June 13, 2008 Mineralization Expansion and Grade Improvement at Valencia-Forsys Triples Drill Program TORONTO, ONTARIO--(Marketwire - June 13, 2008) - Forsys Metals Corp. ("Forsys" or the "Company") (TSX:FSY)(FRANKFURT:F2T)(NSX:FSY) is pleased to announce the second set of percussion drilling results from the 2008 exploration campaign at the Company's 100% owned Valencia Uranium Deposit ("Valencia"). Drilling in the Valencia Southwest Zone and Transition Zone has confirmed additional mineralization to further expand the Valencia resource. The second set of drilling in the Southwest Zone and Transition Zone consisted of 15 additional vertical holes, bringing the total current drilling campaign to 26 holes, of which all show uranium mineralization. Based on the excellent results received to date, the Company has approved an expansion of the drilling program from 10,000 m to 30,000 m. Results to date demonstrate the following: - Deposit expansion and grade improvement remains on track; - The ore body shows good mineralization below the current pit "cone", opening the Valencia main ore body to the south, southwest and southeast and at depth; - Due to higher uranium mineralization in PD-025, the ore body has potential to open towards the west; - PD-031 is well mineralized, opening the deposit at depth towards the north; - The ore body footprint at 325 m depth (380 m elevation) could have an east-west extension of 200 m wide by 300 m long as compared to the current pit bottom which is 45 m wide by 75 m long (June 2007 NI 43-101 Technical Report); - Holes encountered weak mineralization with grade above cut-off (0.06 Kg/T U308) from surface to high grade deep sections, which should reduce stripping cost. Selected higher grade results of the drilling in the Southwest Zone and the Transition Zone are shown in the tables below. Refer to the Company's website at www.forsysmetals.com for the complete set of results for all 15 drill holes. Table 1: Southwest Zone Highlights --------------------------------------------------------------------- From To Interval Grade Hole (m) (m) (m) (Kg/T eU3O8)(i) --------------------------------------------------------------------- PD-012 98.90 346.20 247.30 0.170 Including 274.50 346.00 71.50 0.256 --------------------------------------------------------------------- PD-019 122.00 162.80 40.80 0.232 267.00 341.70 73.90 0.250 --------------------------------------------------------------------- PD-023 206.10 298.10 92.00 0.157 Including 206.10 238.80 32.70 0.208 --------------------------------------------------------------------- PD-024 62.90 375.60 312.60 0.191 Including 62.90 95.00 32.10 0.288 Including 96.10 137.60 41.50 0.255 Including 204.30 223.10 18.80 0.297 Including 253.50 270.00 16.60 0.313 Including 310.70 319.20 8.50 0.320 --------------------------------------------------------------------- PD-025 225.60 324.20 98.60 0.384 Including 225.60 295.50 69.90 0.474 Including 247.50 295.10 47.60 0.539 --------------------------------------------------------------------- Table 2: Transition Zone Highlights --------------------------------------------------------------------- From To Interval Grade Hole (m) (m) (m) (Kg/T eU3O8)(i) --------------------------------------------------------------------- PD-013 10.6 289.3 278.7 0.122 Including 61.80 81.50 19.70 0.319 Including 262.10 291.40 29.30 0.214 Including 324.10 346.60 22.50 0.200 --------------------------------------------------------------------- PD-018 267.80 322.70 54.90 0.297 Including 269.60 300.80 31.20 0.381 --------------------------------------------------------------------- PD-020 0.00 50.80 50.80 0.109 51.50 58.80 7.30 0.847 70.70 108.60 37.90 0.164 110.60 169.70 59.10 0.204 172.70 265.70 93.00 0.189 --------------------------------------------------------------------- PD-022 4.50 66.70 62.20 0.177 69.30 101.90 32.60 0.147 132.00 189.50 57.50 0.145 226.50 230.80 4.30 0.263 --------------------------------------------------------------------- PD-026 9.60 140.00 130.40 0.194 207.10 304.90 97.80 0.185 Including 253.00 292.60 39.60 0.229 --------------------------------------------------------------------- PD-031 158.40 337.30 178.90 0.192 Including 161.20 199.20 38.00 0.203 Including 210.60 231.00 20.40 0.215 Including 239.40 244.90 5.50 0.222 258.40 305.40 47.00 0.309 Including 264.70 292.00 27.30 0.425 --------------------------------------------------------------------- (i) The results in this news release are reported as equivalent U308 ("eU308"). The Company has calculated a correlation between grade thickness product of gamma counts (counts per second) collected by down hole geophysical methods and the grade thickness product of chemical assays from the Company's drill hole library (otherwise known as GT Chem and GT Rad). That correlation has been established with over 100 GT intervals and is used to calculate eU308 in the percussion drill holes from gamma probe survey with a resulting correlation coefficient of 0.99 (estimation of confidence level). Results from holes 21 and 27 through to 30 are pending, and will be reported in upcoming news releases. Dr. Roger Laine, Chief Geologist 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. On Behalf of the Board of Directors of Forsys Metals Corp Duane Parnham, President and CEO For further information visit our web site at www.forsysmetals.com. Sedar Profile #00008536 Forward-Looking Information This press release contains "forward-looking information" including statements and information regarding exploration results. Such forward-looking information reflects the current expectations or beliefs of the Company. Forward-looking information is subject to a number of risks, assumptions and uncertainties that may cause the actual results of the Company to differ materially from those discussed herein, including the possibility that future exploration results will not be consistent with the announced results or the Company's expectations, the resource/reserve and grade of the ore body may not be upgraded, the uncertainties involved in interpreting exploration results and other inherent risks in the mineral exploration and development industry. Such forward-looking information speaks only as of the date on which it is made and, unless required by applicable securities laws, the Company undertakes no obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Shares Outstanding: 77,076,898 The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION: Forsys Metals Corp. Bruce Hall Chief Communications Officer (905) 844-4646 Email: bhall@forsysmetals.com or In Namibia Forsys Metals Corp. +264 61 219 462 Email: wrn@forsysmetals.com Website: www.forsysmetals.com INDUSTRY: Manufacturing and Production - Mining and Metals