Diamond Drill Program Commences on the PAK Rare Metals Project in Ontario
Houston Lake Mining Inc. (TSX.V: HLM), is a mining exploration
company which is actively exploring for the rare metals lithium, cesium,
tantalum, and rubidium by currently focusing on its 100% owned and
optioned PAK Rare Metals Project in northwestern Ontario, Canada. HLM is
pleased to announce the commencement of diamond drilling on the PAK Rare
Metals Project, located near Red Lake, Ontario. This initial phase I of
diamond drilling is follow-up to the 2012 PAK exploration program which
included surface channel samples of the Pakeagama Lake pegmatite (see
news releases dated January 10th and 29th, 2013).
The drill program will focus on drill targets derived from the high
grade mineralization encountered in various zones at surface.
The current drill program consists of 1,000 m in six holes. The
objectives of the program are (1) to determine the orientation,
thickness and zonation of the Pakeagama Lake pegmatite, and (2) to
refine the mineralogical characterization of these zones by better
establishing their lithium, tantalum, cesium and rubidium potential. The
drilling will be completed before the end of this winter and results
will be reported as they are received and interpreted.
About the PAK Rare Metals Project
The Pakeagama Lake
pegmatite currently has a strike length of over 200m with a width up to
150m at surface with mineralization that is open in all directions. In
September 2012, Peter J. Vanstone, P.Geo. the qualified person for the
project, conducted a 91 sample channel sampling program on the exposed
Pakeagama Lake pegmatite in order to confirm historical results and to
add additional channel samples while further sampling by distinct
geologic zones. The results of the program have so far identified high
grade lithium up to 4.74% Li2O over 15 meters in three
distinct pegmatite zones, and high grade tantalum up to 192ppm Ta2O5
over 14 meters in one of these zones.
About Houston Lake Mining Inc.
HLM is a mining exploration
company that is actively exploring for the rare metals lithium, cesium,
tantalum, and rubidium and is currently focusing on its 100% owned and
optioned Pak Lithium Project in northwestern Ontario, Canada. HLM has a
total of 63,019,056 common shares issued and outstanding. For additional
information, please visit www.houstonlakemining.com.
Company Contact Information
Henry J. Kloepper, CEO
2736
Belisle Drive
Val Caron, ON. P3N 1B3 CANADA
T. +001
705.897.7622
F. +001 705.897.7618
Forward-looking Statements
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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.
Henry J. Kloepper, +001
705.897.7622
CEO
F. +001 705.897.7618