Forte Energy NL
LSE : FTE

January 27, 2011 02:03 ET

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
                                                                                                    27 January 2011

                                                           
                           Significant intersections from A238 uranium prospect, Mauritania
                                                           
                              Intersections from "main shoot" up to 80 metres @ 369ppm U
                                                           

                                                      HIGHLIGHTS

*   Assay results received from a further nine holes drilled at the A238 uranium prospect, Mauritania.
    
*   First  assays  from  "main  shoot" of the A238 system reveal wide near surface  intersections  of  uranium
    mineralisation, including:
    
        o       44m @ 555ppm U
        o       52m @ 434ppm U
        o       55m @ 476ppm U
        o       31m @ 332 ppm U
        o       52m @ 321ppm U
        o       80m @ 369ppm U
        o       38m @ 221ppm U
    
*   After  completion  of  first  drill phase, results may be incorporated into  a  preliminary  maiden  resource
    estimate for A238, while additional follow-up drilling is undertaken before the end of field season.

International  uranium company Forte Energy NL ("Forte Energy" or "the Company") (ASX: FTE, AIM: FTE)  is  pleased  to
release  assay results from a further nine holes from the completed Reverse Circulation ("RC") programme on  the  A238
uranium prospect in northern Mauritania.

The  majority of these holes were drilled into the previously identified "main shoot" and as expected they demonstrate
a considerable increase in both thickness and grade from previous results released for holes outside of the main shoot
area.

These positive results provide comfort that a thick high grade zone exists in this section of the A238 anomaly.

During  this first phase of drilling, the Company's primary focus has been on defining the strike extent of  the  A238
mineralisation, however the disparity in width and grade of this main shoot above that of the remainder of the anomaly
is such that this shoot would likely contain the bulk of the total uranium contained within the A238 structure.

Over  7000m  of  RC drilling has been completed on A238, with approximately 1500m of diamond drilling expected  to  be
completed  soon.  Following the completion of this drilling, it is the Company's plan to pause briefly to assess  this
data  and  construct  3-dimensional  models of the mineralised body, so that a  second  phase  of  drilling  can  then
undertaken in the remaining weeks of the Mauritanian field season specifically targeting the main shoot.

Table 1 - A238 RC results [100ppm lower cutoff]


Hole               UTM        UTM      AZIM     DIP   From      To   metres    ppm U   est ppm U3O8
               Easting   Northing

238RC101        284147    2771686       55      -70     59      68        9          287        338
                                                        74	118	44	555	654
                                                        124	125	1	119	140
                                                        128	136	8	226	267
                                                        139	140	1	224	264
                                                        142	143	1	120	142
238RC102        284203    2771726       55      -70     0       52         52        434        512
                                                        54	55	1	109	129
238RC103        284121    2771670       55      -70     145     149        4         125        147
                                                        150	151	1	447	527
                                                        158	161	3	282	333
                                                        162	163	1	122	144
238RC104        284108    2771784       55      -70     13      14         1         103        121
                                                        15	20	5	121	143
                                                        21	22	1	105	124
                                                        29	84	55	476	561
                                                        86	88	2	224	264
                                                        92	95	3	581	685
                                                        98	103	5	417	492
                                                        105	112	7	614	724
                                                        117	124	7	271	320
                                                        126	127	1	130	153
                                                        129	131	2	211	249
238RC105        284080    2771764       55      -70     49      50         1         132        156
                                                        51	55	4	165	195
                                                        59	68	9	214	252
                                                        72	103	31	332	392
                                                        107	159	52	321	379
238RC106        284254    2771642       55      -70     4       5          1         115        136
                                                        9	10	1	117	138
                                                        14	22	8	141	166
                                                        23	26	3	147	173
                                                        34	35	1	110	130
                                                        37	42	5	360	425
                                                        43	45	2	173	204
                                                        100	101	1	138	163
                                                        108	111	3	174	205
                                                        117	120	3	174	205
238RC107        284218    2771617       55      -70     49      50         1         325        383
                                                        53	133	80	369	435
                                                        136	137	1	106	125
238RC108        284309    2771558       55      -70     0       6         6          137        162
                                                        8	9	1	101	119
                                                        12	13	1	105	124
                                                        16	17	1	121	143
                                                        19	57	38	212	250
                                                        59	82	23	202	238
                                                        89	90	1	100	118
238RC109        284272    2771532       55      -70     14      15         1         337        397
                                                        18	19	1	132	156
                                                        22	24	2	345	407
                                                        26	27	1	133	157
                                                        28	29	1	240	283
                                                        30	38	8	200	236
                                                        43	56	13	210	248
                                                        57	61	4	143	169
                                                        62	64	2	150	177
                                                        66	70	4	160	189
                                                        72	76	4	173	204
                                                        78	80	2	140	165
                                                        84	85	1	106	125
                                                        96	103	7	295	348
                                                        106	107	1	179	211
                                                        110	126	16	267	315
                                                        130	139	9	250	295



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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