Forsys vor MEGEHYPE !!
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Thursday September 14, 9:38 am ET
TORONTO, ONTARIO--(CCNMatthews - Sept. 14, 2006) - Forsys Metals Corp. ("Forsys" or the "Company")(TSX VENTURE:FSY - News) is pleased to report analytical results for three additional Main Zone drill holes; VA26-110, VA26-112, and VA26-114, from the Company's Valencia Uranium deposit ("Valencia"), located in Namibia. Valencia has an initial National Instrument 43-101 ("NI 43-101") compliant resource of 32 million tonnes grading 0.22 kg/t U3O8 (Greenway, 2005) and is located 35 km east of Rio Tinto's operating Rossing Uranium mine (less than 0.30 kg/t U3O8; Rossing 2005).
The three holes are part of the Company's pre-feasibility stage of drilling at Valencia. The drilling component of the program was completed several weeks ago but geological work on the drill core is continuing. Results for the remaining holes, including four holes drilled in the East Zone, will be reported as they are received.
Drill hole VA26-110 intersected two thick zones of uranium mineralization in the central portion of the deposit:
- 29.07 m grading 0.236 kg/t U3O8 from 246.47 m to 275.54 m. (Including 2.91m grading 0.522 kg/t U3O8) and,
- 80.45 m grading 0.215 kg/t U3O8 from 282.78 m to 363.23 m. (Including 1.42m grading 0.614 kg/t U3O8)
Drill hole VA26-112 intersected a thick zone of uranium mineralization in the central portion of the deposit:
- 84.74 m grading 0.332 kg/t U3O8 from 38.35 m to 123.09 m. (Including 14.12 m grading 0.521 kg/t U3O8) and, (Including 25.73 m grading 0.404 kg/t U3O8)
Drill hole VA26-114 intersected uranium mineralization in the north-west central portion of the deposit. This interval is close to the northern edge of the deposit:
- 10.03 m grading 0.231 kg/t U3O8 from 42.42 m to 52.45 m.
In addition, the "measured block" reverse circulation ("RC") drilling program is ongoing with 92 holes (7354 m) of a scheduled 160 holes now complete. A second RC drill rig is now on site and the drilling program should be completed within six to eight weeks.
Analytical results are reported to Forsys by Set Point Laboratories, located in Johannesburg, South Africa. Set Point was unconditionally accredited by the South African National Accreditation System (SANAS) for the uranium pressed pellet technique (M053) on May 4, 2006. Forsys is also managing an intensive quality control program designed to monitor and independently verify the laboratory results.
Rick Bonner, P. Geol., Exploration Manager of Forsys, is the designated Qualified Person responsible for all of Forsys' exploration programs as well as the person responsible for the contents of this news release.
Shares Outstanding: 46,928,401
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
Trotzdem liegt hier eine massive Unterbewertung gegenüber vergleichbaren Uranexplorern vor. Ich denke es gibt hier noch massives Potential nach oben.
USA Chart:
http://www.peketec.de/charts.php?_54=1
TORONTO, ONTARIO--(CCNMatthews - Dec. 14, 2006) - Forsys Metals Corp. ("Forsys" or the "Company")(TSX:FSY) is pleased to announce the discovery of outcropping high grade uranium-bearing alaskite granite approximately 1500 metres north of the Valencia Main Zone, on the Company's Valencia Uranium Property, located in west central Namibia, Africa.
The new "Joly Zone", named after the discoverer, is comprised of an approximately 1000 m x 25 m wide dyke. This zone was mapped radiometrically as part of the full coverage survey of the Company's Uranium Mineral Deposit Retention Licence (the "Licence"). A suite of geophysical surveys were carried out over the Licence to aid the Company with its mine planning model for the Valencia Main Zone. The radiometric survey was followed up by prospecting, resulting in the collection of 19 grab samples over the new zone. There is no evidence of any previous exploration or drilling on this zone.
Table 1: Analytical Results of Grab Sampling, Joly Zone - Valencia Property
Sample U3O8 Description
kg/t
HZ01 5.146 pink granite with high biotite, uranium staining, large
outcrop
HZ02 0.549 as above with assimilated schist
HZ03 0.069 granite veins with large biotite flakes
HZ04 0.975 pink granite with high biotite
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HZ05 2.179 pink granite with high biotite
HZ06 5.705 rust red granite
HZ07 0.725 rust red granite pegmatite
HZ08 0.167 rust red granite pegmatite
HZ09 3.040 rust red granite pegmatite dyke, 10m wide exposure
HZ10 0.747 white pegmatite granite with large biotite flakes
HZ11 0.298 as above
HZ12 0.733 quartz rich granite vein
HZ13 0.960 coarse grained pink granite
HZ14 4.229 very coarse grained granite
HZ15 0.698 quartz rich granite vein
HZ16 0.090 red pink coarse grained granite with high biotite content
HZ17 0.341 outcrop with secondary uranium, rust red with biotite
HZ18 0.097 rust red coarse grained granite with high biotite content
HZ19 0.025 assimilated schist with foliated granite, better cps in
the mafic horizons
Management of the Company is very encouraged with the results of the 19 "grab" samples. Follow up exploration work will begin in mid-January, 2007, on this new zone. The work will comprise geological mapping, additional sampling and drill road construction to facilitate a diamond drilling program expected to start in late-February, 2007.
Analytical results are reported to Forsys by Set Point Laboratories, located in Johannesburg, South Africa. Set Point was unconditionally accredited by the South African National Accreditation System (SANAS) for the uranium pressed pellet technique (M053) on May 4, 2006. Forsys is also managing an intensive quality control program designed to monitor and independently verify the laboratory results.
Rick Bonner, P. Geol., Exploration Manager of Forsys, is the designated Qualified Person responsible for all of Forsys' exploration programs as well as the person responsible for the contents of this news release.
Shares Outstanding: 47,379,700
ich hoffe heute komme ich noch mit einem Blauen Auge davon:))
das wäre um 0,55?
http://www.goldinvest.de/public/data/documents/1112200612181…