Forsys Metals (TSE:FSY) has released an update.
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Forsys Metals Corp. has announced promising interim results from its 2024 drilling program at the Norasa Uranium Project’s Valencia site, with a significant highlight being borehole VA24-022 which revealed an average uranium grade of 194 ppm over a 232-meter interval. The drilling efforts are part of a strategy to expand and upgrade the Valencia resources, with 60 boreholes planned in total and uranium mineralization already intersected in 22 holes. The company’s focus on extension drilling around the Valencia Main pit suggests potential growth of the known uranium deposit.
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