FORSYS ANNOUNCES MAIDEN RESOURCE STATEMENT
Forsys Metals Corporation is pleased to announce that the Company
has completed its initial resource estimate, reported in accordance with the National
Instrument 43-101, for the Namibplaas uranium deposit in Namibia. The Company holds a
70% interest in the Namibplaas Project.
The Inferred Mineral Resource is reported for a range of cut-off grades. The deposit has a
strike length of 1,700 metres and a depth extent of at least 250 metres. The deposit is open to
the north, south and east and at depth.
The resource estimate was completed by Michael Andrew, a Principal of Optiro, a Perth-based
mining consultancy firm. Mr. Andrew has previously worked for Forsys in preparing the NI 43 -
101 resource estimate for the Valencia Project. The information in this report that relates to
Mineral Resources is based on information compiled by Dr. Roger Laine, the Company’s Chief
Geologist and reviewed by Mr. Michael Andrew who is a member of the AusIMM and a full
time employee of Optiro. The associated Technical Report will be filed under the Company’s
filings on SEDAR at www.sedar.com within 45 days of this news release.
For further information, refer to the announcement by Forsys Metal Corp. HERE