Rockgate Capital Corp.
TSX VENTURE : RGT

Rockgate Capital Corp.

September 12, 2007 12:01 ET

Rockgate Capital Corp.: High Grade Gold and Uranium Assay Results From Upits Prospect, Bathurst Inlet Project, Nunavut

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 12, 2007) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

Rockgate Capital Corp. (TSX VENTURE:RGT) (the "Company") is pleased to announce sample assay results obtained from the Company's Upits Gold and Uranium Prospect located within the approximately 1,000 square kilometre project area in the Proterozoic, Kilohigok Basin near Bathurst Inlet, Nunavut Territory, Canada.

The Upits trenches contain high gold values including 141.0 g/t and 92.70 g/t and uranium values of 1.29%. All samples were collected from existing trenches but are considered to be subcroppings.

Rockgate's Bathurst Inlet project is located along the west side of Bathurst Inlet, over a large Proterozoic, sedimentary basin with known gold and uranium occurrences. These occurrences are situated near the basal angular unconformity and in close proximity to the large regional Bathurst Inlet Fault.

Historical sampling completed by Cominco in the mid 1970's returned up to 14.50 oz/ton gold and 5.55% U308, (Cominco results are believed to be accurate but have not been verified by the Company and not to the standard of NI 43-101).



TABLE # 1

SAMPLE SAMPLE U VALUE AU VALUE CU VALUE
# TYPE LOCATION ROCK TYPE (%) (grams/tonne) (%)

D9023 GRAB Upits Trench Brecciated Qv 1.29 92.70 -
# 1
D9024 GRAB Upits Trench Quartz vein 0.020 9.93 0.14
# 1
D9025 GRAB Upits Trench Quartz vein 0.020 7.54 -
# 1
D9026 GRAB Upits Trench Massive 0.036 0.11 -
# 1 Sulphides
D9027 GRAB Upits Trench Quartz vein 0.283 141.0 -
# 2
D9028 GRAB Upits Trench Quartz vein 0.004 0.59 0.47
# 2
D9029 GRAB Upits Trench Quartz vein 0.002 0.42 0.64
# 3


High concentrations of mercury, selenium and bismuth are associated with high values of uranium and gold in the Upits prospect area. Assay results in Table #1 are from 7 rock samples taken from 3 existing trenches, collected in July, 2007 by Rockgate personnel.

The Upits prospect is located approximately 60 kilometres north to north-west of the Pomy prospect and contains sub-croppings from trenches of quartz veins and semi massive to massive sulphides.

An airborne geophysical survey of the entire project area is currently underway and is expected to be completed by the end of September. Geological crews are on site and will continue to evaluate known mineral occurrences and will follow up any new geophysical anomalies identified by the airborne survey.

Eco Tech Laboratory Ltd. of Kamloops B.C., an accredited laboratory, is conducting the sample preparation and analyses. 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

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this press release.

Contact Information

  • Rockgate Capital Corp.
    Karl Kottmeier
    President
    (604) 678-8941