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Message: Houston drills 2.54 g/t gold over 4.9 m including 7.43g/t over 0.7 m near surfac
Extends McLennan Gold Zone to 450m of mineralized strike length
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Mar. 23, 2011 (Filing Services Canada) -- Houston Lake Mining Inc. (HLM - TSX Venture, HLKMF - OTCBB_Pink_Sheets), is pleased to announce the results from six holes of a 3,000 metre, 15 hole exploration diamond drill program on the Company's McLennan and West Cedartree properties in Northwestern Ontario. These holes are the first released from a multi-purpose program to confirm the gold mineralization and extend the strike length of the historical McLennan Gold Zone discovered in the 1940's. The program will also test the potential of the newly discovered Robertson Gold Zone on the West Cedartree Property.

The first six holes of the current diamond drill program have confirmed significant gold at the McLennan Gold Zone and have extended the mineralized zone to 450 m along strike. Historically, this mineralized zone was followed for 260 m but exploration was terminated due to the low gold prices at the time leaving the zone open to the north, south and depth. The table below provides a summary of significant gold intercepts for the recent drill holes from the McLennan Gold Zone.



Table of Significant Gold Intercepts, McLennan Gold Zone

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Hole Number From To Interval Au Interval Au
(m) (m) (m)* g/mt (ft) oz/st
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WC-11-45 35.10 38.50 4.90 2.543 16.08 0.074
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Including 35.10 37.40 2.30 5.104 7.55 0.149
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incl. 36.00 36.70 0.70 7.427 2.30 0.217
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WC-11-46 176.00 177.50 1.50 1.078 4.92 0.031
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WC-11-48 74.00 80.30 7.40 0.766 24.30 0.031
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incl. 74.00 79.20 5.20 0.941 17.06 0.022
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incl. 77.70 79.20 1.50 1.953 4.92 0.028
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WC11-49 73.00 74.40 1.40 0.920 4.59 0.057
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also 77.10 78.85 1.75 1.228 5.74 0.036
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incl. 77.10 77.60 0.50 2.992 1.64 0.087
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also 115.30 116.10 0.80 2.168 2.63 0.063
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incl. 115.50 116.10 0.60 2.789 1.97 0.018
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incl. 115.50 115.70 0.20 5.859 0.66 0.171
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WC11-50 54.20 55.00 0.80 7.143 2.63 0.208
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also 102.70 104.00 1.30 4.752 4.27 0.139
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WC11-51 98.70 99.90 1.20 0.357 3.94 0.010
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also 149.00 152.00 3.00 0.510 9.84 0.015
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incl. 149.00 150.90 1.90 0.754 6.23 0.022
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*Mineralized zones generally start at 0.1 g/t gold and assay averages may include minimal intervals of waste material. No top cuts of assays were used. All intervals are represented as down-hole core lengths. There is insufficient drill-hole density to estimate true widths.

The mineralization at the McLennan Gold Zone is hosted in an altered shear zone near the contact between mafic to intermediate volcanic rocks, quartz-feldspar porphyries and a large gabbro body that underlies parts of the West Cedartree Gold Project. Historical drilling has tested the zone for 260 m along strike and intersected 2.84 g/t gold over 4.6 m. Limited follow-up drilling by HLM between 2004 and 2008 also intersected significant gold including 4 g/t gold over 9.0 m. The mineralization is characterized by brecciation, intense silicification, and increased pyrite content.

The current results indicate that the McLennan Gold Zone extends for 450 m along strike. Surface work by HLM in 2010 resulted in the discovery of a 10.79 g/t gold grab sample. The surface sample was taken 2.5 km southwest of the McLennan Gold Zone in an unexplored area near the same mafic-gabbro contact as the McLennan Gold Zone. This is a very positive indicator that this sheared contact area is a favourable target for gold and there is an impressive 6.6 km of geology to explore on strike to the north and south of the present-day McLennan Gold Zone.

The shear zone that appears to be controlling the McLennan Gold Zone is possibly related to the Pipestone Lake-Cameron Lake Fault Zone, a major conduit for gold deposits in the region, and a specific target for Coventry Resources Limited's Cameron Gold Deposit which is in excess of one million ounces and is located approximately 12 km away.

"We are very pleased with the drill results from these six holes on the McLennan Gold Zone. We have confirmed the historical drilling and have further encountered several silicious zones with some being mineralized. The mineralization occurs near surface and has been delineated by drilling for a strike length of 450 m that is open in all directions. Our surface work in 2010 has expanded the potential exploration target to an impressive 6.6 km of strike length to follow-up. We are currently in planning stages to extend our grids and expand our geophysical coverage of our new target in the very near future," said Trevor R. Walker, President of Houston.

Drilling is currently in progress on the West Cedartree Gold Project, where further assays are pending from both the McLennan Gold Zone and the newly discovered Robertson Gold Zone.

Due Diligence

All samples reported were shipped to Accurassay Laboratories, an ISO accredited facility, of Thunder Bay, Ontario. Samples were analyzed by fire assay utilizing 30-50 gram charges. All samples were assayed with an AA finish and those samples assaying above 3 g/mt gold are retested utilizing a gravimetric finish.

This news release was reviewed by Bryan McKay, P. Geo., who is a Qualified Person under the guidelines of the National Instrument 43-101.

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 49,532,637 common shares issued and outstanding. For additional information, please visit us at www.houstonlakemining.com.


Company Contacts

Houston Lake Mining
Trevor R. Walker, MBA
President
Tel: 705-897-7622
Fax: 705-897-7618


Forward-looking Statements
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release includes certain statements that may be deemed 'orward-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: Filing Services Canada (March 23, 2011 - 9:43 AM EDT)
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