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Houston Lake Mining Announces up to 10.794g/t Gold from Regional Prospecting, also Diamond Drilling to Commence mid January on the West Cedartree Project

21.12.2010  |  Business Wire

Houston Lake Mining Inc. (TSX VENTURE:HLM), is an advanced
exploration company which has prospected and strategically acquired
contiguous gold properties in Northwestern Ontario with the objective of
transitioning into production. HLM also seeks platinum group and rare
metal deposits in Northwestern Ontario. HLM is pleased to report the
results of 170 regional prospecting samples and 9 channel samples taken
from the West Cedartree project area during the months of August and
September.


The target areas for the sampling were a number of untested positive
chargeability anomalies similar to the anomaly that defines the recently
discovered Robertson Gold Zone, a shear zone that hosts the Gold Sun
adits, historical trenches on the McLennan Property and some anomalous
areas near the Dogpaw Gold Zone. A chargeability compilation map that
combines results from two IP surveys is available at http://www.houstonlakemining.com/images/IPchargability_WCP.jpg.


The results ranged from trace to 10.794 grams per tonne. The following
table shows the results and location of all samples >2.0 grams per tonne
gold, which represent 3% of the total samples taken.

Location
  

Sample

Type


  


  

Northing


  
Easting
  

Au

g/mt


  


  

Au

oz/st


Gold Sun Property

Grab

434345

5462033

10.794

0.315

Robertson Gold Zone area

Grab

435583

5462912

7.030

0.205

McLennan Gold Zone area

Grab

435177

5464357

3.484

0.102

Robertson Gold Zone area

Grab

435678

5462921

3.178

0.093

Gold Sun Property

Grab

432867

5461136

2.818

0.082

Robertson Gold Zone area

Grab

435880

5461935

2.416

0.070


'We are encouraged by the results of our strategic sampling program as
we have numerous gold showings on the West Cedartree Project. Focusing
on the newly discovered Robertson Gold Zone is the logical choice for
exploration in the short term for the company? said Trevor R. Walker,
President of HLM. 'The prospecting samples in the vicinity of the
Robertson Gold Zone appear to indicate that the chargeability anomaly
that defines the zone continues northward and southward and are offset
approximately 200 meters by lateral faulting to the east. Anomalous
results have been obtained from an indicated strike length of at least
200 meters and suggest the possibility of a 400 meter length at surface.


A diamond drill program of at least 3000m will commence in mid January.
This program will target both the Robertson Gold Zone and the historic
McLennan Gold Zone. The Robertson Gold Zone Phase II drill program will
test the strike length extensions, as well as perform some deeper
drilling on the known zone. Some drilling will take place on the
historic McLennan Gold Zone, where some historic drilling was done in
the 1940′s and only 6 shallow diamond drill holes from HLM in 2006 and
2007. Both Zones have tremendous exploration upside/resource potential,
have historically displayed significant gold intersections with a small
number of holes in the past and interpretation suggests that both could
be amenable to the economic open pit methods of mining. '

About the Robertson Gold Zone


The Robertson Prospects have an insignificant exploration history dating
back to the 1940′s. Three showings were known to have been documented on
the West Cedartree Property with minor indications of gold
mineralization. The Robertson Zone at exposed surface is a 60m long by
20m wide stripped and washed area of gabbroic rock which has three
converging shear zones of silicification and variable amounts of finely
disseminated pyrite up to 1-2%. These converging zones trend NNE, NNW
and EW and vary in width from 3 meters to 20 meters. Channel samples
taken in the summer of 2010 from this area ran up to 2.97 g/t Au over a
length of 0.43 meters. No previous drilling has been done on this zone
prior to HLM performing its phase I drill program in 2010. WC10-01 has
shown great potential for both width at 42 metres, and also bodes well
for higher grade potential intersecting .6 metres of 6.56 g/t. More
specifically the zone is complimented by the hole WC10-05 intersection
of 22.60 metres of 2.047g/t gold including 4.30 metres of 4.740 g/t.
This Robertson hole targeted the north-south trending altered shear
zones. Furthermore, WC10-02 intersected 23.70 metres of 0.980 g/t gold,
including 18.30 metres of 1.200 g/t gold.

About the McLennan Gold Zone


The property geology consists of basaltic lavas and pyroclastics
intruded by a large gabbro sill and quartz feldspar porphyries. Gold
mineralization on the property is associated with north-south trending
shear zones near the contact of or internal to the large gabbro sill.
Shear zones are possibly related to the Pipestone Lake-Cameron Lake
Fault Zone, a major conduit for gold deposits in the region.


In 1944 drilling by Sylvanite Gold Mines Ltd. encountered significant
gold-bearing intersections over strike length of 280 m (918 ft). Hole
44-09 encountered the best intersection with 2.848 g/t gold over 4.60m.
Holes drilled were approximately 40-50m deep.


In 2006, HLM conducted IP geophysics survey traced possible gold
indication for over 800 m southward to where the zone appears to merge
with the Angel Hill Gold Zone. Between 2006 and 2007 HLM drilled 8
shallow drill holes which encountered significant gold values over
substantial widths. The best intercept was with hole 06-35 which
intersected 4g/t gold over 9m from 26-35m from surface.

Due Diligence


All samples reported were shipped to Accurassay Laboratories, an ISO
accredited facility, of Thunder Bay, Ontario. Samples were analyzed by
fire assay utilizing 30-50 gram charges. All samples were assayed with
an AA finish and those samples assaying above 3 g/mt gold are retested
utilizing a gravimetric finish.


This news release was reviewed by Bryan McKay, P. Geo., who is a
Qualified Person under the guidelines of the National Instrument 43-101.

About Houston Lake Mining Inc.


Houston Lake is an advanced, vertically integrated resource exploration
company. The Company is actively exploring for gold, platinum group
metal and rare metal deposits in Northwestern Ontario with a strategic
focus on the West Cedartree gold project. Houston Lake′s objective is to
become a gold producer by surface mining its West Cedartree gold project
and developing its 100% owned and optioned properties. The Company has a
total of 47,289,304 common shares issued and outstanding. For additional
information, please visit us at www.houstonlakemining.com.

Forward-looking 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.
This release includes certain statements that may be deemed
'forward-looking statements?. All statements in this release, other than
statements of historical facts, that address future production, reserve
potential, exploration drilling, exploitation activities and events or
developments that the Company expects are forward-looking statements.
Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results
or developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ materially
from those in forward looking statements include market prices,
exploitation and exploration successes, continued availability of
capital and financing, and general economic, market or business
conditions. Investors are cautioned that any such statements are not
guarantees of future performance and those actual results or
developments may differ materially from those projected in the
forward-looking statements. For more information on the Company,
Investors should review the Company′s registered filings what are
available at
www.sedar.com.

Houston Lake Mining Inc.

Trevor R. Walker, MBA

President

Tel:
705.897.7622

Fax: 705.897.7618



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