Forte Energy NL

ASX:FTE ISIN:AU000000FTE4

Forte Energy NL (ASX:FTE) formerly Murchison United NL, is an Australian-based minerals company focused on the exploration, evaluation and development of uranium and energy-related projects worldwide. Its geographic segment includes Australia, Republic of Guinea and Islamic Republic of Mauritania. Forte Energy has secured a portfolio of uranium projects in the Republics of Guinea and Mauritania in West Africa, where it is pursuing intensive exploration programs. As of June 30, 2009, it was focused on exploration licenses in West Africa in the Republic of Guinea and the Islamic Republic of Mauritania. The Company also has two copper/cobalt projects in Australia: the Millenium leases in the Cloncurry area in Queensland and its 50% join venture interest in the Maroochydore Copper Project, operated by Aditya Birla Minerals Ltd, near Telfer in the Pilbara region of Western Australia. 
 
        

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Australian Market Report of December 22, 2010: Metminco (ASX:MNC) Commence Copper/Molybdenum Drilling in Peru

🕔12/22/2010 1:30:00 PM 11810

Australian Market Report of December 22, 2010 includes: Metminco Limited (ASX:MNC) commences 50,000 metre diamond drilling program at Los Calatos copper/molybdenum project in southern Peru; Ausgold Limited (ASX:AUC) announced further significant assay results from the Boddington South Gold Project; Synergy Metals Limited (ASX:SML) has signed a non-legally binding Memorandum of Understanding with Northwest Nonferrous International Investment Company Limited; Forte Energy NL (ASX:FTE) announced further Rare Earth Element assay results in Guinea.

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