Rockgate Capital Corp.
TSX : RGT

Rockgate Capital Corp.

February 28, 2011 07:01 ET

Rockgate Definition Drilling Intersects 1.09% U3O8, 443 g/tonne Ag and 0.26% Cu over 2.0 metres at North Zone, Falea Project in Mali, West Africa

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 28, 2011) - Rockgate Capital Corp. (TSX:RGT) (the "Company") is pleased to announce assay results from five diamond drill holes completed along and in close proximity to the Road Fault, at the North Zone of Rockgate's 100% owned Falea Project. Assay results are as follows:

Hole Name From
(m)
To
(m)
Length
(m)
U3O8%
XRF
Ag
(g/t)
Cu %   Area-
North Zone
DF-270 Upper 207 209 2 0.35 156 0.44   Road Fault
  Including 207 208 1 0.56 289 0.77    
                 
DF-270 Lower 262.5 274.5 12 0.12 42 0.14   Road fault
  Including 262.5 264.5 2 0.55 153 0.43    
                 
DF-271 Upper 207.5 209.5 2 0.74 916.5 0.6   Road Fault
  Including 207.5 208.5 1 1.08 1755 0.89    
                 
DF-271 Lower 272.5 274.5 2 1.09 443 0.26   Road Fault
  Including 272.5 273.5 1 1.59 638 0.46    
                 
DF-272 208 213 5 0.17 336.3 0.02   PES South
  Including 209 211 2 0.22 481 0.02    
                 
DF-273 207.7 208.7 1 0.07 465 0.12   PES South
                 
DF-274 204.5 211.5 7 0.03 194.5 0.17   PES South
  Including 204.5 207.5 3 0.07 213.7 0.01    

Core lengths are estimated to be 100 percent of true width.

General Discussion

  • Holes DF 270-272 were drilled to test for the potential continuation of the 084 trend to the southeast across the Road Fault.
  • Holes DF 273 and 274 were drilled to test for the potential continuation of the PES South.
  • Diamond drill holes from Road Fault area when drilled east to west can intercept the same horizon across the fault. The Road Fault is a reverse structure with approximately 65 metres off set in dip-slip movement.
  • Drill along the Road Fault in the North Area continues to demonstrate good continuity and grade for both uranium and silver.
  • Diamond drilling of the North Zone continues to define and expand the zone.
  • Exploration drilling is currently evaluating untested structures in the North Zone area.
  • A third diamond drill is currently being mobilized to site and expected to arrive in early April. A fourth drill is planned to arrive on site mid-summer.
  • Diamond drilling will test the Bodi and Kania Showings, to identify near-surface, bulk tonnage mineralization in 2011.
  • The Falea Sedimentary Basin appears to be similar in age and geological setting to the Athabasca Basin in Canada. These Falea Basin hosts high-grade uranium mineralization similar to that of the Athabasca Basin.
  • To date, only 5-6 percent of area hosting down-hole radiometric anomalies has been drill tested.

Mr. Lorne Warner, P. Geo, Director and VP Exploration, is the Qualified Person for the Company under NI 43-101. All core samples are cut in half on site and sent to ALS-Chemex in Bamako for direct shipment to ALS-Chemex in Johannesburg, South Africa, for ICP-MS and XRF analysis. The company inserts a standard, blank and requests a duplicate sample be run in every batch of 20 samples. In addition, the lab inserts in-house blanks, standards, and duplicates with each shipment. Data that falls outside the control limits are checked and repeated as necessary.

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

Karl Kottmeier, President

Neither Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 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
    www.rockgatecapital.com