Happy Creek Intersects 6.7m of 0.43% WO3, including 1.2 m grading 1.83% WO3 at Nightcrawler Zone, Fox Tungsten Project, British Columbia
Happy Creek Intersects 6.7m of 0.43% WO3, including 1.2 m grading 1.83% WO3 at
Nightcrawler Zone, Fox Tungsten Project, British Columbia
January 10, 2022, Vancouver, British Columbia – Happy Creek Minerals Ltd. (TSX-V: HPY)
(“Happy Creek” or the “Company”) is pleased to report assays from the 2021 drill and rock
sampling program on the road-accessible Fox Tungsten project, located near the community of
100 Mile House in southern British Columbia.
A total of 2052.7 m were drilled in twelve diamond drill holes. The 2021 drill pattern was designed
to in-fill and step-out from previous promising results in three portions of the 3-km-long
Nightcrawler – Creek zone, and to attain a pierce-point spacing of approximately 75 m or less to
allow for future resource estimation.
The 2021 drilling was successful in demonstrating the continuity of moderate- to high-grade
tungsten skarn (calc-silicate) mineralization in the northern Nightcrawler, southern Nightcrawler
South and eastern Creek zones, and in showing that these zones remain open for expansion in
several directions. In addition, the drilling confirmed two to six stacked, mineralized horizons are
present in Nightcrawler area.
Five kilometres to the north (Figure 1), detailed prospecting and chip sampling along strike from
the RC Zone deposit returned high-grade assays, showing that there is good potential for
expansion of the high-grade tungsten deposit into undrilled areas beyond the limits of the current
resource*.
Drilling Results
Assay and survey results are included in Tables 1 and 2, in plan view on Figure 2, and in cross-
sections on Figure 3 and 4.
In the northern Nightcrawler zone seven holes were drilled to infill and expand the area of near-
surface tungsten mineralization. The best 2021 results are hole F21-09 which intersected 6.7 m
grading 0.43% WO3, including 1.2 m grading 1.83% WO 3 and hole F21-11, which intersected
1.2 m grading 0.67% WO 3. The mineralized skarn horizons are now confirmed to dip shallowly
south over an area of approximately 250 m east-west by 200 m on the dip. The host rocks dip
south at 20 to 25 degrees. This zone has now been intersected in a total of ten holes and remains
open up-dip to the north, and down-dip to the south.
Previous drilling in the southern Nightcrawler zo ne includes a line of four holes drilled between
2007 and 2015, all of which intersected multiple zones of gently south-dipping tungsten
mineralization at shallow depths (e.g. Hole 07F-05 intersected 2 m grading 0.75%, 3 m grading
0.34% and 0.5 m grading 1.8% WO3). 2021 hole F21-05 was collared approximately 50 m west
of 07F-05 and intersected six stacked mineralized skarn horizons between 15.54 and 178.14 m
down the hole, the best the best of which is 1.5 m grading 0.43 WO3.
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Four holes were drilled in the eastern Creek zone, F21-01 to -04, as step-outs around 2020 hole
F20-06 which intersected 3.38 m grading 1.08% WO3 within a thick section of calc silicate (skarn)
alteration (see Happy Creek News Release of January 28, 2021). The 2021 holes successfully
demonstrated that the skarn-hosted tungsten mineralization extends in the up-dip direction in hole
F21-02 (1.0 m grading 0.74% WO 3), in the down-dip direction in hole F21-03 ( 2.2 m grading
0.37% WO3) and to the northwest in hole F21-04 (1.0 m grading 0.49% WO3). This near-surface
mineralized zone remains open in several directions, including up-dip to surface to the north.
Prospecting Results
During the summer and fall of 2021, the Company conducted prospecting, geological studies and
chip sampling in the area of the RC zone deposit, in the Eastern Creek zone target of the
Nightcrawler – Creek Zone, and on the west side of the Fox property (Table 3).
In the vicinity of the RC zone deposit, geological mapping, ultraviolet lamp prospecting, hand
trenching, and chip-chisel sampling was performed on new exposures along strike to the north
and south. Most of the outcrop in this area is covered by vegetation and talus making it challenging
to expose, observe and sample the full thickness of mineralized outcrops. As such, reported
sample widths are interpreted to be only a minimum. To the south of the RC deposit and towards
the BN deposit, chip samples of new surface exposures 175 and 350 m south of the nearest
drill hole returned 0.73% WO3 over 0.90 m, 2.32% WO3 over 1.50 m, 1.69% WO3 over 0.3 m,
and 0.62% WO3 over 0.3 m. To the north of the RC deposit, chip samples returned 2.59% WO3
over 1.4 m, 1.16% WO 3 over 0.60 m in areas with wide-spaced drill holes. These new outcrop
discoveries will help guide future mechanized trenching and drilling to expand the current
resource*.
New trench samples along the east side of the RC deposit, where it daylights in steep bluffs, will
complement the current resource model* by allowing the connection of mineralized zones in drill
holes to mineralized zones at surface in several areas. Chip samples in this area returned 0.73%
WO3 over 0.8 m, 0.39% WO3 over 1.5 m, and 0.90% WO3 over 3.0 m, with mineralized intervals
open in width.
In the Eastern Creek portion of the Nightcrawler - Creek zone, prospecting was done up-dip of
the presumed surface projection of high-grade mineralization intersected by 2020 and 2021 drill
holes. The prospecting revealed tungsten-bearing skarn boulders and outcrop of monzogranite-
alaskite sills over approximately 100 m. Approximately 75% of skarn boulders in this area were
observed to contain scheelite under UV light. Grab samples of three boulders returned 0.57%,
1.19% and 2.07% WO3 respectively. This newly located boulder field supports the potential for
additional high-grade, near-surface mineralization in the Eastern Creek portion of the Nightcrawler
– Creek zone.
On the western side of the Fox property, multiple prospecting traverses were performed in areas
of recent and on-going logging activity. The Fox West area has extensive till cover, however, one
skarn boulder was located that returned 3.58% WO3. At higher elevations above the September
Zone, large, angular sub-crop and boulders of marble and skarn occur near the contact with
monzogranite. Chips from six different boulders returned anomalous tungsten values with up to
0.25% WO3. These results continue to point to the western side of Fox has potential for discovery
of tungsten deposits. One traverse across a portion of the monzogranite stock identified abundant
quartz veins with molybdenite and returned values of 0.12% molybdenum and 0.188 g/t gold.
3
*For details of the current 43-101 resource estimate for the RC, BN and BK deposits at Fox see
Happy Creek news release dated February 27, 2018, and the April 9, 2018, technical report, filed
under the Company's profile on SEDAR, dated April 9, 2018 and entitled “NI 43-101 Resource
Update For the RC and BN Zones and Maiden Resource Estimate for the BK Zone of the Fox
Tungsten Project, British Columbia, by Pierre Desautels, P.Geo, AGP Mining Consultants Inc.,
and Paul Berndt, FAusIMM”.
Table 1. Tungsten Intercepts for 2021 Drill Holes in the Nightcrawler - Creek Zone, Fox Project.
Hole # Target Zone From (m) To (m) Interval (m) WO 3 (%)
F21-01 Eastern Creek No Significant Values
F21-02 Eastern Creek 128.00 129.00 1.00 0.74
F21-03 Eastern Creek 133.00 135.20 2.20 0.37
Incl. 133.00 134.00 1.00 0.53
F21-04 Eastern Creek 132.15 133.15 1.00 0.49
F21-05 Southern
Nightcrawler
15.54 16.50 0.96 0.20
F21-05 35.50 37.00 1.50 0.43
F21-05 54.90 56.20 1.30 0.29
F21-05 141.00 142.00 1.00 0.13
F21-05 158.00 160.00 2.00 0.08
F21-05 176.20 178.14 1.94 0.18
F21-06 Northern
Nightcrawler
72.04 75.00 2.96 0.08
F21-06 90.65 92.07 1.42 0.18
F21-07 Northern
Nightcrawler
88.18 90.96 2.78 0.19
F21-07 92.00 94.30 2.30 0.08
F21-07 97.26 101.10 3.84 0.32
F21-08 Northern
Nightcrawler
62.89 68.20 5.31 0.11
Incl. 62.89 64.60 1.71 0.14
F21-08 95.65 97.00 1.35 0.29
F21-09 Northern
Nightcrawler
38.00 40.00 2.00 0.20
F21-09 118.20 122.50 4.30 0.08
F21-09 137.30 144.00 6.70 0.43
Incl. 142.80 144.00 1.20 1.83
F21-10 Northern
Nightcrawler
140.00 142.20 2.20 0.26
F21-10 151.50 152.60 1.10 0.13
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Hole # Target Zone From (m) To (m) Interval (m) WO 3 (%)
F21-11 Northern
Nightcrawler
84.75 85.95 1.20 0.67
F21-12 Northern
Nightcrawler
92.65 94.30 1.65 0.08
Note: The true width of mineralized intervals is estimated to be 70 to 90% of intersected width.
Table 2. 2021 Nightcrawler – Creek Diamond Drill Holes Survey, Fox Project.
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
Table 3. 2021 Fox Prospecting Results.
Sample # Zone Sample
Type
Width
(m)
WO3
(%)
Other Elements
F21DB-R-2 Eastern Creek Boulder 0.57
F21DB-R-3 Eastern Creek Boulder 1.19
F21BK-R-3 Eastern Creek Boulder 2.07
F21DB-8 RC North Chip 1.00 0.06
F21DB-9 RC North Chip 0.80 0.73
F21DB-10 RC North Chip 1.50 0.39
F21DB-11 RC North Chip 0.60 1.16
F21DB-12 RC North Boulder 0.09
F21DB-13 RC North Chip 1.40 2.59
F21BK-2 RC North Chip 1.00 0.03
F21BK-6 RC North Chip 3.00 0.90
F21DB-4 RC South Chip 0.30 1.69
F21DB-5 RC South Chip 0.90 0.73
F21DB-6 RC South Chip 1.50 2.32
F21BK-2 RC South Chip 0.55 0.03
F21DB-7 RC South Chip 0.30 0.62
F21BK-3 RC South Chip 1.00 0.01
F21BK-4 RC South Chip 0.80 0.25
F21BK-5 RC South Chip 0.20 0.19
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Sample # Zone Sample
Type
Width
(m)
WO3
(%)
Other Elements
F21BK-R-1 September Grab 0.01
F21BK-R-2 September Boulder 0.03
F21BK-R-4 September Boulder 0.25
F21BK-7 September Chip 0.30 1240 ppm Mo
F21BK-8 September Chip 0.25 897 ppm Mo, 0.188 g/t Au
F21DB-R-1 West Boulder 3.58
Mr. Peter Hughes, President and CEO of the Company commented “Management is very pleased
with the results from the 2021 exploration program at Fox Tungsten. Drilling hit tungsten
mineralization in eleven of twelve holes that are further defining a continuous mineralized zone at
Nightcrawler and prospecting and geology continues to identify new areas of mineralization that
could potentially expand the size of the existing resource. The Company has plenty of well-defined
drill targets, exciting new prospects and look forward to executing additional large-scale drill and
exploration programs in the future”.
About Happy Creek Minerals Ltd.
Happy Creek is focused on making new discoveries and building resources in proximity to
infrastructure on its 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 Feb. 27, 2018,
and the April 9, 2018, technical report filed under the company's profile on SEDAR for details) as
well as the Nightcrawler - Creek, Discovery, and South Grid zones which have significant
intercepts of tungsten mineralization.
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.
More information on the Company’s projects can be found on the Company’s website at
www.happycreekminerals.com.
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.
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Quality Assurance / Quality Control Procedures
NQ size diamond drill core was split and sampled over intervals ranging from 0.45 to 3.84 m and
averaging approximately 2.0 m. Samples were shipped to, prepared, and analyzed at ALS
Canada Ltd (ALS) in North Vancouver, British Columbia. ALS meets all requirements of
International Standards ISO/IEC 17025:2005 and ISO 9001:2015 for analytical procedures.
Samples are analyzed for tungsten using ALS’s fusion method W-XRF10, and for trace elements
by ultra-trace aqua regia method ME-ICP41. Results for tungsten are presented by ALS in % W.
For it’s own reporting, the Company converts W to WO3 (tungsten trioxide) by multiplying the
reported W value 1.261 to obtain WO 3, which is the compound for which tungsten concentrate
and prices are quoted. In addition to ALS internal laboratory quality assurance / quality control,
Happy Creek implements an internal QA/QC program that includes the insertion of sample blanks,
duplicates, and certified reference standards in the string of drill core samples.
Qualified Person Statement
The technical and scientific contents of this release have been prepared, verified and approved
by Mike Cathro, P.Geo, a director of the Company, and a qualified person pursuant to National
Instrument 43-101 – Standards of Disclosure for Mineral Projects.
On behalf of the Board of Directors,
“Peter Hughes”
President and Chief Executive Officer
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 Regul ation Services Provider (as that term is defined in the policies of the TSX Ventu re
Exchange) accepts responsibility for the adequacy or accuracy of this release.
The reader is cautioned that results or information from an adjac ent property does not infer or indicate similar results or inf ormation
will or does occur on the subject property. Hi storical information from the subject or adjacent property cannot not be relied u pon as
the Company’s QP, a term which was created and defined under NI-43-101, has not prepared nor verified the historical information.
This press release contains "forward-look ing information" within the meaning of ap plicable securities laws, including statement s that
address capital costs, recovery, grade, and timing of work or pl ans at the Company’s mineral projects. Forward-looking information
may be, but not always, identified by the use of words such as "seek", "anticipate", “foresee”, "plan", "planned", "continue", "expect",
“thought to”, "project", "predict", "potential", "targeting", "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, rese rve potential, potential size or scale of a mineralized zone, po tential
expansion of mineralization, potential type( s) of mining, potential grades as well as to Happy Creek’s ability to fund ongoing
expenditure, or assumptions about future metal or mineral pric es, currency exchange rates, metallurgical recoveries and grades,
favourable operating conditions, access, political stability, obtai ning or renewal of existing or required mineral titles, lice nses and
permits, labour stability, market conditions , availability of equipment, accuracy of any mineral resources, anticipated costs a nd
expenditures. Assumptions may be based on factors and events that ar e not within the control of Happy Creek and there is no
assurance they will prove to be correct. Su ch forward-looking information involves known and unknown risks, which may cause the
actual results to materially differ, and/or any future results ex pressed or implied by such forw ard-looking information. Additi onal
information on risks and uncertainties can be found within Financial Statements, Prospectus and other materials found on the
Company’s SEDAR profile at www.sedar.com. Although Happy Creek has attempted to ident ify important factors that could cause
actual actions, events or results to differ materially from those described in forward- looking information, there can be no ass urance
that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such
statements. Happy Creek withholds any obligation to update or revise any forward-looking information, whether as a result of ne w
information, future events or otherwise, unless required by law.
Figure 1. Fox Property Map, Showing Location of Tungsten Zones.
Figure 2. Drill Plan of Nightcrawler – Creek Zone. Fox Tungsten Project.