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Forsys Metals Corp T.FSY

Alternate Symbol(s):  FOSYF

Forsys Metals Corp. is a Canada-based uranium developer. The Company is engaged in the business of acquiring, exploring and developing mineral properties which are located in Namibia, Africa. Its principal focus is on uranium and bringing the Norasa Uranium Project (Norasa), which combines the fully licensed Valencia Uranium deposit (ML-149) (Valencia) and the exploration stage Namibplaas Uranium (Namibplaas) projects, into production. The Company’s flagship project is Norasa, which includes the wholly owned Valencia project, which has a 100 % interest in the Namibplaas project under Exclusive Prospecting Licence (EPL-3638), and which is located 5 kilometers (km) northeast of Valencia. The Namibplaas is located 4.5 km northeast of the Valencia deposit on the farm Namibplaas 93, with a total surface area of 1,269 hectares (ha). The uranium mineralization at Valencia is hosted by granitic alaskite intrusions and a narrow halo within the immediate country rock contacts.


TSX:FSY - Post by User

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  • Goodtoreadthis1X
Post by Goodtoreadthis1on Mar 26, 2024 3:08pm
475 Views
Post# 35953708

Forsys Uranium drill results powerful

Forsys Uranium drill results powerfulThe company just announced drill read outs for 2023 for the uranium deposit they own in the mining friendly country of Namibia and they were very strong. So I bought a bunch more shares. The deposit is not only rich it will likely be an open pit mine which will easily be put into production. 
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