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    Forsys Completes Resource Estimate At Namibplass Uranium

    Investing News Network
    Sep. 28, 2012 08:30PM PST
    Company News

    Forsys Metals Corp. (TSX:FSY,FWB:F2T,NAMIBIAN:FSY) announced a completed resource estimate for its Namibplaas uranium project in Namibia.

    Forsys Metals Corp. (TSX:FSY,FWB:F2T,NAMIBIAN:FSY) announced a completed resource estimate for its Namibplaas  uranium project in Namibia.

    As quoted in the press release:

    • At a 100ppm cut-off a Consolidated Measured and Indicated Resource of 93.9 million lbs. of U3O8 grading 175ppm, inclusive of an updated Namibplaas Indicated Resource of 33.4 million lbs. of U3O8 grading 152ppm.
    • From commencement of the Namibplaas exploration program in 2008, the Company has completed a total of 33 diamond drill holes and 529 percussion drill holes; for a total of 120,124 metres (8,220 metres of diamond drilling and 111,904 metres of percussion drilling).
    • Confirmation of two significant Namibplaas high-grade zones that will be the focus of pit design optimization.

    Click here to read the Forsys Metals Corp. (TSX:FSY) press release.  

    tsx:fsyforsys metals corpforsys metals
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