Mr. Karl Kottmeier reports
ROCKGATE INTERCEPTS 0.95% U3O8 AND 112.5 G/T SILVER OVER 4.0 METRES AT FALEA PROJECT, MALI, WEST AFRICA
Rockgate Capital Corp. has released assay results from diamond drillholes completed on Sections 1360625N (DF-253 to DF-256) and 1360650N(DF-260 to DF-262) on the plateau edge structure (PES) at Rockgate's100-per-cent-owned Falea project.
DRILL HIGHLIGHTS -- PLATEAU EDGE STRUCTURE (PES)
Length U3O8% Ag
Hole ID From (m) To (m) (m) (XRF) (g/t) Cu(%) Comments
DF-255 198.5 202.5 4.0 0.95 112.5 0.7 Projected
centre of high-
grade trend
Including 200.5 202.5 2.0 1.70 154.5 1.0
DF-262 191.5 196.5 5.0 0.87 89.0 0.7 Projected
centre of high-
grade trend
Including 194.5 196.5 2.0 1.85 145.5 1.1
Note: Core lengths are estimated to be between
97 per cent to 100 per cent of true width.
Plateau edge structure discussion:
- Mineralization is hosted in competent flat-lying sandstones/conglomerates near the unconformity;
- Excellent configuration for a potential room and pillar mining operation;
- Potential drift access from the edge of the plateau 400 metres away, where the flat-lying favourable stratigraphy is exposed at surface;
- 25-by-25-metre grid drilling confirms consistent high-grade uranium mineralization with widths of up to six metres trending at 318 degrees;
- Drilling has extended the zone along 600 metres strike, open to the northwest, since the PES was discovered in November, 2009.
General discussion:
- Additional high-grade uranium and silver mineralization may be associated with similar northwest trends already identified in the North zone.
- Future diamond drilling is planned to test the Bodi and Kania showings to identify near-surface, bulk-tonnage mineralization.
- Diamond drilling will also focus on extending the PES zone and locating additional high-grade mineralization on other North zone structures.
- 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 per cent to 6 per cent of area hosting downhole radiometric anomalies has been drill tested.
Diamond drill holes listed in the relevant tableswere completed on Sections 1360625N and 1360650N at 25-metre spacing totest the favourable stratigraphy in detail.
SECTION 1360625 N
Length U3O8% Ag
Hole ID From (m) To (m) (m) XRF (g/tonne) Cu % Comments
DF-256 195.0 197.0 2.0 0.65 253.0 0.4 Tested 25
metres west of
DF-262
Including 195.0 196.0 1.0 1.04 173.0 0.5
DF-260 ABANDONED High deviation
in casing, hole
stopped
DF-261 204.0 210.0 6.0 0.39 134.2 0.4 Tested 25
metres east of
DF-262
Including 207.0 210.0 3.0 0.67 234.0 0.5
Including 208.0 209.0 1.0 1.13 562.0 0.7
DF-262 191.5 196.5 5.0 0.87 89.0 0.7 Projected
centre of high-
grade trend
Including 194.5 196.5 2.0 1.85 145.5 1.1
SECTION 1360650 N
Length U3O8% Ag
Hole ID From (m) To (m) (m) XRF (g/tonne) Cu % Comments
DF-253 203.0 204.0 1.0 0.10 14.0 0.3 Tested 50
metres east of
DF-255
DF-254 213.0 215.0 2.0 0.40 119.0 0.5 Tested 25
metres east of
DF-255
DF-255 198.5 202.5 4.0 0.95 112.5 0.7 Projected
centre of high-
grade trend
Including 200.5 202.5 2.0 1.70 154.5 1.0
LorneWarner, PGeo, director and vice-president, exploration, is thequalified person for the company under NI 43-101. All core samples arecut in half on-site and sent to ALS-Chemex in Bamako for directshipment to ALS-Chemex in Johannesburg, South Africa, for ICP-MS andXRF analysis. The company inserts a standard and blank, and requests aduplicate sample be run in every batch of 20 samples. In addition, thelab inserts in-house blanks, standards and duplicates with eachshipment. Data that fall outside the control limits are checked andrepeated as necessary.