Rockland Minerals (RL-V) Cu-Ni-PGM play, in PQ
www.rocklandminerals.ca
42 million o/s
<0.2 million (as of Sept 30, '13)
Company presentation
rocklandminerals.ca
Jan 13, '14 - NR
Rockland Minerals Corp. has staked a total of 51 new mining claims covering approximately 2,500 hectares to the south and southeast contiguous with the company's Blue Lake copper-nickel-platinum-group-metals property, Labrador Trough, Quebec. The company now controls all of the downdip extension of the middle sill Blue Lake massive sulphide deposits and picks up a new area to the southeast containing upper sill Berry Lake-style Cu-Ni-PGM massive sulphides intercepted in two historic shallow diamond drill holes. This new staking completes coverage of the favourable pyritic black shales units along an exceptionally sulphur-rich timeline which played a critical role in forming the Blue Lake (historical) deposit. Where the peridotite sills came in contact with these horizons, sulphur contaminated the ultramafic magma and Cu-Ni-PMG mineralization formed.
The company's staking now consolidates the Terrier Lake anticline extension to the south and east, and the district-wide downdip projections of outcropping Cu-Ni-PGM mineralization in both the Retty Lake syncline and the Berry Lake syncline structures. Offset drilling of known Cu-Ni-PGM massive sulphide occurrences will likely intercept more sulphide lenses at similar grades and tonnages to the Blue Lake massive sulphides, and significantly increase the Cu-Ni-PGM resource in the district.
George Sanders, PGeo, a director of the company, is the qualified person under National Instrument 43-101 responsible for the technical content of this news release. |
