Rockland Minerals Corp.
TSX VENTURE : RL

Rockland Minerals Corp.

September 11, 2012 08:30 ET

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

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2012) - 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, Québec. 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.

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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