[Marinir] {Disarmed} Rockland (TSX-V: RL) Drills Strong Platinum-Palladium Grade
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Tue Sep 11 14:38:53 CEST 2012
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http://www.rocklandminerals.ca/
Rockland Drills Strong Platinum-Palladium Values At Blue Lake, Labrador
Trough, Quebec
Rockland Minerals Corp. (TSX-V: RL
http://www.stockwatch.com/Quote/Detail.aspx?action=go&symbol=RL®ion=C&lookup=symbol&snapshot=default
) 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 55.4 63.6 8.20m 0.92g/t 4.1g/t 1.20% 0.27% 0.03%
including 61.5 63.6 2.10m 2.5g/t 10.9g/t 2.60% 0.23% 0.03%
Hole 903-12-001 70.6 76.3 5.70m 0.76g/t 2.9g/t 1.50% 0.35% 0.04%
including 72.6 76.3 3.70m 1.0g/t 3.7g/t 0.18% 0.34% 0.04%
Hole 903-12-002 97 106.55 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 51.46 4.46m 0.03g/t 0.15g/t 0.16% 0.12% 0.02%
Hole 903-12-001 55.4 63.6 8.20m 0.92g/ 4.1g/t 1.20% 0.27% 0.03%
Hole 903-12-001 70.6 76.3 5.70m 0.76g/t 2.9g/t 1.50% 0.35% 0.04%
Hole 903-12-002 97 106.55 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
http://www.rocklandminerals.ca/Gallery.php
These platinum and palladium grades are demonstrably higher than
surrounding holes drilled in the 1960's and 1980's. 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.
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.
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