FSC / Press Release
HLM Appoints Garth Drever, P.Geo. as new Vice President of Exploration
Sudbury, Ontario CANADA, September 26, 2013 /FSC/ - Houston Lake Mining Inc.
(HLM - TSX Venture),is a mining exploration company which is actively exploring
for rare metals lithium (Li), and tantalum (Ta) and currently focusing on its
100% owned and optioned PAK Rare Metals Project in northwestern Ontario, Canada.
HLM is pleased to announce the appointment of Garth Drever, P.Eng, P.Geo. as
Vice President of Exploration to the "Company".
Mr. Drever is a geologist with over 35 years of mineral exploration experience
primarily with Cameco Corporation. He specializes in innovative technologies
for detecting ore bodies and has worked on many uranium deposits worldwide. His
past experience as an exploration geologist has included positions as Senior
Geologist, District Geologist for Cameco Corporation.
Mr. Drever began his career with the Geological Survey of Saskatchewan managing
geochemical and geophysical programs exploring for uranium in Northern
Saskatchewan. In 1980 he joined Cameco (Saskatchewan Mining Development
Corporation), working as an exploration geologist in the Athabasca Basin of
Saskatchewan. From 1989 to 1993 he was involved with Cameco's industrial mineral
sector exploring for industrial commodities including high calcium limestone,
kaolinite and bentonite as well as diamond exploration. From 1997 to 2000 he
was instrumental in developing Cameco's Australian portfolio of projects in the
Kombolgie Basin of Northern Territory and Western Australia. He worked closely
with Traditional Owners, researchers and the Cameco exploration team to create
synergies for effective exploration. From 2001 to 2007, He played a key role in
the development of Cameco's global exploration portfolio with experience in the
USA, Australia, Africa, Asia, and Europe.
More recently Mr. Drever worked as exploration manager for Uravan Minerals Inc.,
and currently is a VP of Raven Minerals Corp., a private uranium exploration
company. Garth has been a technical consultant to HLM since February of 2013.
Mr. Drever holds a B.Sc in geology from the University of Regina (1975) and is
an active member of the Association of Professional Engineer and Geoscientist of
Saskatchewan, and Ontario.
"Garth brings great depth of practical exploration experience and understanding
of rare metals which greatly compliments the existing strength of the Houston
Lake's Management and Board of Directors in exploration and mining", commented
Trevor R. Walker, President. "We look forward to working with Garth as we
continue to develop a high grade, multi-element, rare metal target with large
tonnage potential on our PAK Rare Metals Project."
The Company also announces that it has granted 400,000 stock options to officers
of the Company. The options are set for a period of five years, expiring on
September 26, 2018. The options are priced at $.10 and are subject to regulatory
About PAK Rare Metals Project
The PAK Rare Metals Project lies between two geological sub-provinces in
northwestern Ontario. The deposit is a LCT (lithium, cesium, tantalum)
classified pegmatite. These type of deposits have been the principal source of
hard rock lithium, tantalum, rubidium and cesium ores mined in the world.
6 diamond drill holes totalling 1,000 metres were drilled by HLM on the
Pakeagama pegmatite in 2013. After drilling the Phase I program, the Pakeagama
pegmatite maintains a 250 metre strike length, an estimated width varying from
45 to 125 metres with an assumed sub-vertical orientation of the pegmatite body.
Highlights of the Phase I diamond drill program include high grade lithium and
tantalum up to 4.22% Li2O over 18 metres and 236 ppm Ta2O5 over 19 metres in two
distinct pegmatite zones.
About Houston Lake Mining Inc.
HLM's goal is to become a fully integrated lithium and tantalum producer by
targeting the growth from the shift towards electric/hybrid vehicles and high
quality consumer electronics through further development of the PAK Rare Metals
Project in Ontario, Canada. HLM's Board of Directors and Management combined
have over 255 years of exploration and mining experience. This experience is
required to facilitate the Company's objective of becoming a "Supplier at the
Source" for the elements required in the pursuit of sustainable energy and other
high tech electronics and metal alloy applications.
HLM has a total of 76,665,695 common shares issued and outstanding. For
additional information, please visit www.houstonlakemining.com.
Company Contact Information
Henry J. Kloepper, CEO
2736 Belisle Drive
Val Caron, ON.
P3N 1B3 CANADA
T. +001 705.897.7622
F. +001 705.897.7618
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
To view the press release as a PDF file, please click on the following link:
Source: Houston Lake Mining Inc. (TSX-V: HLM) (Pink Sheets: HLKMF)
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-0- Sep/26/2013 15:50 GMT
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