RL

Rockland Minerals Corp. (TSX VENTURE:RL) (the "Company") has completed its 1,558
meter diamond drilling program in a total of 16 holes, strategically spread
across the Blue Lake Cu-Ni-Pt-Pd Property located in the Labrador Trough,
Quebec. This drilling was to explore and verify the Blue Lake massive sulfides,
and results were very encouraging. Initial core logging showed massive and
disseminated sulfides, with abundant visible chalcopyrite, at or near the base
of a sheet-like ultramafic unit, the lower sill. This was confirmatory drilling,
and a number of the holes were drilled outside previously-outlined massive
sulfide Cu-Ni-Pt-Pd bodies. The massive sulfide is nickeliferous pyrrhotite
(FeS) containing chalcopyrite (CuFeS2) and pentlandite (NiFeS). Sulfide
accumulations occur in either of two places -- at the base of the ultramafic
intrusive sill, or in the lower third of the ultramafic sill. Widespread
disseminated mineralization, characterized by the presence of chalcopyrite in
the core, was seen within the ultramafic unit. Photos of some of this drill core
have been posted to the Company website at
http://www.rocklandminerals.ca/Gallery.php. 


Drill core is en-route from Blue Lake drilling to IOS Services Geoscientifiques
in Chicoutimi (Saguenay), Quebec to be carefully saw-cut and sampled. High
platinum and palladium values are expected occasionally in these drill cores.
Rockland and the contractor are following a very strict protocol of 15% quartz
blanks in the sample stream. Samples will be crushed and pulverized in-house at
the IOS Services Geoscientifiques facility. George F. Sanders, P.Geo, a director
of the Company, and the Qualified Person under National Instrument 43-101
responsible for the technical content of this news release.


In other news, the Board of Directors has adopted a Corporate Social
Responsibility Policy (CSR) for the Company based upon the e3 Plus Initiative of
the Prospectors and Developers Association of Canada. The CSR policy has been
posted to the Company's website.


The Company announces it has arranged a non-brokered private placement, pursuant
to which the investor will purchase from the Company up to 125,000 non
flow-through common shares priced at $0.16 per share. Proceeds from this private
placement will be used as general working capital. All of the securities issued
pursuant to the Private Placement will be subject to a restricted period of four
months and one day from the date of Closing. The Private Placement is subject to
approval from the TSX Venture Exchange.


Please visit our website for more information. 

We seek Safe Harbor. 

On behalf of the Board of Directors 

Rav Mlait, President and CEO 

Rockland Minerals Corp.

Rockland Minerals Corp. (TSXV:RL)
過去 株価チャート
から 5 2024 まで 6 2024

Rockland Minerals Corp. (TSXV:RL)
過去 株価チャート
から 6 2023 まで 6 2024