PERTH (miningweekly.com) – ASX- and Aim-listed Forte Energy has declared a maiden Joint Ore Reserves Committee (Jorc) compliant resource of 1,33-million tons for its Bir En Nar uranium project, in Mauritania.
The project is estimated to contain 2,06-million pounds of uranium oxide, with 1,07-million pounds falling in the indicated category, and 0,99-million pounds in the inferred category.
The company said on Monday that this was its first Jorc resource in Mauritania and complemented its initial resource inventory of 17,7-million tons, for 11,6-million pounds of contained uranium oxide, at its Firawa project, in Guinea.
“Bir En Nar is a high-grade deposit which remains open at depth in several areas, including evidence for another mineralised zone between the northern and southern zones,” said Forte MD Mark Reilly.
The next drilling campaign would target these areas, said Reilly, as well as improve the data from the reverse circulation holes, which could not be incorporated into the initial resource statement.
“Bir En Nar has provided us with a good platform as we continue our strategy to build up several high-grade resources in our Mauritania portfolio. We look forward to the reverse circulation drilling results from our second priority target, Bir Moghrein later this quarter, and to restart drilling at Bir En Nar to lay the foundations for our next Jorc-resource statement,” said Re
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