Forte Energy NL Drilling to Commence in Mauritania

 
TIDMFTE 
 
Drilling to Commence in Mauritania 
 
                                                                                          Forte Energy NL 
 
                                                                                        ACN 009 087 852 
 
10th April 2013 
 
                      Drilling to commence in highly prospective areas in Mauritania 
 
Forte  Energy  NL  ("Forte Energy" or "the Company") (ASX/AIM: FTE) is an emerging international  uranium 
company  focused on the exploration and development of a portfolio of uranium assets in the Republics  of 
Mauritania and Guinea, West Africa. 
 
The  Company is pleased to announce that a contract has been signed with Wallis Drilling Africa  Pty  Ltd 
for  approximately  5,000m  of NQ Aircore drilling in the highly prospective  areas  close  to  the  A238 
prospect  and  at Hassi Baida. Drilling is scheduled to start in Mid-May, following the shipment  of  the 
drill rig to Mauritania. 
 
 
To   view   Figure  1:  Mauritanian  Licences,  please  open  the  following  link  in  a   new   window: 
http://media3.marketwire.com/docs/forte_0410_fig_1.pdf. 
 
Hasi  Baida is a highly prospective calcrete area situated approximately 50km north-east of the  existing 
Forte Energy licences and covers over 800km2. The drilling programme will target eight separate prospects 
within the Hasi Baida licence. The targets are all uranium in superficial calcrete deposits. 
 
The  5,000m  programme  will also include aircore scout drilling which will target  blind,  near  surface 
metasomatite style uranium mineralisation along interpreted major structural corridors close to the  A238 
Prospect. 
 
Commenting on the update, Mark Reilly, Managing Director of Forte Energy, said: 
 
"The additional drilling of the calcrete as well as the metasomatite style deposits in close proximity to 
our  existing  resources  is consistent with our stated strategy of proving up a number  of  economically 
viable deposits within our licence areas in Mauritania. Forte remains committed to being at the forefront 
of  Mauritania's uranium mining industry and looks forward to commencing the drilling campaign within the 
next month." 
 
 
 
Mark Reilly 
Managing Director 
 
 
For further information contact: 
 
Mark Reilly                                      Geoff Nash/Ben Thompson 
Managing Director                                Elizabeth Johnson (broking) 
Forte Energy NL                                  finnCap 
Tel: [phone]                         Tel: [phone] 
 
 
Bobby Morse/Cornelia Browne                      Stuart Laing 
Louise Hadcocks                                  RFC Ambrian Ltd 
Buchanan                                         (AIM Nominated Adviser to the Company) 
Tel: [phone]                        Tel: [phone] 
 
 
Forte Energy NL 
 
Australia                                        United Kingdom 
 
Suite 3, Level 3                                 3C Princes House 
1292 Hay Street                                  38 Jermyn Street 
West Perth WA 6005                               London SW1Y6DN 
Ph: [phone]                           Ph: [phone] 
Fax: [phone]                          Fax: [phone] 
Email: [e-mail]                   Email: [e-mail] 
 
Web: www.forteenergy.com.au 
 
 
 
About Forte Energy 
 
 
Forte  Energy  is  an  Australian-based minerals company focused on the exploration  and  development  of 
uranium  and associated bi-products in Mauritania and Guinea in West Africa. The Company has an extensive 
pipeline  of  assets and total JORC resources of 76.8Mt @ 266ppm U3O8for 44.9Mlbs contained U3O8  (100ppm 
cut-off). 
 
Its  flagship assets are the A238 prospect (23.4Mlbs U3O8) and the Bir En Nar project (2.06Mlbs U3O8)  in 
Mauritania, and the Firawa Project in Guinea (19.5Mlb U3O8). 
 
Forte Energy U3O8  JORC resources (all at a 100ppm cut-off): 
 
=----------------------------------------------------------------------------------------------------- 
Project              Resource Category         M tonnes         ppm U3O8           Contained U3O8 Mlbs 
=----------------------------------------------------------------------------------------------------- 
A238*                         Inferred             45.2              235                          23.4 
=----------------------------------------------------------------------------------------------------- 
Bir En Nar                   Indicated              0.5              886                           1.0 
                    ---------------------------------------------------------------------------------- 
                              Inferred              0.8              575                           1.0 
=----------------------------------------------------------------------------------------------------- 
Firawa                        Inferred             30.3              295                          19.5 
=----------------------------------------------------------------------------------------------------- 
Total                        Indicated              0.5              886                           1.0 
                    ---------------------------------------------------------------------------------- 
                              Inferred             76.3              262                          43.9 
                    ---------------------------------------------------------------------------------- 
                                 Total             76.8              266                          44.9 
=----------------------------------------------------------------------------------------------------- 
 
        * A238NW Anomaly included in the A238 Inferred Resources 
 
Forte  Energy's  strategy is to target high grade uranium ore bodies and build a low cost  West  African- 
focused  uranium  producer. The Company is quoted on the Australian Stock Exchange  (ASX:  FTE)  and  AIM 
market of the London Stock Exchange (AIM: FTE). For more information, visit www.forteenergy.com.au. 
 
Note: 
The information in this report that relates to the reporting of Mineral Resources is based on information 
compiled  by  Mr.  Galen  White, who is a Fellow of the Australasian Institute of Mining  and  Metallurgy 
(FAusIMM).  Mr White is the Principal Geologist of CSA Global (UK) Ltd. CSA Global have an on-going  role 
as  geological consultants to Forte Energy NL. Mr. White has sufficient experience which is  relevant  to 
the  style  of  mineralisation and type of deposit under consideration and to the activity  which  he  is 
undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for 
Reporting  of  Exploration  Results,  Mineral Resources and Ore Reserves'.  Mr.  White  consents  to  the 
inclusion  in  this report of the matters based on his information in the form and context  in  which  it 
appears. 
 
 
 
Forte Energy NL