Forte Energy NL
LSE : FTE

October 06, 2011 02:00 ET

High Grade Assays from Hasi Baida, Mauritania

                                                                                               Forte Energy NL
                                                                                                               
                                                                                                ACN 009 087 852
                                                                                                  ASX/AIM: FTE
                                                                                                              
ASX, AIM and Media Release 6th October 2011
                                                       
                                 High Grade Assays from Hasi Baida, Mauritania
                                                       

International uranium company Forte Energy NL ("Forte Energy" or "the Company") (ASX: FTE, AIM: FTE) is pleased
to  announce  high  grade assays from field work carried out to date within the Company's  Hasi  Baida  uranium
exploration permit, one of two permits recently granted.

Assay  results from a surface sampling programme carried out by the Company confirmed the presence  of  uranium
hosted in calcrete mineralisation at a number of anomalies within the permit area. The surface sampling yielded
uranium  grades  up  to  2.59% U (25,900ppmU). Assays from eight anomalies within the Hasi  Baida  permit  area
returned results greater than 1,000ppmU. A table showing these results is provided in Figure 2.
                                                       

To view Figure 1: Forte Energy new uranium exploration permits, Mauritania, please open the following link in a
new window: http://media3.marketwire.com/docs/fe_f1.jpg

Hasi  Baida is a highly prospective calcrete area situated approximately 50km north-east of the existing  Forte
Energy  licences  and  covers over 800km2. It is anticipated that a 1,500 - 2,000m reverse  circulation  ("RC")
drilling  programme  will  commence early in 2012 targeting eight separate  prospects  within  the  Hasi  Baida
licence. The targets are all uranium in calcrete deposits.


     -----------------------------------------------------------------------------------
     Anomaly       Sample        Zone         Easting         Northing            Uppm
     -----------------------------------------------------------------------------------
     203           203C          29R          398216          2793618              1,600
     -----------------------------------------------------------------------------------
     204           204A          29R          398755          2794916             25,900
     -----------------------------------------------------------------------------------
     204           204B          29R          398737          2794938             12,200
     -----------------------------------------------------------------------------------
     204           204C          29R          398749          2794951              2,330
     -----------------------------------------------------------------------------------
     204           204D          29R          398761          2794965              4,870
     -----------------------------------------------------------------------------------
     206           206B          29R          396918          2796592              1,050
     -----------------------------------------------------------------------------------
     209           209B          29R          395433          2799950              4,950
     -----------------------------------------------------------------------------------
     209           209C          29R          395469          2799923              2,150
     -----------------------------------------------------------------------------------
     210           210A          29R          396503          2801464              2,700
     -----------------------------------------------------------------------------------    
     210           210B          29R          396481          2801442              1,540
     -----------------------------------------------------------------------------------
     210           210C          29R          396511          2801446              1,240
     -----------------------------------------------------------------------------------
     275           275C          29R          398403          2798620              1,570
     -----------------------------------------------------------------------------------
     321           321D          29R          415152          2808481              1,010
     -----------------------------------------------------------------------------------
     330           330D          29R          399546          2806037              1,620
     -----------------------------------------------------------------------------------
     330           330F          29R          399557          2806053              1,990
     -----------------------------------------------------------------------------------

Figure 2: Reconnaissance samples > 1,000ppmU, Hasi Baida.

Potential  targets were identified from airborne survey data at the Department of Mines and  Geology  (DMG)  in
Nouakchott and were followed up with a surface sampling programme by Forte Energy. Early work undertaken by the
Company indicates that the principal uranium mineral is carnotite and that no gypsum was detected.

Mark  Reilly,  Managing Director of Forte Energy, commented: "These exciting assay results  confirm  the  great
potential of the Hasi Baida licence in Mauritania. Surface sampling subsequently undertaken returned assays  of
greater than 1000 ppm U from eight separate anomalies within Hasi Baida, including one sample from Anomaly  204
of  25,900  ppm U. An aggressive exploration programme including up to 2,000m of RC drilling has  already  been
planned for the current field season."



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

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