Far Resources has completed final payment obligations under its agreement to secure 100 percent interest in its Green Bay Option. This is part of the 36 hundred hectare high grade Zoro Lithium Property near Snow Lake.
President and CEO Toby Mayo comments the company has now completed five successful drilling campaigns on Zoro generating a robust mineral resource of over one million tonnes at close to one percent lithium, discovered multiple previously unknown lithium bearing pegmatites and generated a strong portfolio of additional targets throughout the property.
Far reports they have applied modern techniques over approximately one third of the total Zoro project area resulting in the discovery of thirteen dykes as well as a definition of numerous additional targets which are drill ready. Management believes the potential for additional discoveries at Zoro is very significant.