March 1, 2013 (Source: heraldonline) Sudbury, ON — Houston Lake Mining Inc. (TSX.V: HLM), is a mining exploration company which is actively exploring for the rare metals lithium, cesium, tantalum, and rubidium by currently focusing on its 100% owned and optioned PAK Rare Metals Project in northwestern Ontario, Canada. HLM is pleased to announce the commencement of diamond drilling on the PAK Rare Metals Project, located near Red Lake, Ontario. This initial phase I of diamond drilling is follow-up to the 2012 PAK exploration program which included surface channel samples of the Pakeagama Lake pegmatite (see news releases dated January 10th and 29th, 2013). The drill program will focus on drill targets derived from the high grade mineralization encountered in various zones at surface.
The current drill program consists of 1,000 m in six holes. The objectives of the program are (1) to determine the orientation, thickness and zonation of the Pakeagama Lake pegmatite, and (2) to refine the mineralogical characterization of these zones by better establishing their lithium, tantalum, cesium and rubidium potential. The drilling will be completed before the end of this winter and results will be reported as they are received and interpreted.
The Pakeagama Lake pegmatite currently has a strike length of over 200m with a width up to 150m at surface with mineralization that is open in all directions. In September 2012, Peter J. Vanstone, P.Geo. the qualified person for the project, conducted a 91 sample channel sampling program on the exposed Pakeagama Lake pegmatite in order to confirm historical results and to add additional channel samples while further sampling by distinct geologic zones. The results of the program have so far identified high grade lithium up to 4.74% Li2O over 15 meters in three distinct pegmatite zones, and high grade tantalum up to 192ppm Ta2O5 over 14 meters in one of these zones.
HLM is a mining exploration company that is actively exploring for the rare metals lithium, cesium, tantalum, and rubidium and is currently focusing on its 100% owned and optioned Pak Lithium Project in northwestern Ontario, Canada. HLM has a total of 63,019,056 common shares issued and outstanding.
Forward-looking Statements
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