These results follow the first set of assay results, which reported intercepts of >1,000ppm U3O8 from every hole.
The company said that chemical analysis results have so far been received from 29 diamond core drill holes. The company is awaiting the chemical assay results from the remaining 21 holes of the 50 holes completed.
Once these results are received they will be incorporated with existing results to enable calculation of an initial JORC Code compliant Mineral Resource estimate for Bir En Nar. The final assays to be received relate to the samples that were dispatched to Perth, Australia to expedite processing.
The area is dominated by granites of different modes in an early proterozoic domain. The best parts of the mineralization occur in the vicinity of a characteristic fine-medium grained granite.
The mineralisation occurs on both sides of a North-West trending fracture zone. Orientated in-fill core drilling has given a better understanding of the mineralisation where the best part is composed of five to six separate bodies within a 100mt wide steeply dipping zone. Two near horizontal faults slightly offset the bodies by about
10mt.
The Bir En Nar is the most advanced of Forte Energy’s uranium exploration projects in Mauritania and the delineation of a maiden uranium resource estimate is an important step towards the company’s ultimate development and production goals, the company added.