Financially Forte are in a stable position going forward having completed a A$12m capital raising; the company has stated that this will be sufficient capital to support all the drilling and follow up work in Mauritania/Guinea well into 2010.

Transcript of recent audio interview with Mark Reilly, MD of ASX and AIM listed uranium junior, Forte Energy

The initial inferred resource estimate is 17.7 milion tonnes grading 296ppm U308 for 11.6 million pounds of contained U308.

Forte Energy’s focus is uranium in Africa, an area that is rapidly garnering attention as a hotbed of activity for uranium exploration and discovery after the impressive string of substantial discoveries and transactions in Namibia and Niger in recent years.