I recommend you get a new Magnesium test kit (actually I recommend you get a new alk/magnesium/nitrate/phosphate test kit, the API Calcium is fine).
Either your test kits are off or you have low mag at 1200. Should be 1285-1350 with 420 Calcium and 9 dkH sustained.
If it's only on that new dry rock, it's just diatom/new tank algae. I wouldn't freak out thinking it's "leaching something". It's only been one week. Fresh dry rock is the first place things will grow in a tank because it's brand new and equilibrium with the rest of the tank has not been reached.
Give it some time and see what happens. If it doesn't go away or changes into a big nuisance algae problem OR you suddenly have elevated sustained phosphate without changing anything else, then you can start to worry about "leaching". For now it looks normal to me.