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Additional Information

Market:	ASX / AIM
Sector:	General Mining
EPIC:	FTE
Latest Price:	0.06 (20.00% )
52-week High:	0.15
52-week Low:	0.02
Market Cap:	41.74M

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Forte Energy Full Forte Energy profile here

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

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.

Forte Energy says JORC resource for Firawa uranium project on track for completion in 2 weeks

Wednesday, June 17, 2009

Uranium and copper explorer Forte Energy NL (ASX, AIM: FTE) said it has received final assays for the Firawa uranium project in Guinea, West Africa, and an initial JORC Code-compliant resource for Firawa is on track to be finalised in approximately two weeks.

Results from the final 36 samples of the 5,800 metres resource drilling programme have led to improvements in several of the intercepts of triuranium octoxide reported previously.

The drilling programme, which was completed in January, followed on from initial drilling at the project in May 2007, which identified a potentially significant zone of uranium mineralisation over a 2 kilometres strike length. This zone was the subject of the recently completed resource drilling programme which has returned excellent grades and widths of U3O8.

The Firawa project is the most advanced of Forte Energy’s three uranium exploration projects in Guinea and the delineation of a maiden uranium resource estimate is an important step towards the company’s ultimate development and production goals, the company added.

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