Forsys Obtains Environmental Clearance Certificate Renewal for the Norasa Project, Namibia
21 Juni 2023 - 1:00PM
Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY)
(“Forsys” or the “Company”) is pleased to announce that it
has obtained the renewal of the Environmental Clearance Certificate
(ECC) from the Ministry of Environment, Forestry and Tourism for
the Company’s Norasa Uranium Project (“Norasa Project” or “Norasa”)
located in Namibia, Africa. The Norasa Project is wholly-owned by
the Company’s subsidiary Valencia Uranium (Pty) Ltd. (“Valencia
Uranium”) and comprises the Valencia Uranium Project (ML149)
("Valencia”) and the Namibplaas Uranium Project (EPL3638)
(“Nambiplaas”) in the Erongo region of Namibia.
The renewal of the ECC is a critical regulatory
approval lasting three years, for compliance with all environmental
requirements allowing the Company to further advance the
development plan for Norasa.
The ECC renewal process included an examination
of the Company's environmental management practices, incorporating
waste management, emissions controls, biodiversity protection, and
community engagement, among other factors.
The Company holds a 25-year Mining Licence
(ML-149) for its Valencia deposit, which is currently valid until
2033. A separate mining licence (ML-251) was applied for in
September 2022 for the Namibplaas deposit on the Company’s
EPL-3638.
About Forsys
Metals Corp.Forsys Metals Corp.
is a uranium focused development company with 100% ownership of the
Norasa project that comprises the Valencia and Namibplaas uranium
projects in Namibia, a politically stable and mining friendly
jurisdiction in southern Africa. Information regarding current
National Instrument 43‐101 compliant Resource and Reserves at
Valencia and Namibplaas are available on the Company website
forsysmetals.com.
On behalf of the Board of Directors of Forsys
Metals Corp. Richard Parkhouse, Director, Investor Relations.
For additional information please contact: Richard Parkhouse,
Director, Investor Relationsemail:
rparkhouse@forsysmetals.com email:
info@forsysmetals.com Phone: +44 (0) 7730 493432
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