Monday, July 22, 2013 2:38:17 PM
Sudbury, Ontario –April 30, 2013 - Houston Lake Mining Inc. (TSX.V: HLM), is a mining exploration company that is specialized in rare metals and actively exploring for lithium, tantalum, cesium, and rubidium by focusing on its high grade, 100% owned and optioned PAK Rare Metals Project in northwestern Ontario, Canada. HLM is pleased to announce the recent staking of prospective and adjacent grounds which substantially increases the Company’s controlled land position and size of the PAK Rare Metals Project to 2,816 hectares (6,958 acres).
"The Phase I diamond drill program which commenced in March, coupled with the recently increased property size confirms HLM's commitment to the strong market interest in strategic metals through our investment in a leading exploration target in the high-grade, multi-element Pakeagama Lake pegmatite on the PAK Rare Metals Project.", said Trevor R. Walker, President of HLM.
About the PAK Rare Metals Project
The Pakeagama Lake pegmatite has an exposed strike length of approximately 200m with a width up to 150m at surface with mineralization that is open along strike, and at depth. In September 2012, HLM conducted a 91 sample channel sampling program on the exposed pegmatite by targeting distinct geologic zones. The results of the program have identified high grade lithium, tantalum, and rubidium with up to 4.74% Li2O over 15 meters in three distinct pegmatite zones, 14 meters of 192ppm Ta2O5 (including 270ppm over 6 meters) and 0.53% Rb2O in one of the zones. Within the next three to five weeks, HLM will begin receiving assay results from the Phase I, 6-hole, 1,000-meter diamond drill program that commenced in March. The intention of this first drill program is to determine the orientation and thickness of the pegmatite, to better define the pegmatite zonation, and to refine the mineralogical characterization of these zones by establishing their lithium, tantalum, cesium and rubidium potential.
About Houston Lake Mining Inc.
HLM is a mining exploration company that is specialized in rare metals and actively exploring for lithium, cesium, tantalum, and rubidium by focusing on its 100% owned and optioned PAK Rare Metals Project in northwestern Ontario, Canada. HLM has a total of 70,236,695 common shares issued and outstanding. For additional information, please visit www.houstonlakemining.com.
Company Contact Information
Henry J. Kloepper, CEO, Trevor R. Walker, President
2736 Belisle Drive
Val Caron, ON.
P3N 1B3 CANADA
T. +001 705.897.7622
F. +001 705.897.7618
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