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Message: Houston Lake Mining Intersects 33 Metres Grading 12.11g/t Au at West Cedartree G
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Mar 31, 2008 07:15AM

Mar 31, 2008 12:44PM

Houston Lake Mining Intersects 33 Metres Grading 12.11g/t Au at West Cedartree Gold Project

Second Drill Hole Encounters 12.95 g/mt Gold Over 27 Metres

Sudbury, Ontario CANADA, April 03, 2008 /FSC/ - Houston Lake Mining Inc. (HLM - TSX Venture, HLKMF - OTCBB_Pink_Sheets), an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to provide assay results from four more drill holes of a recently completed 17 hole, 1,798.6 metre (5,899.4 foot) delineation drill program on the Dubenski property of the Company's West Cedartree Gold Project near Kenora.

The program seeks to upgrade a portion of the Dubenski Shaft Zone historic resource of 355,286 tonnes grading 6.32 g/mt gold (322,310 tons averaging 0.184 oz/st gold) to modern standards.

-***-

Table 1. Core Length Intercepts for Section 2 Drill Holes, Dubenski Shaft Zone

Drill Hole      From    To     Intercept    Gold    Intercept   Gold 
Number (m) (m) (m) (g/mt) (ft) (oz/st)
------ ---- --- --------- ------ --------- ------
DB-08-10A 20.00 38.00 18.00 3.46 59.04 0.102
(-45 degrees)
Incl. 25.00 36.00 11.00 5.37 36.08 0.157
Incl. 26.00 30.00 4.00 13.62 13.12 0.397
Incl. 27.00 28.00 1.00 44.14 3.28 1.287
DB-08-09 41.00 68.00 27.00 12.95 88.56 0.378
(-45 degrees)
Incl. 44.00 61.00 17.00 20.36 55.76 0.594
Incl. 50.00 58.00 8.00 40.99 26.24 1.196
Incl. 51.00 54.00 3.00 81.51 9.84 2.377
DB-08-08 66.90 93.40 26.50 3.04 86.92 0.089
(-45 degrees)
Incl. 71.00 87.00 16.00 4.75 52.48 0.139
Incl. 75.00 87.00 12.00 6.02 39.36 0.176
Incl. 80.00 87.00 7.00 7.86 22.96 0.229
Incl. 84.00 87.00 3.00 9.92 9.84 0.289
DB-08-07 102.00 135.00 33.00 12.11 108.24 0.353
(-45 degrees)
Incl. 107.00 129.00 22.00 17.64 72.16 0.514
Incl. 115.00 124.00 9.00 40.70 29.52 1.187
Incl. 116.00 122.00 6.00 57.22 19.68 1.669
Also 121.00 122.00 1.00 126.90 3.28 3.701

-****-

"These intersections are some of the best ever reported from the Dubenski property," said E. Grayme Anthony, President and Chief Executive Officer. "We are very encouraged by the results from our ongoing drill program at Dubenski and we look forward to releasing results from the remaining seven drill holes later this month."

Drill holes DB-08-10A, 09, 08 and 07 form the second of four drill sections and systematically test the Dubenski Shaft Zone to a maximum depth of 95 metres (310 feet). (Tables 1 and 2). All four drill holes intersected the strongly altered and silicified meta-volcanic rocks that typify the Shaft Zone. The 247 samples returned assay results that varied from trace to 126.90 g/mt (3.701 oz/st) gold. DB08-07 was the deepest drill hole of the section and intersected 12.11 g/mt gold over a core length of 33.00 metres (0.353 oz/st Au over 108.24 feet) including 40.70 g/mt gold over 9.0 metres (1.187 oz/st Au over 29.52 feet). Results from the remaining 355 samples are expected in the next few weeks.

-***-

Table 2. Collar Locations for Section 2 Drill Holes at the Dubenski Shaft Zone

                               Collar    Collar
Drill Hole Dip Azimuth Drill Hole
Number Northing Easting (degrees) (degrees) Azimuth Length
------ -------- ------- --------- --------- ------- ------
DB08-10A 5,464,253 438,414 -45 352.1 71.00m 232.88ft
DB08-09 5,464,234 438,393 -45 352 100.30m 328.98ft
DB08-08 5,464,212 438,394 -45 350 134.00m 439.52ft
DB08-07 5,464,185 438,396 -45 352 167.00m 547.76ft

-****-

The four drill holes were drilled at 45 degrees to intercept the historic gold resource as close to perpendicular as possible. True widths will be reported once the geometry of the gold zone has been determined.

Consulting geologists Watts Griffis and McOuat (WGM) of Toronto managed the drill program at Dubenski. The 17 hole, 1,798.6 metre (5,899.4 foot) drill program was completed in early March. The delineation program consists of four drill sections spaced approximately 15 metres apart and each section consists of four drill holes that systematically test a portion of the historic Shaft Zone gold resource to a depth of about 100 metres (328 feet).

A 23 line-km (13.8 line-mile) IP survey was conducted by Matrix GeoTechnologies of Toronto in February. The survey outlined a 1.7 km (1.0 mile) long, east-west trending chargeability anomaly that appears to coincide with the alteration corridor containing the East, Central and Shaft gold zones. Matrix completed the construction of eight to 10 quantitative sections with the aim of generating potential drill targets at depths of up to 400 metres (1,312 feet). Results will be reported as soon as they are received.

A 3,200 metre (10,496 foot) drill program commenced on the Dogpaw Lake property which adjoins the Dubenski property. The program aims to facilitate upgrading of the Dogpaw Lake Vein No. 1 Zone historical resource data to modern standards.

E. Grayme Anthony, P. Geo. of Houston Lake is the Qualified Person under the guidelines of NI 43-101 for the technical aspects of this news release.

Due Diligence

All samples reported have been analyzed by fire assay with a 50 gram charge at TSL Laboratories, an ISO accredited facility, of Saskatoon, Saskatchewan. All samples were assayed with an AA finish and those samples assaying above 3 g/mt Au were retested utilizing a gravimetric finish.

The tonnages, grades, assays and other technical data are taken from historical records prior to the implementation of NI 43-101. While the data are believed to have been acquired, processed and disclosed by persons believed to be technically competent, it is unverifiable at present.

A qualified person as defined under NI 43-101 has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. Houston Lake is not treating the historical estimates as current mineral resources or mineral reserves as defined in NI 43-101 and the historical estimate should not be relied upon.

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 in the short term 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 27,364,746 common shares issued and outstanding. For additional information, please visit us at www.houstonlakemining.com.

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.

Company Contacts:

Houston Lake Mining
E. Grayme Anthony, P.Geo., MBA
President and CEO
Tel: (705) 897-7622
Fax: (705) 897-7618
ganthony@vianet.on.ca

Linx Partners Ltd.
Wanda Cutler
Tel: 877-369-5469

Houston Lake Mining Inc.
2892 White Street
Val Caron, Ontario
Canada P3N 1B2

Source: Houston Lake Mining Inc. (TSX-V: HLM) (OTCBB Pink Sheets: HLKMF) http://www.houstonlakemining.com
Maximum News Dissemination by Filing Services Canada Inc.
Ph: (403) 717-3898 Fx: (403) 717-3896 www.usetdas.com

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