Forte Energy Releases Quarterly Report

Forte Energy NL (ASX:FTE,LSE:FTE) announced a quarterly and cashflow report for the first quarter of 2012.

As quoted in the press release:

Uranium Exploration – Mauritania (West Africa)

* A238 Inferred Resource increased to 23.4Mlbs from 14.9Mlbs at a cut-off grade of 100ppm U308

* A238NW anomaly located 800m to the north west of the A238 Main zone included in the resource and
has added over 1.4Mlbs of uranium

Click here to read the Forte Energy NL (ASX:FTE) press release.