated financial statements for the nine months ended December 30, 2019, there have been no material business developments other than those disclosed through news releases and as noted below.

###

For and on behalf of the Board
John Gammack
President and CEO

About FAR

FAR Resources is a gold and silver exploration company focused in New Mexico. The company owns the Winston Project there, a historic mining property with potential for bonanza-grade silver and gold. The property is steeped in history and historic samples, full data tables available at www.farresources.com/investors/. FAR Resources also 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 and containing numerous known lithium deposits. The company also holds a 60% stake in the Hidden Lake Lithium Project in Northwest Territories. 

About BattMat

BattMat Technologies Inc. is dedicated to capitalizing on the advancement of battery-focused technologies and applications, including systems for distributed power, marine power and energy storage. More information is available at BattMat’s website: www.battmat.com.

About Electric Blue Power

Electric Blue Power, LLC operates the all-electric vessel Electric Blue Yacht and is developing the VAB Controller® and other related designs of inventor Lee Wheelbarger. 

Information Contact
John Gammack,
President and CEO
Far Resources Ltd.
+1 (604) 374-5561

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.



FAR Resources Provides Corporate Update and Announces Changes to Management.

VANCOUVER, CANADA – Far Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF). 

FAR Resources Ltd is pleased to announce the appointment of John Gammack to the board, and to the role of CEO and President of the company, effective immediately. Mr Gammack takes over from Toby Mayo, who will be moving into the position of VP Technology Development, where he will focus on the company’s technology growth strategy, BattMat joint venture and revenue generation.

John Gammack, CEO of FAR, commented: “It is an exciting time for FAR, a company with many opportunities for building shareholder value. This includes the finalisation of the Winston gold project transaction as a dividend to our shareholders, which is our number one priority at this time. I was involved in the IPO of FAR and I look forward to being able to drive the company forward with a focus on shareholder returns.”

John Gammack is a long term supporter of FAR, and brings extensive experience working with both public and private companies, including oil and gas, mining and technology. He has been involved in securing over $300 million dollars in financings over the last thirty years. He currently sits on the board of four companies: ENE-MIN Development Corp (a private lithium exploration and development company); Transylvania Metals (a private polymetallic exploration and development company); BE4 Resources (beryllium); and Agrocasa CBD Commodity Inc. (hemp)

Toby Mayo, outgoing President, stated: “I am extremely excited to welcome John onto the board and into his new role. His expertise in the capital markets and his knowledge of our projects will be of great benefit to our shareholders. Meanwhile, I am pleased to be able to focus my attention on our technology R&D joint ventures, and look forward to Far realising growth through revenue generation.”

Winston Gold Project Sale and Dividend

As discussed in previous news, the company has been working towards releasing shareholder value by means of sale or spin-out of its high-grade Winston Gold Project, New Mexico, USA.

Management is pleased to announce that it has been in advanced discussions with a private group for the sale of the Winston Gold Project for shares in the private company. As has been communicated, the company will be distributing these shares to existing shareholders as a form of dividend, with details to follow as they are finalised.

FAR has been committed to rewarding shareholder commitment by leveraging the high gold and silver grades at Winston, New Mexico, USA; the new management team will focus initially on completion of a transaction that releases these undervalued precious metals assets.

About Winston

In late 2013, the company conducted a site visit to the Winston Project, including the Little Granite Mine area. Three composite samples were collected from piles of quartz dump material near the mouth of the decline reportedly excavated in the early 1980s.

Two of these samples, representative of the main style of quartz present, returned values of 179 g/t Ag and 2.9 g/t Au and 170 g/t Ag and 6.7 g/t Au respectively. This material shows classic boiling textures and is thought to represent material from the upper part of a well-developed epithermal system. A third composite sample of fine grained grey “cherty” quartz material found on one of the dumps returned values of 1,439 g/t Ag and 25.2 g/t Au. The latter result supports historic reports of “bonanza-grade” shoots being present within the main vein system mined.

Two further samples of quartz vein material exposed in the walls of a collapsed stope immediately north of the main shaft returned values of 226 g/t Ag and 2.2 g/t Au and 24 g/t Ag and 0.3 g/t Au. Both of these samples may have been subject to surface leaching effects.

These results are historical. An updated NI 43-101 technical report will be filed in due course.

For and on behalf of the Board
John Gammack
President and CEO

Qualified Person
The technical content of this news release has been reviewed and approved by Mr. James Moors P.Geo.,
a qualified person as defined under National Instrument 43-101.

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.

Information Contact
John Gammack, President and CEO
Far Resources Ltd.
1 (604) 374-5561

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.