Forte Energy NL
LSE : FTE

September 15, 2011 02:00 ET

Commencement of Next Phase of Drilling in Mauritania

                                                                                                       
                                                                                            FORTE ENERGY NL
                                                                                            ACN 009 087 852
15 September 2011                                                                              ASX/AIM: FTE
                                                     
Commencement of the Next Phase of Drilling in Mauritania

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The  objective  of  the next phase of drilling is to increase Forte Energy's current JORC  resources  of
28.5Mlbs of U3O8 through a programme of infill and extension drilling in Mauritania
    
Mauritania

*   Commencement  of a 10,000m Reverse Circulation (RC) drilling programme initially  focussing  on
    Anomaly 238 and Tamreikat followed by drilling of fifteen other prospects within the Forte Energy licences
    from October through to May 2012
    
*   The other prospects are high grade targets identified by a combination of the last drill phase and
    extensive ground exploration work
    
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International uranium company Forte Energy NL (ASX/AIM: FTE; "Forte Energy" or "the Company") is pleased to
provide  the  following  operational update on its uranium projects in the  Republic  of  Mauritania,  West
Africa.

DRILLING

Following  the summer break, field crews returned to Mauritania several weeks ago to prepare for the  field
season  which runs from October to late May. Mr. Scott Yelland has now officially commenced in his position
as Chief Operating Officer and will be overseeing this season's field programmes.


Following  the  successful resource drilling programme completed earlier this year, a 10,000m  RC  drilling
programme  is   scheduled  to  commence  by the end of September, with an  RC  drill  rig  currently  being
mobilised. This will be supplemented by an estimated 1,500m of diamond drilling scheduled towards  the  end
of  the year. Drilling will focus initially on Anomaly 238 ("A238"), located 55km south-east of the town of
Bir  Moghrein, looking to increase the initial JORC code compliant Inferred Mineral Resource  of  26.5Mt  @
256ppm U3O8 for 14.9Mlbs contained U3O8 (100ppm cut-off) that was announced in June this year.


To view Figure 1: Mauritania Forte Energy Licences, please open the following link in a new window: 
http://media3.marketwire.com/docs/forte_915_uk_fig_1.pdf


The initial drilling on the A238 prospect in 2010 returned wide intersections of uranium (including 80m  at
363ppm U from surface), over a strike length of 1.2km. This mineralisation remains open at depth and  along
strike,  with surface mapping suggesting a probable strike length of well over 2km. This drilling programme
is therefore designed to fully define the strike extent and to in-fill the thick, higher grade core, aiming
to increase both the size and confidence of the initial JORC code compliant resource.

On  completion  of  the drilling at the A238 prospect drilling will move approximately 40km  north  to  the
Tamreikat  prospect, to explore the prospective areas of shallow mineralisation identified in  the  earlier
drilling  completed  in  Q2  this year. Seven RC holes were drilled at Tamreikat all  intersecting  uranium
mineralisation between the surface and down to 84m, notable intersections included TMKT RC01  with  13m  at
548ppm U and TMKT RC02 with 26m at 304ppm U.

Drilling will also be undertaken on other prospects to the south and east of A238 and Tamreikat where  high
grade  uranium  was  intersected in the last drilling campaign and from ongoing  ground  studies  in  these
prospective areas.


SURFACE WORK
------------

Apart from drilling, regional exploration has identified a number of new prospects where high grade uranium
(in excess of 1,000ppm) was present at surface. Field programmes including mapping, trenching, radiometrics
and  radon sampling are planned to move several of these projects up to drill targets for later this  field
season.


Investors  will be provided regular progress reports along with updates on other aspects of Forte  Energy's
operations.


Mark Reilly
Managing Director



For further information contact:

Mark Reilly, Managing Director
Forte Energy NL                                  Tel: +44 (0) 203 300 0187

Mark Williams/Tarica Mpinga
Canaccord Genuity Limited                        Tel: +44 (0) 207 050 6500

Bobby Morse/Louise Hadcocks
Buchanan                                         Tel: +44 (0) 207 466 5000

Nicholas Read/Paul Armstrong
Read Corporate                                   Tel: +61 (0) 8 9388 1474

Stuart Laing
RFC Corporate Finance Ltd                        Tel: +61 (0) 8 9480 2506
(AIM Nominated Adviser to the Company)



Forte Energy NL

Australia                                        United Kingdom

Suite 3, Level 3                                 Chesterfield House
1292 Hay Street                                  1 Chesterfield Street
West Perth WA 6005                               London W1J 5JF
Ph: +61 (0(8 9322 4071                           Ph: +44 (0)203 300 0188
Fax: +61 (0)8 9322 4073                          Fax: +44 (0)207 409 2857
Email: info@forteenergy.com.au                   Email: info@forteenergy.co.uk
Web: www.forteenergy.com.au


Note:

The  information in this report that relates to Exploration Results 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') included in a list promulgated by the  ASX  from  time  to  time.  Mr
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 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 'Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves'. Mr. Gustafsson consents to the inclusion in  this
report of the matters based on his information in the form and context in which it appears.

The  information  in  this report that relates to the Mineral Resource at Firawa  in  Guinea  is  based  on
information compiled by Mr. Bosse Gustafsson of Forte Energy NL and Mr. Doug Corley of Coffey Mining Ltd.

The information in this report that relates to the Mineral Resource at Bir En Nar in Mauritania is based on
information compiled by Mr. Bosse Gustafsson of Forte Energy NL and Mr. Neil Inwood of Coffey Mining Ltd.

The  information in this report that relates to the Mineral Resource at the A238 prospect in Mauritania  is
based on information compiled by Mr. Bosse Gustafsson or Forte Energy NL and Mr Galen White BSc (hons) FGS,
MAUSIMM, Principal Geologist of CSA Global Inc (UK).

Mr.  Gustafsson, Mr. Corley, Mr. Inwood and Mr. White have sufficient experience which is relevant  to  the
style  of  mineralisation  and  type of deposit under consideration and to the  activity  which  they  have
undertaken  to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian  Code  for
Reporting  of  Exploration Results, Mineral Resources and Ore Reserves". Mr. Gustafsson,  Mr.  Corley,  Mr.
Inwood  and Mr. White consent 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 Australian-based minerals company focused on the exploration and development of uranium
and  associated bi-products in Guinea and Mauritania in West Africa.  The Company has an extensive pipeline
of assets and total JORC resources of 45.5Mt @ 284ppm U3O8 for 28.5Mlbs contained U3O8 (100ppm cut-off).

Its  flagship  assets  are  the Firawa project in Guinea (11.6Mlb U3O8) and  the  Bir  En  Nar  project  in
Mauritania  (2.06Mlbs U3O8), with a maiden resource at the A238 prospect in Mauritania  recently  announced
(14.9Mlbs U3O8).  The Company has also received encouraging rare earth elements results from Firawa, with a
JORC resource expected in H2 2011.

Forte Energy U3O8 JORC resources (all at a 100ppm cut-off):

        ------------------------------------------------------------------------------------------------------

        Project              Resource Category     M tonnes              ppm U3O8            Contained   U3O8
                                                                                             Mlbs
        ------------------------------------------------------------------------------------------------------
        Firawa               Indicated             17.7                  296                 11.6
        (Guinea)             ---------------------------------------------------------------------------------
                             Total                 17.7                  296                 11.6
        ------------------------------------------------------------------------------------------------------
        Bir En Nar           Indicated             0.55                  886                 1.0
        (Mauritania)         ---------------------------------------------------------------------------------
                             Inferred              0.78                  575                 1.0
                             ---------------------------------------------------------------------------------
                             Total                 1.33                  704                 2.0
        ------------------------------------------------------------------------------------------------------
        A238                 Inferred              26.5                  256                 14.9
        (Mauritania)
                             ---------------------------------------------------------------------------------
                             Total                 26.5                  256                 14.9
        ------------------------------------------------------------------------------------------------------
        Total                Indicated             0.5                   886                 1.0
                             ---------------------------------------------------------------------------------
                             Inferred              45                    277                 27.5
                             ---------------------------------------------------------------------------------
                             Total                 45.5                  284                 28.5
        ------------------------------------------------------------------------------------------------------

Forte  Energy's  strategy is to target high grade uranium ore bodies and build a  low  cost  West  African-
focused uranium producer.  The Company is quoted on the Australian Stock Exchange (ASX: FTE) and AIM market
of the London Stock Exchange (AIM: FTE). For more information, visit www.forteenergy.com.au

Contact Information

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