Rockgate Capital Corp.
TSX : RGT

Rockgate Capital Corp.

February 14, 2011 07:01 ET

Rockgate Definition Drilling Returns 0.22% U3O8, 1482.7 g/tonne Ag and 0.4% Cu Over 3 Metres at Falea Uranium/Silver/Copper Project, Mali, West Africa

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 14, 2011) - Rockgate Capital Corp. (TSX:RGT) (the "Company") is pleased to announce assay results from five diamond drill holes completed on the 084 Trend, North Zone Area at Rockgate's 100% owned Falea Project. Assay results are as follows in Table 1.

Table 1
Hole Name From (m) To (m) Length (m) U3O8% XRF Ag (g/t) Cu %
DF-265 275.0 279.0 4.0 0.19 663.8 0.13
DF-266 277.0 279.0 2.0 0.40 905.0 0.34
DF-267 276.0 279.0 3.0 0.22 1482.7 0.40
DF-268 278.0 281.0 3.0 0.18 692.0 0.38
DF-269 277.0 280.0 3.0 0.11 245.0 1.11
Core lengths are estimated to be 100 percent of true width.

084 Trend

  • Mineralization is hosted in competent, flat-lying sandstones near the unconformity.
  • The continuing confirmation of the tabular and uniform nature of the orebody indicates that a room and pillar mining operation should be feasible.
  • 25 x 25 metre grid drilling confirms consistent high grade uranium mineralization.
  • Higher grade mineralization along north-west trend.

General Discussion

  • Additional high-grade uranium-silver mineralization may be associated with similar north-west trends already identified in the North Zone.
  • The Falea Sedimentary Basin appears to be similar in age and geological setting to the Athabasca Basin in Canada. The 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.
  • Maps showing drill collar locations and cross sections are available on www.rockgatecapital.com.

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.

Please visit our website at www.rockgatecapital.com.

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

Signed
_______________________
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
    (604) 689-7442 (FAX)
    www.rockgatecapital.com