Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company ” ) , is pleased to
Happy Creek
completes surveys
at
Rateria
-
West Valley
C
opper
P
roperty
, British
Columbia
November 1
4
,
2019
–
Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the
“Company
”
)
,
is
pleased to
provid
e
an update on exploration work on
its
100% owned
mineral
Rateria and West Valley
properties
located
in
the Highland Valley mining district of
south
-
central
British Columbia
, Canada
.
The
Company has
completed a
3
-
dimensional
induced polarization (IP) survey at two areas of
the West Valley property
called
the PIM and Abbott prospects
. In addition, the Company’s 2012
airborne magnetic survey of the entire West Valley property is undergoing a geophysical inversion
to help interpret
major structures and
the
potential
location
and depth
of younger, less
-
magnetic
phases of the batholith th
at
are thought to have developed
the known porphyry copper deposits
in the district.
Airborne high
-
resolution photography of the
Rateria
-
West Valley
property and
geological mapping and prospecting w
ere
also
completed
.
Geological work located s
everal new
cop
per showings an
d other
prospects without
any
work completed since around 1970
.
R
esults
and interpretation
of
work completed to date are pending.
About the Rateria and West Valley property
The Rateria and West Valley mineral property are contiguou
s and total approximately 244 square
kilometres that adjoin and surround the southern side of the Highland Valley Copper
mine
property, Canada’s largest base metal mine. The property is underlain predominantly by the
Guichon batholith which hosts four porp
hyry copper deposits
with
commercial production
continu
ing
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
active
Highmont
open pits
, 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. Drill
grades appear consistent with currently mined deposits in the dist
rict and the zones are open.
The combined 244 Km
2
Rateria and West Valley property
is approximately 90% covered by glacial
till, however
at least 25 known copper prospects
occur
and these as well as the area in between
remain under
-
explored. The property is thought to be a quality copper exploration asset within a
highly productive mineral district.
More detail on the
Rateria
-
West Valley
property can be found on the Company’s we
bsite 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 Provider (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 for
the preparation and approval of
the technical information disclosed in the news release.
Results or information from an
adjoining property does not infer that similar results or information will or does occur on the subject property.
This press release contains "forward
-
looking informat
ion" within the meaning of applicable securities laws, including
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 us
e of words such as "seek", "anticipate", "plan",
"planned", "continue", "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 mi
neralization,
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
opera
ting conditions, access, political stability, obtaining or renewal of existing or required mineral titles,
licenses and permits, labour stability, market conditions, availability of equipment, accuracy of any mineral resources,
anticipated costs and expend
itures. 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 res
ults 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 identify important factors that could cause actual actions, events or results to
differ materially from those described in forward
-
looking informati
on, 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
-
lookin
g information, whether as a
result of new information, future events or otherwise, unless required by law.