Forte Energy
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 during 2007. 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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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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03/07/09 Forte Energy initiated as ‘buy’ at Hanson Westhouse, target 10.6p
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17/06/09 Forte Energy says JORC resource for Firawa uranium project on track for completion in 2 weeks
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11/06/09 Forte Energy releases assay results from Firawa Uranium Project drilling campaign
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01/06/09 Forte Energy raises $10 million to progress Guinea uranium project
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30/04/09 Forte Energy plans drilling programme at Bir En Nar in Mauritania for July 2009
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30/03/09 Forte Energy directors purchase 6.6 million shares
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26/03/09 Forte Energy Deputy Chairman snaps up more shares
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18/03/09 Forte Energy deputy chairman Lady Judge buys further 100,000 shares in company
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16/03/09 Forte Energy expects JORC estimate for Firawa uranium prospect in Guinea soon
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31/01/09 Forte Energy to start ground surveys on Mauritanian prospects, sees JORC resource in Guinea shortly
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