Houston Lake Mining Completes Phase III Drilling at Dubenski Property

Houston Lake Mining Completes Phase III Drilling at Dubenski Property

Houston Lake Mining Inc., an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to announce that a 18 hole, 2,000 metre (6,560 ft.) diamond drill program has been completed on the Company’s 100 percent optioned Dubenski Property located near Kenora, Ontario. A total of 150 drill core samples have thus far been shipped for fire assay analysis. Results are expected in 6 to 8 weeks.

“We had two goals with the Phase III drill program; first was to extend the strike length of the Dubenski Shaft Zone (DBS) and the second was to verify other historic zones along the Dubenski trend,” commented E. Grayme Anthony, President and Chief Executive Officer. “We succeeded on both fronts and extended the DBS for a total strike length of over 215 metres. Secondly, we intersected highly altered rocks similar to the DBS in the historic zones. Given our exceptional results to date it will be necessary to update the resource calculation and we expect to do so following the Phase III program.”

Drilling by Houston Lake last winter has defined the Shaft Zone for a strike length of 60 metres (197 feet) and to a depth of approximately 100 metres (328 feet). Phase II drilling has traced the gold mineralized rocks of the Shaft Zone for a total strike length of 170 metres (557 feet). Nine of 18 Phase III drill holes were planned to complete drill sections initiated in Phase II drilling and succeeded in extending the DBS to 215 metres (705 feet) along strike. The Phase III drill program also initiated investigation of the Central, East and Far East Zones. Over 365 metres (1,197 feet) of strike length of the Dubenski Mineralized Zone, a 1,700 metre (5,576 foot) long corridor of high IP chargeability, has now been tested.

Exploration work involving IP surveying along the Dubenski trend has been completed By Matrix GeoTechnologies of Toronto. The preliminary geophysical results (chargeability and resistivity) continue to illustrate the lateral continuity of the Dubenski gold mineralization. Geophysical responses also increase with depth suggesting a deep rooted source to the gold mineralization. Additional IP surveys are slated for March to further define the Angel Hill, McLennan and Dogpaw Vein No. 1 trends on the adjacent West Cedartree and Dogpaw Lake properties.

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