Forte Energy NL

February 04, 2010 02:00 ET

Bir En Nar Resource Drilling Update, Mauritania

                                                                                         FORTE ENERGY NL
                                                                                         ACN 009 087 852
                                                                                       ASX/AIM CODE: FTE
                                                          Telephone: +618 9322 4071, Fax: +618 9322 4073
                                                                               ASX, AIM and Media Release
                                                                                         4 February 2010

                            Bir En Nar Resource Drilling Update, Mauritania

    *   Bir En Nar diamond core resource drilling program nearing completion

    *   Preliminary field results are in line with previous exploration results

    *   Field results and observatrions giving improved understanding of composition of Bir En Nar uranium

    *   Resource statement planned for Q1, subject to receiving assay results

    *   6,000m R/C drilling program of 10 uranium anomalies around Bir Moghrein commencing 15 February

International uranium company Forte Energy NL ("Forte Energy" or "The Company") (ASX/AIM: FTE) is  pleased
to provide the following update in relation to its resource diamond core drilling program which is nearing
completion at its Bir En Nar Uranium Prospect in Mauritania.

Much  of  the  current  drilling program is infill drilling in order to increase the density  of  drilling
results sufficient to enable a resource calculation. While the Company is experiencing delays in obtaining
initial  assay  results,  it  is  reassured  by  the preliminary  field  results  obtained  from  handheld
scintillometers  which  indicate that grades from the current drilling are likely to  be  consistent  with
those from the initial R/C (Reverse Circulation) drilling program carried out in 2007.

To  view  Fig.1 Forte Energy's exploration permits in Mauritania, please open the following link in  a  new

The  Bir En Nar prospect is a 900 metre long radioactive zone averaging 50-70 metres in width and following
a  tectonic structure in a north-west to south-east direction. A smaller parallel zone occurs a few hundred
metres to the south-west.

The  planned initial program of around 4,600m of priority holes was completed in early January 2010 at  the
Bir  En  Nar  prospect.  However, it was decided to proceed with an additional 7  drillholes  in  order  to
complete a more extensive 35 x 35 metre sampling grid to enable a resource classification down to  a  depth
of 100 metres. Drilling of these additional holes is nearing completion.

To  view  Fig.2  Resource drilling program at Bir En Nar, please open the following link in a  new  window:

Incorporating  the  results  from  the  2007  R/C  drilling  together  with  the  field  observations   and
scintillometer readings from the current diamond core drilling has enhanced the Company's understanding  of
the lithology of the Bir En Nar prospect.

Logging  and mapping of this information allows for the vein size, location and direction to be  estimated.
This  indicates  several things:  firstly that depth extent is continued as new holes are  drilled  deeper,
secondly that veins or alteration zones appear to be deeper than originally thought and thirdly that  there
are actually multiple veins.

Several  cross  sections of the main target area have been prepared. These are preliminary  interpretations
and  will be refined further as results from downhole radiometric logging and chemical assays are received.
Descriptions of the different zones are given following the cross-section images.

To  view  Fig.3 Cross-section through BNR01 at Bir En Nar, please open the following link in a new  window:

To  view  Fig.4 Cross-section through BNR04 at Bir En Nar, please open the following link in a new  window:

To  view  Fig.5 Cross-section through BNR35 at Bir En Nar, please open the following link in a new  window:

To  view  Fig.6 Cross-section through BNR41 at Bir En Nar, please open the following link in a new  window:

QBGC.  The  quartz  biotite granite coarse type is located on the north-west part of the structure.  It  is
highlighted by the biotite blastes and the orientated fabric. It is the host rock of the mineralisation  on
the north-west part of the structure.

BNGC  .  Bir  En Nar coarse granite is located on the central and south-east part of the structure.  It  is
highlighted by plagioclase blastes and more echigranulare grains and weak orientated fabric. It is the host
rock for the mineralisation on the central and south-east part of the structure.

BNGG.  This  is  located on the north part of the western structure and is highlighted by the  disseminated
garnets and tourmaline.

BNGM.  Bir En Nar granite medium grains is a medium granite usually pink colour and is highlighted  by  the
low  content on biotite and quartz. This granite intrudes the other types of granite and may be the  engine
for  the  mineralisation. It may represent younger granite or the result of the albitic  alteration  front.
Some of the mineralisation is host on this type of rock.

NMGC  This is a dark colour coarse granite with higher content on ferromagnesian minerals, located  on  the
north-west side of the structure however the relationship with the mineralisation is unknown.

MDY  layers. Narrow up to 1.5m fine grain dark rock (probably epidote) layers. They are disposed on  sallow
dipping  south-east  layers. There are two layers identified in the central part of  the  structure.  These
layers cut all the other lithologies.

Forte  Energy expects to have the final samples dispatched for processing shortly and is aiming to announce
its  initial JORC code compliant resource estimate for its 100% owned Bir En Nar prospect by the end of the
first quarter of 2010, subject to receipt of final assay results.

The  Company has also finalised its plans for a 6,000m R/C short hole drilling program around Bir Moghrein.
Drilling is scheduled to commence 15 February 2010, and will comprise around 300 holes across 10 prospects.
This  drilling will follow up extensive fieldwork carried out on these anomalies during 2009 that confirmed
a  number  of highly prospective calcrete-hosted uranium deposits, including the Leg Beyja which  has  been
found  to  extend more than 10 kilometres and is up to 500 metres wide and Anomaly 068 from which trenching
samples returned assays of up to 9,300ppm U3O8.

Further updates will be provided when available.

Mark Reilly
Managing Director

For further information contact:

Mark Reilly, Managing Director
Forte Energy N.L.                       Tel: +618 9322 4071

Alastair Stratton/Tim Graham
Matrix Corporate Capital LLP            Tel: +44 (0) 203 206 7000

Conduit PR
Jos Simson/Emily Fenton                 Tel: +44 (0) 207 429 6603

Stuart Laing
RFC Corporate Finance Ltd               Tel: +618 9480 2506
(AIM Nominated Adviser to the Company)


The  information in this report that relates to exploration results in West Africa is based on  information
compiled  by  Mr.  Bosse Gustafsson of Forte Energy NL. Mr. Gustafsson has sufficient experience  which  is
relevant  to  the  style  of mineralisation and type of deposit under consideration  and  to  the  activity
undertaken  to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian  Code  for
Reporting  of  Mineral  Resources and Reserves". Mr. Gustafsson 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 consents to the inclusion in this report of the matters based on their information
in the form and context in which it appears.

Downhole  gamma  logging/probing of drill holes provides a powerful tool for uranium companies  to  explore
for,  and  evaluate, uranium deposits. Such a method measures the natural gamma rays emitted from  material
surrounding a drill hole out to around 0.5 metre from its centre - the gamma probe is therefore capable  of
sampling  a  much larger volume than that which would normally be recovered from a core or RC  hole.  These
measurements  are  used  to estimate uranium concentrations with the commonly accepted  initial  assumption
being that the uranium is in (secular) equilibrium with its daughter products (or radio-nuclides) which are
the  principal gamma emitters. If uranium is not in equilibrium (viz. in disequilibrium) - as a  result  of
the  redistribution  (depletion or enhancement) of uranium and/or its daughter products  -  then  the  true
uranium concentration in the holes logged using the gamma probe will be higher or lower than those reported
in the announcement.

Total  count gamma logging does not account for energy derived from thorium and potassium but is calibrated
on  the uranium band and factor applied to account for the average effect of thorium and potassium and thus
the  result  is  expressed  as an equivalent value or ppm eU308. The logging programme  was  undertaken  by
Poseidon Geophysics (Pty) Ltd utilising an Auslog Logging System using instruments calibrated at Pelindaba,
South  Africa,  an  IAEA accepted and approved standard facility. Data was converted from  raw  counts  per
second of natural gamma rays to eU3O8 using the calibration constant obtained from measurements made at the
Pelindaba calibration borehole. Poseidon Geophysics carried out regular checks to validate the accuracy  of
probe  data  using a test hole, BNR14, located on site. Uranium mineralisation grades through  this  report
annotated with a sub-prefix 'e' have been reported as uranium equivalent grades derived from downhole gamma
ray logging results and should be regarded as approximations only.

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