Guinea

Forte Energy holds four Uranium Prospecting Permits in the Republic of Guinea, West Africa. The permits cover 847 square kilometres over two separate concession areas – Firawa and Bohoduo.

Firawa

Previous partial exploration in the 1980s by Davy McKee identified a five-kilometre anomaly lying in an east-west direction at the Firawa prospect. Field visits by Forte Energy have confirmed 25-year-old deep pits and trenches on the anomaly peaks.

An initial drilling program was successfully completed during May 2007. This program comprised 29 Reverse Circulation (RC) drill holes over 1,809 metres, targeting a highly prospective two-kilometre section within Forte’s licences.

Final assay results included intersections of:

  • 12m @ 771ppm U3O8 (including 1m @ 995ppm U3O8)
  • 10m @ 652ppm U3O8 (including 1m @ 1,325ppm U3O8), and
  • 5m @ 749ppm U3O8 (including 1m @ 1,020ppm U3O8).

A follow-up diamond drilling program commenced in December 2008, targeting a JORC-compliant resource estimate for Firawa. The initial 4,000 metre program was increased to 5,859 metres based on encouraging initial results.

Using a cut-off grade of 100ppm U3O8, the initial Inferred Resource estimate is 17.7Mt grading 296ppm U3O8 for 11.6 million pounds of contained U3O8. The resource, which was independently estimated and verified by Coffey Mining Pty Ltd, is summarised below using a range of different cut-off grades:

Cut off (U3O8 ppm) Mt Grade (U3O8 ppm) U3O8 (M lbs)
100 17.7 296 11.6
200 14.1 329 10.2
300 7.7 396 6.7
400 2.9 475 3.0

Further drilling has been recommended to test for extensions to the deposit - which remains open along strike and down dip.

Encouraging metallurgical test results have been received from Firawa Project samples and indicate potential for economic recovery from leaching, with recommendations for further pre-feasibility optimisation studies currently under consideration.

Bohoduo

Previous ground work and uncompleted diamond drilling by Davy McKee targeted a 700-metre long, irregular uranium anomaly at Bohoduo. Forte Energy has confirmed the presence of uranium mineralisation, and airborne geophysical data indicates a 12-kilometre long extension of the anomaly to the east.

An initial drilling program was carried out during May 2008. While the results were promising, Forte is currently focusing on its more advanced projects at Firawa and also in Mauritania.

Guinea Results

Date Name Filesize
Jul. 2009 Firawa Maiden JORC Resource (3 MB)
Jun. 2009 Firawa Assay Results - 2008 Drilling (324 KB)
Sep. 2007 Firawa Assay Results - 2007 Drilling (165 KB)

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