FAR Resources Ltd. Reports High Grade Lithium Assays From Its Beryl Pegmatite, Jean Lake Property, Snow Lake Area, Manitoba

VANCOUVER, British Columbia, Oct. 28, 2021 (GLOBE NEWSWIRE) -- (CSE:FAT) (FSE:F0R) (OTC:FRRSF) (www.farresources.com) (“FAR Resources” or the “Company”) is pleased to announce assay results from sampling undertaken on its recently located beryl pegmatite, Jean Lake property, located in the historic Snow Lake mining district in east-central Manitoba (cf news release September 28^th, 2021).

After a brief program of trench clearing and mucking of nearly 80 years of organic debris a total of 5 representative grab samples of spodumene were collected from two blasted and trenched locations along the trend of the beryl pegmatite. Two of the samples were from apple green, coarse grained spodumene (Far21-1 and -2; Figure 1) and three samples were from straw-coloured finer grained spodumene (Far21-3,4 and 5; Figure 2).

Samples were shipped to Activation Laboratories in Ancaster (Ontario) for analysis using the UT-7 method which uses a total dissolution of the sample by sodium peroxide fusion and ICP-MS finish. This analytical approach is the standard analytical technique used by the Company on its Zoro and Jean Lake lithium projects.

Results indicate all samples returned high-grade lithium contents regardless of the size or textural characteristics of the spodumene (Table 1). Ongoing exploration is planned for the remainder of 2021 and 2022 utilizing drone-assisted magnetic and Lidar surveys, prospecting, and surficial geochemical methods.

John Gammack, President and CEO of FAR stated, “We are concurrently advancing our recently acquired Jean Lake lithium-gold project to drill-ready status and integrated exploration approaches based on modern airborne and ground geophysical and geochemical technologies bolstered by sound field programs of boots on the ground prospecting and geological mapping. These new high-grade assay results provide us with a focus on the potential for new expanded lithium resources on our Snow Lake projects.”

Table 1. Lithium analyses for two styles of spodumene mineralization at the Beryl pegmatite, Jean Lake property, Snow Lake area, Manitoba.

Element	Li20%	Li2C03%
Unit %
Detection Limit
Analysis Method
Beryl Pegmatite 1:
FAR 21L-1	3.89	9.63
FAR 21L-2	5.17	12.78
Beryl Pegmatite 2:
FAR 21L-3	4.74	11.71
FAR 21L-4	4.09	10.11
FAR 21L-5	3.81	9.42

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