The Next Nemaska? World-Class Drill Results from One of the World‘s Best Performing Lithium Stocks

The Next Nemaska? World-Class Drill Results from One of the World‘s Best Performing Lithium Stocks Picture Source: Brent {NAME}, author and keynote speaker [ThinkWorldClass.com]( Considering that lithium explorer Far Resources‘ stock price has been on an impressive run lately, one may wonder where this junior is heading? Considering today‘s landmark [announcement]( of new drill results, Far Resources could very well be on its way to become a senior within the next years! Today´s announced new set of drill results from Dyke #1 at the Zoro Lithium Project in Manitoba, Canada, underpin the argument of a world-class lithium project: • 1.43% Li2O over 20.6 m including 2.19% Li2O over 4 m and 3.12% Li2O over 1 m in Hole DDHFAR17-18. These exceptionally high-grade lithium intercepts come along with strongly enriched tantalum (60-137 ppm) and niobium (142-409 ppm), potentially highly valuable by-products. In early November, Far Resources re-assayed some drill core and also found elevated tantalum grades with up to 927 ppm. • 1.15% Li2O over 12.4 m in Hole DDHFAR17-19, along with 45 ppm tantalum and 155 ppm niobium. • This drilling was performed in areas of Dyke #1, where no previous modern drilling had taken place. • As announced today, a winter drill program is planned to assess deeper levels (>150 m) of Dyke #1 for the extension of high-grade lithium spodumene and to test historic high-grade lithium drill intersections and recent assay results from trench and outcrop sampling at Dykes #5 and #7. • Field crews are currently expanding the prospecting and soil geochemical surveys to find new pegmatite dykes on the recently enlarged property. Considering that Canada‘s top lithium projects have average resource grades which are similar to today‘s and past drill results, shareholders are eagerly waiting for the first resource estimate on Dyke #1 (and as the name suggests, there are many more lithium-bearing pegmatite dykes on the Zoro Property waiting to get drilled in order to further expand total resources, not to speak of the great potential of many more dykes hidden below overburden waiting to get discovered with the ongoing exploration programs). With a current market capitalization of $90 million CAD, Far Resources is simply catching up to its peers: Whabouchi Lithium Deposit in Québec, Canada Nemaska Lithium Inc.(TSX.V: NMX; $1.93 CAD; market capitalization: $689 million CAD) Measured + Indicated Resource:28 million t @ 1.57 % Li2O Inferred Resource:4.7 million t @ 1.51% Li2O (January 2014 In-Pit Mineral Resource Estimate; the project is under development with full commercial production estimated to start in 2018) Lithium Quebec Deposit in Québec, Canada North American Lithium Inc. (private company) Measured & Indicated Resource: 33.2 million t @ 1.19% Li2O Inferred Resource:13.8 million t @ 1.21% Li2O (December 2011 Mineral Resource Estimate; the project is under development with full commercial production estimated to start in 2018) Rose Lithium-Tantalum Deposit in Québec, Canada Critical Elements Corp. (TSX.V: CRE; $1.58 CAD; market capitalization: $239 million CAD) Indicated Resource: 31.9 million t @ 0.93% Li2O and 148 ppm Ta2O5 Inferred Resource:2.8 million t @ 0.82% Li2O and 145 ppm Ta2O5 (August 2017 Mineral Resource Estimate) PAK Lithium Deposit in Ontario, Canada Frontier Lithium Inc. (TSX.V: FL; $0.67 CAD; market capitalization: $136 million CAD) Measured & Indicated Resource: 7.9 million t @ 1.58% Li2O, 104 ppm Ta2O5, 0.04% Cs20 and 0.31% Rb20 Inferred Resource:0.3 million t @ 1.2% Li2O, 103ppm Ta2O5, 0.06% Cs20 and 0.36% Rb20 (May 2016 Mineral Resource Estimate; Note: "Access to the Property is available year-round by chartered ski or float equipped aircraft from Red Lake, Ontario (175 km) to the south of Pakeagama Lake. The project is located in a relatively isolated area of northwestern Ontario where infrastructure is absent except for a winter road, which services the communities of Deer Lake, Sandy Lake, and North Spirit Lake." Source: Frontrier Lithium Inc. Technical Report May 2016) The Zoro Premium There are several reasons why Far Resources‘ Zoro Lithium Project is attracting massive attention around the globe: • High-grade lithium drill results with potential of significant by-product credits from tantalum and niobium enrichment. • Highly favourable metallurgy expected due to low impurities, such as iron, and a coarse-grained spodumene mineralization (white to light-greenish colour, similar to Whabouchi). • Lithium-bearing pegmatites accessible at surface and extending to depth (potentially ideal for cost-effective open-pit mining). • 7 known pegmatites on the property provide significant resource definition potential in 2018. • Blue-sky exploration potential: Many more pegmatites possibly hidden beneath overburden. • Most recently on [November 27](, Far Resources signed a MOU for the near-by Thompson Brothers Lithium Dyke, an 800 m long vertically dipping pegmatite dyke with an historic non-NI43-101 resource of 3.97 million tonnes grading 1.29% Li2O (see also [here](). • Near-by infrastructure (power line: 4 km; road: 11 km; airport: 12 km; rail: 30 km). The Zoro Property is situated in west-central Manitoba within the historic Snow Lake Mining Camp. The hydro power line to Snow Lake is 5 km south of the property and the small historic gold mining community of Herb Lake is located about 10 km southwest. A rail link is located at Wekusko siding approximately 20 km south of Herb Lake. • First Nation consultation and engagement not required in the Flin Flon-Snow Lake greenstone belt where the Zoro Property is located. • One of the world‘s best jurisdictions for mining and investments: Manitoba is known to be very mining-friendly. Last year, Manitoba ranked #2 in the world becoming the 2nd best area for investment in mining (according to reputable Fraser Institute). The Manitoba Government has implemented key policies to attract investments for its prolific mining sector, including already implemented policies such as a Progressive Mining Tax Rate, Tax Holiday for New Mines, Off-Site Exploration Allowances, New Investment Tax Credit, Processing Allowance. Junior explorer Far Resources is also benefitting from such pro-active governmental policies: In December 2016, Far Resources received a Minerals Exploration Assistance Program (MEAP) Grant, which means that the company is getting up to 50% of eligible exploration expenses from the government! Another grant could be given in December 2017 again. This MEAP Grant was implemented to stimulate exploration and encourage companies to start developing new mines. MEAPs are only granted to projects with a high probability of success! On top of all that, there is another good reason for being a shareholder right now: In early October, the company provided an update on its [Plan of Arrangement]( about the proposed spin-out of its gold assets, the [Winston Gold Project]( in New Mexico, USA (i.e. each eligible shareholders of Far Resources will receive shares of this new company, at no costs). This will allow the company to focus exclusively on its Zoro Lithium Project, while shareholders will benefit from owning 2 stocks. Bottom-Line Think world-class. The trend is your friend. Picture Source: Brent {NAME}, author and keynote speaker [ThinkWorldClass.com]( Company Details Far Resources Ltd. Unit 114B – 8988 Fraserton Court Burnaby, BC V5J 5H8 Canada Phone: +1 604 805 5035 Email: info@farresources.com [www.farresources.com]( Shares Issued & Outstanding: 91,051,316 [Chart]( Canadian Symbol ([CSE](): FAT Current Price: $0.99 CAD (11/28/2017) Market Capitalization: $90 Million CAD [Chart]( German Symbol / WKN ([Frankfurt](): F0R / A2AH8W Current Price: €0.662 EUR (11/29/2017) Market Capitalization: €60 Million EUR Previous Coverage [Report #9:]( "Great Time to be a FAT Shareholder" [Report #8:]( "Far Resources reports substantial lithium drill results" [Report #7:]( "Richer Than Expected: Far Resources reports lithium assays from rock chip samples at Dyke #7" [Report #6:]( "Impressive Lithium Drill Results on the Horizon?" [Report #5:]( "Drills Back in Action at the Zoro Lithium Property in Manitoba: Confidently Awaiting Second Round of Drill Results" [Report #4:]( "Savvy lithium explorer getting ready for phase-2" [Report #3:]( "Far Resources drills 23 m of 1.1% Li2O and gets ready for 6 additional pegmatites" [Report #2:]( "Far Resources gains momentum with drill results pending from its Zoro Lithium Project in Manitoba" [Report #1:]( "Drill Results Pending From a Potentially World-Class Hard-Rock Lithium Project" Disclaimer: Please read the full disclaimer within the full research report as a PDF ([here]() as fundamental risks and conflicts of interest exist. The author holds a long position in Far Resources Ltd. and is being paid, on a monthly basis, a retainer from Zimtu Capital Corp., which company also holds a long position in Far Resoures Ltd. 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