Forte Energy NL
LSE : FTE

June 17, 2009 02:00 ET

Firawa Uranium Project - Final Assays Received

                                                                                                                    
                                                                                                     FORTE ENERGY NL
                                                                                                     ACN 009 087 852
                                                                                     ASX CODE:  FTE,  AIM CODE: FTE,
                                                                      Telephone: +618 9322 4071, Fax: +618 9322 4073
                                                                                                                    
                                                                                                                    
                                                                                          ASX, AIM and Media Release
                                                                                                        17 June 2009
                                                            
                                      FIRAWA URANIUM PROJECT: FINAL ASSAYS RECEIVED
                                                            
                            INITIAL JORC RESOURCE TO BE FINALISED IN APPROXIMATELY TWO WEEKS

*   All  assay results now received from resource drilling completed in January at Firawa Uranium Project, West
    Africa

*   Results  from  the final 36 samples have led to improvements in several of the intercepts of U3O8  reported
    previously, with final results for the 10 affected holes as follows:

      Drill Hole     Start (m)  Intersection Length (m)         Avg U3O8 (ppm)    Maximum 1m Section U3O8  (ppm)
            core                                                           
               
             105            22                      74                    385                             1,434
             106            43                      15                    910                             1,404
             107            23                      21                    418                               847
             108            30                      55                    392                             1,510
             120            25                      14                    266                               759
             121             4                      14                    471                               864
             122            15                      77                    249                             1,043
             131            43                      21                    432                             1,269
             151            43                      58                    775                             1,546
             152            23                      72                    297                             1,163

*   Preparation of initial JORC Code-compliant resource for Firawa on track to be finalised in approximately two
    weeks

International  uranium  company Forte Energy NL (ASX: FTE, AIM: FTE; "Forte") is pleased  to  advise  that  it  has  now
received  all  outstanding laboratory assay results from the 5,800 metre resource drilling programme undertaken  earlier
this  year  at the Company's Firawa Uranium Project, located in the Republic of Guinea, West Africa. As expected,  these
final assays have led to improved grades for the affected holes.

The  drilling programme, which was completed in January, followed on from initial drilling at the project in  May  2007,
which  identified a potentially significant zone of uranium mineralisation over a 2km strike length. This zone  was  the
subject  of  the recently completed resource drilling programme which has returned excellent grades and widths  of  U3O8
(see Table 1 below for full results).

A  total  of 56 diamond core holes were drilled to depths of between 80 and 154 metres, generally inclined at  50 degrees.  
The holes  were  largely  targeted  at mineralisation hosted in deep lateritic clays present  along  a  tectonic
structure, although  several  holes  also  intersected mineralisation in the underlying alkaline and strongly
cataclastic  granite bedrock.

Forte,  through  its  mining consultants Coffey Mining, remains on schedule to prepare the initial  JORC  Code-compliant
uranium  resource  statement  for  Firawa in approximately two weeks, with all data from  both  the  May  2007  drilling
programme and the recently completed drilling incorporated into the study.

The  Firawa  Project  is  the  most advanced of Forte Energy's three uranium exploration  projects  in  Guinea  and  the
delineation  of  a maiden uranium resource estimate is an important step towards the Company's ultimate development  and
production goals.







Mark Reilly
Managing Director


RFC Corporate Finance - Nomad
Stuart Laing Tel: +618 9480 2506

Fairfax I.S. PLC - UK Broker
Ewan Leggat / Laura Littley Tel: +44 207 598 5368

Conduit PR
Jos Simson/Ed Portman
+44 (0) 207 429 6603


Note:

The  information in this report that relates to exploration results in West Africa is based on information  compiled  by
Mr.  Bosse  Gustafsson,  who  is  a member of the European Federation of Geologists a Recognised  Overseas  Professional
Organisation  ("ROPO"). Mr Bosse Gustafsson is a full time Technical Director of Forte Energy NL and is responsible  for
exploration activities in Mauritania and Guinea. Mr Gustafsson has sufficient experience, which is relevant to the style
of mineralisation and the type of deposit under consideration and to the activity, which he is undertaking to qualify as
a  Competent Person as defined in the 2004 Edition of the 'Australian Code for Reporting of Exploration Results, Mineral
Resources  and  Ore  Reserve'. Mr Gustafsson consents to the inclusion in this report of  the  matters  based  on  their
information in the form and context in which it appears.


About Forte Energy

Forte  Energy  is an emerging international uranium company focused on the exploration and development of a high-quality
portfolio  of uranium assets in the Republics of Mauritania and Guinea, West Africa. These assets have the potential  to
develop as long-life uranium production projects, representing a significant new strategic source of uranium supply  for
world markets.

Forte is progressing its Mauritanian assets through a Strategic Alliance and Cooperation Agreement with the French-based
multinational  industrial  and nuclear energy giant, Areva NC, a global expert in nuclear energy.  Areva  also  holds  a
strategic 15% equity interest in Forte Energy.

Under this agreement, Forte Energy has access to Areva's extensive uranium exploration database in Mauritania as well as
technical cooperation and on-ground support from Areva in advancing the exploration and evaluation, in particular of the
rapidly emerging Bir En Nar Uranium Project, located in the Zednes region of northern Mauritania.

Forte Energy and Areva have agreed to establish a joint venture to develop the Company's Mauritanian assets if a minimum
60-80 million pounds of JORC Code compliant inferred uranium resources are established within the next two years.

Forte  Energy's  growth  strategy in the international uranium industry is being driven by  an  accomplished  Board  and
management team focused on maximising shareholder value and returns.


To view Fig. 1-Map showing location of drill holes in Firawa, please open the following link in a new window:
http://media3.marketwire.com/docs/Figure_1_Firawa_Map.pdf

To view Table 1-Full Firawa resource drilling results (intercepts > 200ppm U3O8), please open the following link in a 
new window:
http://media3.marketwire.com/docs/Table1_Full_Firawa.pdf

Contact Information

  • Forte Energy NL