HLM Commences Resource Estimate update for the PAK Lithium Project in Ontario, Canada
Sudbury, Ontario – December 17, 2015 – Houston Lake Mining Inc. (TSX.V: HLM), is pleased to report that as a result of two drilling programs on the PAK Lithium Project in 2015, the Company has commenced an updated National Instrument (“NI”) 43-101 compliant Mineral Resource estimate with WSP Canada Inc. (TSX: WSP), a Montreal-based firm. WSP is one of the largest engineering firms in Canada and has a mining division maintaining independent consulting geologists and engineers.
“We are pleased to be in a position to advance the PAK Lithium Project to another level of confidence with a reputable firm such as WSP. We anticipate that the updated Mineral Resource Estimate should be completed in January, 2016. Further to a potentially increased size and level of confidence on the estimate of the lithium, tantalum, and rubidium contained therein, this milestone will be essential for any possible preparation of first reserve estimates and for determining the economic viability of the deposit.” commented Trevor R. Walker, President of HLM.