Sign up Australia
Proactive Investors - Run By Investors For Investors

Forte Energy unearths extensions to uranium mineralisation at A238 Prospect in Mauritania

Forte Energy unearths extensions to uranium mineralisation at A238 Prospect in Mauritania

Forte Energy (ASX: FTE) has received initial assays from a recent 10,000 metre reverse circulation drilling program at the A238 Prospect in Mauritania which confirm mineralised extensions to the northwest of the prospect and at depth below the existing uranium Resource.

Initial assays for 36 of the 55 holes drilled to date show notable intersections of:

- 25 metres at 357 parts per million (ppm) uranium;
- 10 metres at 510ppm uranium;
- 8 metres at 312ppm uranium; and
- 22 metres at 320ppm uranium.

Defining the project’s potential is that 90% of the holes drilled at the A238 Prospect have encountered mineralisation.

A Resource update for the prospect is expected to be announced in the March quarter.

Assays for the outstanding 19 drill holes are due shortly. The program was aimed at drilling outside of the existing Inferred Resource and testing the potential mineralised extensions both at depth and along strike.

Drilling at the A238 Prospect is scheduled to be completed within the next week and the drill rig will then move to Hasi Baida for an initial drilling program of 3,000 metres to test several near to surface calcrete deposits, covering more than 12 square kilometres.

Historical works completed by Forte, including trenching and pits, have identified high grade mineralisation in close proximity to the surface.


Forte has begun a 5,000 metre reverse circulation drilling program at its Firawa Project in Guinea with a total of 1,800 metres across 20 holes completed to date.

The drilling started in the central area infilling in areas where access was not previously possible and testing the down dip extension of the mineralisation.

Drilling is scheduled to continue for the next month testing the anomalies along strike to the east and west.

Assays are expected early in the June quarter, and a Resource update is scheduled for the end of the June quarter.

Register here to be notified of future PROAC Company articles
View full PROAC profile

Proactiveinvestors Timeline

November 23 2016
November 23 2016

Related Articles

February 21 2017
One particular development of note is Cello Pulsar, a social media analytics tool that has, according to the experts, the potential to be a real winner.
October 18 2016
Geographical expansion, product innovation and strategic partnerships continue to be well executed, said house broker finnCap
Digital marketing
March 28 2017
Michael Karg, Ebiquity’s CEO, said:“We have already made good progress with our growth acceleration plan, which will replicate our service offering across key territories, further strengthening our ability to service global clients.”

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use