The current drilling program has four main objectives:
Define and expand the North Zone to the south towards the Central Zone. Both the North and Central Zones remain open in most directions. The Central Zone is approximately 2 kilometres south of the North Zone.
Define and expand the North Zone to the north towards the Bodi Zone. The Bodi Zone is situated approximately 1.6 kilometres north of the North Zone.
Test historical drilling by Cogema (Areva) in the Bodi area where uranium mineralization was discovered within 30 metres of surface.
Test numerous down-hole radiometric anomalies identified by Cogema located across the Falea license.
Upon completion of this first phase of drilling, Rockgate Capital will initiate another resource study to be followed by a scoping study. Further metallurgical studies, focusing on the North Zone’s uranium, silver and copper mineralization are expected to commence before the end of the year and baseline environmental studies are expected to begin in early 2010.
Work is also underway to expand the current 20 man camp and 100,000 litre fuel dump to more easily accommodate year-round drilling.
The Falea exploration permit covers 150 square kilometres of the Falea – North Guinea – Senegal basin, a Neoproterozoic sedimentary basin marked by significant radiometric anomalies.
