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Rockgate Capital Identifies New Uranium and Silver at Falea Project

Rockgate Capital has found fresh high-grade silver and uranium area at the North zone’s southwest boundary.

The hole DF-52 has intersected up to 86 g/t silver and 1.21% U3O8 over 4 m. These assay results have discovered an excellent silver and uranium mineralization trend along the west-southwest direction.

As a part of the infill drill campaign, the company has extended four diamond drill holes to around a 50 m spaced hole along segment 1 360 450 N. The holes DF-327 and DF-332 has stepped externally to the presently outlined resource edge. The company has cut 0.17% U3O8 over 3.0 m in the hole DF-327.

Six fresh holes located 50 m to the southern part of section 1 360 450 N, has been spaced at a distance of 50 m and tried to step good mineralization from the earlier holes. The company has cut 513.3 g/t silver and 0.64% U3O8 over 2.0 m, 1020.0 g/t silver and 1.10% U3O8 over 1.0 m in the hole DF-343. It has intersected 86.0 g/t silver and 1.21% U3O8 over 4.0 m, 26.0 g/t silver and 2.74% U3O8 over 1.0 m in the hole DF-352. Rockgate has completed the drill holes to the west part of hole DF-355, depending on these intercept results. It has scheduled for more drilling to the south and to the west.

Three holes has examined the section 1 360 400 N’s southern part. Rockgate has encountered positive uranium mineralization in the holes DF-384 and DF-386 and moderate silver at the southern portion of DF-340 and DF-343. It has proposed the continuation of potential uranium mineralization to the south.

Source: http://www.rockgatecapital.com/

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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