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Far Announces Appointment of Advisors

Management Changes

Far Resources Announces Appointment of Advisors to Board of Directors

January 11, 2021 - Far Resources Ltd (CSE:FAT) (FSE:FOR) (OTC:FRRSF) is pleased to announce

ON BEHALF OF THE BOARD OF DIRECTORS, the appointment of four Advisors to the Board of Directors.

James H. Coleman, QC

Mr. Coleman is currently the Executive Director and Chairman of the Board of Gold Reserve. Mr.

Coleman became a Director in February 1994 and Chairman of the Board in 2004. Mr. Coleman is a

senior partner of the law firm of Norton Rose Fulbright. He is also a Director of several Canadian

companies in the natural resource sector. Mr. Coleman also serves as a Director of Great Basin Energies,

Inc. and MGC Ventures, Inc.

Victor Cantore

Mr. Cantore is currently the President and CEO, Director of Amex Exploration. Mr. Cantore is a seasoned

capital markets professional specializing in the resource and hi-tech sectors. He has more than 20 years

of advisory and leadership experience having begun his career in 1992 as an investment advisor and then

moving into management roles at both public and private companies. During his career he has organized

and structured numerous equity and debt financings, mergers and acquisitions, joint venture

partnerships and strategic alliances. Mr. Cantore serves on the boards of various companies both private

and public.

The Honorable, John D. Reynolds

Hon. Reynolds career includes substantial experience in venture capital development, consumer products

marketing, resource sector development and elected political office, both federal and provincial. Hon.

Reynolds was appointed as a member of the Queen’s Privy Council for Canada on February 6th, 2006. In

March, he was appointed as a Senior Strategic Advisor to McMillan LLP in Vancouver.

Marius Van Andel

Mr. Van Andel has a M.Sc. Agriculture and Doctoral Degree Economics from Erasmus University,

Rotterdam the Netherlands. He obtained his Juris Doctor degree from Queen’s University, Kingston,

Ontario. Mr. Van Andel has extensive international work experience in the Netherlands, Israel, and P.R.

China. Mr. Van Andel held positions with Peat Marwick Mitchell (now K.P.M.G.), University of Guelph,

Canadian Imperial Bank of Commerce and the University of Saskatoon, Saskatchewan. He also held

positions with the Nanjing Institute of Technology, Nanjing, P.R. China G&D Law Firm, Nanjing, P.R. China.

We are honored to have these distinguished individuals as advisors. They bring a wealth of talent,

experience, and leadership to Far Resources.

John Gammack

President and CEO

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ABOUT FAR

FAR Resources is a gold and silver exploration company focused in New Mexico USA. The Company owns

the Winston Project there, a historic mining property with the potential for Bonanza-grade silver and

gold. The property is steeped in history and historic samples, full data tables available at

www.farresources.com/investors/. Far Resources also has its ZORO Lithium Project, in CANADA, located

in the mining -friendly Snow Lake region of Manitoba and containing numerous known lithium deposits.

The Company also holds a 60% stake in the Hidden Lake Lithium Project in the Northwest Territories.

More information is available at Far's website: www.farresources.com.

Information Contact

John Gammack

President and CEO

Far Resources Ltd

+1 (604) 374-5561

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news

release and accepts no responsibility for the adequacy or accuracy hereof.