Rockland Minerals Announces Potential for Mineralization Expansion at Chance Lake

Rockland Minerals Corp. (TSXV:RL) announced that ongoing compilation of proprietary historical data shows the potential for mineralization expansion at its Chance Lake Ni-Cu-PGM property, located in the Labrador Trough, Québec. On this easternmost trend, historical Ni-Cu tonnage was blocked-out at Chance Lake from the 1950′s to the 1970′s, with drill confirmation of the presence of platinum and palladium in the 1980′s.

As quoted in the press release:

Chance Lake has a non 43-101 historical resource of 550,000 tons of 0.89% Ni and 0.66% Cu. The massive sulfides were drilled in the 1980′s to confirm the presence of Pt-Pd, because the precious metals were not assayed-for earlier. A pair of holes drilled by Rockland Minerals in 2011 at Berry Lake, situated 200 metres apart, cut massive sulfide intercepts of 4.00 metres at 0.20% Cu, 0.62% Ni, 0.10 g/t Pt, 0.21 g/t Pd, and 4.40 metres 0.19% Cu 0.50% Ni 0.10 g/t Pt 0.19 g/t Pd. At Chance and Berry, massive sulfides lie at the base of broad zones of disseminated “net texture” Ni-Cu-PGM sulfides typically ranging from a few metres up to 30 metres in thickness.

Click here to read the Rockland Minerals Corp. (TSXV:RL) press release
Click here to see the Rockland Minerals Corp. (TSXV:RL) profile

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Platinum Report Cover small 

Get Our Expert Guide to Platinum Investing FREE!

  Download this FREE Special Report, Why Invest in Platinum Stocks? What the Future Could Hold for Lonmin, the AMCU and South African Platinum Production.

Leave a Reply