Frontier Lithium Inc (FL)

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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



Company Contact Information



Trevor R. Walker, President

2736 Belisle Drive

Val Caron, ON.

Henry Kloepper, CEO

T. +001 416.520.0187



P3N 1B3 CANADA



T. +001 705.897.7622

F. +001 705.897.7618



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 http://www.sedar.com


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/HoustonLakeDec82014.pdf

Source: Houston Lake Mining Inc. (TSX Venture:HLM) http://www.houstonlakemining.com/



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