Rockgate Extends High-Grade Uranium-Silver Plateau Edge Structure, Falea Uranium-Silver-Copper Project, Mali
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/02/12 -- Rockgate Capital Corp. (TSX: RGT) (the "Company") is pleased to announce assay results from infill diamond drilling completed along strike of the southeast-trending Plateau Edge Structure ("PES"). The PES is a major mineralized structural zone within the North Zone at Rockgate's 100% owned Falea Project hosting high-grade uranium-silver-copper mineralization. This first half of the 2012 diamond drilling program builds upon the January 2012 mineral resource estimate, focussing on developing Measured and Indicated ("M & I") mineral resources. An update of mineral resources is planned for later this fall.
Highlights:
The PES SE-Extension infill drill program was designed to:
PES SE Extension
Several drill holes from previous campaigns indicated the potential for additional thick, high-grade mineralization to the southeast, along strike with the PES. Thus, between December 2011 and February 2012, a series of holes were drilled southeast and east of the PES. Drilling was completed to an average drill-spacing of 50-metres, thus firming up the resource model in the southeastern part of the North Zone.
Results from this phase of drilling (see Table 2) show that while uranium and silver grades are largely similar to those typically encountered in the PES and thicknesses are very good. Several holes, notably DF-500 (0.19% U3O8, 83.6 g/t Ag, and 0.24% Cu over 9.5m) and DF-502 (0.07% U3O8, 95.7 g/t Ag, and 0.17% Cu over 6.5m), are located 300 to 350 metres southeast of the PES, indicating that PES-style mineralization, i.e. thick and high grade, remains open to the southeast. Nine additional diamond drill holes have been completed on two sections in an attempt to extend this trend further to the southeast.
Drilling south of PES, particularly DF-513 (0.09% U3O8, 122.0 g/t Ag, and 0.16% Cu over 7.4m) and DF-515 (0.15% U3O8, 153.0 g/t Ag, and 0.01% Cu over 1.0m), suggested that high-grade mineralization may extend further south and southwest into an area of limited drilling. Results from diamond drilling on those mineralized trends are expected soon.
2012 Diamond Drill Program
Rockgate's 2012 drill program, 4 diamond drills exploring several areas outside the current resource boundary, has been suspended as of August 1st due to the onset of intense seasonal rains. Step-out drilling was focused in 3 main areas:
Christopher J. Wild, P.Eng., Project Manager for Falea, is the Qualified Person for the Company under NI 43-101. All core samples are cut in half 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.
HQ-size core (63.5 mm diameter) was drilled in the PES SE Extension. Mineralized core was sawn in half and one half sawn into quarters. One quarter core was sent for assay, quarter retained as a permanent record, and half core was collected for pilot plant-scale metallurgical test work
For more information please visit our website at .
To view a Drill Hole Location Plan Map, please visit the following link: .
ON BEHALF OF THE BOARD OF DIRECTORS OF ROCKGATE CAPITAL CORP.
Karl Kottmeier, President
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.
Contacts:
Rockgate Capital Corp.
Karl Kottmeier
President
(604) 678 8941
(604) 689 7442 (FAX)
Rockgate Capital Corp.
Kirk Gamley
VP Corporate Development
(604) 678 8941
(604) 689 7442 (FAX)
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Datum: 02.08.2012 - 11:00 Uhr
Sprache: Deutsch
News-ID 171074
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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