Results Suggest Potential for High Tonnage, Low Grade Deposit

19 of 22 Phase II Drill Holes Return Grades of 3.50 g/mt Gold or Higher

Sudbury, Ontario – March 10, 2009 – Houston Lake Mining Inc. (TSX.V: HLM), an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to announce that results of the final eight holes of the Phase II 22 hole, 2,232m (7,321 ft.) diamond drill program have now been received (see Tables 1 and 2). The diamond drill program targeted the vicinity of the Dubenski Shaft Zone which was the site of a recent NI 43-101-compliant resource estimate (see Table 3).

"We are very encouraged by the Phase II drill results which continue to improve upon those previously reported from the historic Dubenski property," commented E. Grayme Anthony, President and Chief Executive Officer. “The Phase II program returned significant gold grades in 19 of 22 drill holes targeting the vicinity of the Shaft Zone gold resource. Furthermore, these results occur at shallow depths within a wide zone of gold mineralization. This may suggest there is potential for defining a low grade, high tonnage gold mineralization at Dubenski similar to the Rainy River deposit also located in the Kenora Region.”

“This drill program succeeded in extending the strike length of the gold system hosting the resource by a factor of 260% to 170 metres and has the potential to positively impact the resource calculation. We are carrying out an aggressive 2009 exploration program that consists of more drilling and geophysics on the West Cedartree property. Our goal is to justify an on-site mill and move into production as soon as is feasible,” he continued.

Table 1. 2008 Core Length Drill Hole Intercepts, Dubenski Shaft Zone Extension

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). Holes DB-08-20 to 25 form a drill section located 15 metres east; holes DB-08-26 to 28 form a second drill section located 30 metres east, holes DB-08-29 to 33 form part of the third drill section located 45 metres east and holes DB-08-34 to 35 form additional drill sections respectively located 60 and 70 metres further east of the gold resource. Holes DB-08-36 to 37 occur 30 metres west and holes DB-08-38 to 39 occur 45 metres west of the gold resource.

Table 2. Collar Locations for 2008 Drill Holes, Dubenski Property.

The drill holes were drilled at 45° and the results are reported as core lengths. True widths are assumed to be 70.7 percent of the reported core lengths.

Nineteen of the 22 holes encountered significant gold grades of 3.50 g/mt gold or higher. Drill hole DB-08-20 was one of the better holes and intersected a core length grading 18.17 g/mt Au over 1.70 metres (0.530 oz/t Au over 5.58 feet). Drill hole DB-08-33 intersected a core length grading 4.12 g/mt Au over 6.65 metres (0.120 oz/t Au over 21.81 feet).

Exploration work involving IP surveying along the Dubenski trend has been completed and results are expected in time to guide a 2,000 m (6,560 ft.) drill program which is planned to begin in March. 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.

About the Dubenski Property

The Dubenski property is one of eight contiguous properties comprising the Company’s 100% owned and optioned 1,674 hectare (4,135 acre) West Cedartree Gold Project located 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 (NI 43-101 compliant).

The Dubenski property contains an historic resource which was reported to extend to a depth of 150m (492 ft.) and includes the Shaft, Central and East Zones. Consulting geologists Watts Griffis and McOuat (WGM) of Toronto were contracted to carry out a technical review of the Dubenski Property and design and supervise a definition drilling program in order to prepare a NI 43-101 compliant Mineral Resource estimate for the Dubenski Shaft Zone portion of the historic gold resource (see Company Press Release dated January 16, 2009). The categorized Mineral Resources at a 1.0 g Au/t cutoff are:

Table 3. Summary of Shaft Zone Mineral Resource Estimate (Cutoff of 1.0 g Au/t)

The NI 43-101 report is now available at www.sedar.com and at the Company’s website at www.houstonlakemining.com .

Due Diligence

All samples reported were shipped to TSL Laboratories, an ISO accredited facility, of Saskatoon, Saskatchewan.  Samples were analyzed by fire assay utilizing a 50 gram charge.  All samples were assayed with an AA finish and those samples assaying above 3 g/mt gold were retested utilizing a gravimetric finish.  The samples will also be re-checked at a second qualified laboratory in keeping with the Company’s standard due diligence procedures.

Bryan McKay, P. Geo., Independent Consulting Geologist and E. Grayme Anthony, P. Geo., President of the Company, are the Qualified Persons under the guidelines of NI 43-101 for the technical aspects of this news release.

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 33,716,213 common shares issued and outstanding.  For additional information, please visit us at www.houstonlakemining.com.

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Forward-looking Statements

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.

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