Exciting announcement from FTE today that further enhances EZE's longer term prospects in Mauritania via Ghazal. Improving world economy = increasing energy demand. EZE potential+ Cheers Muzz.
Preliminary results of reconnaissance drilling from four uranium anomalies
Preliminary results received from four locations (Beso, Bir En Nar, M52 and M60)
from within the southern sections of Forte Energys exploration licences in
northern Mauritania. These assays are part of a 5000m program of short-hole
Reverse Circulation (RC) drilling targeting 10 uranium anomalies
The results provide further confirmation of the potential of the Reguibat Craton in
Northern Mauritania to be a significant new uranium province. Forte Energy has
first mover advantage in this province with an extensive ground position covering
key lineaments
Highly prospective Beso anomaly 5km south-west of Bir En Nar identified for
further drilling following high-grade chemical assays including:
o BSRC10: 2m @ 1283 ppm Uranium
o BSRC12: 6m @ 537 ppm U
o BSRC18: 17m @ 1166 ppm U
o BSRC19: 15m @ 813 ppm U
o BSRC21: 16m @ 776 ppm U
New zone of uranium mineralisation identified at Bir En Nar between existing
North and South zones with assays including 3m @ 1027 ppm U. Further drilling
planned for possible incorporation into recently announced initial JORC resource
Uranium mineralisation confirmed at M52 and M60 with best assays including:
o M52RC02: 5m @ 524 ppm U
o M52RC07: 1m @ 667 ppm U
o M60RC01: 9m @ 533 ppm U
o M60RC03: 12m @ 359 ppm U
Assay results from the remaining six anomalies drilled in the northern sections of
the licence areas to be released when available
International uranium company Forte Energy NL (ASX/AIM: FTE;
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regional prospects further enhanced
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