SOURCE: Houston Lake Mining Inc.

March 29, 2007 12:04 ET

Houston Lake Completes Delineation Drill Program on the West Cedartree Gold Project

SUDBURY, ON -- (MARKET WIRE) -- March 29, 2007 -- Houston Lake Mining Inc. (TSX-V: HLM) (the "Company") is pleased to announce that a 17 hole, 2561m (8400ft) delineation drilling program has just been completed on the Company's 100% owned and optioned 1310 hectare (3236 acre) West Cedartree Gold Project located near Sioux Narrows, Ontario. A second shipment of fifty-three core samples from drill holes 6-10 was sent yesterday to TSL Laboratories of Saskatoon, Saskatchewan for fire assay. Results are expected back in two to three weeks time and will be announced as soon as received.

A 2561m (8400ft) delineation drilling program commenced on February 15, 2007 and targeted the historic gold resource of the Dogpaw No. 1 Vein. Where previous drilling had intercepted core lengths of up to 36.44g/mt Au over 8.00m (1.063 oz/st over 26.24ft). The highly altered rock of the vein system was successfully intersected to a depth of approximately 200m (656ft) and remains open to depth and along strike.

Approximately 20 line-km of the IP geophysical survey has been completed thus far. The survey targets sulfide-bearing rocks associated with the gold mineralization on the Dogpaw Option. The survey is expected to be finished shortly.

A final draft of the mining permit application for the Angel Hill Gold Zone is being prepared and the application will be reviewed by Wardrop Engineering Inc. prior to submission. The permit will enable Houston Lake to take advantage of any profitable third party milling opportunities and complete a recommended 10,000 tonne bulk sample.

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

About Houston Lake Mining Inc.

Houston Lake's objective in the short term is to become a gold producer by surface mining our West Cedartree gold project and apply the profits towards the development of our 100% owned and optioned northwestern Ontario properties. The Company has a total of 24,144,156 common shares issued and outstanding. For additional information, we invite you to visit us at www.houstonlakemining.com.

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 www.sedar.com.

Contact Information

  • Company Contacts:

    A. Schwab & Associates
    Investor Relations
    1-800-537-4099 (toll-free)
    Email Contact

    E. Grayme Anthony B.Sc., P. Geo., FGAC, MBA
    President & CEO
    Tel: (705) 897-7622
    Fax: (705) 897-7618
    Email Contact