Category: Potash / Phosphate

Rockgate Intersects 6.0 m @ 1.24% U3O8 and 34.8 g/tonne Ag at Falea Project, Mali

Continues to Extend High-Grade Uranium Mineralization at Plateau Edge Structure

Rockgate Capital Corp. (TSX:RGT) (the "Company") is pleased to announce assay results from diamond drill holes completed on Sections 1360575N (DF-257 to DF-259) and 1360700N (DF-263 to DF-264) on the Plateau Edge Structure "PES" at Rockgate's 100% owned Falea Project.

Plateau Edge Structure Discussion

--  Mineralization is hosted in competent flat-lying
    sandstones/conglomerates near the unconformity.
--  Excellent configuration for a room and pillar mining operation.
--  Potential drift access from the edge of the plateau 400 metres away,
    where the flat-lying favourable stratigraphy daylights.
--  25 x 25 metre grid drilling confirms consistent high grade uranium
    mineralization with widths of up to 6.0 metres trending at 318 degrees.
--  Drilling has extended the zone along 600 metres strike, open to north-
    west, since the PES was discovered in November 2009.


 

Drilling Results - Plateau Edge Structure (PES)



------------------------------------------------------------------------
Hole Name   From (m)  To (m)  Length (m) U3O8 %XRF   Ag (g/tonne)  Cu (%)
------------------------------------------------------------------------
Section 1360700 N
------------------------------------------------------------------------
DF-263        196.0   199.0         3.0       0.63         245.1     0.2
------------------------------------------------------------------------
 including    197.0   198.0         1.0       1.27          76.0     0.2
------------------------------------------------------------------------

------------------------------------------------------------------------
DF-264        192.3   193.3         1.0       0.74         168.0     0.9
------------------------------------------------------------------------
Section 1360575 N
------------------------------------------------------------------------
DF-257        205.5   209.5         4.0       0.66          51.9     0.3
------------------------------------------------------------------------
 including    205.5   206.5         1.0       1.60          68.0     0.6
------------------------------------------------------------------------

------------------------------------------------------------------------
DF-258        203.0   209.0         6.0       0.38         177.0     0.3
------------------------------------------------------------------------

------------------------------------------------------------------------
DF-259        201.4   207.4         6.0       1.24          34.8     0.5
------------------------------------------------------------------------
 including    204.4   206.4         2.0       3.09          20.2     0.8
------------------------------------------------------------------------
      and     205.4   206.4         1.0       4.87          20.1     0.8
------------------------------------------------------------------------
Core lengths are estimated to be between 97 to 100 percent of true width.


 

General Discussion



--  Additional high-grade uranium-silver mineralization may be associated
    with three 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. These recent developments now
    indicate 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.


 

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

SOURCE: Rockgate Capital Corp.

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