VANCOUVER, BRITISH COLUMBIA, Jan. 18, 2011 (Marketwire) -

-

Rockgate Capital Corp. (TSX:RGT) (the "Company") is pleased to announce a new National Instrument ("NI") 43-101 compliant Mineral Resource Estimate (MRE) for its 100%-owned Falea Uranium-Silver-Copper project located in Mali, West Africa. The estimate was completed by independent consultant Golder Associates Ltd. ("Golder"), updating the initial estimate completed in May 2009. The complete Golder Associates report will be available on SEDAR within 45 days.

Highlights:

--  Overall, 37.0% increase in pounds of U3O8 and 29.5% increase in U3O8
    grade at 0.03% cut-off grade over 2009 estimate (uncapped). 
--  Overall, 28.6% increase in ounces and 22.5% increase in Ag grade over
    2009 estimate (uncapped). 
--  Almost 7-fold increase in Indicated pounds of U3O8 over 2009 estimate
    (uncapped). 
--  Greater than 11-fold increase in Indicated ounces of Ag oz over 2009
    estimate (uncapped). 
--  Indicated: 89.6% of lbs U3O8, 98.1% of oz Ag, and 77.5% of the lbs Cu
    are located in the North Zone. 
--  Inferred: 77.3% of lbs U3O8, 93.8% of oz Ag, and 53.6% of the lbs Cu are
    located in the North Zone. 
--  Updated resource based on predominantly "infill" drilling. 

Table 1 Falea Mineral Resource Summary 2011 Compared to 2009 - Uncapped

----------------------------------------------------------------------------
Date Res-    Cut-                                                           
of   ource   off                                                            
Rep- Cate-  U3O8             U3O8   Ag   Cu       U3O8         Ag        Cu
ort  gory     (%)    Tonnes    (%)(g/t)  (%)      (lbs)       (oz)     (lbs)
----------------------------------------------------------------------------
Jan. Indi-                                                                 
2011 cated  0.03  1,961,000 0.140  196 0.18  6,071,000 12,361,000  7,907,000
----------------------------------------------------------------------------
Jan. Infe-                                                                 
2011 rred   0.03  9,448,000 0.104   93 0.23 21,681,000 28,288,000 47,447,000
----------------------------------------------------------------------------

----------------------------------------------------------------------------
May  Indi-                                                                 
2009 cated  0.03    572,000 0.069   61  N/A    871,000  1,116,000        N/A
----------------------------------------------------------------------------
May  Infe-                                                                 
2009 rred   0.03 10,270,000 0.086   92  N/A 19,381,000 30,484,000        N/A
----------------------------------------------------------------------------

Resource Estimate Parameters

--  Estimate conforms to NI 43-101, Standards of Disclosure for Mineral
    Projects, utilizing definitions and guidelines from CIM Standards on
    Mineral Resources and Reserves. 
--  Estimate is based on 265 drill holes totalling approximately 66,600
    metres and 2900 assays. 
--  Deposit wireframe modelling is based on drill hole data using assay cut-
    off grade of 0.01% U and radiometric probe data greater than background.
--  20 U3O8 assays, 25 Ag assays, and 14 Cu assays were capped. 
--  1.0 metre composite length was selected. 
--  Based on 340 drill core samples, a bulk density of 2.654 g/cm(3) was
    applied to all mineralized zones. 
--  Block model using parent block size of 12.5m (x) by 12.5m (y) by 2.0m
    (z) and sub-blocks of 3.125m (x) by 3.125m (y) by 0.5m (z) was generated
    by Datamine Studio 3 software. 
--  Blocks that lie within 50m of 2 drill holes and have a minimum of 10
    samples were classified as Indicated Mineral Resources. Blocks not
    classified as Indicated but within the wireframe model were classified
    as Inferred Mineral Resources. 
--  Estimate uses Ordinary Kriging (OK) method for 5 mineral zones (North
    Upper, North Deep, Central, Central Deep, and Bodi). 

Table 2 2011 Falea Mineral Resource Summary - Capped

----------------------------------------------------------------------------
             Cut-                                                           
             off                                                            
Resource    U3O8            U3O8    Ag   Cu       U3O8         Ag        Cu
Category      (%)   Tonnes    (%) (g/t)  (%)      (lbs)       (oz)     (lbs)
----------------------------------------------------------------------------
Indicated   0.03 1,960,000 0.125    92 0.18  5,417,000  5,797,000  7,874,000
----------------------------------------------------------------------------
Inferred    0.03 9,448,000 0.095    60 0.22 19,723,000 18,145,000 45,934,000
----------------------------------------------------------------------------

Table 3 Indicated Mineral Resource by Mineral Zone - Capped 

---------------------------------------------------------------------------
           Cut-off                                                         
Mineral       U3O8            U3O8    Ag   Cu      U3O8        Ag        Cu
Zone            (%)   Tonnes    (%) (g/t)  (%)     (lbs)      (oz)     (lbs)
---------------------------------------------------------------------------
North Upper   0.03 1,489,000 0.139    99 0.17 4,558,000 4,756,000 5,624,000
---------------------------------------------------------------------------
North Deep    0.03    81,000 0.165   358 0.27   295,000   933,000   479,000
---------------------------------------------------------------------------
Central       0.03   390,000 0.066     9 0.22   565,000   111,000 1,771,000
---------------------------------------------------------------------------
Central                                                                    
Deep          0.03         -     -     -    -         -         -         -
---------------------------------------------------------------------------
Bodi          0.03         -     -     -    -         -         -         -
---------------------------------------------------------------------------
Indicated     0.03 1,960,000 0.125    92 0.18 5,417,000 5,797,000 7,874,000
---------------------------------------------------------------------------

Note: Totals subject to rounding error

Table 4 Inferred Mineral Resource by Mineral Zone - Capped 

---------------------------------------------------------------------------
             Cut-                                                           
             off                                                           
Mineral     U3O8            U3O8   Ag   Cu       U3O8         Ag         Cu
Zone          (%)   Tonnes    (%)(g/t)  (%)      (lbs)       (oz)      (lbs)
---------------------------------------------------------------------------
North                                                                      
Upper       0.03 3,369,000 0.122   78 0.19  9,035,000  8,408,000 13,903,000
---------------------------------------------------------------------------
North Deep  0.03 2,376,000 0.118  113 0.20  6,201,000  8,609,000 10,708,000
---------------------------------------------------------------------------
Central     0.03 3,323,000 0.055    9 0.25  4,032,000  1,009,000 18,542,000
---------------------------------------------------------------------------
Central                                                                    
Deep        0.03   224,000 0.042   12 0.37    207,000     88,000  1,827,000
---------------------------------------------------------------------------
Bodi        0.03   155,000 0.072    6 0.28    246,000     28,000    948,000
---------------------------------------------------------------------------
Inferred    0.03 9,448,000 0.095   60 0.22 19,723,000 18,145,000 45,934,000
---------------------------------------------------------------------------

Note: Totals subject to rounding error

General Discussion

--  Currently, diamond drilling is focused on extending the Plateau Edge
    Structure (PES) and locating additional high-grade mineralization on
    other North Zone structures. 
--  Diamond drilling will also test the Bodi and Kania showings to identify
    near-surface, bulk tonnage mineralization. 
--  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 5-6 percent of area hosting down-hole radiometric
    anomalies has been drill tested. 

Rockgate president Karl Kottmeier commented, "We are very pleased to report a substantial increase in contained pounds of Uranium and ounces of Silver as well as the addition of a significant Copper resource. The increase in overall grade is particularly encouraging and supports the Company's belief that the Falea deposit is a world class high-grade uranium deposit. The updated MRE demonstrates the significant potential of the Falea Project. While the latest drilling programme has focused on the North Zone, we believe that there is excellent potential to significantly increase the MRE further in this Zone and in other areas covered by the Exploration License. The increased scale and confidence of the updated MRE has led to the initiation of a Scoping Study for the project."

Mr. Lorne Warner, P. Geo, Director and VP Exploration, 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.

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.

Rockgate Capital Corp.
President
(604) 678 8941



Rockgate Capital Corp.
VP Corporate Development
(604) 678 8941
(604) 689 7442 (FAX)
www.rockgatecapital.com