Forte Energy NL ACN 009 087 852 ASX, AIM and Media Release 6th February 2012 Two new Uranium Exploration Permits granted in Mauritania International uranium company Forte Energy NL (ASX/AIM: FTE; "Forte Energy" or "the Company") is pleased to announce that it has been granted two new uranium exploration permits in Mauritania, West Africa: Licences 1588 - Nord Tmeimichat Rhall Amane and 1173 - Bir Ould Ben Nasser. The licences cover an area of 1,325km2 and are located near the Company's existing licences in the north of the country. The Company announced in September 2011 that it has applied for these permits, at the same time as the Hasi Baida permit. The Company now holds ten uranium exploration permits within Mauritania for a combined area of over 9,925km2, in addition to its Firawa and Bohoduo uranium prospects in Guinea, which total 847km2. To view Figure 1: Forte Energy uranium exploration permits, Mauritania, please open the following link in a new window: [ http://media3.marketwire.com/docs/Energy-uranium-exploration-permits-Mauritania.JPG ]. Bir Ould Ben Nasser (375km2) is located to the east of the Gleibat Ten Edbar licence and to the north of the Rhall Amane licence. During 2011 a combination of radiometric surveys and ground works have identified surface uranium mineralisation similar to that in areas to the west and to the south. To view Figure 2: Forte Energy new uranium exploration permits, Mauritania, please open the following link in a new window: [ http://media3.marketwire.com/docs/Energy-new-uranium-exploration-permits-Mauritania.JPG ]. Nord Tmeimichat Rhall Amane (1,000km2) situated approximately 40km to the east of the existing Forte Energy licence Rhall Amane, has been identified as a prospective calcrete prospect similar to Hasi Baida. The area was identified by a combination of the interpretation of the airborne survey data at the Department of Mines and Geology (DMG) in Nouakchott and field studies. Following the completion of the Reverse Circulation (RC) drilling programmes by the end of Q1 2012 at Hasi Baida and Tisram, a preliminary RC programme will start in Q2 at the two new licences. As announced on the 27th September 2011, Forte Energy has agreed to grant up to 5 million options to its long-time Mauritanian business partners, Mauritanian Mining Services (MMS), in recognition of their considerable efforts in managing the Company's local affairs in Mauritania, including these licence applications. The options are to be granted to MMS with an exercise price of A12.5 cents per share. The options are exercisable within three years of being granted, and will be granted if and when the following milestones are achieved: * 2 million options to be granted upon the issue of the three new permits (948, 949 and 1173), * 2 million options upon the commencement of exploration drilling on the new permits, and * 1 million options upon the release of an initial JORC code compliant mineral resource within the permits. The granting of Licence 1173 represents attainment of the first milestone. Accordingly the first 2 million options will now be granted to MMS. Mark Reilly, Managing Director of Forte Energy commented: "The Company is pleased to add these licences to its highly prospective portfolio of exploration holdings within Mauritania and is grateful for the assistance of Mauritanian Mining Services in successfully managing the application process to achieve this result. Forte is today one of the largest exploration companies operating in Mauritania, and has committed to an intensive drilling programme to further increase its current JORC resource of 28.5Mlbs of U3O8. We look forward to undertaking further field activities to explore the potential of these licences. Mark Reilly Managing Director For further information contact: Mark Reilly, Managing Director Forte Energy NL Tel: +44 (0) 203 3849555 Rob Collins/Tarica Mpinga Canaccord Genuity Limited Tel: +44 (0) 207 050 6500 Bobby Morse/Louise Hadcocks Buchanan Tel: +44 (0) 207 466 5000 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 3C Princes House 1292 Hay Street 38 Jermyn Street West Perth WA 6005 London SW1Y6DN Ph: +61 (0)8 9322 4071 Ph: +44 (0)203 3847474 Fax: +61 (0)8 9322 4073 Fax: +44 (0)207 2878387 Email: [ info@forteenergy.com.au ] Email: [ info@forteenergy.co.uk ] 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 45.5Mt @ 284ppm U3O8for 28.5Mlbs contained U3O8 (100ppm cut-off). Its flagship assets are the A238 prospect (14.9Mlbs U3O8) and the Bir En Nar project (2.06Mlbs U3O8) in Mauritania, and the Firawa project in Guinea (11.6Mlb U3O8). Forte Energy U3O8 JORC resources (all at a 100ppm cut-off): Project Resource M tonnes ppm U3O8 Contained Category U3O8 Mlbs A238 Inferred 26.5 256 14.9 (Mauritania) Total 26.5 256 14.9 Bir En Nar Indicated 0.55 886 1.0 (Mauritania) Inferred 0.78 575 1.0 Total 1.33 704 2.0 Firawa Inferred 17.7 296 11.6 (Guinea) Total 17.7 296 11.6 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 ] 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 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). 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 Firawa in Guinea is based on information compiled by Mr. Bosse Gustafsson of Forte Energy NL and Mr. Doug Corley of Coffey Mining Ltd. 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. 

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