Forte Energy NL
LSE : FTE

February 15, 2011 02:00 ET

Further significant intersections from A238 uranium prospect

                                                                                                        
                                                                                         FORTE ENERGY NL
                                                                                         ACN 009 087 852
                                                                                       ASX/AIM CODE: FTE
                                                         Telephone: +618 9322 4071, Fax: +618 9322 4073
                                                                                                           
                                                                                                           
                                                                                 ASX, AIM and Media Release
                                                                                                           
                                                                                           15 February 2011
                                                                                                           
                 Further significant intersections from A238 uranium prospect, Mauritania


Highlights -

    *       Assay results received from a further ten holes drilled at the A238 uranium prospect, Mauritania
        
    *       Best assay results include:
        
            o       8m @ 215 ppm U
                 
            o       30m @ 366 ppmU
                 
            o       18m @ 264 ppm U
                 
            o       9m @ 410 ppm U
                 
            o       7m @ 300m ppm U
                 
            o       28m @ 234 ppm U
                 
            o       30m @ 366 ppm U

            o       4m @ 546 ppm U
                 
            o       11m@ 318 ppm U
                 
            o       17m @ 231 ppm U
                 
International  uranium company Forte Energy NL ("Forte Energy" or "the Company") (ASX: FTE,  AIM:  FTE)  is
pleased  to  release  assay results from a further ten holes from the completed Reverse Circulation  ("RC")
drilling programme on the A238 uranium prospect in northern Mauritania.

These  ten  holes  were drilled immediately north of the main shoot of the A238 system,  from  which  drill
results were released on 27 January 2011.

The  10  holes  provide a clearer geological picture of the transition from the narrow, low  grade  stacked
veins  that  make up the northern extent of the A238 mineralised structure, into the thick high grade  bulk
mineralisation of the main shoot.

Diamond drilling continues on this main shoot with a view to being able to calculate a JORC resource at the
beginning  of  next  quarter, with a second phase of RC drilling scheduled to commence on  the  main  shoot
towards the end of the field season.

Table 1 - A238 RC results

HOLE              East       North   Azim     Dip    From      To   length      ppm U   Est ppm
                                                        m       m                          U3O8
238RC110        284358     2771470     55     -70      19      21        2        238       281
                                                       22      30        8        215       254
                                                       52      53        1        191       225
                                                       60      62        2        125       147
                                                       67      68        1        111       131
                                                       70      78        8        162       191
                                                       79      80        1        120       142
                                                       84     114       30        362       427
                                                      117     118        1        174       205
238RC111        284324     2771445     55     -70      57      75       18        264       311
                                                       83      84        1        139       164
                                                       87      88        1        163       192
                                                       90      99        9        410       483
                                                      100     101        1        160       189
                                                      110     112        2        128       151
                                                      120     124        4        134       158
                                                      150     152        2        295       348
                                                      153     154        1        107       126
238RC112        284424     2771393     55     -70       3      10        7        300       354
                                                       19      20        1        120       142
                                                       21      49       28        234       276
                                                       55      56        1        606       715
                                                       72     102       30        366       432
                                                      103     104        1        109       129
238RC114        284401     2771378     55     -70      13      14        1        312       368
                                                       17      19        2        267       315
                                                       24      26        2        119       140
                                                       27      31        4        253       298
                                                       37      38        1        121       143
                                                       52      53        1        117       138
                                                       54      56        2        159       188
238RC115        284507     2771331     55     -70      14      15        1        104       123
                                                       16      20        4        151       178
                                                       22      24        2        147       173
                                                       25      28        3        165       195
                                                       31      35        4        546       644
                                                       37      39        2        111       131
                                                       44      48        4        182       215
                                                       49      51        2        158       186
                                                       52      66       14        222       262
                                                       71      72        1        215       254
                                                       73      82        9        315       371
238RC116        284068     2771878     55     -70       4       5        1        109       129
                                                        9      11        2        175       206
                                                       12      16        4        138       163
                                                       18      26        8        125       147
                                                       31      33        2        108       127
                                                       40      43        3        257       303
                                                       46      52        6        275       324
                                                       53      61        8        277       327
                                                       62      64        2        177       209
                                                       71      82       11        318       375
                                                       92      93        1        425       501
                                                       97     102        5        300       354
                                                      113     114        1        113       133
                                                      118     119        1        143       169
238RC117        284034     2771854     55     -70      65      67        2        217       256
                                                       70      75        5        204       241
                                                       76      81        5        210       248
                                                       83      85        2        196       231
                                                       86      87        1        121       143
                                                       89      92        3        232       274
                                                      104     106        2        285       336
                                                      108     111        3        193       228
                                                      112     113        1        140       165
                                                      115     119        4        212       250
                                                      122     129        7        154       182
                                                      137     142        5        170       200
                                                      147     149        2        253       298
                                                      150     151        1        113       133
                                                      152     157        5        244       288
                                                      159     163        4        416       491
238RC118        283986     2772000     55     -70       3       9        6        322       380
                                                       10      11        1        136       160
                                                       20      24        4        229       270
                                                       28      30        2        123       145
                                                       34      35        1        200       236
                                                       42      43        1        114       134
                                                       48      57        9        244       288
                                                       60      61        1        100       118
                                                       63      64        1        164       193
                                                       65      70        5        169       199
                                                       83      84        1        340       401
                                                       86     103       17        231       272
238RC119        283953     2771977     55     -70      34      40        6        180       212
                                                       41      43        2        108       127
                                                       50      51        1        143       169
                                                       54      55        1        275       324
                                                       56      58        2        199       235
                                                       64      65        1        114       134
                                                       77      78        1        591       697
                                                      120     121        1        302       356
                                                      132     133        1        190       224
238RC120        283921     2772077     55     -70       3       7        4        141       166
                                                       16      17        1        121       143
                                                       18      20        2        311       367
                                                       21      23        2        260       307
                                                       30      31        1        125       147
                                                       34      40        6        327       386
                                                       41      42        1        105       124
                                                       46      53        7        213       251
                                                       61      65        4        174       205
                                                       67      68        1        196       231
                                                       70      72        2        152       179
                                                       75      76        1        240       283
                                                       77      78        1        248       292
                                                       87      89        2        231       272
                                                       90      93        3        169       199
  
  
  Please note that the interval lengths reported do not necessarily represent true widths.
  
  
  
  Mark Reilly
  Managing Director
  
  
  
  
  For further
  information contact:
  
  Mark Reilly, Managing Director
  
  Forte Energy NL                   Tel: +44 (0) 203 300 0187
  
    
  Robin Henshall/Tim Graham  
  Matrix Corporate Capital LLP      Tel: +44 (0) 203 206 7000
    
  
  Jos Simson/Emily Fenton  
  Tavistock Communications          Tel: +44 (0) 207 920 3150
    
  
  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)
  
  
  
  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. 

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