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Additional Information

Market:	ASX / AIM
Sector:	General Mining
EPIC:	FTE
Latest Price:	0.06 (5.00% )
52-week High:	0.15
52-week Low:	0.02
Market Cap:	43.82M

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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 to complete diamond drilling at Bir En Nar Uranium Prospect

Thursday, February 04, 2010

International uranium company Forte Energy (ASX/AIM: FTE) is preparing to wrap up its diamond core drilling program at the Bir En Nar Uranium Prospect in Mauritania.

The Bir En Nar prospect is a 900 metre long radioactive zone averaging 50-70 metres in width and following a tectonic structure in a north-west to south-east direction.

A smaller parallel zone occurs a few hundred metres to the south-west.

The planned initial program of around 4,600m of priority holes was completed in early January 2010 at the Bir En Nar prospect. However, it was decided to proceed with an additional 7 drillholes in order to complete a more extensive 35 x 35 metre sampling grid to enable a resource classification down to a depth of 100 metres. Drilling of these additional holes is nearing completion.

Incorporating the results from the 2007 R/C drilling together with the field observations and scintillometer readings from the current diamond core drilling has enhanced the Company’s understanding of the lithology of the Bir En Nar prospect.

Forte expects to have the final samples dispatched for processing shortly and is aiming to announce its initial JORC code compliant resource estimate for its 100% owned Bir En Nar prospect by the end of the first quarter of 2010, subject to receipt of final assay results.

The Company has also finalised its plans for a 6,000m R/C short hole drilling program around Bir Moghrein.

The program of 10 uranium anomalies around Bir Moghrein will commence on 15 February 2010. This drilling will follow up extensive fieldwork carried out on these anomalies during 2009 that confirmed a number of highly prospective calcrete-hosted uranium deposits, including the Leg Beyja.

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