For Immediate Release. January 15, 2013, Vancouver, BC, Canada: Rockland Minerals Corp. (the "Company" or "Rockland"), (TSX.V: RL) is pleased to announce that La Fosse Platinum Group Inc. ("La Fosse) and Rockland have amended payment and work commitment terms for the Blue Lake Cu-Ni-PGM property located in the southern Labrador Trough, Quebec.  The amended terms reduce both the amount of cash required to be paid by Rockland in the short term, and reduces the annual work commitment amounts by adding an additional year to the agreement. The amendment provides greater flexibility for Rockland during the option period. Under the amended option agreement, the Company can acquire a 55% interest in the Property over a 5 year period by making cash payments totaling $350,000 and issuing an aggregate of 5.5 million common shares and by spending $4.5 million in exploration on the property. Rockland has met and surpassed the first anniversary work commitment expenditures on Blue Lake. The amended terms are as follows:

Going forward cash and common share payments to La Fosse:

  1. $50,000 before December 31, 2011 and 1,000,000 shares  (paid)
  2. $45,000 and 1,500,000 shares -  1st anniversary of option agreement 
  3. $50,000 and 1,000,000 shares -  2nd anniversary of option agreement
  4. $60,000 and 1,000,000 shares -  3rd anniversary of option agreement
  5. $65,000 and 1,000,000 shares -  4th anniversary of option agreement
  6. $80,000 - 5th anniversary of option agreement

Work commitment expenditures:

  1. $700,000 -  1st anniversary of option agreement 
  2. $400,000 -  2nd anniversary of option agreement 
  3. $1,000,000 - 3rd anniversary of option agreement
  4. $1,200,000 - 4th anniversary of option agreement
  5. $1,200,000 - 5th anniversary of option agreement
The amended option agreement is subject to TSX Venture Exchange acceptance.

On behalf of the Board of Directors
"Rav Mlait"

President and CEO
Rockland Minerals Corp.
(604)551-7831

Statements in this press release regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations and includes the statements with respect to the proposed Private Placement, the Closing thereof, the anticipated closing dates of the tranches and the Company's intention with respect to the use of proceeds from the Private Placement. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties such as the risk that the closing may not occur for any reason. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as: (i) the inability of the parties to consummate the Private Placement or to finalize an agency agreement for any reason; (ii) a change in market conditions; and (iii) the refusal of the TSXV to accept the proposed transaction for any reason whatsoever. Except as required by law, the Company does not intend to update any changes to such statements.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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