Phase IV Diamond Drill Program commences on the PAK Lithium project in Ontario
Sudbury, Ontario – September 15, 2015 – Houston Lake Mining Inc., (TSX.V: HLM).HLM is pleased to announce the commencement of diamond drilling on the PAK Lithium Project, located in the Red Lake area of Ontario. The Phase IV diamond drill program is a follow-up to the Canadian National Instrument (N.I.) 43-101 Mineral Resource Estimate news release that was disseminated January 28th, 2015 and a recently completed Phase III Diamond Drill Program. The Phase IV Drill Program (“the Program”) is designed to test the hypothesis that the deposit is plunging to the south-east.
The drill program is to consist of approximately 600 metres in two holes targeting the Pakeagama Lake pegmatite. The objectives of the program are twofold. The first is to intersect the pegmatite at a predicted depth in order to substantiate the hypothesized southeasterly plunge of the deposit. This information would then be used for future drill hole targeting. The second objective is to extend the strike length of the deposit and use any qualifying additional tonnage in a future Resource Estimate update. The Program is currently underway and will be completed in the near future with results to be reported as they are received and interpreted. In addition to drilling, stripping and in-fill channel sampling of the Upper Intermediate Zone (UIZ) has recently been conducted along strike to the north-west of the 300 tonne bulk sample site (see March 23, 2015 news release) to better define the geometry and grade at surface. The objective of the channel sampling is to increase the confidence level of the high-grade lithium zone’s surficial exposure and to incorporate this data in a future Resource Estimate update.