Forsys Metals Corp
TSX : FSY
FRANKFURT : F2T

Forsys Metals Corp

March 22, 2006 09:00 ET

Forsys Cancels Albert Creek Property Option

TORONTO, ONTARIO--(CCNMatthews - March 22, 2006) - Forsys Metals Corp. (the "Company" or "Forsys")(TSX VENTURE:FSY) announces that, after reviewing all available data, it has cancelled its option to acquire a 51% interest in the Albert Creek Property. The option was granted pursuant to an option agreement entered into between the Company and Logan Resources Ltd. dated April 15, 2004, as amended by an Amendment Agreement dated July 16, 2004.

Forsys Metals Corp. is an innovative exploration company in the business of advancing high value advanced stage projects in Namibia, Africa.

For further information on the Company or the Valencia Uranium project please contact the Company at 416.601.1286 or visit http://www.forsysmetals.com.

Shares Outstanding: 43,267,788.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

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