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Houston Lake Mining Announces up to 10.794g/t Gold from Regional Prospecting, also Diamond ...

klengert@gmail.com (Kelsie) — Tue, 21 Dec 2010 19:37:14 GMT

Sudbury, Ontario –December 21, 2010 - Houston Lake Mining Inc. (TSX.V: HLM), is an advanced exploration company which has prospected and strategically acquired contiguous gold properties in Northwestern Ontario with the objective of transitioning into production. HLM also seeks platinum group and rare metal deposits in Northwestern Ontario. HLM is pleased to report the results of 170 regional prospecting samples and 9 channel samples taken from the West Cedartree project area during the months of August and September.

The target areas for the sampling were a number of untested positive chargeability anomalies similar to the anomaly that defines the recently discovered Robertson Gold Zone, a shear zone that hosts the Gold Sun adits, historical trenches on the McLennan Property and some anomalous areas near the Dogpaw Gold Zone. A chargeability compilation map that combines results from two IP surveys is available at http://www.houstonlakemining.com/images/IPchargability_WCP.jpg.

The results ranged from trace to 10.794 grams per tonne. The following table shows the results and location of all samples >2.0 grams per tonne gold, which represent 3% of the total samples taken.

Location	Sample Type	Northing	Easting	Au g/mt	Au oz/st
Gold Sun Property	Grab	434345	5462033	10.794	0.315
Robertson Gold Zone area	Grab	435583	5462912	7.030	0.205
McLennan Gold Zone area	Grab	435177	5464357	3.484	0.102
Robertson Gold Zone area	Grab	435678	5462921	3.178	0.093
Gold Sun Property	Grab	432867	5461136	2.818	0.082
Robertson Gold Zone area	Grab	435880	5461935	2.416	0.070

“We are encouraged by the results of our strategic sampling program as we have numerous gold showings on the West Cedartree Project. Focusing on the newly discovered Robertson Gold Zone is the logical choice for exploration in the short term for the company” said Trevor R. Walker, President of HLM. “The prospecting samples in the vicinity of the Robertson Gold Zone appear to indicate that the chargeability anomaly that defines the zone continues northward and southward and are offset approximately 200 meters by lateral faulting to the east. Anomalous results have been obtained from an indicated strike length of at least 200 meters and suggest the possibility of a 400 meter length at surface.
A diamond drill program of at least 3000m will commence in mid January. This program will target both the Robertson Gold Zone and the historic McLennan Gold Zone. The Robertson Gold Zone Phase II drill program will test the strike length extensions, as well as perform some deeper drilling on the known zone. Some drilling will take place on the historic McLennan Gold Zone, where some historic drilling was done in the 1940’s and only 6 shallow diamond drill holes from HLM in 2006 and 2007. Both Zones have tremendous exploration upside/resource potential, have historically displayed significant gold intersections with a small number of holes in the past and interpretation suggests that both could be amenable to the economic open pit methods of mining. “

About the Robertson Gold Zone
The Robertson Prospects have an insignificant exploration history dating back to the 1940’s. Three showings were known to have been documented on the West Cedartree Property with minor indications of gold mineralization. The Robertson Zone at exposed surface is a 60m long by 20m wide stripped and washed area of gabbroic rock which has three converging shear zones of silicification and variable amounts of finely disseminated pyrite up to 1-2%. These converging zones trend NNE, NNW and EW and vary in width from 3 meters to 20 meters. Channel samples taken in the summer of 2010 from this area ran up to 2.97 g/t Au over a length of 0.43 meters. No previous drilling has been done on this zone prior to HLM performing its phase I drill program in 2010. WC10-01 has shown great potential for both width at 42 metres, and also bodes well for higher grade potential intersecting .6 metres of 6.56 g/t. More specifically the zone is complimented by the hole WC10-05 intersection of 22.60 metres of 2.047g/t gold including 4.30 metres of 4.740 g/t. This Robertson hole targeted the north-south trending altered shear zones. Furthermore, WC10-02 intersected 23.70 metres of 0.980 g/t gold, including 18.30 metres of 1.200 g/t gold.

About the McLennan Gold Zone
The property geology consists of basaltic lavas and pyroclastics intruded by a large gabbro sill and quartz feldspar porphyries. Gold mineralization on the property is associated with north-south trending shear zones near the contact of or internal to the large gabbro sill. Shear zones are possibly related to the Pipestone Lake-Cameron Lake Fault Zone, a major conduit for gold deposits in the region.

In 1944 drilling by Sylvanite Gold Mines Ltd. encountered significant gold-bearing intersections over strike length of 280 m (918 ft). Hole 44-09 encountered the best intersection with 2.848 g/t gold over 4.60m. Holes drilled were approximately 40-50m deep.

In 2006, HLM conducted IP geophysics survey traced possible gold indication for over 800 m southward to where the zone appears to merge with the Angel Hill Gold Zone. Between 2006 and 2007 HLM drilled 8 shallow drill holes which encountered significant gold values over substantial widths. The best intercept was with hole 06-35 which intersected 4g/t gold over 9m from 26-35m from surface.

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 47,289,304 common shares issued and outstanding. For additional information, please visit us at www.houstonlakemining.com.

Company Contacts
Houston Lake Mining Inc.
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 “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.

Houston Lake Mining Announces Closing of $500,000 Flow-Through Financing with MineralFields Group

randeep@sandmanmedia.com (designer) — Thu, 16 Dec 2010 08:00:00 GMT

December 16, 2010 : Sudbury, Ontario, Canada - Houston Lake Mining Inc. (TSX.V: HLM, the "Company" or “HLM”) is an advanced exploration company which has prospected and strategically acquired contiguous gold properties in Northwestern Ontario with the objective of transitioning into production. HLM also seeks platinum group and rare metal deposits in Northwestern Ontario. HLM today reported the closing of a non-brokered private placement offering of 3,125,000 units ("Units") of the Company, for total gross proceeds of $500,000, with the MineralFields Group. Each Unit consists of one (1) Common Share of the Company (issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) (each a "Flow-Through Share") and one-half of one (½) share purchase warrant (the "Warrant") (each full Warrant shall entitle the holder thereof to purchase one (1) additional Common Share of the Company at an exercise price of $0.20 for the first 12 months from issuance and $0.25 for the second 12 months until 24 months from closing (the "Offering")).

All of the Flow-Through Shares and Warrants issued pursuant to the private placement are subject to a 4-month hold period. Proceeds from the Offering will be used to advance Houston Lake’s 100% owned and 100% optioned gold properties located near Kenora, Ontario.

In connection with the Offering, the Company issued a finder’s fee and due diligence fee in the aggregate amount of $40,000 and 250,000 finder options (8% of the total number of Units sold under the Offering) to Limited Market Dealer Inc. Each finder option is exercisable at an exercise price of $0.16 into one Common Share and one-half of one Warrant for a period of two years from closing.

“We are very pleased to be entering into this relationship with MineralFields Group”, said Trevor R. Walker, President of Houston. “This is an important milestone in the growth of the company and we look forward to working with MineralFields Group as we advance our West Cedartree Project in the Kenora Mining District of Ontario.”

About MineralFields, Pathway and First Canadian Securities ®
MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, Montreal and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Fund Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.

About Houston Lake Mining
Inc. Houston Lake is an advanced, vertically integrated resource exploration company. The Company is actively exploring for gold, platinum group 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 44,164,304 common shares issued and outstanding exclusive of the announced financing. For additional information, please visit us at www.houstonlakemining.com.

Company Contacts
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 “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.}

Houston Lake Mining Announces $500,000 Flow-Through Financing

randeep@sandmanmedia.com (designer) — Thu, 09 Dec 2010 08:00:00 GMT

Sudbury, Ontario –December 09, 2010 - Houston Lake Mining Inc. (TSX.V: HLM), is an advanced exploration company which has prospected and strategically acquired contiguous gold properties in Northwestern Ontario with the objective of transitioning into production. HLM (“the Company”) also seeks rare metal and platinum group deposits in Northwestern Ontario. HLM is proposing a non-brokered private placement offering of up to a maximum of 3,125,000 common shares ("Common Shares") of the Company.

The Common Shares are to be issued under a unit offering whereby up to a maximum of 3,125,000 units ("Units") at a subscription price of $0.16 per Unit are to be offered. Each Unit shall consist of one (1) Common Share of the Company (to be issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) (a "Flow-Through Share") and one-half of one (½) share purchase warrant (the "Warrant") (each full Warrant shall entitle the holder thereof to purchase one (1) additional common share of HLM at an exercise price of $0.20 for the first 12 months from closing and at an exercise price of $0.25 for a further 12 month period (the "Offering").

All of the Flow-Through Shares and Warrants issued pursuant to the private placement are subject to a 4-month hold period. Completion of the private placement is subject to the final approval of the TSX Venture Exchange. Proceeds from the financing will be used to advance Houston Lake’s 100% owned and 100% optioned gold properties located near Kenora, Ontario.

All securities issued in connection with this financing have a hold period of 4 months. HLM reserves the opportunity to grant to eligible persons a finder’s fee of a maximum 8% of the gross proceeds of the Offering and finder options of a maximum of 8% of the total number of Units sold under the Offering. Each finder option will be exercisable at an exercise price of $0.30 into one common share and one-half of one Warrant for a period of two years from closing.

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 44,164,304 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

Houston Lake Reports 2nd Quarter Results

randeep@sandmanmedia.com (designer) — Tue, 30 Nov 2010 17:54:17 GMT

Houston Secures $10 Million Financing Commitment and Discovered New Robertson Gold Zone

Sudbury, Ontario – November 30, 2010 – Houston Lake Mining Inc. (TSX.V: HLM), is an advanced exploration company which has prospected and strategically acquired contiguous gold properties in Northwestern Ontario with the objective of transitioning into production. HLM also seeks platinum group and rare metal deposits in Northwestern Ontario. Yesterday HLM filed its report for the second quarter, and six months ended September 30, 2010.
Second Quarter Highlights:

HOUSTON SECURES $10 MILLION FINANCING COMMITMENT

On September 22, 2010 Houston entered into an agreement providing for an Equity Line Facility ("ELF") with Dutchess Opportunity Cayman Fund Ltd., a fund managed by Dutchess Capital Management, II LLC. Under the terms of the ELF, Dutchess has committed to provide up to $10 million of capital during the next three years, at HLM’s discretion, through the issue of common shares. HLM will file an annual information form (“AIF”) and short form prospectus in Canada, which will be subject to the required corporate and regulatory approvals, including that of the TSX Venture Exchange and the Ontario Securities Commission. An AIF was filed with SEDAR on November 22, 2010 or can be viewed at www.houstonlakemining.com

HOUSTON DISCOVERS NEW GOLD ZONE

In August, HLM reported the results of 100 channel samples taken from 22 lines of surface exploration work which identified a potential new Robertson gold mineralized zone. The best sample result was 2.97 g/t Au over a length of 0.43 meters from Line 14. This interval was from a longer sample of 1.22 meters averaging 2.13 grams per tonne.
In September, HLM commenced a Phase I, 1000 meter, 8 hole Robertson Prospect Exploration drill program.
Drill hole WC10-01 was released in Q2 and it showed great potential for both width at 42 metres, and also bodes well for higher grade potential intersecting .6 metres of 6.56 g/t.
Ongoing exploration efforts including sampling and assessment/planning for Q3 winter drilling to extend the strike length and test the mineralization at depth.
Further drilling is independently recommended.

DUBENSKI GOLD ZONE (“DBGZ”)

Completed a Phase V “Dubenski Exploration”, 4 hole, 1,600 meter diamond drilling program on the property to partly test the down dip and down plunge of the zone as well for future downhole geophysical testing in order to aid our interpretation and targeting efforts of the Zone.
We have encountered several intersections bearing anomalous gold values with the deeper drilling on Dubenski Gold Zone, specifically with hole DB10-98 where the best intersection was 11 metres of 0.824 g/t gold. Holes 97 and 98 have provided us with the indications of mineralization down to a depth of approximately 450m from surface.
Analysis is underway in order to perform downhole geophysical surveys with these holes. Additional to exploration efforts at depth lies the necessity to increase the resource on the Dubenski Gold Zone via infill drilling and possible strike length extension.

EXPLORATION EFFORTS ON WEST CEDARTREE

A systematic grab sampling program commenced at the end of September designed to test known geophysical anomalies that have never been investigated on the West Cedartree Gold Project.

FINANCE

Houston issued 1,666,667 Flow-Through Units priced at $0.15 per unit for gross proceeds of $250,000 through a non-brokered private placement.

“We have taken logical steps in our corporate affairs and in our exploration efforts, specifically on the West Cedartree Gold Project during this period. With the $10 Million financial commitment from Dutchess, HLM will be positioned with exceptional access to funds, numerous exploration targets built on historic and NI 43-101 resources, and experienced management in order to properly guide HLM’s growth initiatives.” said Trevor Walker, President of Houston. “The current goal on the West Cedartree Gold Project is to build economic ounces as fast as possible as Northwestern Ontario’s gold exploration is being brought to attention by corporate consolidation and exploration successes of many gold exploration companies as of late. Approximately 6,000m of drilling has been conducted specifically on the Dubenski Gold Zone since the last resource calculation was conducted approximately one year ago. By next spring we plan on updating our resources and are currently analyzing all six known gold zones and their resource potential in order to guide future drilling.”

The current program on the West Cedartree property is aimed at outlining three working areas (Dubenski Gold Zone, Robertson Gold Zones, and Dogpaw Gold Zones) in order to advance the company towards its production objective. To date almost all drilling on the project has been near surface and all resources remain open.

Exploration outlays, salaries and other outlays were funded from treasury. During the six months ended September 30, 2010 Houston invested $511,834 in the mining properties. A total of $411,769 was spent in acquisition and exploration costs for the Dubenski property. A total of $92,060 was spent on exploration for the West Cedartree property (specifically on the newly discovered Robertson Gold Zone) and $6,740 was incurred on the Pakeagama Lake Rare Metals Project.

Expenses for the six months ended September 30, 2010 were $238,150 compared to $287,498 for the same period of the previous year. HLM maintained a higher level of productivity on the West Cedartree Property as the previous year’s quarter, despite this decrease.

For the six months ended September 30, 2010 Houston incurred a net loss of $238,150 ($0.006/share) compared to a net loss of $293,954 ($0.009/share) for the same period ending in 2009.

The Company’s current rate of cash consumption, excluding expenditures on work programs, is approximately $30,000 per month.

OUTLOOK
Houston will continue to focus on exploration and development of the WCGP.

Houston Lake will focus on implementing the recommendations of the NI 43-101 report to further test the 1.7km long Dubenski Gold Zone along strike and at depth beneath the Dubenski gold resource. Current planning is underway in order to perform down hole geophysics in order to aid targeting at depth on the Dubenski Gold Zone. A winter drill program will be done on the Dubenski and will include some testing at depth based on down hole geophysical results and infill drilling required in order to update the resource estimate on the gold zone. During the six months ending September 30, 2010, 1500 metres has been drilled on the Dubenski Property and 1000 metres has been drilled on the newly discovered Robertson Gold Zone.

We have initiated investigation of surface targets at Dogpaw and along the Angel Hill gold trend especially in the vicinity of the Robertson Gold Zone. More specifically we have discovered geophysical analysis and grab sampling that the offset extensions of the Robertson Gold Zone provide for a minimum of 250m of strike length. Diamond drilling is currently being planned for January 2011 in order to further define the potential size of the mineralized zone.

The company expects to do future drilling on the McLennan in order to duplicate historical drilling and trenching done there and to justify a resource calculation. The Angel Hill gold zone data is currently being explored in order to upgrade the historic resources there, and to increase resource potential for the WCGP. Houston Lake’s overall goal is to identify enough resources at six possible locations (Dubenski, Angel Hill, Dogpaw Mineralized Zones, Robertson, and McLennan gold zones) in order to justify production or economically construct a mill facility on site.

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 44,164,304 common shares issued and outstanding exclusive of the announced financing. 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 “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.

Houston Files Annual Information Form as a Prerequisite of a $10Million Financing Commitment

randeep@sandmanmedia.com (designer) — Mon, 22 Nov 2010 21:26:45 GMT

Sudbury, Ontario – November 22, 2010 - Houston Lake Mining Inc. (TSX.V: HLM), an advanced exploration company with strategic gold, rare-metal, and platinum group properties in Northwestern Ontario, is pleased to announce that it has filed its first ever Annual Information Form (“AIF”). The AIF can be found on SEDAR (www.sedar.com) or Houston’s website at www.houstonlakemining.com. The AIF is a prerequisite of the Equity Line Facility (“ELF”) with Dutchess Opportunity Cayman Fund Ltd., a fund managed by Dutchess Capital Management, II LLC. Under the terms of the ELF, Dutchess has committed to provide up to $10 million of capital during the next three years, at HLM’s discretion, through the issue of common shares. Details can be seen from the Houston press release dated September 22, 2010.

“We are happy to have completed the AIF and are pleased with the transparency it provides shareholders and prospective investors with Houston. This is an important step forward in our objectives of the ELF as it is instrumental towards Houston’s growth objectives. The new equity line facility with a well-established Investor such as Dutchess is a clear indication of investor optimism behind HLM’s team and plans to further develop our assets at a faster pace. The ELF agreement will give us a flexible and inexpensive access to capital to support our exploration initiatives." said Trevor R. Walker, President of HLM. "By demonstrating significant access to capital, our past exploration results, and the extent of exploration targets on our three projects, we are sending a clear and positive message to our shareholders that we are striving to increase our resources with the objective of production in the future. We appreciate, and would like to thank our shareholders for their continued support as we transition the company towards our growth initiatives.”

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 44,164,304 common shares issued and outstanding exclusive of the announced financing. 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: 705.897.7618houston@houstonlakemining.com

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 “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.

Houston Confirms new Robertson Gold Zone from Phase I drilling and Initial Prospecting Results ...

randeep@sandmanmedia.com (designer) — Tue, 16 Nov 2010 21:23:01 GMT

Sudbury, Ontario –November 16, 2010 - Houston Lake Mining Inc. (TSX.V: HLM), is an advanced exploration company which has prospected and strategically acquired contiguous gold properties in Northwestern Ontario with the objective of transitioning into production. HLM also seeks platinum group and rare metal deposits in Northwestern Ontario. HLM is pleased to announce the results from 4 holes of a 2,600 metre, 12 hole exploration diamond drill program on the Company’s 100% owned and optioned West Cedartree Property. Approximately 1600 metres was drilled on the Dubenski Property and 1000 metres on the newly discovered Robertson Gold Zone on the West Cedartree Property.

“These holes are the third and final set released from our Phase I “Robertson Gold Zone Testing” program and Phase IV “Dubenski Exploration” program. The drilling on the Robertson Prospect was to confirm the indication of a possible gold zone from past channel samples taken. The holes included here continue to support our theory that we have found anomalous mineralization and that further exploration is warranted with drilling. These Roberston Gold Zone holes compliment October 20^th’s release of hole WC10-05 which returned a drilled intersection of 22.6 metres of 2.047 g/t and included 4.3 metres of 4.74 g/t. We are pleased with our drilling and are excited at the speculation when we compare what has been drilled and the extent of unexplored geophysical anomalies on the Robertson Gold Zone and the highly anomalous, extension of the paralleling Angel Hill Gold Zone. If we look at what we have drilled thus far and the extent of chargeability highs from our geophysical coverage, we have extensive exploration area to investigate.” stated Trevor Walker, President of Houston. A chargeability compilation map that combines results from IP surveys and the area of the new gold zone is available at http://www.houstonlakemining.com/images/IPchargability_WCP.jpg.

Core Length Drill Hole Intercepts, Robertson Gold Zone (North South Orientation)

Hole Number	From (m)	To (m)	Interval (m)	Au g/mt	Interval (ft)	Au oz/st
WC10-06	No Significant Values
WC10-07	64.70	66.20	1.50	0.85	4.92	0.020
WC10-08	37.00	38.30	1.30	1.51	4.27	0.04
DB10-99	No Significant Values

Hole WC10-06 tested the north trending shear zone north of previously released WC10-05. Drill hole WC10-07 tested the southern extension of the north trending shear zone on the south side of the east trending shear zone. WC10-08 tested the east trending shear zone previously tested by hole WC10-02.

In relation to the Robertson Zone, Houston is pleased that preliminary results from prospecting of other chargeability anomalies on the West Cedartree Project have returned some encouraging results. These results include grades up to 3.18g/t from geophysical anomalies northeast and southeast of the Robertson Gold Zone and results up to 2.82 g/t from the Gold Sun Property. These anomalies can be seen on the above-mentioned link to the chargeability map. Results from anomalies in other areas, McLennan and Dogpaw, are pending. Houston is currently finishing off a strategic grab sampling program designed to test known geophysical anomalies that have never been investigated on the West Cedartree Project.

“The prospecting samples in the vicinity of the Robertson Gold Zone appear to indicate that the chargeability anomaly that defines the zone continues northward and southward and are offset approximately 200-250 meters by lateral faulting to the east. Anomalous results have been obtained from an indicated strike length of at least 200 meters. Additional exploration is independently recommended and may take the form of diamond drilling simultaneously done with deeper drilling on the currently drilled Robertson Gold Zone.”

Collar Locations for Drill Holes

Drill Hole #	Northing (Metres)	Easting (Metres)	Collar Dip (Degrees)	Azimuth (Degrees)	Drill Hole Length (m)	Drill Hole Length (ft.)
WC10-06	5462855	435370	-52	90	128	420
WC10-07	5462768	435373	-52	90	87	285
WC10-08	5462763	435385	-52	360	101	331
DB10-99	5464309	438094	-53	360	161	528

About the Robertson Gold Zone

The Robertson Prospects have an insignificant exploration history dating back to the 1940’s. Three showings were known to have been documented on the West Cedartree Property with minor indications of gold mineralization. The Robertson Zone at exposed surface is a 60m long by 20m wide stripped and washed area of gabbroic rock which has three converging shear zones of silicification and variable amounts of finely disseminated pyrite up to 1-2%. These converging zones trend NNE, NNW and EW and vary in width from 3 meters to 20 meters. Channel samples taken in the summer from this area ran up to 2.97 g/t Au over a length of 0.43 meters. No previous drilling has been done on this zone.

About the Dubenski Gold Zone

The Dubenski property is one of eight contiguous properties comprising the Company’s 100% owned and optioned 1,674 hectare (4,135 acre) West Cedartree Gold Project located near Kenora, Ontario. The project area encompasses three zones hosting gold resources at Angel Hill (NI 43-101 compliant), Dogpaw Lake No. 1 Vein (historic) and Dubenski Mineralized Zone (NI 43-101 compliant).

P&E Mining Consultants of Brampton, Ontario were contracted to prepare a NI 43-101 compliant Mineral Resource estimate for the Dubenski property (see press release dated November 5, 2009). The categorized Mineral Resources based on drill phases I-III are:

Table 1. Dubenski Mineralized Zone Resource Estimate Utilizing Optimized Pit Shell

	Indicated			Inferred
Cut-Off Au g/t	Tonnes	Au g/t	Au oz.	Tonnes	Au g/t	Au oz.
Pit 0.65 g/t	524,000	3.55	59,800	12,000	1.96	800
UG 2.5 g/t	27,000	3.26	2,900	10,000	3.32	1,000
TOTAL	551,000	3.53	62,700	22,000	2.57	1,800

The updated resource for the Dubenski Mineralized Zone was estimated on the basis of the Oct 31/09 24 month trailing average Au price of US$895/oz and $US exchange rate of $0.92. The open pit cut-off grade of 0.65 g/t Au was derived from C$2.50/tonne mining, C$15/tonne processing, C$5/tonne G&A and 95% process recovery. The open pit portion of the resource was defined in a 50 degree slope optimized pit shell. The underground cut-off grade of 2.5 g/t Au was derived from $55/tonne mining, C$15/tonne processing and C$5/tonne G&A and 95% process recovery.
Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.
The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category.
The mineral resources in this press release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council December 11, 2005.

The resource calculation does not include Phase IV drilling completed in March 2010, whereby the strike length of the Dubenski Gold Zone has been lengthened from 365m to 500m.

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 44,164,304 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

Houston Lake Mining Intersects 22.60 Metres of 2.047g/t Gold Including 4.30 Metres of 4. ...

randeep@sandmanmedia.com (designer) — Wed, 20 Oct 2010 19:56:21 GMT

Sudbury, Ontario –October 20, 2010 - Houston Lake Mining Inc. (TSX.V: HLM), is an advanced exploration company which has prospected and strategically acquired contiguous gold properties in Northwestern Ontario with the objective of transitioning into production. HLM also seeks platinum group and rare metal deposits in Northwestern Ontario. HLM is pleased to announce the results from 4 holes of a 2,600 metre, 12 hole exploration diamond drill program on the Company’s 100% owned and optioned West Cedartree Property. Approximately 1600 metres was drilled on the Dubenski Property and 1000 metres on the newly discovered Robertson Gold Zone on the West Cedartree Property.

“These holes are the second set released from our Phase I “Robertson Gold Zone Testing” program and Phase V “Dubenski Exploration” program. The drilling on the Robertson Prospect was to confirm the indication of a possible gold zone from past channel samples taken. These second set of holes on the Robertson have again proven to us that we have found anomalous mineralization and that further exploration is warranted with drilling. These Robertson Gold Zone holes compliment September 30^th’s released hole WC10-01 which has shown great potential for both width at 42 metres, and also bodes well for higher grade potential intersecting .6 metres of 6.56 g/t. More specifically the zone is complimented by the hole WC10-05 intersection of 22.60 metres of 2.047g/t gold including 4.30 Metres of 4.740 g/t. This Robertson hole targeted the north-south trending altered shear zones. Furthermore, WC10-02 intersected 23.70 metres of 0.980 g/t gold, including 18.30 metres of 1.200 g/t gold. This hole, WC10-02, tested the east-west altered shear zone and intersected mineralization which warrants further drilling. We are pleased with our drilling and are excited at the speculation when we compare what has been drilled and the extent of unexplored geophysical anomalies on the Robertson Gold Zone and the highly anomalous, extension of the paralleling Angel Hill Gold Zone. If we look at what we have drilled thus far and the extent of chargeability highs from our geophysical coverage, we have extensive exploration area to investigate.” A chargeability compilation map that combines results from IP surveys and the area of the new gold zone is available at http://www.houstonlakemining.com/images/IPchargability_WCP.jpg.

Core Length Drill Hole Intercepts, Robertson Gold Zone (North South Orientation)

Hole Number

From
(m)

To
(m)

Interval
(m)

Au
g/mt

Interval
(ft)

Au
oz/st

WC10-05
	including
	including
	including

62.00

84.60

22.60

2.047

74.15

0.060

64.10

78.70

14.60

2.476

47.90

0.072

71.20

78.70

7.50

3.502

24.61

0.102

74.40

78.70

4.30

4.740

14.11

0.138

WC10-02
	including

2.30

26.00

23.70

0.980

77.76

0.029

2.30

20.60

18.30

1.200

60.04

0.035

Hole Number

From
(m)

To
(m)

Interval
(m)

Au
g/mt

Interval
(ft)

Au
oz/st

DB10-98
DB10-98	including
	Also
	including
	Also
	including
	Also
	including

88.80

91.10

2.30

0.737

7.55

0.022

88.80

89.90

1.10

0.870

3.61

0.026

404.00

408.30

4.30

0.910

14.11

0.027

405.50

406.60

1.10

1.450

3.61

0.043

412.30

423.30

11.00

0.824

36.09

0.024

414.00

415.00

1.00

1.620

3.28

0.047

552.50

555.00

2.50

1.074

8.20

0.031

554.00

555.00

1.00

1.985

3.28

0.058

DB10-97

520.00

521.00

1.00

1.137

3.28

0.033

“Four holes have been drilled on the Dubenski Mineralized Zone to partly test the down dip and down plunge of the zone as well for future downhole geophysical testing in order to aid our interpretation and targeting efforts of the Zone. We have encountered several intersections bearing anomalous gold values with the deeper drilling on Dubenski Gold Zone, specifically with hole DB10-98 where the best intersection was 11 metres of 0.824 g/t gold. Holes 97 and 98 have provided us with the indications of mineralization down to a depth of approximately 450m from surface. The next step for HLM on the Dubenski Property is to conduct downhole geophysical surveys with these holes. Additional to exploration efforts at depth lies the necessity to increase the resource on the Dubenski Gold Zone via infill drilling and possible strike length extension in the near to medium term.

Collar Locations for Drill Holes

Drill Hole #	Northing (Metres)	Easting (Metres)	Collar Dip (Degrees)	Azimuth (Degrees)	Drill Hole Length (m)	Drill Hole Length (ft.)
WC10-05	5462830	435370	-52	90	95	312
WC10-02	5462798	435385	-53	180	92	302
DB10-98	5464011	438394	-52	360	614	2015
DB10-97	5464019	438292	-53	360	614	2015

About the Robertson Gold Zone

About the Dubenski Gold Zone

The Dubenski property is one of eight contiguous properties comprising the Company’s 100% owned and

optioned 1,674 hectare (4,135 acre) West Cedartree Gold Project located near Kenora, Ontario. The project area encompasses three zones hosting gold resources at Angel Hill (NI 43-101 compliant), Dogpaw Lake No. 1 Vein (historic) and Dubenski Mineralized Zone (NI 43-101 compliant).

Table 1. Dubenski Mineralized Zone Resource Estimate Utilizing Optimized Pit Shell

	Indicated			Inferred
Cut-Off Au g/t	Tonnes	Au g/t	Au oz.	Tonnes	Au g/t	Au oz.
Pit 0.65 g/t	524,000	3.55	59,800	12,000	1.96	800
UG 2.5 g/t	27,000	3.26	2,900	10,000	3.32	1,000
TOTAL	551,000	3.53	62,700	22,000	2.57	1,800

The updated resource for the Dubenski Mineralized Zone was estimated on the basis of the Oct 31/09 24 month trailing average Au price of US$895/oz and $US exchange rate of $0.92. The open pit cut-off grade of 0.65 g/t Au was derived from C$2.50/tonne mining, C$15/tonne processing, C$5/tonne G&A and 95% process recovery. The open pit portion of the resource was defined in a 50 degree slope optimized pit shell. The underground cut-off grade of 2.5 g/t Au was derived from $55/tonne mining, C$15/tonne processing and C$5/tonne G&A and 95% process recovery.
Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.
The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category.
The mineral resources in this press release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council December 11, 2005.

The resource calculation does not included Phase IV drilling completed in March 2010, whereby the strike length of the Dubenski Gold Zone has been lengthened from 365m to 500m.

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 44,164,304 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

Houston Lake Mining Confirms Identification of Newly Discovered Robertson Gold Zone by ...

randeep@sandmanmedia.com (designer) — Thu, 30 Sep 2010 18:56:49 GMT

Sudbury, Ontario –September 30, 2010 - Houston Lake Mining Inc. (TSX.V: HLM), is an advanced exploration company which has prospected and strategically acquired contiguous gold properties in Northwestern Ontario with the objective of transitioning into production. HLM also seeks platinum group and rare metal deposits in Northwestern Ontario. HLM is pleased to announce the results from 4 holes of a 2,600 metre, 12 hole exploration diamond drill program on the Company’s 100% owned and optioned West Cedartree Property. Approximately 1600 metres was drilled on the Dubenski Property and 1000 metres on the newly discovered Robertson Gold Zone on the West Cedartree Property. Results are still pending from the drill program.

“These holes are the first set released from our Phase I (Robertson Gold Zone) program and Phase V Dubenski Gold Zone. The drilling on the Robertson Prospect was to confirm the indication of a possible gold zone from past channel samples taken. These first set of holes on the Robertson have proven to us that we have found anomalous mineralization and that further exploration is required. Hole WC10-01 shows great potential for both width at 42 metres, and also bodes well for higher grade potential intersecting .6 metres of 6.56 g/t. These Robertson holes targeted the north-south trending altered shear zones. Further results are pending from the Robertson Gold Zone, and include the testing of the east-west altered shear zone. We are pleased with our drilling and are excited at the speculation when we compare what has been drilled and the extent of unexplored geophysical anomalies on the Robertson Gold Zone and the parallel Angel Hill Gold Zone. If we look at what we have drilled thus far and the extent of chargeability highs from our geophysical coverage, we have a lot of exploration area to investigate.” A chargeability compilation map that combines results from IP surveys and the area of the new gold zone is available at http://www.houstonlakemining.com/images/IPchargability_WCP.jpg.

Core Length Drill Hole Intercepts, Robertson Gold Zone (North South Orientation)

Hole Number		From (m)	To (m)	Interval (m)	Au g/mt	Interval (ft)	Au oz/st
Hole Number		From (m)	To (m)	Interval (m)	Au g/mt	Interval (ft)	Au oz/st
WC10-01		19.60	62.00	42.4	0.93	139.11	0.027
	Including	19.60	38.00	18.40	1.63	60.37	0.048
	Or	20.40	28.00	7.60	1.88	24.94	0.055
	Including	20.40	21.00	0.60	6.56	1.97	0.191
	Also	50.00	62.00	12.00	0.61	39.37	0.018
WC10-03		53.00	56.90	3.90	0.44	12.80	0.013
WC10-03	Including	80.55	80.90	0.35	2.11	1.15	0.002
WC10-04		89.70	110.60	20.90	1.04	68.57	0.033
WC10-04	Including	89.70	93.70	4.00	1.33	13.12	0.042
DB10-96		No significant results

“Four holes have been drilled on the Dubenski Mineralized Zone to test the down dip and down plunge of the zone as well for future downhole geophysical testing in order to aid our interpretation and targeting efforts of the Zone. Unfortunately the first hole has missed our target; we feel this is a result of deviation while drilling. Further results are pending and will be released as soon as possible.

Collar Locations for Drill Holes

Drill Hole #	Northing (Metres)	Easting (Metres)	Collar Dip (Degrees)	Azimuth (Degrees)	Drill Hole Length (m)	Drill Hole Length (ft.)
WC10-01	5462798.00	435385.00	-51	90	62	203
WC10-03	5462798.00	435458.00	-52	270	92	302
WC10-04	5462798.00	435349.00	-52	90	116	381
DB10-96	5464045.00	438088.00	-50	360	395	1296

About the Robertson Gold Zone

About the Dubenski Gold Zone

Table 1. Dubenski Mineralized Zone Resource Estimate Utilizing Optimized Pit Shell

	Indicated			Inferred
Cut-Off Au g/t	Tonnes	Au g/t	Au oz.	Tonnes	Au g/t	Au oz.
Pit 0.65 g/t	524,000	3.55	59,800	12,000	1.96	800
UG 2.5 g/t	27,000	3.26	2,900	10,000	3.32	1,000
TOTAL	551,000	3.53	62,700	22,000	2.57	1,800

The updated resource for the Dubenski Mineralized Zone was estimated on the basis of the Oct 31/09 24 month trailing average Au price of US$895/oz and $US exchange rate of $0.92. The open pit cut-off grade of 0.65 g/t Au was derived from C$2.50/tonne mining, C$15/tonne processing, C$5/tonne G&A and 95% process recovery. The open pit portion of the resource was defined in a 50 degree slope optimized pit shell. The underground cut-off grade of 2.5 g/t Au was derived from $55/tonne mining, C$15/tonne processing and C$5/tonne G&A and 95% process recovery.
Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.
The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category.
The mineral resources in this press release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council December 11, 2005.

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 42,497,638 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

Houston Lake Mining Secures $10 Million Financing Commitment

randeep@sandmanmedia.com (designer) — Wed, 22 Sep 2010 16:22:27 GMT

Sudbury, Ontario – September 22, 2010 - Houston Lake Mining Inc. (TSX.V: HLM), an advanced exploration company with strategic gold, rare-metal, and platinum group properties in Northwestern Ontario, is pleased to announce that it has entered into an agreement providing for an Equity Line Facility ("ELF") with Dutchess Opportunity Cayman Fund Ltd., a fund managed by Dutchess Capital Management, II LLC. Under the terms of the ELF, Dutchess has committed to provide up to $10 million of capital during the next three years, at HLM’s discretion, through the issue of common shares.

"This new equity line facility with a well-established Investor such as Dutchess is a clear indication of investor optimism behind HLM’s plan to further develop our assets at a faster pace. This agreement gives us a flexible and inexpensive access to capital to support our exploration initiatives." said Trevor R. Walker, President of HLM. "By demonstrating access to capital, our past exploration results, and the extent of exploration targets, we are sending a clear and positive message to our shareholders that we are striving to increase our resources with the objective of production". HLM can draw on Dutchess' commitment by sending draw down notices based on the company’s requirements. Each drawdown will be priced based on the then-current stock price in accordance with an agreed-upon formula. HLM will control the timing and amount of any share sales to Dutchess. HLM will file an annual information form and short form prospectus in Canada, which will be subject to the required corporate and regulatory approvals, including that of the TSX Venture Exchange and the Ontario Securities Commission. No commissions will be paid by HLM as a result of the signing of the ELF.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to United States persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

This news release is not for distribution to United States newswire services or for dissemination in the United States.

About Dutchess Capital
Dutchess Capital is an investment manager which provides creative financing for public companies. Founded in 2000, funds managed by Dutchess have made over $200 million in direct investments in companies throughout North America, Europe and Asia. For almost a decade, Dutchess has been a global leader in Equity Line Facilities (ELFs) and has transacted in excess of $1.8 billion in such financings worldwide. The ELF is a flexible financing structure by which publicly traded companies can raise capital quickly, efficiently and with less dilution than most traditional offerings. For more information, please visit
www.dutchesscapital.com.

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 44,164,304 common shares issued and outstanding exclusive of the announced financing. 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 "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.}

Houston Lake Reports First Quarter Results

randeep@sandmanmedia.com (designer) — Mon, 30 Aug 2010 08:00:00 GMT

Completed 4900m Diamond Drill Program and Planned Drilling on Dubenski Gold Zone for Summer of 2010

Sudbury, Ontario – Aug. 30, 2010 – Houston Lake Mining Inc. (TSX.V: HLM), is an advanced exploration company which has prospected and strategically acquired contiguous gold properties in Northwestern Ontario with the objective of transitioning into production. HLM also seeks platinum group and rare metal deposits in Northwestern Ontario. Today HLM has released its report for the first quarter, and three months ended June 30, 2010.

Fourth Quarter Highlights

Dubenski Gold Zone (DBGZ)

Completed a 4,900 m diamond drilling program on the Dubenski property. The program expanded the Dubenski gold zone from 365m to a length of 465m. It also confirmed that the Shaft and Central Zones are in fact one mineralized zone (DBGZ). The DBGZ is open in all directions.
The most significant diamond drill hole of the program was DB10-70 encountering 19m of 9.99g/t gold, including 3.10m of 57.28g/t. Highlights of this program can be seen at www.houstonlakemining.com.
Ongoing exploration efforts including sampling and assessment/planning for Q2-summer drilling program (phase V) to drill holes 100-250 metres below the existing drilling to date at the DBGZ.

Angel Hill Gold Zone (AHGZ)

Completed mechanized stripping of one of the Robertson Occurrences, a historic gold showing approximately 1.4 km to the south of the Angel Hill gold resource.
Commenced systematic channel sampling of the Robertson Occurrence.

Operations

Upgraded the West Cedartree core shack facilities and sourced a laboratory of closer proximity.

Finance

1,000,000 stock options were awarded to directors, officers, and employees of the company at an exercise price of $0.20 with an expiration date of June 1, 2015. The market price during award was $0.15 per share.

“At the transition between March 31, 2010 and this first quarter we completed and analyzed Phase IV drilling, which was a 4,900 m drilling program on Dubenski,’ said Trevor R. Walker, President. “We continued to focus on the property as we believed it had the most near term potential to help us build gold ounces on the West Cedartree Project. The phase IV drill program was reported and intersected gold mineralization over significant widths. We added further ounces which will be calculated this fall/winter and it defined that both the shaft and central zones are in fact on continuous zone. During the three month period we have analyzed the zone and have planned some deeper drilling for the summer on the Dubenski Gold Zone. More specifically we have planned to go 100-250m below existing drilling on the zone to date.”

The current program on the West Cedartree property is aimed at outlining three working areas (Dubenski Gold Zone, Angel Hill/Robertson Gold Zones, and Dogpaw Gold Zones) in order to advance the company towards its production objective. To date all drilling on the project has been near surface and all resources remain open.

Exploration outlays, salaries and other outlays were funded from treasury. During the three months ended June 30, 2010 Houston Lake invested $208,961 in the mining properties. Of the total:

A total of $199,271 was spent in acquisition and exploration costs for the Dubenski property
A total of $7,807 was spent on the West Cedartree property and;
$900 was incurred on the Pakeagama Lake and Tib Lake projects.

Expenses for the three months ended June 30, 2010 were $113,990 compared to $127,952 for the same period of the previous year. HLM maintained a higher level of productivity on the West Cedartree Property as the previous year’s quarter, despite this decrease.

For the three months ended June 30, 2010, Houston Lake incurred a net loss of $113,990 ($0.001/share) as compared to a net loss of $127,783 ($0.004/share) in the same period of 2009.

At June 30, 2010, working capital totaled $293,600 as at June 30, 2010 compared to $615,065 at the March 31, 2010 year end. The Company’s current rate of cash consumption, excluding expenditures on work programs, is approximately $23,333 per month.

Outlook
Looking forward the Company will continue to focus on the exploration and development of the West Cedartree Gold Project, specifically on implementing the recommendations of the NI 43-101 report for Dubenski by testing the down dip and down plunge extensions of these zones.

Further to this, HLM plans on continuing to work the Robertson Occurrences’ in order to begin exploitation of some of the significant geophysical anomalies found on the West Cedartree property.

The company expects to do future drilling on the Angel Hill gold zone in order to upgrade the historic resources there, and to increase resource potential for the WCGP. Houston Lake’s overall goal is to identify enough resources at three locations (Dubenski, Angel Hill, and Dogpaw Gold Zones) in order to economically justify production.

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 44,164,304 common shares issued and outstanding exclusive of the announced financing. 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 “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.}