|April 02, 2012|
Drilling Operations Temporarily Suspended at Falea
Vancouver, British Columbia, April 2, 2012 - Rockgate Capital Corp. (Toronto Stock Exchange: RGT) (the "Company") announced today that the Company has been informed by its drilling contractor that effective March 31, 2011 drilling at the Falea project is temporarily suspended and drill crews have been moved across the border to Senegal. The drilling contractor has made this decision due to the potential for external sanctions to be applied onto Mali from neighbouring countries (represented by ECOWAS) and that as a result resupply of the necessary equipment and materials for drilling may be interrupted.
Rockgate President, Karl Kottmeier, said "In the face of sanctions that may result in closing of all borders, and severely limit re-supply and staff rotation, we support the decision of the contractor to suspend drilling. We have secured the Falea camp and have temporarily redeployed all of our ex-pat personnel to Senegal. We are encouraged by the news coming from Bamako that the situation is being addressed and we are confident that democratic stability will return to Mali soon."
For more information please contact Karl Kottmeier, President at (604) 678 8941. Please visit our website at www.rockgatecapital.com.
ON BEHALF OF THE BOARD OF DIRECTORS OF
ROCKGATE CAPITAL CORP.
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
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