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Vancouver, British Columbia, February 4, 2008 - Rockgate Capital Corp. (TSX Venture: RGT) (the “Company”) is pleased to report that Golder Associates Ltd. has been contracted to carry out a mineral resource estimate on the Falea Project. The resource estimate will include the Central and newly discovered North Zone and will commence once the limits of both zones have been defined by the current drilling program. The results of this work will be included in a National Instrument (NI) 43-101 report.
Two Diamond drills are currently working on the project, conducting both infill and exploration drill patterns. Several known but untested uranium occurrences will be included in this phase of Diamond drilling, projected to end in late May, 2008. The resource estimate is expected to be completed by late August 2008.
Golder Associates Ltd. has also been contracted to carry out initial studies to assess the potential for In Situ Recovery (ISR) of the uranium on the Falea Property. The initial studies will determine if the ISR technology is appropriate for the project and if so, what economic effects can be expected. Results from the ISR studies will also assist in determining the benefits to exploring the numerous smaller and/or lower grade exploration targets within the project area.
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 earned a 60% interest in the Falea Uranium-Copper from Delta Exploration and is the operator of the project.
Mr. Lorne Warner, P. Geo, Director and VP Exploration is the Qualified Person for the Company under NI 43-101. For further information contact Karl Kottmeier, President of Rockgate Capital Corp., at (604) 678 8941 or by email at info@rockgatecapital.com.
ON BEHALF OF THE BOARD OF DIRECTORS OF
ROCKGATE CAPITAL CORP.
_______________________
Karl Kottmeier
President
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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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