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Latest News
Management Information Circular
May 1, 2009
Forsys Increases Valencia Reserve By 68% and Further Updates Resource
April 27, 2009
Forsys Receives Unconditional Court Approval for Second
Amendment Agreement With Gfi
April 2, 2009
Forsys Signs Second
Agreement With GFI
Latest Financials
Three Months Ended March 31, 2009
MD&A March 31, 2009
Latest Media
2007
Annual Report
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Advancing High Value Uranium and
Non Uranium Projects in Namibia, Africa
Forsys Metals bringing Valencia Uranium into
production.
Forsys Metals Corp is an innovative uranium development Company focused on
creating shareholder value by developing uranium assets in Namibia, Africa.
The Valencia Uranium Deposit, the Company’s flag ship project, is 100% owned
and is one of only a handful of new uranium projects around the globe that
is scheduled for production in next couple of years. Valencia’s robust financial model
underpins our strategic position to participate in an energy sector that is
enjoying very positive long-term fundamentals.
As announced in our news release dated August 21, 2008, the Company received our Mining Licence No. 149 for the Valencia project.
Granting of the Mining Licence is the most significant milestone in the development of Valencia,
and is only the second Licence to be granted within the last few decades in Namibia.
The Company holds five additional uranium licenses in the region, solidifying a
pipeline of uranium projects far into the future. Exploration on
these uranium projects, which are near to Valencia, has uncovered high grade
uranium mineralization that appears to be very promising; additional exploration
on these as well as other areas is ongoing. With an ever
increasing requirement for uranium combined with extremely positive industry
fundamentals, Forsys offers excitement to increase shareholder value by
bringing Valencia into production while providing organic growth with new
discoveries.