SUDBURY, ONTARIO--(CCNMatthews - Nov. 30, 2005) - Houston Lake Mining Inc. (TSX VENTURE:HLM), the "Company" is pleased to report on results received from the first 100 of 235 percussion drill samples that tested a portion of 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. The blast hole samples are intended to serve as a preliminary grade control for the planned 1000 tonne bulk sample. The assay results from the 100 blast hole samples range from trace to 85.9 g/mt Au (2.505 oz/st Au) and average 5.36 g/mt Au (0.156 oz/st Au). Additional results are expected within the next few weeks and blasting of the bulk sample will follow shortly thereafter.
As disclosed in the press release of October 20, 2005 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.
The bulk sampling program currently underway forms part of the recommendations outlined in a recently published NI 43-101 report on the AHGZ. The bulk sample is designed to test a portion of the AHGZ and is not intended to be representative of the entire inferred gold resource. As a prelude to bulk sampling three mineralized areas (A, B & C) were selected within the AHGZ and were tested by a systematic pattern of vertical blast holes. The blast holes were drilled by a 2 1/2 inch diameter percussion drill to an average depth of 4.57m (15ft.). The three drill patterns each consisted of sections spaced 1.5m (5ft.) apart with 1.22m (4ft.) intervals between blast holes. The drill sections tested both mineralized AHGZ and barren wall rock.
Systematic sampling of cuttings from the primary cyclone of the percussion drill were taken every 1.5m (5ft.) from each blast hole. Each sample was homogenized in the field and quartered utilizing a Jones Riffler. A total of 235 homogenized and quartered samples of drill cuttings were sent to ALS Chemex Laboratories in Thunder Bay, Ontario (sample preparation) and in North Vancouver, B.C (for fire assay analysis with a 50 gram charge).
Area A tests the main mineralized lens (Lens 1) with 179 samples and is located at surface near the north end of the 130m stripped section of the AHGZ. Area B (31 samples) and Area C (25 samples) target portions of Lens 1 in the central portions of the stripped area and are intended to be supplementary draw points should Area A produce less than the 1000 tonne cap. Assay results have been received from 100 of the 179 blast hole samples taken from Area A. The assay results ranged from trace to 85.9 g/mt Au (2.505 oz/st Au) and averaged 5.36 g/mt Au (0.156 oz/st Au). Independent Consulting Geologist Dean R. Cutting, P. Geo., the Qualified Person for the project as defined under National Instrument 43-101.
Company president and C.E.O., E. Grayme Anthony, P. Geo., commented: "We continue to be rewarded for our early positioning in gold and by our commitment to the West Cedartree area. The potential economic viability of the Angel Hill Gold Zone has consistently improved with every phase of exploration from discovery to initial geological investigations to intensive channel sampling through two phases of delineation drilling and recently to initial metallurgical testing and an inferred mineral resource calculation. Excellent infrastructure, the near surface geology and high recoveries in initial testing are additional positive attributes of the gold mineralization at Angel Hill.
We are highly encouraged by the initial blast hole sample results given the much higher assurance of the close spaced (5ft. by 4 ft.) blast hole drill pattern relative to the 66ft. spacing of the delineation drill program. We look forward to receiving the rest of the blast hole results over the next few weeks and subsequent execution of the bulk sampling program over the next month."
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) 897-7622
(705) 897-7618 (FAX)
houston@vianet.on.ca
www.houstonlakemining.com
