Houston Lake Mining Inc. (HLM-TSX.V)
_________________________________________________________________________________________________________
For Immediate Release
Bulk
Sampling Progresses on Houston Lake’s
Angel Hill Gold Zone
March 2, 2006:
Sudbury, Ontario - Houston Lake
Mining Inc. (TSX.V: HLM,
the "Company") is pleased to
report that bulk sampling is proceeding
on the Company’s 100% owned West
Cedartree Gold Project which is located
near Sioux Narrows, Ontario. A 1000 tonne
bulk sample is currently being blasted
from the Angel Hill Gold Zone. Trucking
of the sample to a third party mill is
expected to be completed next few weeks.
A 1000m (3280ft.) diamond drill program
is scheduled for mid to late March and
aims to further delineate the depth and
strike extents of the Angel Hill gold mineralization.
As disclosed in the press release of October
20, 2005 the Angel Hill Gold Zone (“AHGZ”)
has an estimated inferred mineral resource
of 106,400 tonnes grading 2.97 g/mt Au
at a cutoff of 2 g/mt (117,286 short tons
grading 0.087 oz/st Au at a cutoff of 0.058
oz/st) or 49,700 tonnes grading 4.77 g/mt
Au at a cutoff of 4 g/mt (54,785 short
tons grading 0.139 oz/st Au at a cutoff
of 0.117 oz/st). Average recoveries of
93.4% have been indicated in preliminary
bench tests. The AHGZ has a strike of N20ºE
and dips to the east at about 70 degrees.
The gold mineralization remains open to
depth and along strike to the south.
The
bulk sampling program forms part of the
recommendations outlined in a recently
published NI 43-101 report on the AHGZ.
The 1000 tonne bulk sample is designed
to test a portion of the AHGZ and is not
intended to be representative of the entire
inferred gold resource. A systematic pattern
of vertical percussion drill holes has
defined a higher grade core of gold mineralization..
This higher grade core is the focus of
the bulk sampling program and yielded a
range of assay values from 0.054 g/mt Au
over 1.52m to 85.9 g/mt Au over 1.52m (2.205
oz/t Au over 5ft.) with a weighted average
of 9.666 g/mt Au (0.282 oz/st Au). The
actual grade of the processed bulk sample
may be somewhat lower than this weighted
average due to the effects of dilution
and other factors.
Independent Consulting
Geologist Dean R. Cutting, P.Geo., is the
Qualified Person under the guidelines of
National Instrument 43-101 and has reviewed
this press release in its entirety.
About
Houston Lake Mining Inc.
Houston Lake
Mining Inc. is an exploration company listed
on The TSX Venture Exchange under the symbol
HLM. Houston Lake is actively exploring
for Gold, Platinum Group Metals and Rare
Metals with a strategic focus on northwestern
Ontario. The Company has a total of 19,836,675
common shares issued and outstanding. For additional
information, we invite you to visit us at www.houstonlakemining.com.
Company
Contacts:
The TSX Venture Exchange has neither approved nor disapproved of the
information contained herein.