Rateria copper property, Highland Valley, B.C. June 6 , 201 7 –
Happy Creek
begins
drill
ing
the
Rateria copper property, Highland Valley, B.C.
June
6
,
201
7
–
Vancouver, British Columbia.
Happy Creek Minerals Ltd. (TSXV: HPY)
(the “Company
”
)
is
pleased
to announce
that
drill
ing is underway on its
100% owned
Rateria
copper property in the Highland Valley
area of
B.C., Canada.
Although the Company remains committed to further development of its Fox tungsten
project
after snow leaves the higher elevations of
the
property
, t
he Company
is
first
conducting a drill program to
explore its
Rateria property.
The Company
is
exploring and
maintaining
approximately 200 square kilom
etres of mineral tenure that adjoin and
surround the southern end of the
Highland Valley
Copper property
,
Canada’s larg
est base
metal mine
.
Happy Creek p
lans
to conduct
step
-
out holes to
expand
the Company’s Zone
2 discovery
that is
located
approximately
6.5 km
southeast of
the currently producing
Highmont open pit, and
test
another target
for
which
no drilling is known.
David Blann, President and C
.
E
.
O
.
of Happy Creek states: “
In 2012, our l
as
t drill hole in
Zone 2 returned
1
52.5 metres of 0.35% copper, and
we had
an interval
with
12.5 metres
of 0.63% copper, 0.66 g/t gold.
The gold
-
copper ratio
in Zone 2 is believed to b
e
much
higher
than other Highland Valley deposits
.
I
n addition to the
potential
for
expanding Zone
2
,
which may
trigger
a
resource
estimate
for
both
Z
one
1 and
2,
there is
clear
opportunity
for the discovery of
new deposits
.
”
The Company is planning to drill
four or
five holes totaling approximately 1500 metres on
the Rateria property b
y the end of June or early July, followed by
exploration
, drilling
and
engineering
-
related
studies
on
its Fox tungsten project
for the balance o
f the season.
About Happy Creek Minerals
Happy Creek is advancing two exploration projects in British Columbia, Canada. The Fox
is a
100% owned
new
tungsten
discovery
with
4
86,000 tonnes grading 0.817% WO3
(Indicated) and
361,000 tonnes grading 1.568% WO3
(Inferred)
.
A portion of the
resource
s are
near
-
surface within
a
3.3:1 strip ratio
open pit
. A
s announced January 26,
2017
,
the
resources have
among the highest
grade
in the western world
and all
seven
zones
are open
to further expansion
within
a 10 km by 3.0 km mineral system.
The
Company
’s objective is
to expand
the
resour
ce
and
potentially conduct a Prel
iminary
Economic Assessment.
The Company’s
100% owned
Rateria an
d West Valley property consist
of approximately
200
square kilometres of mineral tenure
that adjoin
Canada’s largest
open pit copper
producer
.
On the Rateria property, the Company has discovered two new copper
prospects
that are open in extent. Results
from Zone 1 include
95.0 metre
s of 0.67%
copper
and 25
0 metres of 0.25% copper
, and
in Zone
2,
92.0 metres of 0.30% copper,
0.15 g/t gold
and 27.0 metres of 1.0 % copper, 0.24 g/t gold
.
The Rateria
-
West Valley
properties are thought to be quality copper exploration assets
in a camp where four
porphyry
deposits and one skarn have achieved commercial production
.
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
Corporate
Office:
Phone: 604.662.8310
Email:
Website:
www.happycreekminerals.com
Corporate Communications
Ron Birch: Phone: 250.545.
0383
Toll Free: 1.800.910.
7711
Readers are cautioned that results or information from an adjoining property do not infer that sim
ilar results or
outcomes
will occur on the subject property.
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.