Apr 10 2013
Forte Energy NL ("Forte Energy" or "the Company") 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."
Source: http://www.forteenergy.com.au/