Rockland Completes Definitive Agreement for Blue Lake Cu-Ni-PGM Mining Lease, Labrador Trough, Quebec

Rockland Minerals Corp. (TSX VENTURE:RL) (the "Company") reports signing of the
definitive option agreement with La Fosse Platinum Group Inc. ("La Fosse) for
the Blue Lake Cu-Ni-PGM "deposits" located in the heart of the Labrador Trough,
Quebec. The option agreement was negotiated following a binding letter agreement
announced on October 13, 2011 covering five separate mining leases with existing
non-43-101 compliant mineral resources defined by drilling from the 1950s up
until 1988. Two of the properties also have excellent exploration potential for
zinc deposits.


The agreement covers Quebec Special Mining Leases, originally granted to
Hollinger North Shore Exploration Ltd. ("Hollinger") in the Labrador Trough area
of Quebec. They include the Cu-Ni-PGE Blue Lake cluster in the south, and extend
northward to the Chance Lake, Glance Lake, and Lac Aulneau (Marymac)
ultramafic-hosted copper-nickel-platinum-palladium occurrences at the base of
folded peridotite sills in the Labrador Trough. The Jimmick and Fredrickson
Cu-Ni-Zn mineralization lies within a distinctive "leopard rock" with a
glomeroporphyritic gabbro texture, known to be a favourable exploration target
in this part of the Labrador Trough. All these Quebec Special Mining Leases were
first granted by the Province to the Iron Ore Company of Canada following the
end of World War II. A quick search of the literature will confirm that these
are among the best Cu-Ni-PGE mineral showings in the southern Labrador Trough. 


The total historical tonnage and weighted average of the 4 main deposits, plus
smaller lenses at Blue Lake is 4.03 Mt at 0.85% Cu, 0.52% Ni and 0.84 g/t Pt+Pd.
These deposits are well documented in various reports by government and
independent geologists and have historical estimates as follows: 




----------------------------------------------------------------------------
                                                                       Pt+Pd
Zone                       Reference      Tonnes  Copper %  Nickel %   (g/t)
----------------------------------------------------------------------------
Blue Lake #1            (Clark 1994)     400,000      0.99      0.66    1.13
----------------------------------------------------------------------------
Blue Lake #2            (Clark 1994)   1,000,000      0.88      0.41    0.80
----------------------------------------------------------------------------
Centre        (Clark and Wares 2005)   1,390,000      0.77      0.59    0.90
----------------------------------------------------------------------------
Pogo          (Clark and Wares 2005)   1,240,000      0.96      0.49    0.71
----------------------------------------------------------------------------
Total               Weighted Average   4,030,000      0.85      0.52    0.84
----------------------------------------------------------------------------
(All grades and tonnages presented in this press release are historical and 
are not NI 43-101 compliant. Please see section on historical estimates     
below.(i))                                                                  



Historical information is being compiled on the Jimmick, Chance Lake, Glance
Lake, Fredrickson mining leases and the Lac Aulneau claims and will be provided
in a future announcement. 


Recently, the Company announced partial drill results from its neighboring Retty
Lake property. The results confirm the presence of strongly anomalous copper,
nickel platinum and palladium in the target rocks of the Retty Lake middle
peridotite sill. This middle peridotite unit hosts the adjacent Blue Lake
Cu-Ni-PGE deposits. Drilling results also confirm the existence of "stacked"
Cu-Ni-PGE mineralization in multiple horizons, similar to new discoveries in the
southern Raglan Belt in Quebec's Ungava region. The drilling at Retty Lake also
reported 2 meters of 444 g/t Ag and 0.19% Cu occurring in sulfide-rich black
shales. 


Under the option agreement, the Company can acquire a 55% interest in the
Property over a 4 year period by making cash payments totaling $350,000 and
issuing an aggregate of 5 million common shares and by spending $4.5 million in
exploration on the property. The terms still require approval of the TSX Venture
Exchange.  


Historical Estimate

(i) The historical resources referred to in this press release are based on work
completed and estimates prepared by La Fosse Platinum Group prior to the
existence of National Instrument 43-101 and therefore not prepared in accordance
with National Instrument 43-101. The Company considers the historical resource
estimates relevant and reliable. The Company is not treating the historical
resource estimate as a current mineral resource. A Qualified Person has not done
sufficient work to classify the historical estimate as current mineral
resources. 


These historical estimates do not have categories used in sections 1.2 and 1.3
of National Instrument 43-101. The Company is currently studying what future
steps will be required to upgrade or verify the historical estimate presented
above. Reference cited for historical estimate: Clark, T., and M. Wares, 2005
Lithotectonic and metallogenic synthesis of the New Quebec Orogen (Labrador
Trough): Ministere des Ressources naturelles, Quebec; MM 2005-01, 175 p.


George F. Sanders, P.Geo, a director of the Company, is the Qualified Person
under NI 43-101 responsible for the technical content of this News Release. 


We seek Safe Harbor. 

On behalf of the Board of Directors

Rav Mlait, President and CEO

Rockland Minerals Corp.