Forte Energy NL ACN 009 087 852 ASX, AIM and Media Release 13th November 2012 Drilling Programme commenced 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. The Company is pleased to announce that the Reverse Circulation (RC) drilling programme will start on the 14th November, 2012 and includes 54 holes totalling over 8,200m. The objective of the drilling campaign is to test the highly prospective areas along strike in the Zednes shear zone to the northwest and the southeast of the A238 prospect. To view Fig. 1: Mauritania Licence Areas, please open the following link in a new window: [ http://media3.marketwire.com/docs/fortfig1.pdf ] Following the recent completion of the combined high resolution ground magnetic and radiometric survey conducted by Geophysical consultants SEMS Exploration Ltd of Accra, Ghana, the results 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. The RC drilling programme started on the 12th November with a RC drill rig from Drillcorp Sahara Ltd testing the extensions to the south of the A238 prospect. The drilling programme to the south, stepping out at 200m intervals, includes 38 holes, totalling 5,700m and is scheduled to be completed in January 2013. In addition to representative samples being sent for assay, Poseidon Geophysics (Pty) Ltd will be conducting down-hole radiometric logging for all of the holes. To view Fig. 2: A238 Prospect RC Drilling Programme, please open the following link in a new window: [ http://media3.marketwire.com/docs/fortfig22.pdf ] Following completion of the southern drilling, the drill rig will then move to the north east of the A238 prospect, where 16 holes, totalling 2,500m are planned. The drilling programme is scheduled to be completed by mid-February 2013. CSA Global Pty Ltd will be updating the geological resource model during the course of the drilling programme with the objective of completing a resource update by the end of the first quarter 2013. Commenting on the update, Mark Reilly, Managing Director of Forte Energy, said: "The initiation of this drilling programme is key step in our efforts to better understand the highly prospective extensions to the north and south of the A238 Prospect and to work towards our wider goal of significantly building up the Company's resource base to well over 50Mlbs." 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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