Mountain Lake Minerals Inc. announced that the Government of Newfoundland and Labrador, Department of Natural Resources - Mineral Lands Division confirmed the renewal of the Mining Lease for the company's 100% owned Glover Island Gold Property. The Mining Lease covers 1,925 hectares and two Mineral Exploration Licenses cover a surrounding 3,175 hectares of the 5,100 hectare Property, which is situated on the southern part of Glover Island in western Newfoundland. The area of the Mining Lease includes 17 gold prospects along an 11 kilometer strike length with the most advanced prospect being the Lunch Pond South Extension Gold Deposit where an initial National Instrument 43-101 resource estimate was completed in April 2012.