News release
Happy Creek
provides update on
fieldwork
at
Highland Valley, B.C.
July
20
th
,
201
8
–
Vancouver, British Columbia.
Happy Creek Minerals Ltd. (TSXV:
HPY)
(the “Company
”
)
is
p
erforming geological mapping on its
100% owned
,
244 square
km Rateria and West Valley propert
ies
in the highland Valley, B.C.
.
Over the past 6
weeks,
this
mapping has
focused on the Rateria property and
located many
old
trenches
,
mineralized prospects and
other
outcrops
uncovered by
recent logging operations.
As
over 90% of the property is covered by glacial till, data from a
ny
visible bedrock is
important.
The geological focus was to identify the specific rock types, structures,
alteration and mineralization present and
merge
the data
with subsurface information
from geophysics and historical drilling. This
is generating
a
large
-
scale
property
-
wide
perspective
for prioritizing exploration for new porphyry copper deposits
.
T
he program has
so far,
returned two main
findings
.
M
ore
felsic
, younger
phases of the
Guichon
batholith
extend
much
further
east
on
to
the Rateria property than
historical
regional
maps indicate
.
Further, favorable
geology and copper showings occur in
several
large
-
s
cale corridors that extend
through the property.
Tourmaline and
sericite
hydrothermal breccia containing bornite in the cement occurs in one of the areas that
remain
s
untested by drilling.
Having the favorable geology and identifying batholith
-
scale
structu
res containing copper showings is thought to
increase the potential for the
development of
large scale
porphyry systems
.
David Blann, P.Eng., President of Happy Creek Minerals
states: “
Our
discovery of Zone
1 and 2
along with the
current 244 square km of mineral tenure has provided
the
experience and
opportunity
in
conducting
a
large
r
-
scale view
of exploration
.
With
the
progress in unravelling this
prospective geology
and success to date, we are optimistic
that the discovery of ano
ther big deposit is achievable
.”
About the
Rateria and West Valley
property
The
Rateria and West Valley
mineral
property
are contiguous and
total approximately 244
square kilometres
that
adjoin and surround the southern
side
of the
Teck Resources’
Highland Valley Copper property, Canada’s largest base metal mine
.
The property is
underlain predominantly by the Guichon batholith which hosts four porphyry copper
deposits that have
together
achieved commercial production
for over 50 years
.
Happy Creek
has discovered two new copper zones thought to have near
-
term resource
potential
and are located approximately 6.5km southeast of the producing Highmont
deposit, part of the Highland Valley copper mine operation
. Drilling by the Company
in
Zone 1 and 2
has
returned 95.0 metres of 0.67% copper
and 152.5 metres of 0.35%
copper, 0.12 g/t gold
, respectively
. Dril
l
grades
appear
consistent
with
currently mined
deposits in the district
and the zones are open
.
The combined 2
44
Km
2
Rateria
and West Valley property contains
at least 25
known
copper prospects
and
these as well as
other
areas
in between
,
remain
under
-
explored
.
T
he property
is thought to be a quality copper exploration asset
within a highly productive
mineral district
.
On beh
alf of the Board of Directors,
“David E Blann”
____________________
David E Blann, P.Eng.
President, CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
David Blann, President, CEO
James Berard,
Corporate Development
Corporate Office:
Phone: 604.662.8310
Email:
Website:
www.happycreekminerals.com
Investor Relations:
Bircress
Corporate
Relations Inc.
Ron Birch: Phone: 250.545.
0383
Toll Free: 1.800.910.
7711
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
news release.
Da
vid Blann,
P
.Eng. is a Qualified Person as defined by National Instrument 43
-
101 and is responsible for the preparation and
approval of the technical information disclosed in the news release.
Readers are cautioned that results or information
from an adjoining propert
y do not infer that similar results will occur on the subject property.