Houston Lake Mining Inc. (HLM-TSX.V)
_________________________________________________________________________________________________________
For Immediate Release
Houston Lake Mining Grants Options
March
3, 2006: Sudbury, Ontario - Houston
Lake Mining Inc. (TSX.V: HLM,
the "Company") is pleased
to award 200,000 stock options to directors
and employees at a price of $0.32 with
an expiration date of March 3, 2011.
The option price represents a 17.9%
discount to the yesterday’s close
of $0.39 and has a hold period of 4
months. The award is subject to regulatory
approval.
The Company reports that the first
shipment of the 1000 tonne bulk sample
was delivered to the mill yesterday.
The trucking of the bulk sample is
expected to be completed in the next
two weeks.
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.
To
hear more about HLM.V from President and CEO
Grayme Anthony click
the following link for an audio clip MacReport.
Company
Contacts:
The TSX Venture Exchange has neither approved nor disapproved of the
information contained herein.