For Immediate Release

Forest Gate Energy Inc.
Symbol & Exchange: FGE-V

Forest Gate Recovers 27 Diamonds from 122 Kimberlite

MONTREAL, QC. NOVEMBER 13, 2006 – Forest Gate Resources Inc. reports that it has found 27 diamonds from a single three-inch diameter drill hole targeting its portion of the 122 Kimberlite pipe located on its West Side Property near Prince Albert, Saskatchewan. The 122 Kimberlite spills westward across the shared boundary with Shore Gold on the western flank of the massive Fort a la Corne diamond field.

The 27 diamond tally also includes two macrodiamonds, stones with two faces greater than 0.5 millimetres, with the largest measuring 0.68 mm x 0.51 mm x 0.30 mm. Twenty five of the 27 diamonds are coloured white. The 27 diamonds came from 64 kilograms of split core that was sent to SGS Lakefield of Lakefield, Ontario for microdiamond analysis. The results are as follows.

 

Drill Hole Sample Weight (kg) Total MD Count +0.425 mm Sieve +0.300 mm Sieve +0.212 mm Sieve +0.150 mm Sieve +0.105 mm Sieve
FG06-32 64.00 27 1 2 4 10 10

The vertical three-inch drill hole, FG06-32, intersected 11.6 metres of kimberlite from 154.8 metres to 166.4 metres down hole. The volcaniclastic kimberlite is described as “coarse grained” containing “about 1% red garnets”. A second drill hole, FG06-33, collared 100 metres north of FG-06-32, intersected 1.8 metres of kimberlite and was not sampled.

“The results offer proof that the lateral portions of the 122 Kimberlite are diamondiferous.” said Steve Roebuck, Forest Gate’s Vice President of Exploration. “We set out to find diamondiferous kimberlite on the West Side Property and we did.”

To view an updated property map please visit our website at www.forestgate.ca.

Ralph Newson, P.Eng., P.Geo. and Qualified Person has edited and reviewed the technical information contained in this press release.