Rockgate Capital Corp.

Published : September 26th, 2008

discovers East zone at Falea project

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Phone: (604)689-7422
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Rockgate Capital Corp.


Rockgate Discovers New Uranium Zone east of the North and Central Zones on the U-Ag-Cu Falea Project, Mali, West Africa

RGT: TSX-V

September 26, 2008

Vancouver, British Columbia, September 26, 2008 - Rockgate Capital Corp. (TSX Venture: RGT) (the "Company") is pleased to report ICP-MS results from three exploration diamond drill holes located approximately three kilometres east of the Central Zone. For reference, the new zone has been named the East Zone.

The purpose of these three diamond drill holes was to conduct a limited evaluation of radiometric anomalies from work completed by Cogema in the late 1970's. Mineralization in the form of uraninite and chalcopyrite was observed in East Zone drill holes with 2 specks of native silver noted in one hole. All East Zone mineralization is confined to the Kania Sequence sandstones, which is the host to all known zones on the property. The Kania sandstones are the lower-most sandstone unit in the sedimentary basin, located typically within 20 metres of the basal unconformity.

The East Zone discovery is significant as the Kania sandstones are coarse grained and in many sections the unit contains unsupported, sub-angular to rounded pebbles. This micro-conglomeratic feature of the sandstones is common only to the North Zone which is trending directly towards the East Zone over 4 kilometres to the south-east. Both zones remain open. Assay results are posted in Table # 1

Table 1

Hole Name

From

To

Width

U3O8

Ag

Cu

 

(m)

(m)

(m)

(%)

(g/tonne)

(%)

DF-121

343.40

345.12

1.72

0.07

5.20

0.18

DF-123

345.30

347.20

1.90

0.08

2.50

0.27

including

345.30

345.80

0.50

0.21

5.30

0.74

DF-124

338.25

341.98

3.73

0.03

2.80

0.17

            * Intercept widths are estimated to be true width.

 

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-Silver-Copper property from Delta and is the operator of the project. Rockgate has now completed over 40,000 metres in 149 diamond drill holes on the property, most recently testing the east flank of the North Zone.

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.

 

Rockgate Capital Corp.

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CODE : RGT.V
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Rockgate Capital is a uranium exploration company based in Canada.

Rockgate Capital holds various exploration projects in Guinea, in Mali and in Niger.

Its main exploration properties are IXTAPAN in Mexico, KINONKO, FALEA and FALEA in Mali, TAMEKOURE and NIAMBALA in Guinea and TELWA GADA in Niger.

Rockgate Capital is listed in Canada. Its market capitalisation is CA$ 73.6 millions as of today (US$ 73.4 millions, € 60.3 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 5.54, and its lowest recent point on December 24, 2008 at CA$ 0.11.

Rockgate Capital has 116 897 000 shares outstanding.

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Financings of Rockgate Capital Corp.
3/3/2008ANNOUNCES SPIN-OFF OF CANADIAN MINERAL PROPERTIES AND PRIVAT...
Project news of Rockgate Capital Corp.
2/24/2009(Falea)Begins Spring Program on Falea Uranium, Silver, Copper Proje...
10/1/2008(Falea) drills 0.20% U3O8 over 9 m at Falea North
9/26/2008(Falea)discovers East zone at Falea project
9/24/2008(Falea) drills 3 m of 0.2% U3O8, 25 g/t Ag at Falea JV
5/28/2008(Falea)drills average 0.207% U3O8 over 3.36 m
5/21/2008(Falea)INTERSECTS 0.31% U308, 1,502.1 g/tonne SILVER OVER 3.2 METRE...
1/29/2008(Falea)DISCOVERS NEW URANIUM ZONE AT FALEA PROJECT, MALI, WEST AFRI...
Corporate news of Rockgate Capital Corp.
1/30/2009and Delta Exploration Inc. complete Plan of Arrangement
11/10/2008to acquire Delta Exploration
6/9/2008COMPLETES ARRANGEMENT AGREEMENT FOR
2/4/2008CONTRACTS GOLDER ASSOCIATES LTD. TO CONDUCT RESOURCE AND ISR...
10/31/2007New Cantech Ventures Inc. News Release
5/8/2007ACQUIRES 100% INTEREST IN URANIUM BEARING SEDIMENTARY BASIN ...
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