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FOXT.V ·

Happy Creek Minerals Ltd. Appoints Strategic Advisors

Management Changes

Happy Creek Minerals Ltd. Appoints Strategic Advisors

January 9, 2023, Vancouver, British Columbia – Happy Creek Minerals Ltd. (TSX-V: HPY)

(“Happy Creek” or the “Company”) is very pleased to announce that Mr. Finley Bakker, P.Geo

and Mr. Kent Pearson, P.Geo have been appointed as Strategic Advisors and consultants to the

Company effective immediately.

Mr. Peter Hughes, President and Chief Executive Officer said “On behalf of Happy Creek, I would

like to welcome Mr. Bakker and Mr. Pearson to the team to assist with the development of the

Company’s world class Fox tungsten project and the Highland Valley copper-molybdenum-gold-

silver project.

Mr. Bakker is a seasoned Professional Geoscientist with over 40 years of experience leading

geological and engineering teams in the mining industry with expertise in both underground and

open pit operations. Mr. Bakker has a proven record of resource and reserve estimation and

expansion and has worked for Hawthorne Gold Corp., Adanac Molybdenum Corporation, North

American Tungsten, Westmin Resources and Noranda Mines Geco. Mr. Bakker also worked as

Superintendent of Technical Services he was responsible for mining geology, exploration

geology, engineering and resources and reserves estimation at the Cantung tungsten mine. This

is of particular value to Happy Creek’s shareholders through the planned development of the

Company’s Fox tungsten project.

Mr. Pearson is a Professional Geoscientist and senior executive with more than 30 years’

experience in the mining and capital markets sector with global experience throughout the

Americas, Australia and Africa. Mr. Pearson’s mining experience spans from grassroots

exploration through to mine production (open pit and underground) with Noranda Exploration Ltd.,

Bethlehem Resources Corp, Hemlo Gold Mines Inc, Murchison Minerals Ltd. Mr. Pearson has

held executive roles in mining and energy investment banking and as President and CEO in the

junior mining sector. He has been involved in over $2.0 billion in transactions during this time. Mr.

Pearson holds a bachelor’s degree in Geology from the University of Alberta and an MBA from

Queen's University.

Mr. Walter Segsworth, Chairman stated “The Board of Directors of the Company welcome

Messrs. Bakker and Pearson and believe that their backgrounds will augment the existing

strengths of the Board and will be of great benefit to the Company and the shareholders going

forward.”

In addition, the Company has issued 500,000 options to certain officers, directors and other

eligible persons of the Company. The options are exercisable over a period of five years at a price

of $0.05 per share.

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%-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.

More information on the Company’s projects can be found on the website at

www.happycreekminerals.com.

Indigenous Communities

Happy Creek Minerals is committed to responsible mineral resource development. The

Company’s priority is to build and sustain mu tually beneficial relationships with Indigenous

Communities in the territories in which we explore.

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.

On behalf of the Board of Directors,

“Peter Hughes”

President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:

Peter Hughes, Chief Executive Officer

Office Phone: (604) 802-7372

Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is def ined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.