Forsys Completes Resource Estimate At Namibplass Uranium

Resource Investing 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.  

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