Forsys Metals Corp. has initiated a 12,500-metre drilling programme at its Namibplaas uranium property, marking a critical step toward upgrading the resource classification at the Namibplaas deposit and expanding the broader Norasa Uranium Project.
The TSX-, NSX-, and FSE-listed company, through its wholly owned subsidiary Valencia Uranium (Pty) Ltd., secured full regulatory and statutory clearance to access Portion-1 of Farm Namibplaas No. 93, which was acquired in December 2024.
The drilling effort comprises 64 holes across two key targets—Area B and Area A—under Exclusive Prospecting Licence (EPL-3638).
Namibplaas, located approximately three kilometres northeast of the Valencia deposit (ML-149), is one of two contiguous uranium assets comprising the Norasa Uranium Project.
Valencia holds a 25-year mining licence valid until 2033, renewable under Namibian mining regulations.
Resource upgrade and exploration strategy
The company’s primary focus in Drill Target 1 (Area B) is to upgrade the existing Namibplaas uranium resource from the Inferred to Measured and Indicated categories. A total of 44 drill holes—covering approximately 9,350 metres—have been planned to reduce drill spacing and enhance data quality by increasing the number of XRF-assayed samples, which gamma-only readings have historically outnumbered.
Twelve additional drillholes, amounting to approximately 1,915 metres, will also be conducted for geotechnical and geometallurgical analysis to support further development and metallurgical planning.
Discovery potential at Anomaly-A
A further eight holes—approximately 1,000 metres—will test Drill Target 2 (Area A), a zone previously untouched by drilling despite its firm surface radiometric signature.
This anomalous area, located 2 kilometres west of the known Namibplaas resource, has exhibited high thorium concentrations in surface samples.
Forsys intends to test for subsurface uranium mineralisation beneath the thorium-enriched granitic outcrops, which are geologically similar to those at Valencia and Anomaly-B.
Initial reconnaissance drilling will probe depths beyond 50 metres in rugged terrain, requiring preparatory road construction and mobilisation of drilling equipment.
Independent oversight and geological assurance
The drilling campaign and data interpretation are being supervised by Dr. Guy Freemantle of The MSA Group, who is the designated Qualified Person for the Norasa Project under Canadian NI 43-101 regulations.
Dr. Freemantle brings over 14 years of experience in economic geology and has endorsed the technical disclosures related to this phase of exploration.
Strategic positioning in Uranium-Friendly Namibia
The Norasa Project, combining the ML-149 and EPL-3638 licences, offers proximity synergies and scale advantages that are likely to benefit from the country’s investor-friendly policies and growing global interest in uranium as a clean energy source.
