FOXT.V · 2018-05-29 12:00:00

Rateria and West Valley property in the Highland Valley B.C. During the past year the Company added 6,849

Corporate Updates

Happy Creek

begins fieldwork

Highland Valley, B.C.

May

201

–

Vancouver, British Columbia.

Happy Creek Minerals Ltd. (TSXV: HPY)

(the “Company

”

)

is pleased to announce that field work is underway on its

100% owned

Rateria and West Valley property

in the Highland Valley B.C.

During

the past year

the Company added

6,849

hectares

of mineral

tenure

its

100%

owned

Rateria

West Valley

copper property

and

the project

now total

approximately 244

square kilometres

In 2017, the Company continued to define and expand Zone 2 on the

Rateria property. As announced August 29

2017 and February 8

2018

drill hole

returned 5.0 metres of 4.4% copper, 0.21 g/t gold, 20.0 g/t silver, 0.03% molybdenum

and 6.86 g/t rhenium

that is 200 metres east of Zone 2. R17

05 returned

105.5 metres of

0.37% copper, 0.14 g/t gold, 1.9 g/t silver and 0.63 g/t rhenium

. S

tarting at 55 metres

R17

08 returned 82.5 metres of 0.29% copper and 66 metres of 0.35% copp

. Drilling

2017 expanded Zone 2 and suggests mineralization occurs over a much broader area

than previously thought.

The Company

has

also

completed a

review and compilation of

pertinent exploration wo

going back to the late 1950’s

for the entire property

including

the newly acquired mineral

tenure.

This

process

is useful for exploration targeting

as well as

in preparing

NI43

101

reports

Historical work was fragmented by

multiple owners of

generally

irregular

shaped

smaller

size claims

and

affected by

ext

ensive

glacial till and thick forest cover. Happy

Creek has

assembled

the

current

mineral property

with

greatly improved access and

surface visibility due to on

going

logging

activities.

The compilation of historical work

long with

the Company’s own data

has identified

significant gaps

in exploration

and

under

explored areas

Field work is underway to geologically map the property

with attention to areas of known

mineralization

as well as

new

areas

thought to have copper deposit potential

identified by

the compilation work

This work is expected to take approximately six weeks.

David Blann, P.Eng., President of Happy Creek Minerals

states: “The discovery of

Zone

1 and 2

confirms

that significant new prospects can be found

in th

district

having

continuous mining for over 50 ye

ars

he Rateria and West Valley property ha

now

reached a size

that is

ideal for a

large

scale view of

exploration

and

while

his mining

camp has

already

produced several

substantial

copper

deposits,

there

are

areas

without

uch

exploration.

With

the prospective geology, location and large mineral tenure

package

this

an excellent opportunity to

use modern techniques and tools to

for

new

large

copper

depos

its in this prolific copper district.”

About the

Rateria and West Valley

property

The

Rateria and West Valley 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 achieved commercial production.

Happy Creek has discovered two new copper zones

thought to have near

term resource

potential. 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

grades

appear

consistent

with

currently mined deposits in

the district

. Within a large

mineralized

envelope,

the best

grade portion of

each

zone is

approximately

one

km in length and up

150 metres in width

and

extend from surface to

over 350 metres below surface and are

open.

These

two

zones a

approximately four km apart

thought to have near

term

resource potential

and

are

ated

6.5km southeast of the producing Highmont deposit

part of the Highland Valley copper mine

operation

The combined 2

Rateria and West Valley property contains

at least 25

known

copper prospects

and

these as well as

other

areas

remain

under

explored

. T

he property

is thought to be a quality copper explo

ration asset

within a highly productive mineral

district

On behalf 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 Be

rard

, Assistant

Corporate Office:

Phone: 604.662.8310

Email:

[email protected]

Website:

www.happycreekminerals.com

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.

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 property do not infer that similar

results will occur on the subject property.

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