Rockland Drills Strong Cu-Ni-PGM Mineralization at Margins of Blue Lake System, Labrador Trough, Quebec
January 07 2013 - 6:30AM
Marketwired Canada
Rockland Minerals Corp. (TSX VENTURE:RL) (the "Company") is pleased to announce
that diamond drilling has encountered plus 1 g/t Pd values in Cu-Ni-PGM zones at
the known outer margins of the Blue Lake massive sulfide lenses, Labrador
Trough, Quebec.
Hole 14 drilled 2 meters of 0.22 g/t Pt, 1.1 g/t Pd, 0.5% Cu, and 0.2% Ni. Hole
13 encountered two strongly mineralized zones; 1.6 meters of 0.18 g/t Pt, 1.2
g/t Pd. 0.5% Cu and 0.3% Ni at 148.90 m, and 1.2 meters of 0.16 g/t Pt, 0.77 g/t
Pd, 0.67% Cu and 0.41% Ni at 162.40 m. Both drill holes tested the outer margins
of the Blue Lake # 2 sulphide lens. Hole 10, located over 1,000 meters outside
of the nearest known lens, near the southern property boundary next to Anglo
American, drilled 28.72 meters of disseminated Cu-Ni-PGM mineralization. The
drilling results from the outer margins of the known lenses and southernmost
property boundary confirm the significant tonnage potential of the Blue Lake
historical deposits. Historical drilling largely concentrated on defining known
mineralization. Rockland's 2012 drilling program shows that significant
"step-out" potential exists. A drill hole location map and tabulated assay
results can be found at the Company's website.
All results have been received and all drilling encountered strong intervals
containing precious metals values, copper and nickel, located at the base of
meters-thick massive sulfide bodies, occurring at the bottom of the "middle
peridotite" sill hosting the Blue Lake deposits.
Summary of results:
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Hole from to length Cu Ni Pd Pt Co
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903-12-001 55.40 63.60 8.20 m 1.20% 0.27% 4.1 g/t 0.92 g/t 0.03%
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including 61.50 63.60 2.10 m 2.60% 0.23% 10.9 g/t 2.50 g/t 0.03%
----------------------------------------------------------------------------
903-12-001 70.60 76.30 5.70 m 1.50% 0.35% 2.9 g/t 0.76 g/t 0.04%
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including 72.60 76.30 3.70 m 1.80% 0.34% 3.6 g/t 1.00 g/t 0.04%
----------------------------------------------------------------------------
903-12-002 97.00 106.55 9.55 m 0.52% 0.29% 0.94 g/t 0.20 g/t 0.04%
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including 105.15 106.55 1.40 m 0.84% 0.32% 4.5 g/t 0.82 g/t 0.05%
----------------------------------------------------------------------------
903-12-003 103.20 114.20 11.00 m 1.20% 0.46% 0.61 g/t 0.17 g/t 0.05%
----------------------------------------------------------------------------
903-12-003 117.20 121.76 4.56 m 0.85% 0.45% 0.66 g/t 0.21 g/t 0.05%
----------------------------------------------------------------------------
903-12-004 35.00 44.60 9.60 m 0.31% 0.37% 1.1 g/t 0.22 g/t 0.05%
----------------------------------------------------------------------------
including 38.00 43.60 5.60 m 0.88% 0.58% 1.7 g/t 0.32 g/t 0.08%
----------------------------------------------------------------------------
903-12-005 17.30 22.45 5.15 m 0.64% 0.44% 0.70 g/t 0.15 g/t 0.06%
----------------------------------------------------------------------------
903-12-006 11.20 13.45 2.25 m 0.45% 0.30% 0.42 g/t 0.07 g/t 0.03%
----------------------------------------------------------------------------
903-12-006 17.45 22.25 4.80 m 0.73% 0.48% 0.78 g/t 0.15 g/t 0.07%
----------------------------------------------------------------------------
903-12-007 3.36 23.23 19.87 m 0.50% 0.26% 0.33 g/t 0.09 g/t 0.03%
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including 17.36 23.23 5.87 m 1.14% 0.49% 0.70 g/t 0.18 g/t 0.06%
----------------------------------------------------------------------------
903-12-008 3.51 23.55 20.40 m 0.36% 0.26% 0.34 g/t 0.09 g/t 0.03%
----------------------------------------------------------------------------
including 17.36 23.23 5.87 m 0.68% 0.51% 0.75 g/t 0.18 g/t 0.06%
----------------------------------------------------------------------------
903-010 92.00 120.72 28.72 m 0.10% 0.12% 0.17 g/t 0.04 g/t 0.01%
----------------------------------------------------------------------------
including 111.00 112.00 1.00 m 0.18% 0.25% 0.78 g/t 0.32 g/t 0.03%
----------------------------------------------------------------------------
including 120.12 120.72 0.60 m 0.86% 0.30% 0.66 g/t 0.11 g/t 0.05%
----------------------------------------------------------------------------
903-12-011 64.90 70.25 5.35 m 0.09% 0.14% 0.16 g/t 0.04 g/t 0.01%
----------------------------------------------------------------------------
903-12-011 78.25 81.25 3.00 m 0.08% 0.10% 0.11 g/t 0.03 g/t 0.01%
----------------------------------------------------------------------------
903-12-012 188.00 218.50 30.50 m 0.25% 0.20% 0.24 g/t 0.06 g/t 0.02%
----------------------------------------------------------------------------
including 214.7 218.50 3.80 m 0.26% 0.21% 0.25 g/t 0.06 g/t 0.02%
----------------------------------------------------------------------------
903-12-013 133.00 153.50 20.50 m 0.19% 0.17% 0.31 g/t 0.07 g/t 0.02%
----------------------------------------------------------------------------
including 148.90 150.50 1.60 m 0.57% 0.33% 1.2 g/t 0.18 g/t 0.05%
----------------------------------------------------------------------------
903-12-013 162.40 163.60 1.20 m 0.67% 0.41% 0.77 g/t 0.16 g/t 0.06%
----------------------------------------------------------------------------
903-12-014 92.00 95.00 3.00 m 0.11% 0.13% 0.09 g/t 0.02 g/t 0.02%
----------------------------------------------------------------------------
903-12-014 99.00 109.00 10.00 m 0.16% 0.10% 0.35 g/t 0.07 g/t 0.01%
----------------------------------------------------------------------------
including 107.00 109.00 2.00 m 0.51% 0.23% 1.1 g/t 0.22 g/t 0.03%
----------------------------------------------------------------------------
903-12-015 76.00 90.65 14.65 m 0.17% 0.13% 0.20 g/t 0.04 g/t 0.01%
----------------------------------------------------------------------------
including 82.00 83.38 1.38 m 0.30% 0.20% 0.20 g/t 0.04 g/t 0.02%
----------------------------------------------------------------------------
including 89.09 90.65 1.56 m 0.28% 0.21% 0.30 g/t 0.06 g/t 0.03%
----------------------------------------------------------------------------
903-12-016 70.00 79.00 9.00 m 0.16% 0.14% 0.18 g/t 0.04 g/t 0.02%
----------------------------------------------------------------------------
903-12-016 100.11 107.54 7.43 m 0.25% 0.17% 0.18 g/t 0.04 g/t 0.02%
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including 105.38 106.49 1.11 m 0.21% 0.45% 0.60 g/t 0.18 g/t 0.05%
----------------------------------------------------------------------------
NOTE: Hole DDH 903-12-009 was drilled to obtain whole-core petrophysical samples
for density, susceptibility and resistivity. It was not split nor sampled.
A total of 16 holes were completed for 1,558 meters during July, 2012. The drill
holes were strategically spread across the Blue Lake Cu-Ni-Pt-Pd property to
explore and verify the Blue Lake massive sulfides. These drill results provide
much needed new data from these sulfide lenses that will allow the Company to
develop a new block model for these historical deposits. The Blue Lake mining
lease is ideally located approximately 50 km from the town of Schefferville,
Quebec which has its own airport and railhead.
George F. Sanders, Rockland Director and Qualified Person for the technical
content of this news release under National Instrument 43-101, states, "The
engineers are starting to call attention to precious metals trends in the data
which were not studied in the same light back in 1980's. The latest holes in the
drill program were collared down-dip, and at the edge of the known
mineralization. We were enticed to drill here by thick (greater than 10 m) zones
of disseminated Pd values in this region of the Lease adjacent to the Anglo
American ground. The widespread precious metals values disseminated in the
ultramafic sill, often as stacked, multiple zones, are starting to positively
affect our copper-equivalent equation, and will re-draw and expand the
boundaries of the potentially economic sulfides of the Blue Lake cluster."
We seek Safe Harbor.
On behalf of the Board of Directors
Rav Mlait, President and CEO
Rockland Minerals Corp.
FOR FURTHER INFORMATION PLEASE CONTACT:
Rockland Minerals Corp.
Rav Mlait
President and CEO
(604) 551-7831
(604) 676-2767 (FAX)
info@rocklandminerals.ca
www.rocklandminerals.ca
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