Forsys Metals Corp. and its subsidiary companies are engaged in the acquisition, exploration and development of mineral properties. The Company’s principal focus is on bringing its wholly owned Norasa Uranium Project (“Norasa”) into production. Norasa is the consolidation of the Valencia and Namibplaas Uranium Projects located in Namibia, Africa, a politically stable and mining friendly jurisdiction.
Forsys has completed a Definitive Feasibility Study that confirmed the robustness of Norasa’s economics with:
Definitive feasibility study by the numbers
NPV (Pre Tax)
Production per annum
“Forsys flagship Norasa uranium project is one of the very few uranium projects in the world that is construction ready with a mining licence.”
“The Company is well capitalised with a strong Board and management team and is well positioned to benefit from attractive mid and long-term sector dynamics.”
“Namibia is the fifth largest uranium producing country globally, mining-friendly jurisdiction with strong governmental support for the Norasa project and is a proven, low-cost producer of uranium.”
What is driving the uranium price higher?
Uranium in 2021: A guide to the commodity’s price
Plans for New nuclear Reactors worldwide