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In January of 1999, the Ontario Geological Survey (OGS) published an article on a new discovery with potential for economic tantalum, cesium, rubidium and lithium mineralization at Pakeagama Lake, located about 170km north of Red Lake in northwestern Ontario as can be seen in Figure I below.

Figure I: HLM's Exploration Projects
In late March of 1999, Houston entered into an option agreement to earn a 100% interest in the property. The area in the vicinity of Pakeagama Lake was mapped by Dr. Denver Stone of the OGS in the early 1990’s. He identified a series of fertile granites and took a number of samples from the Pakeagama Lake pegmatite which contained highly anomalous lithium, tantalum and cesium values. Based on this initial field work, Dr. Fred Breaks of the OGS conducted three weeks of detailed mapping and sampling in 1998. Dr. Breaks identified a strongly zoned, complex petalite subtype pegmatite. The combination of size, accessibility and the presence of both geochemical indicators and rare metal ore minerals, provide the project with high potential for economic rare metal mineralization.
Houston spent $8,593 on the Pakeagama Lake Rare Metals Project in Fiscal 2011.
In January 2011, Houston entered into an agreement with two private individuals to acquire 3 mining claims (each 16 unit claims) collectively called the Pakeagama South-East Property. The property optioned covers the strong potential of a south to east extension of the Pakeagama rare metal pegmatite.
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