Forsys Metals Corp. is an advanced stage explorer with world-class assets under development in Namibia, Africa. The company has the capability to capitalize on attractive mid and long-term uranium sector dynamics by focusing on enhancing the wholly owned Valencia Uranium Project. Forsys through an extensive exploration program is also focued on expanding uranium resources at its Namibplaas Uranium project which is located 7 kilometres northeast of the Valencia Uranium Project.

The company’s wholly owned Valencia Uranium Project has NI 43-101 compliant reserves of 60.5M lbs. of uranium with an average grade of 156ppm (cut-off 60 ppm) and has a 25 year mining licence (ML149) which is one of the few licences granted in Namibia.