Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company ” ) , is providing an update on its 100% owned F ox tungsten project in south central B.C., Canada
Happy Creek
provides update on
the
Fox
tungsten
property
September
30
,2019
–
Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the
“Company
”
)
,
is
providing an update
on its
100% owned
F
ox tungsten
project in south central
B.C.,
Canada
.
T
wo
drill
holes totalling approximately 37
2.5
m were
completed
around the Nightcrawler
zone
and
u
ltra
-
violet lamping of drill core suggests
s
cheelite (
tungsten
mineral)
occurs
. R
esults are pending
.
P
oor
weather
and forecast
conditions
for
Deception mountain
into October
were not
considered
safe or
cost
-
effective
for starti
ng a h
elicopter
-
supported drill
program
at this time of year
.
The project
’
s
current resources
on Deception Mountain
are hosted within tungsten
-
bearing calc
-
silicate
/
skarn units that
formed from
multiple
continental
shelf
-
type limestone
-
marble layers up to
30 metres
or greater
in thickness
and
contain tungsten mineralization in outcrop
s
and drill holes
for
at least three km in a north south direction.
Surface g
eological work conducted over the past
two years indicat
es
potential for the favorable tungsten
-
host layers to continue
westward
through
Deception
M
ountain, possibly up to 5 km distance.
The Company
is funded
t
o
test th
is
potential
as part of its resource expansion program
next sprin
g
.
About the Fox tungsten property
The Fox
tungsten property is located 75 km northeast of 100 Mile House in south Central B.C.
The Company has advanced the
project
from an early stage
to discovery
and a
s announced
February 27, 2018,
it
currently
hosts a resource of 582,400 tonnes of 0.826% WO
3
(indicated)
and 565,400 tonnes of 1.231% WO
3
(Inferred), that is among the highest grade in the western
world
,
and
a portion
is
within an open pit
shell
.
The Fox has a mineral system 12km by 5 km in
dimension with n
u
merous
surface
showings
of tungsten and drill holes with intervals
above cut
-
off grade
occur that are
open.
More detail on the Fox tungste
n
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 FURTHER
INFORMATION,
PLEASE CONTACT:
David Blann, President, CEO
,
Office:
Phone: 604.662.8310
Email:
Website:
www.happycreekminerals.com
Neither the TSX Venture Exchange nor its Regulation Services Provide
r (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 fo
r
the preparation and approval of the technical information disclosed in the news release.
This press release contains "forward
-
looking information" within the meaning of applicable securities laws, including
statements that address capital costs, recover
y, 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", "continue", "expect", “thought to”, "project", "pre
dict", "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 renewal of existing or required mineral titles,
lice
nses 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.sedar.com
.
Although Happy creek has attempted to ide
ntify 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 even
ts 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 events or otherwise, unless required by law.