Forsys Metals Corp has reported strong uranium drill results from its extension and exploration programme at the Valencia deposit, part of the Norasa Uranium Project, according to a company statement.
Forsys said the programme is aimed at expanding and upgrading mineral resources within and adjacent to the Valencia Main Pit and has delivered significant results across several zones.
Since 2 September 2025, the company said it has processed 960 metres of downhole gamma survey data and generated 8,519 ICP assay results.
According to Forsys, infill drilling at Valencia Main focused on upgrading resources to the Indicated and Measured categories. The company highlighted drillhole VA24-127, which returned 64 metres averaging 333 ppm U₃O₈ from surface.
Forsys said that, since 2024, a total of 17,532 metres have been drilled across 209 drill holes at Valencia Main.
At Valencia South, Forsys said drilling tested the down-plunge extension south of the main deposit and returned multiple high-grade intersections, including 53.9 metres averaging 385 ppm U₃O₈ between 212 and 304 metres.
The company said drilling at Valencia West, comprising seven boreholes completed since February 2025, intersected strong mineralisation down dip and along strike. Forsys highlighted drillhole VA25-292, which returned 5 metres grading 682 ppm U₃O₈, and said this could extend the Valencia Main pit by approximately 150 metres to the west.
Commenting on the results, Forsys Country Director Pine van Wyk said the company was encouraged by outcomes from both the main deposit and surrounding targets.
“We are further encouraged by these results from both the Valencia Main deposit and its surrounding satellite targets. The extension and exploration drilling programme has concluded, and ongoing drilling has identified resource extension potential, while also improving our geological understanding of the deposit and confidence in the mineral resource,” van Wyk said.
Forsys said satellite targets also delivered encouraging results. According to the company, the Jolie Zone, located about 600 metres north of Valencia Main, intersected two sub-parallel mineralised intrusions with grades of up to 736 ppm U₃O₈ over 11 metres.
At Valencia East, Forsys said 35 boreholes totalling 3,838 metres have been drilled since 2024, returning intersections including 30.6 metres grading 186 ppm U₃O₈ and 7 metres grading 612 ppm U₃O₈.
The company said all drilling samples were analysed at SGS Laboratories in South Africa, with quality assurance and quality control procedures including certified reference materials, blanks and duplicates. Forsys added that 4% of samples were independently verified at UIS Laboratories.
According to Forsys, the results support ongoing resource definition and will inform future pit optimisation and mine planning.
