Forte Energy NL ACN 009 087 852 ASX/AIM: FTE ASX, AIM and Media Release 6th October 2011 High Grade Assays from Hasi Baida, Mauritania International uranium company Forte Energy NL ("Forte Energy" or "the Company") (ASX: FTE, AIM: FTE) is pleased to announce high grade assays from field work carried out to date within the Company's Hasi Baida uranium exploration permit, one of two permits recently granted. Assay results from a surface sampling programme carried out by the Company confirmed the presence of uranium hosted in calcrete mineralisation at a number of anomalies within the permit area. The surface sampling yielded uranium grades up to 2.59% U (25,900ppmU). Assays from eight anomalies within the Hasi Baida permit area returned results greater than 1,000ppmU. A table showing these results is provided in Figure 2. To view Figure 1: Forte Energy new uranium exploration permits, Mauritania, please open the following link in a new window: [ http://media3.marketwire.com/docs/fe_f1.jpg ] Hasi Baida is a highly prospective calcrete area situated approximately 50km north-east of the existing Forte Energy licences and covers over 800km2. It is anticipated that a 1,500 - 2,000m reverse circulation ("RC") drilling programme will commence early in 2012 targeting eight separate prospects within the Hasi Baida licence. The targets are all uranium in calcrete deposits. ----------------------------------------------------------------------------------- Anomaly Sample Zone Easting Northing Uppm ----------------------------------------------------------------------------------- 203 203C 29R 398216 2793618 1,600 ----------------------------------------------------------------------------------- 204 204A 29R 398755 2794916 25,900 ----------------------------------------------------------------------------------- 204 204B 29R 398737 2794938 12,200 ----------------------------------------------------------------------------------- 204 204C 29R 398749 2794951 2,330 ----------------------------------------------------------------------------------- 204 204D 29R 398761 2794965 4,870 ----------------------------------------------------------------------------------- 206 206B 29R 396918 2796592 1,050 ----------------------------------------------------------------------------------- 209 209B 29R 395433 2799950 4,950 ----------------------------------------------------------------------------------- 209 209C 29R 395469 2799923 2,150 ----------------------------------------------------------------------------------- 210 210A 29R 396503 2801464 2,700 ----------------------------------------------------------------------------------- 210 210B 29R 396481 2801442 1,540 ----------------------------------------------------------------------------------- 210 210C 29R 396511 2801446 1,240 ----------------------------------------------------------------------------------- 275 275C 29R 398403 2798620 1,570 ----------------------------------------------------------------------------------- 321 321D 29R 415152 2808481 1,010 ----------------------------------------------------------------------------------- 330 330D 29R 399546 2806037 1,620 ----------------------------------------------------------------------------------- 330 330F 29R 399557 2806053 1,990 ----------------------------------------------------------------------------------- Figure 2: Reconnaissance samples > 1,000ppmU, Hasi Baida. Potential targets were identified from airborne survey data at the Department of Mines and Geology (DMG) in Nouakchott and were followed up with a surface sampling programme by Forte Energy. Early work undertaken by the Company indicates that the principal uranium mineral is carnotite and that no gypsum was detected. Mark Reilly, Managing Director of Forte Energy, commented: "These exciting assay results confirm the great potential of the Hasi Baida licence in Mauritania. Surface sampling subsequently undertaken returned assays of greater than 1000 ppm U from eight separate anomalies within Hasi Baida, including one sample from Anomaly 204 of 25,900 ppm U. An aggressive exploration programme including up to 2,000m of RC drilling has already been planned for the current field season." Mark Reilly Managing Director For further information contact: Mark Reilly, Managing Director Forte Energy NL Tel: +44 (0) 203 300 0187 Mark Williams/Tarica Mpinga Canaccord Genuity Limited Tel: +44 (0) 207 050 6500 Bobby Morse/Louise Hadcocks Buchanan Tel: +44 (0) 207 466 5000 Nicholas Read/Paul Armstrong Read Corporate Tel: +61 (0) 8 9388 1474 Stuart Laing RFC Corporate Finance Ltd Tel: +61 (0) 8 9480 2506 (AIM Nominated Adviser to the Company) Forte Energy NL Australia United Kingdom Suite 3, Level 3 Chesterfield House 1292 Hay Street 1 Chesterfield Street West Perth WA 6005 London W1J 5JF Ph: +61 (0(8 9322 4071 Ph: +44 (0)203 300 0188 Fax: +61 (0)8 9322 4073 Fax: +44 (0)207 409 2857 Email: [ info@forteenergy.com.au ] Email: [ info@forteenergy.co.uk ] Web: [ www.forteenergy.com.au ] Note: The information in this report that relates to Exploration Results is based on information compiled by Mr. Bosse Gustafsson, who is a Member of the European Federation of Geologists, a 'Recognised Overseas Professional Organisation' ('ROPO') included in a list promulgated by the ASX from time to time. Mr Gustafsson is a full time Technical Director of Forte Energy NL and is responsible for exploration activities in Mauritania and Guinea. Mr. Gustafsson 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 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr. Gustafsson consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. The information in this report that relates to the Mineral Resource at Firawa in Guinea is based on information compiled by Mr. Bosse Gustafsson of Forte Energy NL and Mr. Doug Corley of Coffey Mining Ltd. The information in this report that relates to the Mineral Resource at Bir En Nar in Mauritania is based on information compiled by Mr. Bosse Gustafsson of Forte Energy NL and Mr. Neil Inwood of Coffey Mining Ltd. The information in this report that relates to the Mineral Resource at the A238 prospect in Mauritania is based on information compiled by Mr. Bosse Gustafsson or Forte Energy NL and Mr Galen White BSc (hons) FGS, MAUSIMM, Principal Geologist of CSA Global Inc (UK). Mr. Gustafsson, Mr. Corley, Mr. Inwood and Mr. White have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they have undertaken to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr. Gustafsson, Mr. Corley, Mr. Inwood and Mr. White consent to the inclusion in this report of the matters based on their information in the form and context in which it appears. About Forte Energy Forte Energy is an Australian-based minerals company focused on the exploration and development of uranium and associated bi-products in Guinea and Mauritania in West Africa. The Company has an extensive pipeline of assets and total JORC resources of 45.5Mt @ 284ppm U3O8 for 28.5Mlbs contained U3O8 (100ppm cut-off). Its flagship assets are the Firawa project in Guinea (11.6Mlb U3O8) and the Bir En Nar project in Mauritania (2.06Mlbs U3O8), with a maiden resource at the A238 prospect in Mauritania recently announced (14.9Mlbs U3O8). The Company has also received encouraging rare earth elements results from Firawa, with a JORC resource expected in H2 2011. Forte Energy U3O8 JORC resources (all at a 100ppm cut-off): ----------------------------------------------------------------------------------------------------- Project Resource Category M tonnes ppm U3O8 Contained U3O8 Mlbs ----------------------------------------------------------------------------------------------------- Firawa Indicated 17.7 296 11.6 (Guinea) -------------------------------------------------------------------------------- Total 17.7 296 11.6 ----------------------------------------------------------------------------------------------------- Bir En Nar Indicated 0.55 886 1.0 (Mauritania) ----------------------------------------------------------------------------------------------------- Inferred 0.78 575 1.0 -------------------------------------------------------------------------------- Total 1.33 704 2.0 ----------------------------------------------------------------------------------------------------- A238 Inferred 26.5 256 14.9 (Mauritania) -------------------------------------------------------------------------------- Total 26.5 256 14.9 ----------------------------------------------------------------------------------------------------- Total Indicated 0.5 886 1.0 -------------------------------------------------------------------------------- Inferred 45 277 27.5 -------------------------------------------------------------------------------- Total 45.5 284 28.5 ----------------------------------------------------------------------------------------------------- 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 ]

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