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Rockland Intercepts 11 meters of 1.2% Cu, 0.46% Ni, 0.17 g/t Pt and 0.61 g/t Pd at Blue Lake, Labrador Trough, Quebec
Published : November 06, 2012
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Mots clés associés :   Copper | Nickel | Precious Metals |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 6, 2012) - Rockland Minerals Corp. (News - Market indicators) (the "Company") is pleased to announce additional preliminary results from six holes (903-12-03 to 903-12-08) from the Blue Lake Cu-Ni-PGM property located in Labrador Trough, Québec. The drill holes have 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. 

New highlights include:

  • Hole 903-12-003, 11.00 metres of 1.2% Cu, 0.46% Ni, 0.61 g/t Pd, 0.17 g/t Pt
  • Hole 903-12-004, 9.60 metres of 0.31% Cu, 0.37% Ni, 1.1 g/t Pd, 0.21 g/t Pt
  • Hole 903-12-004 included 5.60 metres of 0.88% Cu, 0.58% Ni, 1.7 g/t Pd, 0.32 g/t Pt  
  • Hole 903-12-005, 5.15 metres of 0.64% Cu, 0.44% Ni, 0.70 g/t Pd, 0.15 g/t Pt
  • Hole 903-12-007, 19.87 metres of 0.50% Cu, 0.26% Ni, 0.33 g/t Pd, 0.09 g/t Pt
  • Hole 903-12-007 included 5.87 metres of 1.1% Cu, 0.49% Ni, 0.70 g/t Pd, 0.18 g/t Pt
  • Hole 903-12-008, 20.40 metres of 0.36% Cu, 0.26% Ni, 0.34 g/t Pd, 0.09 g/t Pt

Summary of results:

Hole from to length Cu Ni Pd Pt Co
903-12-001 55.40 63.60 8.20 m 1.20% 0.27% 4.1 g/t 0.92 g/t 0.03%
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% 2.96 g/t 0.76 g/t 0.04%
including 72.60 76.30 3.70 m 1.80% 0.34% 3.66 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%
including 105.15 106.55 1.40 m 0.84% 0.32% 4.50 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% 1.18 g/t 0.22 g/t 0.05%
including 38.00 43.60 5.60 m 0.88% 0.58% 1.74 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%
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%

A total of 16 holes were completed for 1,558 meters during July. The remaining holes are currently being processed and assayed. The drill holes were strategically spread across the Blue Lake Cu-Ni-Pt-Pd property to explore and verify the Blue Lake massive sulfides. A new Blue Lake graphic has been posted on our website www.rocklandminerals.ca along with complete analytical results received to date.

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 Blue Lake ore samples commonly consist of almost pure iron sulfide (pyrrhotite), which are notoriously difficult to fire assay, especially in the presence of copper. The sample results are released provisionally and are continuing to go through a rigorous QA/QC process, although final results on the high-grade, copper-rich re-assays are not expected to change significantly at this point. We are beginning to see widespread, disseminated Cu-Ni-PGM mineralization halos around the Blue Lake massive sulfide lenses which were not systematically analyzed in the past. These broad zones, up to 30 meters thick, are indicating possible near-surface, open pit potential at Blue Lake."

Quality Control

Assaying of samples from Blue Lake drilling was conducted by Activation Laboratories Ltd., Ancaster, Ontario, an ISO 9001 and ISO 17025 certified organization. Assaying for precious metals was made by fire-assay on 50 grams aliquots and lead buttons with ICP finishing, while base metals were analyzed by ICP-OES after near-total multiacid digestion. A stringent quality control procedure has been implemented both by Activation Laboratories and IOS Services Géoscientifiques Inc. which included blanks, duplicates as well as various certified reference materials. No contamination or inversion was detected. Results on certified reference material are in approximate accordance with recommended values. High grade samples (Cu>0.1%) were re-assayed by fire-assay on 10 grams aliquots, which properly repeated the values considering the intrinsic variability of such material. The cause of this variability is currently being investigated. The present cautionary note and results has been approved by Réjean Girard, P.Geo, an independent Qualified Person under National Instrument 43-101.

We seek Safe Harbor.

On behalf of the Board of Directors

Rav Mlait, President and CEO

Rockland Minerals Corp.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Rockland Minerals Corp.
Rav Mlait
President and CEO
(604) 551-7831
604-676-2767 (FAX)
info@rocklandminerals.ca
www.rocklandminerals.ca

Rockland Minerals Corp

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Rockland Minerals est une société d’exploration minière basée au Canada.

Son principal projet en exploration est SCHEFFERVILLE GOLD au Canada.

Rockland Minerals est cotée au Canada. Sa capitalisation boursière aujourd'hui est 5,5 millions CA$ (4,2 millions US$, 3,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 01 octobre 2010 à 0,23 CA$, et son plus bas niveau récent le 15 avril 2016 à 0,01 CA$.

Rockland Minerals possède 68 500 000 actions en circulation.

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Projets de Rockland Minerals Corp
30/06/2011(Schefferville Gold).: Field Mapping Begins at Schefferville Gold Property, Queb...
15/06/2011(Schefferville Gold)Completes Earn-In on Schefferville Gold Property
08/04/2011(Schefferville Gold)Plans Field Mapping, Heli-Borne Mag Survey for Schefferville...
Communiqués de Presse de Rockland Minerals Corp
28/10/2014Rockland Closes Private Placement Financing and Approves New...
22/10/2014Rockland Announces Private Placement Financing
05/05/2014Rockland Defines Priority Targets at Schefferville Gold Proj...
23/04/2013.: New Report on Cu-Ni-PGM Expansion at Blue Lake Project, L...
25/03/2013New Cu-Ni-PGM Sulfide Zones Expanding Potential at Blue Lake...
19/02/2013Earns 100% of Retty Lake Cu-Ni-PGM Property, Labrador Trough...
29/01/2013(Schefferville Gold).: Detailed Mag Survey Enhances Targets, Schefferville Gold ...
07/01/2013Drills Strong Cu-Ni-PGM Mineralization at Margins of Blue La...
06/11/2012Intercepts 11 meters of 1.2% Cu, 0.46% Ni, 0.17 g/t Pt and 0...
11/09/2012Drills Strong Platinum-Palladium Values At Blue Lake, Labrad...
22/06/2011Retty Lake Cu-Ni-PGE Drilling Complete
31/05/2011Drills "Net-Texture" Sulfides in Ultramafic Rocks at Retty L...
18/05/2011Commences Drill Program at Retty Lake Cu-Ni-PGE, Quebec
05/05/2011(Schefferville Gold)Launches Detailed Heli-Mag Airborne Survey at Schefferville ...
19/04/2011Provides Retty Lake Cu-Ni-PGM Project Update
22/03/2011Signs Drill Contract for Retty Lake Property, Quebec
15/03/2011Releases Technical Report on Retty Lake Airborne Survey
16/02/2011Retains Top Geoscience Firm in Quebec
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