Houston Lake Mining Inc. (TSXV: HLM) has advanced the PAK Rare Metals Project to a point where the company has now started the process to compile a National Instrument (“NI”) 43-101 compliant Mineral Resource estimate with Montreal-based GENIVAR (TSX: GNV).
Trevor R. Walker, President of HLM, commented:
We are pleased to be in a position to advance the PAK Rare Metals Project to this next stage with a reputable firm such as GENIVAR. We anticipate that the initial Mineral Resource Estimate should be completed by the end of November 2013. Further to an estimate of lithium, tantalum, rubidium and possibly cesium contained therein, this will serve as a base from which HLM can potentially expand the high grade resource to the northwest and southeast of the pegmatite deposit beyond the current limit of drilling.