Forsys Metals Corp. announced 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 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.