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Houston Lake Mining Continues To Intersect Significant Gold Values at West Cedartree
08:00 EDT Tuesday, July 08, 2008

FSC / Press Release

Houston Lake Mining Continues To Intersect Significant Gold Values at West Cedartree

Dogpaw Lake Drill Hole 64 Encounters 10.51 g/mt Gold over 4.6 Metres, New Drill Program Begins at Dogpaw Lake

Sudbury, Ontario CANADA, July 08, 2008 /FSC/ - Houston Lake MiningInc. (HLM - TSX Venture, HLKMF - OTCBB_Pink_Sheets), an advancedexploration company seeking gold, platinum group and rare metaldeposits in Ontario, is pleased to provide assay results from a portionof a recently completed 34 hole, 3,209 metre (10,526 foot) drillprogram on its Dogpaw Lake property, one of eight contiguous propertiesforming the Company's West Cedartree Gold Project near Kenora.

-***-

Table 1. Core Length Intercepts for 2008 Drill Holes, Dogpaw No. 1 Vein
------------------------------------...

Drill Hole      From     To  Intercept  Gold    Intercept    Gold
Number (m) (m) (m) (g/mt) (ft) (oz/st)
------ --- --- --- ------ ---- -------
DP-08-59 49.98 55.25 5.27 2.15 17.29 0.063
Incl. 49.98 51.35 1.37 5.57 4.49 0.162
Incl. 50.85 51.35 0.50 14.22 1.64 0.415
DP-08-60        53.10  58.40    5.30     1.22     17.38      0.036 
Incl. 53.10 55.00 1.90 2.60 6.23 0.062
Incl. 54.10 55.00 0.90 5.18 2.95 0.151
DP-08-61        89.00  96.60    7.60     0.69     24.93      0.020 
Incl. 90.25 91.85 1.60 1.88 5.25 0.055
Incl. 91.50 91.85 0.35 3.31 1.15 0.097
DP-08-62        71.30  78.50    7.20     3.78     23.62      0.110 
Incl. 71.30 75.25 3.95 6.76 12.96 0.197
Incl. 72.75 75.25 2.50 10.56 8.20 0.308
Incl. 74.50 74.90 0.40 53.48 1.31 1.560
DP-08-63       100.85 106.35    5.60     0.68     18.37      0.020 
Incl. 105.35 106.35 1.00 3.13 3.28 0.091
DP-08-64       110.65 125.00   14.35     3.78     47.07      0.110 
Incl. 115.00 125.00 10.00 4.95 32.80 0.144
Incl. 120.40 125.00 4.60 10.51 15.09 0.307
Incl. 120.40 120.75 0.35 32.68 1.15 0.953

-****-

The delineation drill program seeks to upgrade a portion of theDogpaw No. 1 Vein historic resource of 53,741 tonnes grading 15.43 g/mtgold (59,239 tons averaging 0.450 oz/st gold) to modern standards. Anew 2,000 metre (6,560 foot) delineation drill program commenced July 5and continues to expand the historic resource to depth and along anewly identified lateral extension (Dogpaw No. 2 Vein).

"Our rate of drill success at Dogpaw has been phenomenal," said E.Grayme Anthony, President and Chief Executive Officer. "Fully 20 of the23 holes drilled to date have encountered gold grades of 3 grams pertonne or higher. With results from more than 20 drill holes yet to bereported and new drilling now under way, we can look forward to anactive summer of news from the project."

Drill holes DP-08-59 to DP-08-64 form part of the systematic testingof the vicinity of the Dogpaw No. 1 Vein historic resource. Thereported drilling tests the vein from a minimum depth of approximately35.50 metres (116.44 feet) in DP-08-59 to the maximum depth of about93.70 metres (307.34 feet) in DP-08-64. (Tables 1 and 2). All six drillholes intersected the strongly altered and silicified meta-gabbroicrocks that typify Dogpaw Vein No. 1. The 142 drill core samplesreturned assay results that varied from trace to 53.48 g/mt (1.560oz/st) gold. DP-08-64 was the deepest reported drill hole andintersected 3.78 g/mt gold over a core length of 14.35 metres (0.110oz/st gold over 47.07 feet), including 10.51 g/mt gold over 4.60 metres(0.307 oz/st gold over 15.09 feet). Further drill results are expectedin the next few weeks.

-***-

Table 2. Preliminary Collar Locations for 2008 Drill Holes, Dogpaw No. 1 Vein

                              Collar    Collar
Drill Hole Dip Azimuth
Number Northing Easting (degrees) (degrees) Drill Hole Length
------ -------- ------- --------- --------- -----------------
DP-08-59   5,464,855 436,398  -45.3     157.0     71.00m  232.94ft
DP-08-60 5,464,899 436,410 -54.5 152.2 75.00m 246.06ft
DP-08-61 5,464,928 436,394 -55.8 148.8 131.00m 429.79ft
DP-08-62 5,464,938 436,417 -49.2 151.7 110.00m 360.89ft
DP-08-63 5,464,938 436,417 -67.2 143.6 122.00m 400.26ft
DP-08-64 5,464,969 436,403 -58.4 157.2 131.00m 429.79ft

-****-

The six drill holes were drilled at 45 to 67 degrees to interceptthe 70 degree dipping Dogpaw No. 1 Vein. True widths are estimated tobe 90.6% of 45 degree, 81.9% of 55 degree and 70.7% of 65 degree collardips.

Stripping and channel sampling of the Dogpaw No. 4 Vein is currentlyunder way. The No. 4 Vein is thought to be the northeastern lateralcontinuation of the No. 1 Vein historic resource. Other vein systemshave been located on the property and are targeted for furtherevaluation. Geologic mapping is currently in progress and is planned tocover the Dogpaw Lake property as well as the Angel Hill and McLennangold trends.

The Company is awaiting an NI 43-101 report on the Dubenski propertyfrom consulting geologists Watts Griffis McOuat of Toronto. This reportseeks to upgrade the Shaft Zone historic resource, the site of recentdrilling, to modern standards and will recommend targets for the nextphase of exploration. The Dubenski property is currently beinggeologically mapped and geophysical targets are being ground-proofed inpreparation for drilling.

Due Diligence

All samples reported were shipped to TSL Laboratories, an ISOaccredited facility, of Saskatoon, Saskatchewan. Samples taken from thecore of the mineralized zone were analyzed utilizing a screen metallicassay method. This methodology provides a higher level of assurance bytesting a large quantity of sample (1,000g) and by monitoring the sizedistribution of the gold. Samples taken from the shoulders of themineralized zone were analyzed by fire assay utilizing a 50 gramcharge. All samples were assayed with an AA finish and those samplesassaying above 3 g/mt gold were retested utilizing a gravimetricfinish. The samples will also be re-checked at a second qualifiedlaboratory in keeping with the Company's standard due diligenceprocedures.

The tonnages, grades, assays and other technical data are taken fromhistorical records prior to the implementation of NI 43-101. While thedata are believed to have been acquired, processed and disclosed bypersons believed to be technically competent, it is unverifiable atpresent.

A qualified person as defined under NI 43-101 has not donesufficient work to classify the historical estimate as current mineralresources or mineral reserves. Houston Lake is not treating thehistorical estimates as current mineral resources or mineral reservesas defined in NI 43-101 and the historical estimate should not berelied upon.

Dean Cutting, P. Geo., an independent consulting geologist, is theQualified Person under the guidelines of NI 43-101 for the technicalaspects of this news release.

About Houston Lake Mining Inc.

Houston Lake is an advanced, vertically integrated resourceexploration company. The Company is actively exploring for gold,platinum group metal and rare metal deposits in northwestern Ontariowith a strategic focus on the West Cedartree gold project. HoustonLake's objective is to become a gold producer by surface mining itsWest Cedartree gold project and developing its 100% owned and optionedproperties. The Company has a total of 29,435,246 common shares issuedand outstanding. For additional information, please visit us atwww.houstonlakemining.com.

Forward-looking Statements

The TSX Venture Exchange has not reviewed and does not acceptresponsibility for the adequacy or accuracy of this release. Thisrelease includes certain statements that may be deemed "forward-lookingstatements". All statements in this release, other than statements ofhistorical facts, that address future production, reserve potential,exploration drilling, exploitation activities and events ordevelopments that the Company expects are forward-looking statements.Although the Company believes the expectations expressed in suchforward-looking statements are based on reasonable assumptions, suchstatements are not guarantees of future performance and actual resultsor developments may differ materially from those in the forward-lookingstatements. Factors that could cause actual results to differmaterially from those in forward looking statements include marketprices, exploitation and exploration successes, continued availabilityof capital and financing, and general economic, market or businessconditions. Investors are cautioned that any such statements are notguarantees of future performance and those actual results ordevelopments may differ materially from those projected in theforward-looking statements. For more information on the Company,Investors should review the Company's registered filings what areavailable 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.
Tel: 877-369-5469

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

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