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Gold/Mining/Energy : Houston Lake Mining [HLM-ASE]

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To: WWS who wrote (288)1/19/2000 3:29:00 PM
From: DRT   of 364
 
cdnx.ca

Just traded at $0.29 and the market depth is certainly heading in the right direction.

The samples were re-assayed for niobium, lithium, thallium, germanium and antimony because they exceeded the value limits of the ICP methodology used for tantalum, cesium, rubidium. Market prices and demand for germanium and thallium are increasing. Overall, the more you have the better - it enhances the potential economic value of the deposit and could be interesting commodities in their own right to potential joint venture partners.

Resource definition will require drilling to determine the depth - no question its the unknown, but if its anything like Tanco the wall zone is just the tip of the iceberg. It only provides an indication of what may lie at depth (the significance of wall zone Ta assays may imply higher grade zones at depth/see my previous posts on Ta grades of mines). The geological comparison to Tanco highlights the potential for a significant discovery.

DRT
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