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 Vancouver,
British Columbia, February 24, 2009 - Rockgate Capital Corp. (TSX Venture:
RGT) (the �Company�) is pleased to announce that field work is underway at
the Falea project in Mali, West Africa. An induced polarization (IP)
geophysical survey over the North Zone has now been completed and the first
phase of the 2009 drilling program has commenced. Current plans are to
complete a 15- 20 hole diamond drilling program at the North Zone to follow
up on the successful 2008 drilling.
The IP survey tested the potential eastern strike extent of the North
Zone mineralization. The easternmost hole of the 2008 drill program,
DF-148, returned 0.20% U3O8 over 9.0 metres suggesting that the mineralized
unit in the Zone is thickening at a relatively consistent uranium grade.
The current diamond drilling program targets the eastern extension of
the North Zone with the help of the IP survey. The program will step drill
holes to the east on sections spaced 200 metres apart. Holes will be spaced
at 100 metres on each section. Thus the drill program has the potential to
expand the North Zone over 1000 metres to the east.
In addition, the Company is contemplating further IP surveys over known
down-hole radiometric anomalies identified by Areva (Cogema) in the late
1970�s.
The Falea exploration permit covers 150 square kilometres of the
Falea-North Guinea-Senegal basin, a Neoproterozoic sedimentary basin marked
by significant radiometric anomalies. Rockgate Capital has a 100% interest
in the Falea Uranium-Silver-Copper property and has now completed over
40,000 metres in 149 diamond drill holes on the property.
Mr. Lorne Warner, P. Geo, Director and VP Exploration, is the Qualified
Person for the Company under NI 43-101. All core samples a sawed in half
and sent to Bamako where ALS prepares the samples with pulps then shipped
to EcoTech Laboratories in Kamloops B.C. for ICP-MS analysis and ALS in
Vancouver for XRF analysis for uranium. The company inserts a standard,
blank and requests a duplicate sample in every batch of 20 samples.
For further information contact Karl Kottmeier, President of Rockgate
Capital Corp., at (604) 678 8941.
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.
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