HLM Commences Resource Estimate update for the PAK Rare Metals Project in Ontario, Canada

Sudbury, Ontario (FSCwire) - Houston Lake Mining Inc. (TSX.V: HLM), is pleased to report that as a result of the drilling program on the PAK Rare Metals Project in 2014, the Company has commenced an updated National Instrument (“NI”) 43-101 compliant Mineral Resource estimate with WSP Canada Inc. (TSX: WSP), a Montreal-based firm. WSP is one of the largest engineering firms in Canada and has a mining division maintaining independent consulting geologists and engineers.

“We are pleased to be in a position to advance the PAK Rare Metals Project to another level with a reputable firm such as WSP. We anticipate that the updated Mineral Resource Estimate should be completed early in January, 2015. Further to a potentially increased size and estimate of the lithium, tantalum, rubidium and cesium contained therein, this milestone will serve as a base from which HLM can further increase the level of confidence by future in-fill drilling of the deposit,” commented Trevor R. Walker, President of HLM.

About the PAK Rare Metals Project

The PAK Rare Metals Project lies close to the boundary between two geological sub-provinces of the western Superior geologic province in northwestern Ontario and hosts a rare metals pegmatite deposit. The deposit is an LCT (lithium- cesium- tantalum) classified pegmatite. These rare types of deposits have been the principal source of hard rock lithium, tantalum, rubidium and cesium ores mined in the world.

HLM is actively exploring its 100% owned and optioned project which contains the Pakeagama Lake pegmatite. The deposit is one of the highest grade deposits in North America which has a current Inferred Resource of 6.89 million tonnes of 1.86% Li2O Eq. which has a technical/ceramic grade spodumene with low inherent iron (below 0.1% Fe₂O₃). Within the deposit, the pegmatite uniquely hosts an Upper Intermediate Zone of 1.17million tonnes grading 3.44% Li2O. A 9-hole, 1,500m Phase II diamond drill program was completed in late March 2014 which and has not yet been considered in a resource calculation. As a result of the drill program, the pegmatite now has a 400m strike length with an estimated width varying from 10m to 125m with a sub-vertical orientation. The resource remains open to depth and along strike to the northwest and southeast.

About Houston Lake Mining Inc.
HLM’s goal is to become a fully integrated lithium and tantalum producer through the development of the PAK Rare Metals Project in Ontario, Canada. The Company's strategy is to take advantage of low-Fe ceramics/glass market as well as the global shift towards electric/hybrid vehicles and high quality consumer electronics by becoming a raw material supplier of the elements required for the pursuit of sustainable energy and other applications in ceramics/glass, high-tech electronics and metal alloys. Combined, HLM’s Board of Directors and Management have over 300 years of finance, exploration and mining experience to help to facilitate the Company’s goal.

HLM has a total of 90,807,595 common shares issued and outstanding. For additional information on HLM, please visit www.houstonlakemining.com

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