Mountain Lake Resources fka MOA

[kcjones]

Mountain Lake to begin Goodwin Lake drill program
2003-09-22 17:45 ET - News Release

Mr. Allen Sheito reports

ADDITIONAL DRILLING BY MOUNTAIN LAKE IN NEW BRUNSWICK

Mountain Lake Resources has disclosed that a diamond drilling program will be carried out in its New Brunswick Goodwin Lake base metal property located in the Bathurst district. Field crews are currently in the process of mapping, positioning and soil sampling seven untested electromagnetic anomalies identified during the fieldwork completed in the late 1990s.

Diamond drilling on at least three of the most promising targets will commence in the second half of September, 2003. A drill contract for a minimum of 500 metres will be tendered once the geochemical analyses are received.

The Goodwin Lake property is the site of a significant massive sulphide drill intersection cored in 1997. This intercept contained 5.93 per cent zinc, 0.24 per cent lead and 0.09 per cent copper over a core length of 15.9 metres. The company's 2003 field program has been designed to test and evaluate other nearby electromagnetic anomalies for their base metal potential.

Mountain Lake Resources is a Canadian based mineral exploration company with a 25% interest in a producing diamond mine in South Africa.

For more information please contact:

Mountain Lake Resources Inc.
Allen E.Sheito
President & CEO
MOA (TSX Venture Exchange)
www.mountain-lake.com
Direct Dial: 902-542-9773
Fax: [phone]