Forte Energy NL

July 03, 2013 02:00 ET

Drilling Programme Completed in Mauritania

                                                                                          Forte Energy NL
                                                                               ASX, AIM and Media Release
 3rd July 2013

                                Drilling programme completed in Mauritania
Forte  Energy  NL  ("Forte Energy" or "the Company") (ASX/AIM: FTE) is an emerging international  uranium
company  focused on the exploration and development of a portfolio of uranium assets in the Republics  of
Mauritania and Guinea, West Africa.

The  Company is pleased to announce that the recent NQ Aircore drilling programme at Hassi Baida  and  to
the south of the A238 prospect has been completed.

To view Figure 1: Mauritanian Licences, please open the link in a new window:

Hassi  Baida is a superficial calcrete area situated approximately 50km north-east of the existing  Forte
Energy licences and covers over 800km2. The NQ Aircore drilling programme concentrated on the central and
southern areas and comprised of 214 holes and totalled 2,190m.  Samples are being prepared to send to the
ALS  preparation  facility in Nouakchott, Mauritania and will then be sent to  the  ALS  laboratories  in
Ireland for assaying.

Following the completion of the drilling at Hassi Baida a short scout drilling programme was completed in
the  covered area 7km to the south east of the A238 prospect. A series of short vertical air  core  holes
were  drilled  into the basement aimed at identifying major shearing/mylonite/cataclasite and  alteration
patterns from chip samples.

Commenting on the update, Mark Reilly, Managing Director of Forte Energy, said:

"We  look  forward  to receiving the assay results of the recent drilling campaign in the  third  quarter
which  will  not  only  contribute to our better understanding of the  prospects within  our  Mauritanian
licence  areas  but will also progress our wider goal of continuing to significantly grow  the  Company's
resources base."

Mark Reilly
Managing Director

For further information contact:

Mark Reilly                                      Geoff Nash/Ben Thompson
Managing Director                                Elizabeth Johnson (broking)
Forte Energy NL                                  finnCap
Tel: +44 (0) 203 3849555                         Tel: +44 (0)207 220 0500

Bobby Morse/Cornelia Browne                      Stuart Laing
Louise Hadcocks                                  RFC Ambrian Ltd
Buchanan                                         (AIM Nominated Adviser to the Company)
Tel: +44 (0) 207 466 5000                        Tel: +61 (0) 8 9480 2506

Forte Energy NL

Australia                                        United Kingdom

Suite 3, Level 3                                 3C Princes House
1292 Hay Street                                  38 Jermyn Street
West Perth WA 6005                               London SW1Y6DN
Ph: +61 (0)8 9322 4071                           Ph: +44 (0)203 3847474
Fax: +61 (0)8 9322 4073                          Fax: +44 (0)207 2878387
Email:                   Email:

About Forte Energy

Forte  Energy  is  an  Australian-based minerals company focused on the exploration  and  development  of
uranium  and associated bi-products in Mauritania and Guinea in West Africa. The Company has an extensive
pipeline  of  assets and total JORC resources of 76.8Mt @ 266ppm U3O8for 44.9Mlbs contained U3O8  (100ppm

Its  flagship assets are the A238 prospect (23.4Mlbs U3O8) and the Bir En Nar project (2.06Mlbs U3O8)  in
Mauritania, and the Firawa Project in Guinea (19.5Mlb U3O8).

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

Project               Resource Category        M tonnes         ppm U3O8           Contained U3O8 Mlbs
A238*                         Inferred             45.2              235                          23.4
Bir En Nar                   Indicated              0.5              886                           1.0
                              Inferred              0.8              575                           1.0
Firawa                        Inferred             30.3              295                          19.5
Total                        Indicated              0.5              886                           1.0
                              Inferred             76.3              262                          43.9
                                 Total             76.8              266                          44.9

        * A238NW Anomaly included in the A238 Inferred Resources
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


The information in this report that relates to the reporting of Mineral Resources is based on information
compiled  or  reviewed by Mr. Galen White, who is a Fellow of the Australasian Institute  of  Mining  and
Metallurgy (FAusIMM). Mr White is the Principal Geologist of CSA Global (UK) Ltd. CSA Global have an  on-
going  role  as geological consultants to Forte Energy NL. Mr. White 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. White consents to the
inclusion  in  this report of the matters based on his information in the form and context  in  which  it

Contact Information

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