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Forte Energy Reports 21% Uranium Increase

Written by Investing News Network
|
Aug. 01, 2012 01:44PM PST

Forte Energy NL (ASX:FTE,LSE:FTE) announced an update on its quarterly activities, including a 21% resource increase.

Forte Energy NL (ASX:FTE,LSE:FTE) announced an update on its quarterly activities, including a 21% resource increase.

Forte Energy’s Managing Director, Mark Reilly said:

Forte Energy continues to make substantial progress, as demonstrated by the significant 68% increase in resources at the Firawa Project during the quarter, taking the Company’s total JORC compliant resource up to 45Mlbs of contained U308. Following a review of all results received during the completed field season, we look forward to initiating scoping studies in both Mauritania and Guinea and planning additional exploration activities with the aim of further adding to the Company’s rapidly growing resource base.

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

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