Proposed Drill Holes Completed At The At The Hamburg Mine Target


VANCOUVER - Golden Lake Exploration Inc. (GLM) reported that its initial Phase 1 reverse circulation (RC) drill program on the company's keystone Jewel Ridge gold property, located near the town of Eureka, NV, is proceeding well. All three proposed holes on the Hamburg Mine target have been completed (total of 1,800 feet or 549 meters drilled) to target depths. The drill has now moved approximately 1.5 kilometers northwest to patented claims on the South Eureka Tunnel Target area. Drilling will continue on this target area for the remainder of the program.

The South Eureka Tunnel adit is located on the western side of valley, marked by a large area of tailings and dump material located to the north of the adit. Historic reports (Nolan, 1962) indicate that adit extended in a westerly direction for more than 1,800 feet (550 meters), however detailed information related to mine workings, production and geology are not available. The South Eureka Tunnel oxide gold target area is located south-east and north of the adit, was previous drilled with shallow holes (average depth 47,4 meters) by General Minerals Development Corp.

The Company is also pleased to announce that EM Strategies has been retained to lead the Company's permitting of a Phase 2 drill program on additional targets on Federal Bureau of Land Management (BLM) claims on the Jewel Ridge property. EM Strategies, based in Reno and Elko, specialize in third party and proponent work with the BLM, US Forest Service (USFS), state and county governments to provide permit acquisition and regulatory compliance services