Rockgate Capital Corp. Discovers New 880 Zone in Southeast Block of North Zone, Falea Uranium-Silver-Copper Project
09.04.2013 | Marketwire
(0.30% U3O8, 277 g/t Ag Over 2.3 Metres)VANCOUVER, 04/09/13 - Rockgate Capital Corp. (TSX: RGT) (the "Company") is pleased to announce the discovery of a new trend of high-grade grade uranium-silver-copper mineralization located to the southwest of the North Zone. The 880 Zone was identified during the Fall 2012 drill campaign. Important points regarding 880 Zone include:
- High-grade uranium-silver-copper mineralization trending west-southwest extending 300+ metres
- DF-880 averages 0.21% U3O8 and 246 g/t Ag over 3.35 metres.
- DF-902 averages 0.17% U3O8 and 39.5 g/t Ag over 3.35 metres.
- Previously released DF-760 averages 1.03% U3O8 and 88.7 g/t Ag over 2.0 metres.
- Located west of the Road Fault, south of the west half of the North Zone.
- Continuation of the east-west South Block structure east of the Road Fault.
- Open along strike to west and southwest.
Table 1 880 Zone Drill Highlights
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Hole Name From (m) To (m) Length (m) U3O8% ICP Ag (g/tonne) Cu %
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DF-880 317.5 321.0 3.35 0.21 246 0.51
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incl 317.5 319.9 2.30 0.30 277 0.10
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DF-902 312.6 316.0 3.35 0.17 39.5 0.13
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DF-760(i) 310.7 312.8 2.04 1.03 88.7 0.34
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All reported intervals are true widths.
(i) Previously released - see Rockgate News Release September 27, 2012.
The Fall 2012 Campaign comprised 66 diamond drill holes totalling 15,936 metres. Drilling focused on several areas surrounding the North Zone including the Southwest Block, South Block, West and Northwest Extensions, and the Bodi Area with the goal of converting Inferred mineral resources to an Indicated category. Of the 66 drill holes collared, 45 are located in and around the North Zone and 21 in the Bodi Area.
None of the Fall 2012 drill holes are included in the recently completed Mineral Resource Update (see Rockgate News Release December 4, 2012).
To view the maps associated with this release, please visit the following link:
http://media3.marketwire.com/docs/rgt409i.pdf
Southwest Block
The 880 Zone was discovered through systematic drilling of the Southwest Block. Thirteen drill holes were collared in the Southwest Block, of which one was lost due to bad ground conditions. Ten holes were completed on a100-metre grid spacing, including 3 drilled across the Road Fault and 5 along a north-south fence approximately 400 metres west of the Road Fault. DF-880 is located in the middle hole in the fence. DF-892 and DF-897 were drilled west of DF-880, anticipating a westerly trend to mineralization. DF-902, the last hole of the North Zone program, intersected strong uranium-silver-copper mineralization 70 metres southwest of DF-880, in line with DF-760, over 300 metres to the northeast.
South Block
Drilling continued along the southern extension of the South Block, east of the Road Fault. Fifteen diamond drill holes were completed at 50 and 100-metre step-outs. DF-844, DF-849, and DF-868 form a fence of drill holes 50 metres south of the previous limit of drilling, returning variable results. Drill holes stepping further south did not intersect further significant mineralization. Similarly, further east, DF-841 marks the southern limit of significant mineralization at this time.
Table 2 South Block Drill Highlights
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Hole Name From (m) To (m) Length (m) U3O8% ICP Ag (g/tonne) Cu %
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DF-841 225.7 226.5 0.80 0.18 9.7 0.31
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DF-844 219.2 219.7 0.50 0.68 29.5 0.45
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DF-849 217.3 219.0 1.70 0.13 34.3 0.50
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DF-868 215.2 215.8 0.60 0.61 7.5 0.07
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All reported intervals are true widths.
West / Northwest Extensions
Infill diamond drilling in the North Zone Deep (west of the Road Fault) was successful in extending variable mineralization in areas of inferred mineral resources (see Table 3). Twelve infill drill holes were completed in the Western Extension and closer to the Road Fault. Four drill holes were completed as part of a significant step-out to the northwest with two holes intersecting uranium mineralization.
Table 3 West / Northwest Extensions Drill Highlights
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Hole Name From (m) To (m) Length (m) U3O8% ICP Ag (g/tonne) Cu %
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DF-845 257.9 258.5 0.60 0.16 1.9 0.17
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DF-852 272.1 273.0 0.90 0.20 152 0.22
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DF-858 278.0 279.1 1.05 0.05 59.0 0.22
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DF-866 292.0 292.6 0.60 0.29 4.9 0.11
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DF-871 296.2 296.7 0.47 0.39 9.4 0.24
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All reported intervals are true widths.
Christopher J. Wild, P.Eng., Project Manager for Falea, is the Qualified Person for the Company under NI 43-101. All core samples are halved or quartered 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.
Please visit our website at www.rockgatecapital.com.
ON BEHALF OF THE BOARD OF DIRECTORS OF ROCKGATE CAPITAL CORP.
Karl Kottmeier
President
Appendix
Composite Drill Results - Fall 2012 Drill Campaign
North Zone Drill Results
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Hole Name Area From (m) To (m) Length (m) U3O8% ICP Ag (g/tonne) Cu %
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DF-838 NZWS No anomalous results
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DF-839 NZSW 234.0 235.0 0.58 0.013 2.9 0.59
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DF-839 NZSW 247.1 247.8 0.68 0.088 4.5 0.62
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DF-839 NZSW 296.3 296.8 0.48 0.026 12.5 0.63
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DF-839 NZSW 303.7 305.7 1.93 0.002 31.3 0.69
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DF-840 NW Ext No anomalous results
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DF-841 NZSE 220.6 222.0 1.40 0.015 11.6 0.28
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DF-841 NZSE 225.7 226.5 0.80 0.180 9.7 0.31
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DF-842 NZWS 258.7 259.7 1.00 0.050 19.7 0.12
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DF-843 NZSW 316.0 317.0 0.97 0.003 17.0 0.81
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DF-844 NZSE 219.2 219.7 0.50 0.677 29.5 0.45
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DF-845 NZWS 257.9 258.5 0.60 0.159 1.9 0.17
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DF-846 NW Ext No anomalous results
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DF-847 NZSW 299.0 300.0 1.00 0.001 14.15 0.58
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DF-848 NZWS 264.8 265.5 0.70 0.032 2.18 0.23
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DF-849 NZSE 217.3 219.0 1.70 0.129 34.29 0.50
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DF-850 NW Ext 271.0 272.0 1.00 0.001 22.50 0.53
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DF-851 NZSW 311.0 312.0 0.97 0.014 1.73 0.04
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DF-851 NZSW 318.1 319.0 0.88 0.055 25.00 0.80
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DF-852 NZWS 269.0 270.0 1.00 0.001 69.00 0.80
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DF-852 NZWS 272.1 273.0 0.90 0.197 152.00 0.22
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DF-853 NZSE 219.2 219.7 0.50 0.011 0.65 0.03
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DF-854 NZWS 284.6 285.6 0.94 0.003 53.00 0.38
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DF-855 NZSW 318.2 318.9 0.68 0.012 4.70 0.08
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DF-855 NZSW 325.5 326.0 0.49 0.032 7.40 0.31
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DF-856 NZSE No anomalous results
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DF-857 NW Ext 264.5 265.0 0.50 0.017 1.49 0.36
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DF-858 NZWS 278.0 279.1 1.05 0.047 59.00 0.22
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DF-859 NZSE No anomalous results
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DF-860 NZWS 283.2 283.7 0.50 0.090 4.10 0.17
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DF-861 NZSW No anomalous results
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DF-862 NZWS 274.5 275.5 0.98 0.001 21.00 0.19
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DF-863 NZSE 220.0 220.5 0.50 0.016 3.20 0.01
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DF-863 NZSE 221.2 222.3 1.10 0.018 1.00 0.01
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DF-864 NZWS 266.1 266.6 0.50 0.034 11.60 0.61
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DF-865 NZSW 312.0 312.5 0.50 0.011 3.60 0.23
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DF-865 NZSW 317.0 317.5 0.50 0.005 0.40 0.01
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DF-866 NZWS 292.0 292.6 0.60 0.287 4.90 0.11
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DF-868 NZSE 215.2 215.8 0.60 0.612 7.50 0.07
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DF-869 NZSW Abandoned
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DF-870 NZSE No anomalous results
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DF-871 NZWS 296.2 296.7 0.47 0.387 9.43 0.24
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DF-873 NZSE 221.0 221.5 0.50 0.016 0.44 0.10
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DF-874 NZSW 312.6 313.7 1.10 0.014 1.28 0.08
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DF-876 NZSE
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DF-878 NZSE 224.5 225.5 1.00 0.014 0.47 0.05
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DF-879 NZWS Abandoned
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DF-880 NZSW 317.5 319.9 2.30 0.298 277.00 0.10
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DF-880 NZSW 317.5 321.0 3.35 0.205 246.00 0.51
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DF-882 NZSE No anomalous results
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DF-885 NZSE No anomalous results
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DF-888 NZSE 224.2 224.9 0.70 0.033 1.00 0.23
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DF-892 NZSW 301.7 302.4 0.70 0.019 4.23 0.14
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DF-892 NZSW 310.0 311.0 1.00 0.001 32.00 1.08
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DF-897 NZSW 317.0 318.0 0.97 0.001 21.60 1.18
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DF-902 NZSW 312.6 316.0 3.35 0.168 39.48 0.13
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Neither Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact
Rockgate Capital Corp.
Karl Kottmeier, President
(604) 678 8941
Rockgate Capital Corp.
Kirk Gamley, VP Corporate Development
(604) 678 8941
www.rockgatecapital.com