Jul. 20, 2011 (Filing Services Canada) -- Houston Lake Mining Inc. (HLM - TSX Venture, HLKMF - OTC Pink),is an advanced exploration company which has prospected and strategically acquired contiguous gold, rare metals and platinum group elements projects with the objective of transitioning into production. HLM is pleased to report the results of 80 regional prospecting samples taken from the West Cedartree Gold Project area during the months of May and June.
The target areas for the sampling were from a number of newly trenched areas in the vicinity of previous trenches 1, 2, 3, 4, 5, 6, 11, 32 and 33. Trenches 1, 2 and 11 occur in an area historically referenced as the Darby Shear Zone (DSZ). The DSZ trends from the south end of Dogpaw Lake in a south-easterly direction on the Dogpaw Lake Property and could possibly intersect the Cameron Lake-Pipestone Fault and to the north.
A compilation map that combines basic geology, the exposed Dogpaw Veins as well as results from the prospecting is available at http://www.houstonlakemining.com/images/DogpawProspecting2011.jpg.
The results ranged from trace to 18.535 grams per tonne. The following table shows the results and location of all samples >1.0 grams per tonne gold. These samples represent 11.3% of the total prospecting samples taken to date.
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Location Sample Northing Easting Au Au
Type g/mt oz/st
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Vein 4 area Grab 436585 5464897 18.54 0.541
Vein 11 area Grab 436529 5464843 7.69 0.224
Vein 4 area Grab 436589 5464902 4.36 0.127
Vein 4 area Grab 436594 5464926 3.86 0.113
Vein 33 area Grab 436593 5464998 3.07 0.090
Vein 4 area Grab 436588 5464913 1.52 0.044
Vein 4 area Grab 436 590 5464943 1.42 0.041
Vein 5 area Grab 436619 5465362 1.21 0.035
Darby Shear area Grab 436516 5464911 1.04 0.030
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"We are encouraged by the results of our strategic sampling program as we begin to understand and focus on previous management's work on the Dogpaw Lake Property. The Dogpaw has garnered focus due to past high grade results, such as with hole DP 2007-042 which encountered 7.5m of 29.9g/t gold while testing historic Vein 1, and the further potential that we see on the property" said Trevor R. Walker, President of HLM.
"The prospecting samples in the vicinity of Vein 4 confirm past work done and highlight the possibility of extending Veins 1 and 2 towards the northeast to include Vein 4. Veins 1 and 2 seem to be a continuous zone from the southwest to the northeast for a strike length of 200m. With the past drilling by HLM and the known mineralization at surface on vein 4, 280m of potential strike length exists."
"In addition to the southwest/northeast extension potential, a major structural feature historically referenced as the Darby Shear Zone (DSZ) has been exposed through trenching where some mineralization has resulted. This is also an encouraging feature as this structure has remained largely untested by past work and could possibly be related to the Pipestone Lake-Cameron Lake Fault Zone, a major conduit for gold deposits in the region, and a specific target for Coventry Resources Limited's Cameron Gold Deposit which is in excess of one million ounces and is located approximately 12 km away."
Currently, additional prospecting, trenching, washing, and channel sampling is underway at the Dogpaw Lake Property.
About the Dogpaw Lake Property
The Dogpaw Lake Property has an extensive exploration history dating back to the 1940's. Four main gold zones and ten documented gold occurrences have been discovered thus far on the property. A historic resource estimate of 53,741 metric tonnes grading 15.43 g/t Au (59,240 short tons grading 0.45 oz/st Au) remains after the extraction of a 454 metric tonne (500 short ton) bulk sample grading 8.23 g/t Au (0.24 oz/t Au) from Vein 1. A qualified person as defined under NI 43-101 has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. Houston Lake is not treating the historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and the historical estimate should not be relied upon.
HLM has drilled approximately 7000m which tested both veins 1 and 2 where a mineralized strike length of 200m has been encountered up to a depth of 230m. A 3D geochem model can be viewed on page 13 of the Investor Presentation which can be downloaded from the HLM homepage at www.houstonlakemining.com. The mineralized system remains open to the northeast and at depth. The best intercept was drilled in Vein 1 by hole DP-2007-42 where it intersected 7.5m of 29.9g/t gold.
Due Diligence
All samples reported were shipped to Accurassay Laboratories, an ISO accredited facility, of Thunder Bay, Ontario. Samples were analyzed by fire assay utilizing 30-50 gram charges. All samples were assayed with an AA finish and those samples assaying above 3 g/mt gold are retested utilizing a gravimetric finish.
This news release was reviewed by Bryan McKay, P. Geo., who is a Qualified Person under the guidelines of the National Instrument 43-101.
About Houston Lake Mining Inc.
Houston Lake is an advanced, vertically integrated resource exploration company. The Company is actively exploring for gold, platinum group metal and rare metal deposits in Northwestern Ontario with a strategic focus on the West Cedartree Gold Project. Houston Lake's objective is to become a gold producer by surface mining its West Cedartree gold project and developing its 100% owned and optioned properties. The Company has a total of 49,532,637 common shares issued and outstanding. For additional information, please visit us at www.houstonlakemining.com.
Company Contacts
Houston Lake Mining Inc.
Trevor R. Walker, MBA President
Tel: 705.897.7622
Fax: 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 www.sedar.com.
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Source: Houston Lake Mining Inc. (TSX-V: HLM) (Pink Sheets: HLKMF) http://www.houstonlakemining.com
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