Far Resources Initiates Metallurgical Pilot Program for Its High-Grade Zoro Lithium Project, Snow Lake, Manitoba
Vancouver, British Columbia (FSCwire) - Far Resources Ltd (CSE:FAT) (FSE:F0R)
(OTC:FRRSF) (www.farresources.com) (“Far” or the
“Company”) is pleased to announce the commencement of preliminary metallurgical studies on drill core from its
high-grade Zoro Lithium Project, located near the historic mining town of Snow Lake in mining friendly Manitoba. Far has retained
the services of SGS Canada Inc. to undertake the program, which will determine the suitability of Dyke 1 lithium mineralization
to produce marketable spodumene concentrate.
Toby Mayo, President and CEO of Far, stated: “The initiation of this metallurgical program represents a major
milestone in the development of the Zoro Lithium Project. This test work, along with the ongoing NI 43-101 technical report
update and forthcoming maiden resource statement, is a significant step in de-risking the project. This, combined with
exploration programs on two high grade lithium projects and the recent new discovery at Zoro, unquestionably places Far on track
to become one of North America’s premier lithium companies.”
The preliminary metallurgical program is planned initially for Dyke 1 at Zoro. It is the first, modern
mineralogical and metallurgical assessment undertaken on any of the Zoro pegmatites. While the initial program will examine the
amenability of spodumene concentrate production from Dyke 1, the program can be extended to test production of final lithium
extractions, lithium carbonate (Li2CO3) and lithium hydroxide (LiOH), both of which are vital in the
manufacture of lithium-ion batteries.
The Zoro test work will initially include sample preparation, mineralogy analysis, heavy liquid separation (HLS)
testing, dense media separation (DMS) and flotation testing. Preliminary phase transformation, acid roasting and water leaching
for lithium extraction will lead to the development of a concentrate production flowsheet.
Generally, the program will have two phases over a period of some months. Phase one will comprise two steps:
mineralogy, and mineral processing. The mineralogy phase will fully characterize all lithium bearing minerals such as spodumene
and related gangue minerals and their characteristics for mineral liberation of the Dyke 1 lithium mineralization. These details
will be used in Phase two which is the mineral processing phase. The objective will be to separate the spodumene mineralization
from related non-ore minerals to form a high-grade mineral concentrate.
Samples of representative Dyke 1 mineralization will be collected from several localities in Dyke 1 for individual
mineralogical and liberation characteristics assessment. If there are no significant differences between the various samples from
Dyke 1 all samples will be bulked to form a composite for mineral processing experiments. The mineral processing will include
magnetic separation, heavy liquid separation, grindability, and flotation tests. A preliminary flowsheet will be derived for Zoro
Dyke 1 and the production of spodumene concentrate that can be of marketable quality.
Previous assay work undertaken by the Company has indicated elevated tantalum and locally caesium and niobium and
as such the potential for the recovery of these related metals into a separate and unique concentrate in addition to a lithium
concentrate will be assessed.
SGS Canada Inc. has been selected to undertake the mineralogical and metallurgical project on behalf of the Company
based on their demonstrated expertise with spodumene pegmatite processing. All work will be completed at their Lakefield, Ontario
laboratory.
About the Company
Far Resources is actively drilling its Zoro Lithium project located near Snow Lake, Manitoba, which covers a
number of known lithium pegmatite occurrences. The Company has recently acquired an option on the Hidden Lake Property in
NWT and is initiating drilling for continuity of spodumene mineralization to depth. In the United States, the Company owns
the Winston project in New Mexico, an historic mining property with additional potential for silver and gold. Please visit
our website at www.farresources.com for full details on our current
projects.
The technical content of this news release has been reviewed and approved by Mark Fedikow P.Geo., a qualified
person as defined under NI 43-101.
###
ON BEHALF OF THE BOARD OF DIRECTORS OF
FAR RESOURCES LTD.
Toby Mayo, President & CEO
FOR FURTHER INFORMATION, PLEASE CONTACT
Renmark Financial Communications Inc.
Steve Hosein: shosein@renmarkfinancial.com
Tel: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com
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.
This news release contains forward-looking statements, which relate to future events or future performance
(including our planned exploration for the Winston Project and the Zoro Lithium Property) 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.
To view the original release, please click here
Source: Far Resources Ltd. (CSE:FAT, FWB:F0R, OTC Pink:FRRSF)
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