SUDBURY, ONTARIO--(CCNMatthews - Nov. 3, 2005) - Houston Lake Mining Inc. (TSX VENTURE:HLM)(the "Company") is pleased to report that the Company has initiated bulk sampling on a portion the Angel Hill Gold Zone ("AHGZ"). The AHGZ is one of two gold zones identified thus far on the Company's 100% owned, 635.6 hectare (1569.8 acre) West Cedartree Gold Project located near Sioux Narrows, Ontario. A percussion drill arrived on site yesterday. The drill cuttings from the blast hole pattern will be sampled for grade control and sent for analysis to ALS Chemex Laboratories of North Vancouver, B.C. The bulk sample is planned be no larger than 1000 tonnes. Results of the bulk sampling program are not expected to be available for a month or more and will be announced as soon as received.
The bulk sample will test a portion of the AHGZ and is not intended to be representative of the entire inferred gold resource. The bulk sample is designed to: a) validate the trend and plunge of the gold mineralization within the AHGZ; b) compare actual grade versus projected grade from the inferred resource calculation; c) better understand the gold distribution in a larger sample; and d) monitor how gold behaves in a mill circuit as compared to laboratory conditions.
The AHGZ has an estimated inferred mineral resource of 106,400 tonnes grading 2.97 g/mt Au at a cutoff of 2 g/mt (117,286 short tons grading 0.087 oz/st Au at a cutoff of 0.058 oz/st) or 49,700 tonnes grading 4.77 g/mt Au at a cutoff of 4g/mt (54,785 short tons grading 0.139 oz/st Au at a cutoff of 0.117 oz/st). The estimate is based on systematic channel sampling and drilling programs (1733m in 26 holes) defining a block 160m (525ft.) long extending from surface to a depth of 75m (246ft.). Average recoveries of 93.4% have been previously reported in preliminary bench tests. Independent Consulting Geologist Dean R. Cutting, P. Geo., the Qualified Person for the project as defined under National Instrument 43-101.
The bulk sampling program forms part of the recommendations outlined in a recently published NI 43-101 report on the AHGZ. The report proposes two phases of exploration. The $750,000 Phase 1 exploration program would be comprised of: a 1000 tonne bulk sample, stripping, geological mapping and channel sampling of the AHGZ and MGZ, IP geophysical surveying and a 1,500m (4920ft.) drill program. A Phase 2 $750,000 exploration program would be contingent upon the results of the first phase and will be comprised of additional drilling and bulk sampling.. Houston Lake is funded to complete the bulk sampling and intends on raising funds to carry out further exploration recommended by the report.
Houston Lake is actively exploring for Gold, Platinum Group Metals and Rare Metals with a strategic focus on NW Ontario. The Company has a total of 18,706,862 common shares issued and outstanding. The common shares of Houston Lake Mining Inc. trade through the facilities of the TSX Venture Exchange under the symbol HLM. For further information, we invite you to visit us at www.houstonlakemining.com. To hear more about HLM.V from CEO Grayme Anthony please go to: http://www.publiccoreport.net/featured/HLM/company.asp.
FOR FURTHER INFORMATION PLEASE CONTACT:
Houston Lake Mining Inc.
E. Grayme Anthony B.Sc., P. Geo., F.G.A.C., M.B.A
(705) 897-7618 (FAX)