Far Resources Ltd.

CNSX : FAT


February 04, 2013 06:15 ET

Far Resources Samples up to 627 g/t Silver and 4.39% Copper at Silver Switchback Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 4, 2013) - Far Resources Ltd. (CNSX:FAT) ("Far" or "the Company"), has received results from 55 rock samples collected during the fall exploration program on the Silver Switchback Property located south of Terrace, British Columbia. These results augment the soil geochemical results reported in the news release of December 11, 2012.

The sampling, while not systematic due to lack of outcrop, covers most of the exposed outcrops of altered and/or mineralized bedrock and talus on the grid area and to the southeast along access trails. Results for silver range from less than 0.1 g/t to 627 g/t, and for copper from 4 ppm to 4.39%. The peak values and range of anomalous results are comparable to the Silver Quest sampling results from 2006 (refer news release dated August 20, 2012). The peak values are associated with massive or semi-massive sulphide veinlets which cut volcanic rocks of the Hazelton Group, which hosts many of the known ore deposits in northwestern British Columbia.

When combined together, the soil geochemistry and rock sampling define a NNW-trending target zone measuring approximately 1 kilometre long by 400 metres wide. The Company is currently evaluating geophysical techniques that may be most applicable to further exploration on the property, which is largely covered by talus and overburden.

About the Company

Far Resources Ltd. is an exploration company, publicly traded on the Canadian National Stock Exchange, focused on the identification and development of high potential mineral opportunities. To date, the Company has acquired two attractive projects in Northern British Columbia: the Silver Switchback and the Tchentlo. Both have returned excellent gold, silver, and copper values.

This News Release was reviewed and approved by William LeBarge, MSc., PGeo, a Qualified Person in accordance with regulations under National Instrument 43-101.

On Behalf Of The Board Of Directors Of Far Resources Ltd.

Keith C. Anderson, President

This news release contains forward-looking statements, which relate to future events or future performance 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 and the accompanying graphic links 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.

The Canadian National Stock Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Contact Information

  • Far Resources Ltd.
    302-1620 West 8th Avenue
    Vancouver, BC V6J 1V4