May 05, 2010 08:45 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 5, 2010) - Rockgate Capital Corp. (TSX VENTURE:RGT) (the "Company") is pleased to announce the discovery of two new mineralized areas at the Falea uranium, silver and copper property in southwest Mali. The discovery of the Kania and the Zhang Prospect Areas significantly increases the overall area of known mineralization at Falea and the potential to discover additional deposits at Falea. A location map of the new areas is posted on the Company website, www.rockgatecapital.com/news.
Kania Prospect Area
The Kania Prospect Area is located approximately five kilometres due east from the North Zone-Plateau Edge Structure, the focus of the Company's current drill program. Kania was discovered during geological mapping and prospecting by consulting structural geologist Dr. Guowei Zhang. Dr. Zhang collected four grab samples for analysis based on high scintillometer readings during his on-going mapping program. All four samples contain malachite + pitchblende exploiting bedding-parallel shears. Rockgate management cautions that grab samples are selective by nature and are unlikely to represent average grades across the new zone.
Zhang Prospect Area
VP Exploration Lorne Warner commented, "The grade of uranium and extent of mineralization discovered make the Kania Area a high priority target for drill testing. A drill road is currently under construction to this area. The Zhang Area is host to some of the most intense structural deformation identified to date at Falea. With the recent discovery of high-grade uranium at the Plateau Edge Structure (RGT news release March 4th 2010), the strong spatial relationship between higher grades and structures has become more important."
Mr. Lorne Warner, P. Geo, Director and VP Exploration, is the Qualified Person for the Company under NI 43-101. All grab samples are sent to ALS-Chemex in Bamako for sample preparation. Pulps are then sent to ALS-Chemex in Johannesburg, South Africa, for ICP-MS and XRF analysis.
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.
Rockgate Capital Corp.
Rockgate Capital Corp.
VP Corporate Development
(604) 689-7442 (FAX)
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