Houston Lake Mining (TSXV:HLM) recently conducted a 9 hole phase II drill program at its PAK rare mentals (lithium, tantalum, rubidium and cesium) project in Ontario. Drilling extended the strike length of the deposit by 56 meters.
As quoted in the press release:
The primary objective of these holes was to test the deposit along strike from previously drilled holes. The intersection summaries for the two drill holes outlined in Table I below have confirmed continuity of the zones. DDH PL-010-14 was drilled ESE of PL-001-13 (Phase I drill program) and extended the strike length by approximately 56m to the ESE and also further defined the bounding contacts with the host rock(s). DDH’s PL-007-14 and 008-14 were drilled WNW of PL-003-14 and although some relative pinching of the pegmatite has occurred the holes have extended the strike length by approximately 110m to the WNW from the current inferred resource estimate. Table I summarizes the lithium, cesium, tantalum and rubidium grades for the two drill holes by mineralogical zones for the pegmatite intersections.
Houston Lake president, Trevor R. Walker, said:
These drill holes were planned with an objective of potentially increasing the strike length of the deposit. The September 24, 2014 press release which positively displayed that the pegmatite’s grade x thickness is persisting with depth, coupled with the results from this press release have increased the overall geometry and should result in a tonnage increase to the maiden resource estimate. We are extremely pleased with the overall results from the Phase II diamond drill program and can conclude that the Pakeagama Lake pegmatite is robust with analogous features to the high grade, multi-element, and large tonnage of the prolific Tanco pegmatite in southeastern Manitoba and the Greenbushes pegmatite in Western Australia.