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.
Murchison United receives scoping study for Maroochydore Copper Project
It is easy to forget that Murchison United (ASX: MUR, AIM: MUU) does in fact have one interest outside of uranium in West Africa. This morning, the company announced that a scoping study had been completed by its 50% joint venture partner, Aditya Birla Minerals (ASX: ABY) on the Maroochydore Copper Project in Western Australia.
The scoping study confirmed that the project as it currently stands would not likely support a commercial mine. However, Murchison United also noted that the study did highlight that synergies could be achieved with the nearby Nifty Copper Mine, which is owned by Aditya Birla Minerals.
“While Murchison continues to work with Adity Birla Minerals to advance the Maroochydore Project, the Company remains focussed primarily on the exploration and development of its portfolio of uranium projects in West Africa as the basis for development of a substantial long-term uranium business” the Company stated.
Murchison recently announced an agreement with Areva, the French nuclear heavyweight, on uranium exploration in Mauritania.
Other Forte Energy articles
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28/07/09 Mark Reilly, Managing Director and CEO of Forte Energy Audio Transcript
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01/07/09 Forte Energy delivers maiden uranium resource at Firawa Project in Guinea
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01/06/09 Forte Energy tucks away A$10 million in placing, expects uranium resource statement shortly
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01/07/08 Murchison United moves into the big league with AREVA deal
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17/01/08 Murchison United: Looking to score with uranium
Other Forte Energy news
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04/03/10 Forte Energy pleased with realised value from Australia JV disposals as it advances uranium exploration in Africa
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23/02/10 Forte Energy reports high-grade uranium assays in Mauritania, maiden JORC estimate due in March
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04/02/10 Forte Energy to complete diamond drilling at Bir En Nar Uranium Prospect
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01/02/10 Forte Energy nears completion of additional drilling at Bir En Nar uranium project, metallurgical tests in Guinea encouraging
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15/01/10 Forte Energy signs $2 million Maroochydore JV Copper Project Sale Agreement
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04/01/10 Forte Energy generates highly promising results from drilling activities in Africa
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02/11/09 HansonWesthouse encouraged by Forte Energy’s assay results from Mauritania, ups price target
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30/10/09 Forte Energy soars on news of encouraging assay results from Mauritania uranium projects
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26/10/09 Forte Energy: strategically positioned in Africa’s emerging uranium districts
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01/09/09 Forte Energy commences drilling at Bir En Nar Uranium Project in Mauritania
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