Houston Lake Mining Inc. announced some of the results from its 2012 Channel Sample Program on the Pakeagama Lake pegmatite, located at the 1,792 hectare (4,424 acre) Pakeagama Rare Metals Project property. In September 2012, Peter J. Vanstone, P.Geo. the qualified person for the project, conducted a 91 sample channel sampling program on the Pakeagama Lake pegmatite in order to confirm historical results and to add additional channel samples while further sampling by distinct geologic zones.

In addition to the high grade lithium oxide results up to 4.74 Li20 over 15 meters reported by HLM January 10, 2013, the program has also identified tantalum, niobium, and tin oxides in a distinct pegmatite zone. When considering the CIZ, the total distance between channels 19 and 1 is approximately 35m. Overall, this zone has an exposed surficial expression of approximately 100 m in length and remains open to both the southeast and northwest.

The Pakeagama Lake pegmatite does not currently have a resource, however the mineralogy of the CIZ and the presence of lepidolite is similar to the CIZ found in the Tanco pegmatite and was the main tantalum zone at the Tanco mine. The Tanco pegmatite is located southwest of Pakeagama Lake in southeastern Manitoba and is currently a tantalum mineral concentrate producer. In addition to the high-grade lithium results up to 4.74 Li20 over 15 meters encountered and reported recently, these strong tantalum grades from the program entrench the Pakeagama Lake pegmatite as exploration target for rare metals.

Furthermore, the company anxiously anticipates the pending final results of analysis for the element of Rubidium that pegmatite also contains. With the data collected thus far, a Phase I, 1,000m diamond drilling program has been independently recommended to the company in order to test the resulting targets.