Forsys Metals’ latest drilling returned a 64-metre uranium intersection from surface grading 333 ppm U₃O₈ at the Valencia deposit in Namibia, reinforcing continuity of mineralisation and the potential to expand the planned main pit at the Norasa Uranium Project.
The intercept was recorded in drillhole VA24-127 and forms part of an infill and extension drilling programme aimed at improving geological confidence within and adjacent to the Valencia central pit.
Forsys Metals said the results support ongoing work on pit optimisation and mine planning at one of Namibia’s most advanced undeveloped uranium assets.
Since its previous update in September 2025, the company has logged and processed an additional 960 metres of downhole gamma survey data, alongside 8,519 ICP laboratory assay results.
Uranium mineralisation has been intersected across both infill and resource extension drilling, confirming continuity within the main deposit and identifying additional mineralised zones around the pit margins.
Infill drilling at Valencia Main has focused on upgrading resources into the indicated and measured categories.
A total of 17,532 metres across 209 drill holes has now been completed at the deposit since 2024.
Forsys said the latest results continue to demonstrate scope to enhance both tonnage and grade within the proposed pit footprint.
Drilling at Valencia South targeted the down-plunge extension of the main deposit.
Multiple mineralised intersections were recorded at depth, indicating potential to increase and upgrade resources in this area of the orebody.
At Valencia West, drilling intersected uranium mineralisation down dip, along strike and near surface, establishing geological continuity with the Valencia Main resource.
Forsys said the drill spacing achieved in this zone may be sufficient to incorporate it into the existing indicated resource, potentially extending the planned pit by about 150 metres to the west.
Encouraging results were also returned from satellite targets.
At the Jolie Zone, located about 600 metres north of Valencia Main, drilling identified two sub-parallel mineralised intrusions separated by roughly 50 metres. Mineralisation has been inferred over a strike length of approximately 350 metres, which the company said enhances the potential for additional mineral resources.
At Valencia East, infill and extension drilling intersected uranium mineralisation within and beyond the current resource model boundaries.
The results indicate continuity along strike and down dip, supporting efforts to upgrade the historical resource to the indicated category while identifying further mineralised extensions.
Forsys country director, Pine van Wyk, said the drilling results had strengthened confidence in both the main deposit and the surrounding targets.
“The results improve our geological understanding of the Valencia system and increase confidence in the mineral resource,” he said.
The extension and exploration drilling programme has now concluded.
Forsys said the results will be incorporated into updated geological and resource models for Norasa, which combines the Valencia and Namibplaas deposits and remains central to Namibia’s future uranium development pipeline.
