Rockland (RL-TSXV) Enters Agreement for Blue Lake Cu-Ni-PGM Mining Lease, Labrador Trough, Quebec

On October 13, Rockland entered into a game changing deal for the Company and its shareholders. It entered into a deal with La Fosse Platinum Group Inc. ("La Fosse”) to option five separate mining leases including the Blue Lake Cu-Ni-PGM “deposits” located in the heart of the Labrador Trough, Quebec.

The agreement covers special mining leases, originally granted to Hollinger North Shore Exploration Ltd. (“Hollinger”) within the province of Quebec. They include the Blue Lake, Jimmick, Chance Lake, Glance Lake, Fredrickson properties and the Lac Aulneau claim group in the Marymac area of the Labrador Trough. Historical information is being compiled on the various mining leases and claims and will be provided in a future announcement.

The Blue Lake “deposits” or “cluster” of disseminated Cu-Ni-PGE bearing sulphide lenses are well documented in various reports by government and independent geologists and have historical estimates as follows:

Zone	Reference	Tonnes	Copper %	Nickel %	Pt+Pd (g/t)
Blue Lake #1	(Clark 1994)	400,000	0.99	0.66	1.13
Blue Lake #2	(Clark 1994)	1,000,000	0.88	0.41	0.80
Centre	(Clark and Wares 2005)	1,390,000	0.77	0.59	0.90
Pogo	(Clark and Wares 2005)	1,240,000	0.96	0.49	0.71
Total	Weighted Average	4,030,000	0.85	0.52	0.84

(*All grades and tonnages presented in this press release are historical and are not NI 43-101 compliant)

The total historical tonnage and weighted average of these 4 main deposits, plus smaller lenses at Blue Lake is 4.03 Mt at 0.85% Cu, 0.52% Ni and 0.84 g/t Pt+Pd.

Key Benefits from Rockland – La Fosse Agreement

• Allows Rockland to begin work towards a potential 43-101 compliant resource at Blue Lake.
• Creates the opportunity to increase tonnage through down dip and step-out drilling at Blue Lake and make new discoveries along fertile horizon at neighboring Retty Lake property.
• Rockland can begin analyzing important data generated from the Blue Lake #1 adit developed in 1985.
• The five special mining leases present significant advantages in rapidly developing potential mineral resources.
• Rockland will have access to Hollinger North Shore Exploration’s world-class exploration database.  
• The Blue Lake lenses are well located, approximately 60 km from Schefferville, where rail and airport exist.
• Rockland will control key mining leases in several areas throughout the Labrador Trough, making it one of the top regional players in this world-class area.

“The acquisition of these mining leases and claims in the Labrador Trough represents a major milestone for Rockland. The development of Cu-Ni-Pt-Pd assets near world-class infrastructure and in a mining-friendly jurisdiction like Quebec, presents a significant advantage. Investors have shown tremendous interest in Canadian projects that are on a path to development, an example being Prophecy Platinum’s Wellgreen PGM-Ni-Cu project. Rockland now has an opportunity to develop its own advanced mineral project starting with Blue Lake”.

Tags: Wellgreen PGM, Wellgreen Yukon, Prophecy Platinum Wellgreen, Wellgreen Ni-Cu-PGM, Blue Lake, Labrador Trough, Rockland Minerals, Yukon.