Latest Forsys Metals Corp. (FOSYF) Headlines
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Forsys Increases Grade & Reserves by 30% at Higher Cut-Offs for Its Norasa Uranium Project
Marketwire - Tue Feb 11, 6:01AM CST
Forsys Metals Corp (TSX: FSY) (FRANKFURT: F2T) (NAMIBIAN: FSY) ("Forsys" or the "Company") is pleased to announce it has completed an updated Mineral Reserve estimate for its 100% owned Norasa Uranium Project ("Norasa") located in Namibia. Norasa is a consolidation of the Company's Valencia Main, satellite pits and Namibplaas deposits. The new Reserve statement is based on the revised and upgraded Resources presented in October 2013 and the results of ongoing technical studies.
Forsys Provides Updated Mineral Resource Estimate for Its Norasa Uranium Project
Marketwire - Mon Oct 07, 6:01AM CDT
Forsys Metals Corp ("Forsys" or the "Company") (TSX: FSY)(FRANKFURT: F2T)(NAMIBIAN: FSY) is pleased to announce it has completed an updated Mineral Resource estimate for its 100% owned Norasa Uranium Project ("Norasa") located in Namibia. Norasa represents a consolidation of the Company's deposits, including Valencia main and satellite pits and Namibplaas. The updated resource estimate is based on an extensive drilling program at the Namibplaas and Valencia extension deposits, together with a detailed modelling review of the main Valencia deposit.
Forsys Announces Results of Positive Engineering Cost Study for Its Valencia Uranium Processing Plant
Marketwire - Thu May 02, 6:01AM CDT
Forsys Metals Corp (TSX: FSY)(FRANKFURT: F2T)(NAMIBIAN: FSY) ("Forsys" or the "Company") is pleased to announce the completion of an Engineering Cost Study ("ECS") on its planned Valencia process plant for the Company's consolidated Norasa uranium project in Namibia. The ECS, which was completed by the Perth office of leading engineering group, AMEC Australia Pty Ltd ("AMEC"), confirms the Company's focus on optimizing the Norasa project's economics. Completion of the ECS is a significant milestone on the path to completion of a NI 43-101 Feasibility Study, which is expected before the end of 2013.
Forsys Reports Positive Exploration Drilling Results and Confirms Higher Recoveries from Metallurgical Testwork
Marketwire - Tue Mar 19, 6:01AM CDT
Forsys Metals Corp ("Forsys" or the "Company") (TSX: FSY)(FRANKFURT: F2T)(NAMIBIAN: FSY) today announced further positive drilling results at the Norasa Uranium Project ("Norasa") from an extension exploration program on the Company's fully permitted Valencia Mining Licence 149 ("ML 149") in Namibia, Africa. The drilling program was completed on the Company's recently discovered deposit, "Valencia East" which is located 500 metres northeast from the planned Valencia production pit (see Figure 1). Initial drilling activities commenced on 20 November 2012 and 15 percussion holes completed before year-end. This release reports on an additional 30 percussion drill holes completed in Q1 2013. The total metres drilled in this phase were 3,185 meters and a total of 5,436 metres have been drilled since the drilling program commenced.
Significant New Exploration Results at Recently Discovered Valencia East Extension
Marketwire - Wed Jan 23, 2:56PM CST
Forsys Metals Corp ("Forsys" or the "Company") (TSX: FSY)(FRANKFURT: F2T)(NAMIBIAN: FSY) is pleased to announce positive drilling results from an extension exploration program on the Company's fully permitted Valencia Mining Licence 149 in Namibia, Africa. The new discovery, "Valencia East" is located 500 metres northeast from the planned Valencia production pit (see Figure 1). Since November 20, 2012 the Company has completed a total of 15 percussion drill holes for a total of 2,250 metres.