SOURCE: Houston Lake Mining Inc.

December 18, 2007 08:00 ET

Houston Lake Continues to Intersect Significant Gold Values in Channel Samples at West Cedartree

New No. 2 Vein Channel Samples Assay 12.32 g/mt Gold Over 4.2 Metres

No. 2 Vein Samples Average 5.00 g/mt Gold Over 2.93 Metre Width for 72 Metres

SUDBURY, ON--(Marketwire - December 18, 2007) - Houston Lake Mining Inc. (TSX-V: HLM) (PINKSHEETS: HLKMF), an advanced exploration company seeking gold, platinum group metals and rare metals in Ontario, is pleased to announce completed assay results from the fall 2007 surface stripping program at the Dogpaw Lake Property ("DP").

Channel sampling targeted both the No. 2 and No. 4 Veins on the DP. Each channel was cut perpendicular to inferred geologic strike and was extended into the wall rock hosting the mineralization. Results are summarized from the 32 channel cuts conducted over a 72 metre long exposure of the No. 2 Vein and from the 5 initial channel cuts covering 32 metres of a 63 metre long exposure of the No. 4 Vein (see Table 1).


Table 1. Average Grades and Widths of Channel Samples From No. 2 &
No. 4 Veins

             Average   Weighted    Average    Weighted    Total Strike
            Width in    Average   Width in     Average       Length
              Metres   (g/mt Au)    Feet    (oz/st Au)      Sampled
              ------   ---------    ----    -----------     -------
No. 2 Vein    2.93 m.     5.00     9.46 ft.    0.146    72 m.(236.16 ft.)
    Incl.:    1.86 m.     7.32     6.11 ft.    0.213
No. 4 Vein    2.80 m.     3.58     9.18 ft.    0.104    32 m.(104.96 ft.)
    Incl.:    1.88 m.     5.00     6.17 ft.    0.146


"We are very pleased with the significant gold assay results from samples collected from No. 2 and No. 4 Veins," said E. Grayme Anthony, P. Geo., President and Chief Executive Officer. "Given the attractive grades and widths encountered, the winter drill program will certainly have to be expanded to include these newly exposed vein systems."

The DP forms part of the Company's 100% owned and optioned 1,674 hectare (4,135 acre) West Cedartree Gold Project near Kenora, Ontario. The project area encompasses three zones hosting gold resources at Angel Hill (NI 43-101 compliant), Dogpaw Lake No. 1 Vein (historic) and Dubenski Shaft (historic). Drilling is slated to begin in early January and is aimed at upgrading the historic resources at Dubenski and Dogpaw Lake.


Table 2. Summary of Fall 2007 Channel Sample Results from No. 2 Vein

                       Width in      Gold     Width in     Gold
Channel Cut Location    Metres      (g/mt)      Feet      (oz/st)
--------------------    ------      ------      ----      -------
1.4 m. SW               3.35 m.     13.71     10.99 ft.    0.400
          Incl.         0.90 m.     39.82      2.95 ft.    1.161
5.7 m. SW               2.55 m.      3.74      8.36 ft.    0.109
          Incl.         0.90 m.      5.47      2.95 ft.    0.160

9.7 m. SW               4.50 m.      4.54     14.76 ft.    0.132
          Incl.         0.90 m.      8.90      2.95 ft.    0.260

15.0 m. SW              3.55 m.      7.63     11.64 ft.    0.222
          Incl.         1.85 m.     11.67      6.07 ft.    0.340

17.7 m. to 24.0 m.      Feldspar Porphyry Dike

25.0 m. SW              4.55 m.      3.09     14.92 ft.    0.090
          Incl.         0.80 m.      7.14      2.62 ft.    0.208
30.6 m. SW              4.20 m.     12.32     13.78 ft.    0.359
          Incl.         2.10 m.     24.39      6.89 ft.    0.712

35.7 m. SW              3.70 m.      6.57     12.14 ft.    0.192
          Incl.         2.30 m.     10.55      7.54 ft.    0.308
          Incl.         0.40 m.     42.02      1.31 ft.    1.371

39.7 m. SW              3.30 m.      3.72     10.82 ft.    0.108
          Incl.         1.20 m.      5.31      3.94 ft.    0.155

45.9 m. SW              0.70 m.      2.75      2.30 ft.    0.080

50.0 m. SW              2.65 m.      7.93      8.69 ft.    0.231
          Incl.         0.35 m.     48.46      1.15 ft.    1.413

54.5 m. SW              1.80 m.       4.68     5.90 ft.    0.136
          Incl.         0.35 m.      14.44     1.15 ft.    0.421

59.0 m. SW              2.45 m.       4.48     8.04 ft.    0.131
          Incl.         1.05 m.       7.65     3.44 ft.    0.223

64.0 m. SW              1.05 m.       3.06     3.44 ft.    0.089
          Incl.         0.60 m.       5.34     1.97 ft.    0.156

68.0 m. SW              0.70 m.       2.23     2.30 ft.    0.065
          Also          0.30 m.       2.74     0.98 ft.    0.080


The 244 channel sample assays returned results ranging from below the detection limit to 48.46 g/mt Au (1.413 oz/st Au). Channel cuts intercepted 12.32 g/mt Au over 4.20 metres (0.359 oz/st Au over 13.78 feet) including 24.39 g/mt Au over 2.10 metres (0.712 oz/st Au over 6.89 feet) in Channel Cut #6. Channel sample intersections are summarized for five metre intervals in Table 2. The gold mineralization was traced across the No. 2 Vein exposure and appears to be tapering out to the southwest.

Technical crews are on the property continuing the program of re-examination and re-assaying of the historic core of the Dogpaw No. 1 Vein and preparing for an early January start up of the winter drilling campaign. Results from the audits of the drill programs are expected to be announced in January. Houston Lake has signed a drill contract of 5,000 metres (16,400 feet). The drilling will initially target the historic resources at the Dubenski Shaft Zone and Dogpaw No. 1 Vein.

Due Diligence

The 244 channel samples (206 samples from Vein No. 2 and 38 from Vein No. 4) were shipped to TSL Laboratories of Saskatoon, Saskatchewan. Those samples derived from the central portions of the mineralization were tested by metallic screen analysis and the rest were analyzed by fire assay utilizing a 50 gram charge. All fire assay samples were completed with an AA finish. Those samples assaying above 3 g/mt Au were retested utilizing a gravimetric finish.

The presence of a nugget effect was suggested by analysis of results from the first batch of 57 verification samples taken from the Dogpaw Lake property last spring. As a precaution, 55 of the 206 channel samples from Vein No. 2 and 16 of the 38 channel samples from Vein No. 4 were analyzed utilizing a screen metallic assay method. This methodology provides a higher level of assurance by testing a large quantity of sample (1,000 grams) and by monitoring the size distribution of the gold. A nugget effect was detected and monitored in some of the channel samples. Samples will also be re-checked at a second qualified laboratory in keeping with the Company's standard due diligence procedures.

Independent Consultant Dean R. Cutting, P. Geo., is the Qualified Person for the project under the guidelines of NI 43-101 and has reviewed this news release in its entirety.

About Houston Lake Mining Inc.

Houston Lake is an advanced exploration, vertically integrated resource company. The Company is actively exploring for gold, platinum group metals and rare metals in northwestern Ontario with a strategic focus on the West Cedartree gold project. Houston Lake's objective in the short term 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 26,910,118 common shares issued and outstanding. For additional information, please visit us at

The TSX Venture Exchange has not reviewed and does not accept 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

Contact Information

  • Company Contacts

    Company Contacts
    Houston Lake Mining Inc.
    E. Grayme Anthony P. Geo., MBA
    President and CEO
    Tel: 705-897-7622
    Fax: 705-897-7618
    Email Contact

    Barnes McInerney
    Colin Languedoc
    Senior Account Executive
    Tel: 416-367-5000 ext. 225
    Fax: 416-367-5390
    Email Contact