Rockgate Capital Corp.
TSX VENTURE : RGT

Rockgate Capital Corp.

April 26, 2010 08:45 ET

Rockgate Contracts Golder Associates to Commence Environmental and Social Impact Studies at Falea U, Ag, Cu Project, Mali, West Africa

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 26, 2010) - Rockgate Capital Corp. (TSX VENTURE:RGT) (the "Company") is pleased to announce that Golder Associates has been retained to provide environmental and social baseline studies on the Falea Project, Mali.

As part of its engagement, Golder has provided Rockgate management with a comprehensive list of objectives for the studies including:

  1. developing an initial understanding of the existing environmental and social conditions at the Falea site and in the surrounding region;
  2. reviewing approximate locations of all possible future project components and activities for the Falea Project site including the current planned timelines for preliminary feasibility and feasibility studies;
  3. understanding the main environmental permitting standards;
  4. initiating baseline studies into the main issues to be covered by an Environmental and Social Impact Assessment (ESIA); and
  5. identifying sensitive features or key issues that may affect project planning.

Karl Kottmeier, Rockgate president, commented, "We are pleased to have Golder Associates start environmental and social impact studies at this stage in the ongoing development of the Falea deposit. Golder is an internationally recognized leader in environmental consulting, and having completed Rockgate's preliminary NI 43-101 resource calculation on the Falea deposit, Golder has excellent familiarity with the Falea deposit, and the local and regional area. Rockgate has always strived to maintain strong relationships with all stakeholders in Mali and is committed to the highest standards of health, safety, and environmental responsibility."

Exploration and development drilling is currently underway at the Falea project with two drill rigs working to complete the remaining 40 holes of the winter-spring 2010 drill program, prior to the Company commencing a new resource calculation for the Falea deposit. The update to the current NI 43-101 resource calculation will include over 60 holes drilled between late 2009 and early 2010 and is anticipated to be completed by August, 2010.

Mr. Lorne Warner, P. Geo, Director and VP Exploration, is the Qualified Person for the Company under NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS OF ROCKGATE CAPITAL CORP.

Karl Kottmeier, President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Rockgate Capital Corp.
    Karl Kottmeier
    President
    (604) 678 8941
    or
    Rockgate Capital Corp.
    Kirk Gamley
    VP Corporate Development
    (604) 678 8941
    (604) 689 7442 (FAX)
    www.rockgatecapital.com