Eureka District Property Position Increased

VANCOUVER - Golden Lake Exploration Inc. (GLM) announced the staking of an additional forty-six Bureau of Land Management (BLM) lode claims totaling 924 acres near its Jewel Ridge project in Eureka County, Nevada. GLM now controls approximately 2,642 acres or approximately 10.7 square kilometers (km) in the Eureka mining district. The new claims were staked to secure ground on which the Company obtained high-grade precious and base metal values in preliminary sampling. The property consists of unpatented lode claims that are 100% owned by the Company, without any royalty obligations or work commitments, and includes the historic Kentucky and Mountain Boy mines, as well as numerous small mines and prospects.

Initial selective grab samples taken by the company's geological team have returned significant precious and base metal values of up to 1.73 grams gold per tonne (g/t Au), 698 grams silver per tonne, (g/t Ag), 1.47 % copper (% Cu), 6.66 % lead (Pb), and >30 % zinc (Zn). Table 1 lists the initial sample results.

"With all of the exploration activity ongoing in the re-emerging Eureka District, Golden Lake is excited to be able to report a significant addition to our land position and the encouraging preliminary samples results from the newly acquired area." stated Mike England CEO.