Forsys Metals Corp T.FSY

Alternate Symbol(s): FOSYF

Energy

Forsys Metals Corp. is a Canada-based uranium developer. The Company is engaged in the acquisition, exploration and development of mineral properties. It is focused on advancing its wholly owned Norasa Uranium Project, located in the jurisdiction of Namibia, Africa, which is wholly owned by its 100% owned operating subsidiary, Valencia Uranium (Pty) Ltd. The Norasa Uranium Project is comprised of the Valencia Uranium deposit (ML-149) and the nearby Namibplaas Uranium deposit (EPL-3638). The Valencia Uranium project is situated on the farm Valencia 122, which is located approximately 75 kilometers (km) north-east of the town of Swakopmund in central-west Namibia, covering an area of 735.6 hectares (ha). The Namibplaas Uranium project is located 7.5 km northeast of the Valencia deposit on the farm Namibplaas 93, with a total surface area of 1,269 ha.

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Forsys Metals Corp

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Post by fritz3on May 04, 2008 8:06am

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Post# 15035628

Forsys' Management and Discussion Analysis

Hi there,

Forsys has just released its Financial Statements and its Management and Discussion Analysis for the year ended January 31, 2008 (https://www.forsysmetals.com/financials.htm)

According to the MDA Forsys has filed the Environmental Impact Assessment (EIA) and the Environmental Management Plan (EMP) with the Directorate of Environmental Affairs (DEA), Ministry of Environment and Tourism (MET) of the Government the Republic of Namibia on April 25th, 2008. The mining licence should be issued very soon now.

And another interesting thing: Forsys placed orders for three rod mills and a crusher. So if there's anybody out there who's interested in a new near production uranium deposit, Forsys should be your choice!

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