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rockland minerals corp (RL) Snapshot

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07/20/12 - C$0.14
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Market Cap
421.8K
Average Volume 10 Days
193.3K
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Shares Outstanding
42.2M
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rockland minerals corp (RL) Details

Rockland Minerals Corp., a junior mineral exploration company, engages in the acquisition, exploration, development, and mining of mineral properties in Canada. The company primarily explores for gold, copper, and nickel deposits, as well as platinum group elements. It has working interests in the Blue Lake property, the Retty Lake project, the Schefferville Gold property, and the Ashuanipi property all located in the Schefferville area of Quebec, Canada. The company was incorporated in 2008 and is headquartered at Burnaby, Canada.

Founded in 2008

rockland minerals corp (RL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$68.0K
Chief Financial Officer, Secretary, Director ...
Total Annual Compensation: C$58.0K
Compensation as of Fiscal Year 2011.

rockland minerals corp (RL) Key Developments

Rockland Minerals Corp. Announces Two Highly Prospective Zones with Significant Cu-Ni-PGM Massive Sulfide Drill Intercepts at Blue Lake, Labrador Trough, Quebec

Rockland Minerals Corp. announced that its ongoing compilation of proprietary historical data is showing 2 highly prospective zones with significant Cu-Ni-PGM massive sulfide drill intercepts at Blue Lake, Labrador Trough, Quebec. These 2 zones, Starr Lake and Berry Lake, lie within its 100% owned Retty Lake claims a few kilometers on either side of the Blue Lake Project, where Rockland drilled 1,568 meters in 2012. These are the immediate focus of Rockland's Blue Lake Expansion project, and are likely to host significant new Cu-Ni-PGM massive sulfide lenses. Blue Lake is well located approximately 50 km from the town of Schefferville, Quebec which has its own airport and railhead. The Starr Lake zone lies approximately 4 kms NW of Blue Lake.

Rockland Minerals Corp. Announces Diamond Drilling Results of Blue Lake System, Labrador Trough, Quebec

Rockland Minerals Corp. announced that diamond drilling has encountered plus 1 g/t Pd values in Cu-Ni-PGM zones at the known outer margins of the Blue Lake massive sulfide lenses, Labrador Trough, Quebec. Hole 14 drilled 2 meters of 0.22 g/t Pt, 1.1 g/t Pd, 0.5% Cu, and 0.2% Ni. Hole 13 encountered two strongly mineralized zones; 1.6 meters of 0.18 g/t Pt, 1.2 g/t Pd. 0.5% Cu and 0.3% Ni at 148.90 m, and 1.2 meters of 0.16 g/t Pt, 0.77 g/t Pd, 0.67% Cu and 0.41% Ni at 162.40 m. Both drill holes tested the outer margins of the Blue Lake # 2 sulphide lens. Hole 10, located over 1,000 meters outside of the nearest known lens, near the southern property boundary next to Anglo American, drilled 28.72 meters of disseminated Cu-Ni-PGM mineralization. The drilling results from the outer margins of the known lenses and southernmost property boundary confirm the significant tonnage potential of the Blue Lake historical deposits. Historical drilling largely concentrated on defining known mineralization. Rockland's 2012 drilling program shows that significant "step-out" potential exists. All results have been received and all drilling 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.

Rockland Minerals Corp. Announces Additional Preliminary Results from Six Holes from the Blue Lake Cu-Ni-PGM Property Located in Labrador Trough, Quebec

Rockland Minerals Corp. announced 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, Quebec. 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. 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. 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.

 

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