Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Additional information
Additional Information
Market: ASX / AIM
Sector: General Mining
Epic: FTE
News: Latest news
Web Site: Forte Energy
Other Articles: 04-03-201023-02-201004-02-2010

RSS - Subscribe to the News Today on Proactive UK ▼

Thursday March 18, 09:06The drugs work: Biocompatibles sees further good sales growth ahead

After better-than-expected sales growth in the 2009 full year, the drug-eluting beads maker forecasts more growth this year while the Oncology Products Division revs up the pace of product trials.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Friday March 19, 01:18Can Europe march towards economic prosperity with a common currency but without a common government?

An apparently disappointed Mr. Papandreou has stated that he may turn to the International Monetary Fund for an emergency loan should the EU fail to provide adequate financial support.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Forte Energy

Forte Energy

Forte Energy NL is an Australian-based minerals company focused on the exploration, evaluation and development of uranium and energy-related projects worldwide.

The Company changed its name from Murchison United NL on 25 November 2008.

Forte Energy has secured an extensive portfolio of uranium projects in the Republics of Guinea and Mauritania in West Africa, where it is pursuing intensive exploration programs. The Company also holds copper and cobalt interests in Queensland and Western Australia, Australia.

CLICK HERE FOR FULL ANALYSIS OF FORTE ENERGY
Thursday, June 11, 2009

Forte Energy releases assay results from Firawa Uranium Project drilling campaign

company news image

West African focused uranium explorer, Forte Energy (ASX & AIM: FTE) reported significant grades and widths of uranium mineralisation from a recently completed 5,800 metre drilling programme at the Firawa Uranium Project in the Republic of Guinea.

The company is active on a number of highly prospective projects at various stages of development, but the Firawa Project is arguably the company’s most significant asset in Guinea.

Drilling highlights were aplenty, with 56 holes completed to an average length of 104 metres, with all of the holes drilled between 80 meters and 154 metres in depth.  Drilling was targeted at mineralisation hosted in deep lateritic clays present along a tectonic structure. Several holes also intersected mineralisation in the underlying alkaline and strongly cataclastic granite bedrock, the company noted.

Interestingly, not only did Forte report noteworthy grades in many of the holes, but the widths of the mineralisation were also highly encouraging.   22 of the 56 holes reported average U308 mineralisation in excess of 251 parts per million (ppm) and as high 607 ppm from widths between 15 and 114 metres.  Several 1 meters sections recorded uranium in excess of 1000 ppm.  One of the better drill results emanated from drill hole 106 which cut 15 metres with an average grade of 603 ppm U308 from 43 meters, and included a 1 metre section at 1101 ppm.

The assay data will now be used to compile a maiden resource statement at Firawa, which Forte expects to have in approximately three weeks: “Forte, through its mining consultants Coffey Mining, remains on schedule to prepare the initial JORC Code-compliant uranium resource statement for Firawa in around three weeks, with all data from both the May 2007 drilling programme and the recently completed drilling
incorporated into the study.”

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other Forte Energy articles


Other Forte Energy news

More news ►

Investors interested in Forte Energy recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.