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Houston Lake Mining Intersects 2.01 Percent Li2O Over 66 Meters at Pak Lithium Project

Written by Teresa Matich
|
Jun. 25, 2015 09:43AM PST

Houston Lake Mining (TSXV:HLM) reported results from four infill drill holes at its Pakeagama Lake pegmatite deposit on Wednesday. Highlighted intercepts included 2.02 percent lithium oxide over 66.05 meters including a 5.86 meter wide lithium zone averaging 4.15 percent lithium oxide. Mineralization at Pak remains open to depth and along strike to the northwest and southeast.

Houston Lake Mining (TSXV:HLM) reported results from four infill drill holes at its Pakeagama Lake pegmatite deposit on Wednesday. Highlighted intercepts included 2.02 percent lithium oxide over 66.05 meters including a 5.86 meter wide lithium zone averaging 4.15 percent lithium oxide. Mineralization at Pak remains open to depth and along strike to the northwest and southeast.

As quoted in the press release:

The Upper Intermediate (UIZ), Central Intermediate (CIZ), Lower Intermediate Zones (LIZ) and Wall Zone (WZ) were previously described in the July 2, 2013 Press Release. Zones of sodic aplite are present in all holes and vary in width from tens of centimetres to several metres, and contain significant concentrations of Ta, Rb and Cs.

Noteworthy observations are that the NNE (footwall) boundary with the metasediments is consistent and predictable while the SSW (hanging wall) contact with the granite is somewhat erratic and complicated by granitic blocks and rafts, and appears to have been variably affected (metasomatized) by the pegmatite intrusion event(s). The mineralized pegmatite remains open along strike to the WNW and ESE, and at depth. Granitic blocks/rafts mapped on surface appear to diminish with depth. The scissor pair of DDH 15 and DDH-20 show that the granite observed at surface and cut in the top of DDH-15 does not persist at depth where the deeper portion of DDH-20 cut pegmatite.

Houston Lake president, Trevor Walker, said:

We are pleased with these infill results from the Phase III diamond drill program as all of the holes consolidate the Inferred and Indicated Resource Estimate announced January 28, 2015. The mineralized pegmatite intersections totalling 98.65m in DDH PL-020-15 will positively expand the current mineral resource estimate’s tonnage.

Click here to read the Houston Lake Mining (TSXV:HLM) press release

phase iii houston lake mining tsxv:hlm
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