Forsys Metals Corp.

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY) (“Forsys” or the “Company”) Forsys is pleased to provide assay results from the Valencia 2023 drilling programme, from Mining License (“ML)-149("Valencia”) in the Erongo region of Namibia, which forms part of the Company’s larger Norasa Uranium Project (“Norasa¹”). Fifteen boreholes were drilled with a combined total of 2,684.44 metres ("m") (Figure 1). The objectives of the drill program were: geotechni...

TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY) (“Forsys” or the “Company”) is pleased to announce that the Ministry of Mines and Energy of the Republic of Namibia (“Ministry”) has renewed the Company’s Namibplaas Exclusive Prospecting License (“EPL”)– 3638, that forms part of its Norasa Uranium Project (“Norasa1”). This licence has been renewed for a further two years until February 2026. In September 2022 Forsys has also made an application to the Mi...

TORONTO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Forsys has launched a broad-ranging initiative to reassess its 2015 Feasibility Study (“FS”) 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 (“m”) drilling program aimed at enhancing geotechnical assessments and obtaining fresh ore...