Forsys Metals has drilled 211 boreholes at its Norasa uranium project, reaching 20,597 metres since February 2024.
The Norasa Uranium Project comprises the Valencia Uranium deposit under mining licence 149 and the nearby Namibplaas Uranium deposit under EPL 3638 in the Namib Desert.
The program focused on three target areas: the Jolie Zone (~ 1 km north of Valencia Pit), Valencia West Extension, and Valencia South.
The objective is to expand and upgrade Valencia’s resources within and close to the central pit.
Drilling at the Jolie Zone includes an intercept of 308 ppm eU3O8 over 23 metres from 18 metres to 41 metres depth, while at Valencia West, all 37 drill holes intersected uranium mineralisation.
The best results include an intercept of 240 ppm eU3O8 over 58 metres from 157 to 215 metres depth.
Valencia Main Infill drilling aims to convert an existing 22 Mt indicated resource into a measured category.
To date, 10,836 metres of the planned 14,127 metres have been completed.
Infill drilling is planned to test down to the 650-metre elevation, with several holes terminating in high grades of up to 712 ppm eU3O8, many of which contain high grades from the collar to the end of the hole.
Forsys country director Pine van Wyk says the drilling results demonstrate good potential to expand and upgrade the resources to support the Norasa development strategy.
“The continuity of mineralization at Valencia West and Jolie Zone highlights opportunities to extend the potential mine life and enhance project economics,” van Wyk says.
