HOUSTON LAKE MINING INC.

(HLM-CDNX)

PRESS RELEASE

Termination of Investor Relations Agreement

January 26, 2000: Sudbury, Ontario - Houston Lake Mining Inc. ("Houston Lake") reports that the Company has terminated its investor relations agreement with Blackwell Investor Relations Corp. of Toronto as of January 24, 2000.

Houston Lake is actively exploring for high tech metals, platinum group metals and gold in northwestern Ontario. The common shares of Houston Lake Mining Inc. trade through the facilities of the Canadian Venture Exchange under the symbol HLM. Houston Lake Mining Inc. has a total of 11,363,266 common shares issued and outstanding. For further information on all of the Company’s projects, we invite you to visit us at www.houstonlakemining.com.

For more information, please contact:

E. Grayme Anthony

Tel: (705) 897-7622

Fax: (705) 897-7618

e-mail: houston@vianet.on.ca

Web Site: www.houstonlakemining.com

The Canadian Venture Exchange has neither approved nor disapproved of the information contained herein.