FSC / Press Release

IP Survey Identifies Targets at Depth Below Shaft Zone on Houston Lake Mining's Dubenski Property

Chargeability Anomaly Traced For Over 1,200 Metres:
30 High Priority Targets Recommended for Follow Up Exploration

Sudbury, Ontario CANADA, June 05, 2008 /FSC/ - Houston Lake Mining Inc. (HLM - TSX Venture, HLKMF - OTCBB_Pink_Sheets), FSC / Press Release

IP Survey Identifies Targets at Depth Below Shaft Zone on Houston Lake Mining's Dubenski Property

Chargeability Anomaly Traced For Over 1,200 Metres:
30 High Priority Targets Recommended for Follow Up Exploration

Sudbury, Ontario CANADA, June 05, 2008 /FSC/ - Houston Lake Mining Inc. (HLM - TSX Venture, HLKMF - OTCBB_Pink_Sheets), is pleased to report an IP geophysical survey has identified a strong conductive anomaly and 30 high priority targets for further investigation on the company's 100% optioned Dubenski gold property near Kenora, Ontario.

The survey was conducted in February and March of 2008 by Matrix GeoTechnologies Ltd. of Toronto. It identified a strong conductive anomaly that is continuous for over 1,200 metres (3,936 ft.) and coincides with the Shaft, Central and East Zones of Dubenski.

The chargeability responses associated with the resistivity anomaly at Dubenski appear to strengthen with depth and may indicate the possible down plunge extension of the Shaft Zone mineralization on the property.

Dubenski is one of eight properties that together form Houston Lake's West Cedartree Gold Project. The IP survey was conducted in association with a drill program on Dubenski, and a resource calculation on the Shaft Zone is being undertaken by consultants Watts Griffis and McOuat.

"While IP responses are not a proxy for gold values, the IP geophysical method has proven to be an effective exploration tool elsewhere on the West Cedartree project," said Grayme Anthony, President and CEO. "We look forward to testing the depth extension of the Dubenski Shaft Zone once the resource calculation has been completed."

The Shaft Zone is the site of a recently completed 17 hole, 1,798.6 metre (5,899.4 foot) delineation drill program. Core length intersections of up to 33.0 metres grading 12.11 g/mt gold (108.24 feet grading 0.353 oz/st gold) attest to the veracity of the gold zone. The drill program aimed to upgrade to modern standards a portion of the Dubenski Shaft Zone historic resource. The completion of the resource estimate is an important step toward Houston Lake's goal of justifying an onsite mill.

The IP survey was designed to test the lateral and depth geophysical continuities in the vicinity of the Shaft Zone. The survey was composed of two parts: a 22.45 km (13.47 mile) reconnaissance Gradient Array and a 5.525 km (3.43 mile) Pole-Dipole array:

1. The Gradient Array results were characterized by a broad range of bulk chargeability, ranging from weak to very strong. Total chargeability anomalies are somewhat thin, subvertical and commence at relatively shallow depths.

Several IP lineaments showed very good line to line correlation. The best IP anomaly was characterized by chargeability values in excess of 8.4 mV/V to a maximum of 22.4 mV/V. This anomaly was traced through the central portions of the property for over 1,200 metres. It coincides with the three major gold zones on the property and remains open to the west.

2. The Pole-Dipole (PDP) Array followed up upon the reconnaissance Gradient Array to detail specific localities of the Dubenski grid. Nine Quantitative SectionsTM were constructed, which illustrate the changes in chargeability and resistivity in profile: L18+00E, L19+00E, L22+50E (Dubenski Shaft Zone), L23+00E (Dubenski Shaft Zone), L23+50E, L24+00E, L25+00E, L26+00E, and L27+00E.

The Quantitative SectionsTM show that the geology is mostly subvertical, intrusive-type of resistivity that extends at great depths, very often closely associated with chargeability signatures that usually appear to strengthen at depth.

Matrix identifies at least 30 high priority targets for further investigation. They were selected on the basis of chargeability strength, resistivity association and characteristics of geometry, source depth and vertical/horizontal extent. These are interpreted to represent zones of potential increased sulphides.

Matrix strongly recommends expansion of the IP coverage as some anomalous zones are still open to the south, east and west. Matrix also recommends a magnetic survey to identify the nature of low resistivity IP features and define the near surface structures.

The Dubenski property forms part of the Company's 100% owned and optioned 1,674 hectare (4,135 acre) West Cedartree Project, located near Kenora, Ontario. The project area encompasses four mineralized zones, of which three host gold resources at Angel Hill (NI 43-101 compliant), Dogpaw Lake No. 1 Vein (historic) and Dubenski Shaft (historic).

Drilling of the Dogpaw Lake portion was completed on May 25, 2008. Results are pending from the first 275 drill core samples shipped from the 34 hole, 3,209 metre (10,525.52 ft.) drill program targeting the vicinity of the Dogpaw Vein No. 1 historic resource.

A summer program of geological mapping and trenching and stripping has begun at West Cedartree. Geological mapping has commenced and targets gabbro that is host to the Angel Hill, Dogpaw Vein No. 1 and McLennan zones. Trenching, stripping and channel sampling have begun to further expand the stripping work carried out last fall.

Houston Lake is currently raising funds to continue its aggressive exploration programs. These activities aim to define and expand the vein systems at Dogpaw and test the down plunge extension of the Dubenski Shaft Zone.

Genc Kallfa, P. Geo., of Matrix GeoTechnologies Ltd. is the Qualified Person for the geophysical survey under the guidelines of NI 43-101 and has reviewed this news release in its entirety.

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 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 28,895,746 common shares issued and outstanding. For additional information, please visit us at www.houstonlakemining.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: 416-303-6460

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.

Source: Houston Lake Mining Inc. (TSX-V: HLM) (Pink Sheets: HLKMF) http://www.houstonlakemining.com
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Source: Houston Lake Mining Inc. (TSX-V: HLM) (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