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RL

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Share Name Share Symbol Market Type
TSXV:RL TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Rockland Drills Strong Platinum-Palladium Values At Blue Lake, Labrador Trough, Quebec

11/09/2012 1:30pm

Marketwired Canada


Rockland Minerals Corp. (TSX VENTURE:RL) (the "Company") is pleased to announce
that assays have been received from the first two drill holes at the Blue Lake
Cu-Ni-PGM property located in Labrador Trough, Quebec. Both holes encountered
intervals with multi gram-per-tonne precious metals values, located at the base
of meters-thick massive sulfide bodies, occurring at the bottom of the "middle
sill" (peridotite) hosting the Blue Lake deposits. Highlights include:




----------------------------------------------------------------------------
Hole               from     to  length       Pt       Pd    Cu     Ni     Co
----------------------------------------------------------------------------
Hole 903-12-001   55.40  63.60   8.20m  0.92g/t   4.1g/t  1.2%  0.27%  0.03%
----------------------------------------------------------------------------
including         61.50  63.60   2.10m   2.5g/t  10.9g/t  2.6%  0.23%  0.03%
----------------------------------------------------------------------------
Hole 903-12-001   70.60  76.30   5.70m  0.76g/t   2.9g/t  1.5%  0.35%  0.04%
----------------------------------------------------------------------------
including         72.60  76.30   3.70m   1.0g/t   3.7g/t 0.18%  0.34%  0.04%
----------------------------------------------------------------------------
Hole 903-12-002   97.00 106.55   9.55m  0.20g/t  0.94g/t 0.52%  0.29%  0.04%
----------------------------------------------------------------------------
including        105.15 106.55   1.40m  0.82g/t   4.5g/t 0.84%  0.32%  0.05%
----------------------------------------------------------------------------



Complete significant mineralized intercepts for Holes #1 #2 



----------------------------------------------------------------------------
Hole               from     to length       Pt       Pd     Cu     Ni     Co
----------------------------------------------------------------------------
Hole 903-12-001   47.00  51.46  4.46m  0.03g/t  0.15g/t  0.16%  0.12%  0.02%
----------------------------------------------------------------------------
Hole 903-12-001   55.40  63.60  8.20m   0.92g/   4.1g/t   1.2%  0.27%  0.03%
----------------------------------------------------------------------------
Hole 903-12-001   70.60  76.30  5.70m  0.76g/t   2.9g/t   1.5%  0.35%  0.04%
----------------------------------------------------------------------------
Hole 903-12-002   97.00 106.55  9.55m  0.20g/t  0.94g/t  0.52%  0.29%  0.04%
----------------------------------------------------------------------------
Hole 903-12-002   115.5 115.85  0.35m  0.13g/t  1.08g/t  0.93%  0.38%  0.05%
----------------------------------------------------------------------------



A total of 16 holes were completed for 1,558 meters during July. The remaining
holes are 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. Photos of the drill core have been posted to the Company
website at http://www.rocklandminerals.ca/Gallery.php. 


These platinum and palladium grades are demonstrably higher than surrounding
holes drilled in the 1960s and 1980s. Technical reports from that period mention
recovery problems in the loose, crumbly zones containing strong Pt-Pd values,
which were often washed-away during earlier drilling campaigns. These thin,
Pt-Pd zones were observed in the Blue #1 bulk sample adit. Grades of Pt, Pd, Cu
and Ni were higher in the underground samples, than were predicted by
surrounding diamond drill holes. 


George F. Sanders, Rockland Director and Qualified Person for the technical
content of this news release under National Instrument 43-101, states, "We
expect similar results in the balance of the drilling, due to very good core
recovery. This modern drilling, with better technology, and more careful core
recovery, is helping recover the precious metals at Blue Lake, and we are
expanding the potential of this mineralization."


We seek Safe Harbor.

On behalf of the Board of Directors

Rav Mlait, President and CEO

Rockland Minerals Corp.

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