Forte Energy NL ACN 009 087 852 ASX, AIM and Media Release 8th October 2012 Ground surveys confirm extensions along strike at the A238 Prospect in Mauritania Forte Energy NL ("Forte Energy" or "the Company") (ASX/AIM: FTE) 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. Highlights - During September, SEMS Exploration Ltd completed a combined high resolution ground magnetic and radiometric survey over the A238 prospect in Mauritania totalling over 470 line km. - The survey has confirmed the following: - Structural control of the A238 prospect in the Zednes shear zone; - Extension of the main shear zone to the south for over 3.5km, below the sedimentary cover; and - The structure continues to the north for over 2km, near to surface and outcropping. - A Reverse Circulation drilling programme is scheduled to start in November to test these highly prospective areas along strike to the south and north of the A238 prospect. Forte Energy's JORC compliant Resource Statement for A238 as at April 2012 (100ppm U308 cut-off) --------------------------------------------------------------------------------------------- Area Resource Tonnage Grade Contained U3O8 Category (Mt) (ppm U3O8) (Mlbs) --------------------------------------------------------------------------------------------- A238 Prospect Inferred 42.8 233 22.0 --------------------------------------------------------------------------------------------- A238NW Inferred 2.4 266 1.4 --------------------------------------------------------------------------------------------- A238 Total Inferred 45.2 235 23.4 --------------------------------------------------------------------------------------------- Commenting on the update, Mark Reilly, Managing Director of Forte Energy, said: "Forte Energy's A238 prospect in Mauritania has already delivered excellent results, with 23.4Mlbs in JORC compliant resources. It is very encouraging to note the potential of further extensions to this shear zone to both the south and the north of A238. With the drilling season due to start next month and with the funding secured earlier this year, Forte Energy is looking forward to testing the significant identified potential for further mineralisation along the shear zone with the objective of increasing the resource base of what is increasingly looking like a substantial uranium asset." A238 Prospect The A238 mineralisation is hosted within metasomatised granite. Previous mapping and drilling has identified a strong structural control on the uranium mineralisation at A238. The recognised mineralisation is controlled within a north-westerly striking, sub-vertically orientated ductile shear zone. The latest interpretation suggests both sub-vertical shear related mineralisation, together with possible high grade mineralisation controlled by 20-350 west dipping zones developed between the sub parallel bounding structures. Grade interpretation and limited surficial structural data also suggest rolling to shallow northerly plunging shoots and lenses of uranium mineralisation over a strike length of 1.75km in the main zone. This mineralisation is open, particularly to the south where thin sedimentary cover has masked any radiometric surface expression. To test the structural control along strike to the north west and south east of the existing A238 prospect, Geophysical consultants SEMS Exploration Ltd of Accra, Ghana, were engaged to execute a combined high resolution ground magnetic and radiometric survey. The survey commenced on the 20th September and covered an area of over 21km2 at a line spacing of 50m; approximately 470km of ground line surveys were completed. Traverse lines were walked by two surveyors working on 50m line spacing on a north south traverse. To view Figure 1: Sun Shaded magnetic field over the A238 Prospect, please open the following link in a new window: [ http://media3.marketwire.com/docs/forte_1008_uk_graphic.pdf ] The survey was completed on the 28th September with the collected data compiled into one database utilising the WGS84 projection system. Following compilation and interpretation of the high resolution ground magnetic and radiometric surveys, it has been confirmed that the A238 prospect is structurally controlled within the Zednes shear zone. To the north of the existing A238 prospect the structure continues for over 2km, near to surface and outcropping. To the south of the A238 prospect the surveys have confirmed that the structure extends to the south under quaternary cover for more than 3.5km. Preparation is now underway for a Reverse Circulation drilling programme that is scheduled to start in November to explore the highly prospective areas to the north and south of the A238 prospect. Mark Reilly Managing Director For further information contact: Mark Reilly, Managing Director Forte Energy NL Tel: +44 (0) 203 3849555 Geoff Nash/Ben Thompson Tel: +44 (0)207 220 0500 Elizabeth Johnson (broking) finnCap Bobby Morse/Louise Hadcocks/Cornelia Browne Buchanan Tel: +44 (0) 207 466 5000 Stuart Laing RFC Ambrian 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 76.8Mt @ 266ppm U3O8for 44.9Mlbs contained U3O8 (100ppm cut-off). Its flagship assets are the A238 prospect (23.4Mlbs U3O8) and the Bir En Nar project (2.06Mlbs U3O8) in Mauritania, and the Firawa Project in Guinea (19.5Mlb U3O8). Forte Energy U3O8 JORC resources (all at a 100ppm cut-off): ------------------------------------------------------------------------------------------------------- Project Resource Category M tonnes ppm U3O8 Contained U3O8 Mlbs ------------------------------------------------------------------------------------------------------- A238* Inferred 45.2 235 23.4 ------------------------------------------------------------------------------------------------------- Bir En Nar Indicated 0.5 886 1.0 ---------------------------------------------------------------------------- Inferred 0.8 575 1.0 ------------------------------------------------------------------------------------------------------- Firawa Inferred 30.3 295 19.5 ------------------------------------------------------------------------------------------------------- Total Indicated 0.5 886 1.0 ---------------------------------------------------------------------------- Inferred 76.3 262 43.9 ---------------------------------------------------------------------------- Total 76.8 266 44.9 ------------------------------------------------------------------------------------------------------- * A238NW Anomaly included in the A238 Inferred Resources 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 former Technical Director of Forte Energy NL. He has an ongoing role as a consultant to the Company. 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 Resources at the A238 prospect in Mauritania and at Firawa in Guinea is based on information compiled by Mr. Bosse Gustafsson of Forte Energy NL and Mr Galen White BSc (Hons) FGS, FAUSIMM, Managing Director and Principal Geologist of CSA Global (UK) 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. Neil Inwood is the Competent Person responsible for the resource estimation and classification. Mr Inwood is a Fellow of the AusIMM. As Mr Inwood is now no longer employed by Coffey Mining, Coffey Mining has reviewed this information release and consent to the inclusion, form and context of the relevant information herein as derived from the original resource reports for which Mr Inwood's consent has previously been given. Mr. Gustafsson, 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. White and Coffey Mining on behalf of Mr. Inwood 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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