Local News

A Company Exploring for Lithium Near Snow Lake Has Formed a Next Stage Partnership.

Far Resources has expanded its relationship with BattMatt Technologies to allow the company to partner with BattMatt in the development of various patentable battery related technologies.  A binding letter of intent has been signed between Far and BattMatt to form a joint venture with a definitive agreement to be finalized in the coming weeks.  Through this agreement Far will have the opportunity to participate in early stage ownership of patentable battery related technologies, to advance relationships with battery manufacturers and to gain access to a wider alternative base of stakeholders.  It will allow the partners to quickly and efficiently assess and invest in battery and power related projects leveraging the use of the company’s Zoro lithium project near Snow Lake and Hidden Lake lithium project in Yellowknife as a future source of raw materials while also allowing Far to gain access to a broader investor base and to numerous potentially revenue generating projects and inventions.

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