Mr. Toby Mayo reports

FAR RESOURCES COMMENCES FIFTH ROUND OF DRILLING AT ITS ZORO LITHIUM PROJECT, SOLIDIFIES ITS POTENTIAL TO BECOME A MAJOR NORTH AMERICAN LITHIUM SOURCE WITH EXTENSION OF MINERALISATION AT DYKE 8 IN FIRST HOLE OF PROGRAMME

Far Resources Ltd. has started its fifth round of drilling -- starting ahead of schedule -- at its 100-per-cent-owned Zoro lithium project in Manitoba, where it is completing a 21-hole program focusing on both existing discoveries and new targets. Three holes will be drilled to complete metallurgical test studies.

The first hole drilled during this campaign (FAR18-017), which targeted the newly discovered dike 8, intersected 13 metres of well-mineralized spodumene, extending the zone of lithium mineralization to the east by approximately 30 metres.

The company will complete its previously announced 2,000-metre diamond drill campaign (Oct. 23, 2018, news release), with operations based at the historic mining community of Snow Lake in mining-friendly Manitoba.

"Once again, Far delivers on its strategic plan by initiating its fifth round of drilling at Zoro, starting well ahead of schedule," stated Toby Mayo, president and chief executive officer of the company. "It comes as no surprise to us that the very first hole of this important phase of exploration has extended the known potential for mineralization by expanding dike 8 to the east of the discovery hole. This news reinforces our absolute conviction that Zoro has the potential to be a major economic deposit in a previously unrecognized lithium belt, with the potential to be a major North American lithium supplier. As this campaign continues, we will be making further discoveries, while derisking the project through the completion of our metallurgical test program. Manitoba deserves to be recognized as prime lithium real estate."

The current program will test up to 15 high-priority lithium targets based on an integrated database including previous drill results, prospecting, geological mapping and mobile metal ions soil geochemistry. The drill program will also assess the potential for expanding high-grade lithium mineralization at recently discovered dike 8 as well as obtaining additional material from dike 1 for the continuing metallurgical testwork program. It received its work permit from the office of sustainable development, Manitoba government, in early November.

Management believes that this fifth phase of drilling will continue to demonstrate the vast potential of Zoro. As previously announced, the Zoro lithium project now hosts at least eight lithium-bearing dikes with over one million tonnes identified at dike 1 so far. With an additional 50 targets, the project represents a great opportunity for delineating significant tonnage of economic value.

Currently the cutting and preparation of helicopter and drill pads is continuing by Far's field crew. Westcore Drilling and Gogal Air Services have mobilized the drill to dike 8 and drilling scheduled to commence Nov. 7. The plan is to start drilling at dike 8 followed by a drill move to test targets at dike 1. Three holes will also be drilled from representative zones of spodumene mineralization at dike 1 to acquire sufficient material for the commencement of metallurgical studies to be undertaken at the Lakefield (Ontario) facility of SGS Mineral Services. The drill will then move northwards from dike 1 to test the remainder of the high-contrast targets. The company's technical crew and core technologist have also mobilized to site to prepare the core logging and sampling facility for a busy fall drill program.

The fall drill program contract has been awarded to Westcore Drilling with air support provided by Gogal Air Services.

Core samples will be logged, cut, bagged and shipped from Far's core logging and preparation facility in Snow Lake and shipped to Activation Laboratories (Ancaster, Ont.) for the analysis of lithium and a multielement suite of elements referred to as UT-7. This method is based upon a sodium peroxide fusion which captures total amounts of lithium and related elements in the sample.

About Far Resources Ltd.

Far Resources is actively drilling its Zoro lithium project located near Snow Lake, Man., which covers a number of known lithium pegmatite occurrences. Far Resources has recently acquired an option on the Hidden Lake property in the Northwest Territories and is initiating drilling for continuity of spodumene mineralization to depth. In the United States, the company owns the Winston project in New Mexico, a historical mining property with additional potential for silver and gold.

The technical content of this news release has been reviewed and approved by Mark Fedikow, PGeo, a qualified person as defined under National Instrument 43-101.

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