This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

HLM Completes Initial Mobile Metal Ion (MMI) Geochemical Survey On The Pakeagama Rare Metals Property In Northwestern Ontario

Houston Lake Mining Inc. (TSX.V: HLM), is a mining exploration company which is actively exploring for rare metals and currently focusing on its 100% owned and optioned Pakeagama Rare Metals Project in northwestern Ontario, Canada. HLM is pleased to announce the completion of a Mobile Metal Ion (“MMI”) geochemical survey on 60% of this 1,792 hectare (4,424 acre) property.

In June 2011, Peter J. Vanstone P.Geo. the qualified person for the project, conducted an MMI orientation soil survey over the exposed Pakeagama Lake pegmatite. The results of this survey identified 15 elements that had a definitive response to the pegmatite, and specifically established a characteristic cesium, lithium, and rubidium soil MMI response. It also allowed the Company to define the best soil sample depth range for future MMI surveys on the property. Later in 2011, Mr. Vanstone supervised a detailed reconnaissance MMI soil survey of the four more southerly claims.

The Company is pleased to announce that the regional survey returned very encouraging MMI results. Specifically, elevated cesium, lithium and rubidium MMI values are concentrated both to the northwest and southeast directions within the property and coincident with the assumed orientation of the Pakeagama Lake pegmatite. The MMI geochemical signatures are of similar amplitudes to that of the orientation survey over the Pakeagama Lake pegmatite itself. As a result, the Company is planning a preliminary exploration drill program, which, in part will reinforce the MMI geochemical exploration model defined by the orientation survey.

“The objective of the MMI geochemical program is to aid in the targeting and planning of a Phase I diamond drill program. Upon completion of the MMI survey and a future Phase I diamond drill program, the knowledge gained should provide us with a unique and cost effective geochemical survey tool we can use in further definition of our Pakeagama Lake rare metal pegmatite, or other similar pegmatites in central Canada”, said Trevor R. Walker, President of HLM.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs