Forsys Metals Corp. Forsys is pleased to provide an update for the Company's Norasa Uranium project which comprises the deposits of Valencia Main and East, , under Mining Licence and Namibplaas under EPL-3638, . Highlights Forsys has undertaken a comprehensive review and update of all of the parameters for a Mineral Resource Estimate for the Norasa project using recent drill results together with the 2005-2011 previous [...]
Forsys Metals Corp. Forsys is pleased to provide assay results from the Valencia 2023 drilling programme, from Mining License -149 in the Erongo region of Namibia, which forms part of the Company's larger Norasa Uranium Project . Fifteen boreholes were drilled with a combined total of 2,684.44 metres . The objectives of the drill program were: geotechnical drilling, and logging and sampling for geo-mechanical testing for [...]
Forsys Metals Corp. is pleased to announce that the Ministry of Mines and Energy of the Republic of Namibia has renewed the Company's Namibplaas Exclusive Prospecting License - 3638, that forms part of its Norasa Uranium Project . This licence has been renewed for a further two years until February 2026. In September 2022 Forsys has also made an application to the Ministry to convert EPL-3638 to a full 25-year Mining [...]
Forsys has launched a broad-ranging initiative to reassess its 2015 Feasibility Study for its fully owned Norasa Project1 in Namibia. The Company sees potential to improve project economics by optimizing pit parameters and examining the potential of using heap leaching in mineral processing. The work program that began in mid 2023 and is anticipated to finish in mid 2024 includes the following components: 4,100 metre [...]
Forsys Metals is pleased to announce that in connection with the annual meeting of the Company`s shareholders, that was held virtually on June 30, 2023, and in accordance with TSX reporting requirements, the following voting results were obtained. A total of 118,091,079 common shares representing 60.507% of the Company`s issued and outstanding common shares were voted in connection with the Meeting. Shareholders voted in [...]
Forsys Metals Corp. is pleased to announce that it has obtained the renewal of the Environmental Clearance Certificate from the Ministry of Environment, Forestry and Tourism for the Company's Norasa Uranium Project located in Namibia, Africa. The Norasa Project is wholly-owned by the Company's subsidiary Valencia Uranium Ltd. and comprises the Valencia Uranium Project and the Namibplaas Uranium Project in the Erongo [...]
Forsys Metals Corp. is pleased to announce that it has commenced an updated drilling program at the Company's Norasa Uranium Project sites located in Namibia, Africa. The Norasa Project is wholly-owned by the Company's subsidiary Valencia Uranium Ltd. and comprises the Valencia Uranium Project and the Namibplaas Uranium Project in the Erongo region of Namibia. With the advancement of metallurgical, engineering and mining [...]
Forsys Metals Corp. is pleased to provide an update on strategic developments at the Company's Norasa Uranium Project located in Namibia, Africa. The Norasa Uranium Project is wholly-owned by the Company's subsidiary Valencia Uranium Ltd. and comprises the Valencia Uranium Project and the Namibplaas Uranium Project in the Erongo region of Namibia. A Definitive Feasibility Study was originally completed by Amec Foster [...]
Forsys Metals Corp. is pleased to announce that it has applied to the Ministry of Mines and Energy of Namibia for a 25 year mining licence to develop its Namibplaas uranium deposit as part of the Company's Norasa Uranium Project located in Namibia, Africa. The application was filed in the name of the Company's 100% owned subsidiary, Valencia Uranium Ltd. The Norasa Project comprises wholly owned uranium deposits situated [...]
Forsys Metals Corp. is pleased to provide an update on strategic developments at the Company's Norasa Uranium Project. The Company recently appointed Mr Pine van Wyk to lead the advancement of the Norasa Project and he has assembled a highly experienced local project team of geologists, process engineers and mining experts. Pine is a qualified Metallurgical Engineer with over 25 years' project experience in the African [...]
Forsys Metalsis pleased to announce that in connection with the annual meeting of the Company`s shareholders, that was held virtually on June 30, 2022, and in accordance with TSX reporting requirements, the following voting results were obtained. A total of 106,514,321 common shares representing 54.575% of the Company`s issued and outstanding common shares were voted in connection with the Meeting. Shareholders voted in [...]
Forsys Metals Corp. is pleased to announce that B2Gold Mining Investments Limited and B2Gold Namibia Limited has exercised its call option to increase its existing shareholding in Razorback Gold Mining Company Limited to 100% . Pending the completion of the exercise, Forsys currently owns a 51% interest in Razorback. Razorback holds the Ondundu Exclusive Prospecting Licence for base, rare and precious metal exploration [...]