Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company ” ) , is provid ing results of further work completed in 2018
Happy Creek
samples
7.43
%
WO
3
at Fox
tungsten property
November 2
1
, 2018
–
Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the
“Company
”
)
,
is
provid
ing
results
of
further
work completed in 2018
on
i
ts 100% owned
Fox
tungsten
propert
y
in
south central
B.C., Canada
.
Following up on prospecting work completed in 2017, in late September 2018 several days of
geological work
focussed to the south of the existing Ridley Creek deposit
, a calc
-
silicate
-
hosted
tungsten sk
arn
. In this area,
three definable layers of
calc
-
silicate rock
occur
that are estimated
to be
up to 30 metres in thickness but are
poorly exposed or buried under shallow soil and talus.
Th
is
favorable geology was
carefully
followed,
and soil or talus
locally cleared off with hand tools
to confirm continuity
along strike
a
nd expose bedrock for chip sampling
.
2018
Ridley Creek
Rock Sample Summary Table
.
* A
ll
mineralized
widths remain open.
G= grab
Sample
W
idth *
W03 %
F18
-
3
0.60
0.453
F18
-
6
&7
3.15
0.
610
F18
-
8
0.35
1.126
F18
-
9
0.35
7.430
F18
-
10
0.20
0.097
F18
-
11
G
0.135
F18
-
12
0.30
0.738
F18M
-
1
0.30
0.113
F18M
-
2
0.30
1.061
F18M
-
3
0.40
0.252
The mineralized sample
widths
are open d
ue
to the gentle dip
of the calc silicate
unit
and soil/talus
cover
which
limited the ability to
expose
the full
thickness
of
bedrock
using hand tools
.
Samples
6 and 7 are
vertically oriented chip samples
on a small cliff
approximately 25 metres south of
previous trenches at t
he Ridley Creek deposit. These samples
together
represent approximately
3.
15
metre
s
averaging 0.61% W0
3
and
the mineralized zone
is open
in width and on
strike
to the
south
. This portion of the Ridley Creek deposit
remains untested by drillin
g.
The other samples collected are located between
100
and
240
metres south of the Ridley Creek
resource
.
Sampl
es
returned values up to 7.43% W0
3
, 0.43% zinc
and d
rilling is required to test
the
total
thickness
and extent
of the
se at
-
surface
mineralized zones
.
Results continue to
return
positive and high
-
grade tungsten
values
in
a
near
-
surface
setting
between the Ridley Creek and
BN
resources
that are approximately one km apart
.
The Company
also
announce
s
that
forestry activities include
a br
idge over Deception Creek
with
plans
to construct
road access
and operations
up
the southwest side of
Deception Mountain to
within approximately
4 km of the BN zone
.
Th
ese
recent development
s
will
not only bring road
access much closer to the Company’s exi
sting resources, but also
to
the western side of the
project area
where no previous exploration has been performed
. On October 18th, two samples
of stream sediment (not pan concentrates) collected from creeks draining the west side of
Deception mountain sh
owed significant visible scheelite (tungsten mineral) under UV light
and
is
a
positive
indication
that a new area of
tungsten skarn
occurs
on
the
property
.
About the Fox tungsten property
The Fox is a new discovery located 75 km northeast of 100 Mile House
, B.C. Happy Creek first
discovered high grade tungsten over significant width by drilling in 2011.
T
he project now has a
resource with 582,400 tonnes (indicated) grading 0.826% WO
3
and 565,000 tonnes (inferred)
grading 1.231% WO
3
. These resources
are from primarily two deposits that
remain open and are
among the highest
grade
in the western world. The
project holds
s
ix significant
at
-
surface
tungsten zones within an area 10 km by 3 km in dimension
.
More detail on the Fox tungsten
propert
y
can be found on the Company’s website at
www.happycreekminerals.com
.
On behalf of the Board of Directors,
“David E Blann”
____________________
_______
David E Blann, P.Eng.
President, CEO
FOR FU
RTHER
INFORMATION,
PLEASE CONTACT:
David Blann, President, CEO
,
James Berard,
C
orporate
D
evelopment
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 Provid
er (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
David Blann, P.Eng.
, Director,
is a Qualified Person as defined by National Instrument 43
-
101 and is responsible f
or
the preparation and approval of the technical information disclosed in the news release.
Tungsten and zinc a
nalyses
are performed
at
SGS Laboratories in
Burnaby, B.C. using a
GE_ICP90A, a peroxide fusion and for samples greater
than 4% W, Go_XRF77B (XRF). Values
of W are converted to W0
3
by multiplying by 1.261.
This press release contains "forward
-
looking information" within the meaning of applicable securities laws, includin
g
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, identified by the use of words such as "seek", "anticipate", "plan",
"planned", "co
ntinue", "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, reserve potential, potential size or scale of a mineralized zone, potential 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 prices, currency exchange rates, metallurgical recoveries and grades,
favourable
operating conditions, access, political stability, obtaining or rene
wal 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. Assumptions may be based on factors and events that are
not within the control of
Happy creek and 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 information. Additional information on risks and uncertainties can be found within
Financial Statements, Prospectus and other materials found on the Company’s SEDAR profile at
www.seda
r.com
.
Although Happy creek has attempted to identify important factors that could 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. Happy creek withholds any obligation to update or revise any forward
-
looking information, whether as a
result of new information, future e
vents or otherwise, unless required by law.