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Forsys Metals shares rise 10% on updated resource estimate

Stockhouse Editorial
0 Comments| September 28, 2012

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Forsys Metals (TSX: T.FSY, Stock Forum) Friday said it has completed an updated resource estimate, reported in accordance with National Instrument 43-101, for its wholly-owned Namibplaas Uranium Project in Namibia. Highlights included a Consolidated Measured and Indicated resource of 93.9 million pounds of U3O8 grading 175ppm, using a 100ppm cut-off. Forsys Metals shares moved up 10% to 68 cents.



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