Happy Creek Completes Drill Program at Fox Tungsten Project, British Columbia
Happy Creek Completes Drill Program at Fox Tungsten Project, British Columbia
November 8, 2021, Vancouver, British Columbia – Happy Creek Minerals Ltd. (TSX-V: HPY)
(“Happy Creek” or the “Company”) is pleased to report that twelve diamond drill holes totaling
2052.7 metres have been completed at the Fox Tungsten Project near the community of 100
Mile House in southern British Columbia.
Eleven of the twelve holes successfully intersected tungsten-bearing skarn (calc-silicate rock) in
the Nightcrawler - Creek area, which is located at low elevation and accessible by logging roads
and short drill trails. The holes range from 107.80 to 260.91 m in depth. Drill hole survey details
are included in Table 1 below.
Drilling between 2007 and 2020 in the Nightcrawler - Creek area has returned promising results
over a 3 kilometre-wide area. For example, hole F20-06 cut 3.38 m grading 1.08% WO3, and hole
F19-02 cut 6.3 m grading 0.43% WO3.
The goal of the 2021 drilling was to step out from the previous wide-spaced drill intersections to
build towards a maiden resource estimate at Nightcrawler – Creek, which can add to current
resources at the RC, BN and BK Zones, located five to seven kilometres to the north.
Scheelite, an important tungsten-bearing mineral, was identified by ultraviolet (UV) lamping in as
many as five skarn layers in eleven of twelve holes drilled in 2021, with individual mineralized
intersections ranging in thickness from 0.15 to 5 m. Down-hole intervals are interpreted to be 70
to 90% of true thickness. A total of 389 samples have been delivered to the laboratory and assay
results are expected within six to eight weeks.
Table 1. 2021 Fox Diamond Drill Holes Survey
Hole Dip Azimuth Easting Northing Collar
Elevation (m) Depth (m)
F21-01 -45 0 671976 5769465 1225 251.76
F21-02 -45 0 671913 5769541 1200 184.71
F21-03 -90 0 671913 5769540 1200 227.38
F21-04 -60 310 671912 5769542 1200 155.75
F21-05 -65 0 670960 5769170 1267 260.91
F21-06 -55 0 671353 5769450 1208 107.80
F21-07 -80 180 671353 5769452 1208 120.70
F21-08 -80 180 671450 5769470 1214 126.80
F21-09 -65 25 671406 5769343 1227 184.71
F21-10 -90 0 671406 5769343 1227 206.04
F21-11 -50 0 671250 5769434 1217 111.56
F21-12 -80 180 671250 5769437 1217 114.60
2
In addition, the Company has located several new areas of high-grade tungsten mineralization
through prospecting and UV lamping. Twenty-five rock samples including 17 chips (0.2 to 3.0 m
in width) one grab and seven float samples were collected from areas north and south of the RC
Zone, in the eastern Creek Zone, and along new logging roads in the vicinity of the September
showing. Results will be compiled and released when they are received.
About Happy Creek Minerals Ltd.
Happy Creek is focused on making new discoveries and building resources in proximity to
infrastructure on the Company’s 100-percent-owned portfolio of diversified metals projects in
British Columbia. The Company’s Management, Board of Directors and Technical Advisors have
solid expertise and depth in the mineral resource sector and capital markets.
About Fox Tungsten
Fox Tungsten is a district-scale, high-grade critical mineral project that Happy Creek has
advanced from initial discovery to the drill definition stage. The project is host to the RC, BN and
RC deposits with current mineral resources (see Happy Creek news release dated February 27,
2018 and the April 9, 2018 Technical Report filed under the Company’s profile on SEDAR for
details) as well the Nightcrawler, Creek, Discovery, and South Grid zones which have significant
tungsten mineralization drilled.
About Tungsten
Tungsten is a rare, heavy and hard element used mainly in cemented tungsten carbide and high-
speed alloy cutting tools and other high-tech applications. Tungsten has been declared a “critical
mineral” by governments in Canada, USA and EU. Currently 85% of world production comes from
China.
The Company operates with the principles and guidelines set out for COVID-19 that are
established by provincial health and safety authorities to protect workers and the communities in
which the Company operates.
Qualifed Persons Statement
The technical and scientific contents of this release have been prepared, verified and approved
by Mike Cathro, P.Geo. M.Sc., a director of the Company and a qualified person pursuant to
National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
More information on the Company’s projects can be found on the Company’s website at
www.happycreekminerals.com.
On behalf of the Board of Directors,
“Peter Hughes”
President and Chief Executive Officer
3
FOR FURTHER INFORMATION, PLEASE CONTACT:
Peter Hughes, President and Chief Executive Officer
Office Phone: (604) 662-8310
Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The reader is cautioned that results or information from an adjacent property does not infer or indicate similar results
or information will or does occur on the subject property. His torical information from the subject or adjacent property
cannot not be relied upon as the Company’s QP, a term wh ich was created and defined under NI-43-101, has not
prepared nor verified the historical information.
This press release contains "forward-looking information" within the meaning of applicable securities laws, including
statements that address capital costs, recovery, grade, and timing of work or plans at the Company’s mineral projects.
Forward-looking information may be, but not always, identi fied by the use of words such as "seek", "anticipate",
“foresee”, "plan", "planned", "continue", "expect", “thought to”, "project", "predict", "potential", "tar geting", "intends",
"believe", “opportunity”, “further” and others, or which describes a goal or action, event or result such as "may", "should",
"could", "would", "might" or "will" be undertaken, occur or achieved. Statements also include those that address future
mineral production, reserve potential, potential size or scale of a miner alized zone, potential expansion of
mineralization, potential type(s) of mini ng, potential grades as well as to Happy Creek’s ability to fund ongoing
expenditure, or assumptions about future metal or mineral prices, currency exchange rates, metallurgical recoveries
and grades, favourable operating conditi ons, access, political stab ility, obtaining or renewal of existing or required
mineral titles, licenses and permits, labour stability, market conditions, availability of equipment, accuracy of any mineral
resources, anticipated costs and expenditures. Assumpti ons may be based on factors and events that are not within
the control of Happy Creek a nd there is no assurance they will prove to be correct. Such forward-looking information
involves known and unknown risks, which may cause the actual results to materially differ, and/or any future results
expressed or implied by such forward-looking informati on. Additional information on risks and uncertainties can be
found within Financial Statem ents, Prospectus and other materials f ound on the Company’s SEDAR profile at
www.sedar.com. Although Happy Creek has attempted to identify im portant factors that coul d cause actual actions,
events or results to differ materially from those described in forward-looking information, there can be no assurance
that such information will prove to be accurate as actual results and future events could differ materially from those
anticipated in such statements. H appy Creek withholds any obligation to update or revise any forward-looking
information, whether as a result of new information, future events or otherwise, unless required by law.