Rockland Minerals Corp. (TSXV:RL) announced that its Terrier Lake Cu-Ni-PGM claims, located on-trend with Blue Lake, is showing the potential for mineralization expansion. This has been found through the Company’s ongoing compilation of proprietary historical data in the Labrador Trough, Québec.
As quoted in the press release:
Rockland staked the Terrier Lake claims to protect the down-dip extension of the Terrier Lake Anticline, an analogous structure to the nearby Blue Lake Cu-Ni-PGM massive sulfides. Anglo American’s staking adjacent to Rockland’s outcropping Berry Lake Cu-Ni-PGM mineralization, in a similar structural setting to the east of Blue Lake, has again turned the spotlight on this area. The Terrier Lake, Nancy Lake, Starr Lake and Lost Lake zones were intensely studied by Falconbridge Nickel Mines Ltd. in the mid 1970′s. More than 25 miles of detailed horizontal-loop electromagnetic surveys were conducted over 4 grids which now lie within Rockland’s Retty Lake claims at the nose of the big Retty Lake Syncline structure. Over a dozen targets identified by this field work remain undrilled.
Rockland Minerals Corp. Director, George F. Sanders, said:
These large synclinal structures permit Rockland to develop deeper Cu-Ni-PGM targets because the folding has preserved the “middle sill” and the “upper sill” from erosion. We are increasingly confident that the small, parasitic drag folds in these large synclines indicate the presence of Cu-Ni-PGM massive sulfides at depth. Folding was localized precisely where the sulfide accumulations were thickest, and sulfides tended to migrate into the noses of these fold structures during dynamic metamorphism. Intriguing comments abound in the Falconbridge report, particularly about the possibility of new structural interpretations of the Terrier Lake Anticline.