Houston Lake Mining: Eastern Extension Drilling at PAK intersects 2.64 Percent Li2O Over 70.4 Meters

Houston Lake Mining (TSXV:HLM) announced the final three drill results from its Phase III diamond drill program at its PAK lithium project. The program was designed to define the upper extent of mineralization along the eastern extension between holes PL-13-001 and PL-010-14.
As quoted in the press release, highlights of results included:

• Diamond Drill Hole (DDH) PL-016-15 intersected 2.64% Li₂O over 70.4 metre (m) from 77.45m to 147.85m including an Upper Intermediate Zone (UIZ) of 3.68% Li₂O over 15.45m from 96.0 to 111.45m,
• DDH PL-019-15 scissored from the south and 30m to the east of PL-016-15, intersected 2.25% Li₂O over 70.55m from 103.15 to 173.70m including an 11.0m wide lithium-enriched zone averaging 3.03% Li₂O from 123.0 to 134.0m,
• Mineralization remains open to depth and along strike to the northwest and southeast.
• Drill results suggest mineralization is plunging to the south-east and possibly present beneath hole PL-022-15 (100m east of known mineralization).

Houston Lake president, Trevor Walker, said:

We are extremely pleased with these in-fill drill results that complete the Phase III diamond drill program as they consolidate the inferred and indicated Resource Estimate announced January 28, 2015, and will likely expand the current mineral resource estimate’s tonnage⁽¹⁾. There is a strong possibility that the pegmatite is plunging to the south-east, which if our theory is accurate, it would suggest that in addition to very high grades, the deposit could also have a very high size potential. The south-east plunge theory will become the new focus for a future drill program.

Click here for the full press release.