Happy Creek drills 42.0 metres grading 0.865% copper at Rateria Property, Highland Valley, B.C.



    VANCOUVER, Sept. 16 /CNW/ - Happy Creek Minerals Ltd. (TSX-V: HPY, the
"Company") is pleased to announce it has received preliminary drilling results
from its 100% owned Rateria Copper property. Diamond drilling in 2008 is
testing the "A" target located 12 kilometres southeast of Teck Cominco's
Highland Valley copper concentrator. In its second quarter Teck Cominco
reported a $160 million operating profit from mining an average grade of 0.31%
copper. To date the Company has received results from the first four drill
holes and a portion of the fifth. The Company has drilled a total of nine
holes to date this year.
    Drilling of the "A" target has identified a new zone containing
42.0 metres grading 0.865% copper, 0.012% molybdenum and 4.36 g/t (grams per
tonne) silver in drill hole R08-05.

    
                         Preliminary Drilling Results

    ---------------------------------------------------------------------
    Hole       From      To     Width    Copper    Molybdenum    Silver
               (m)      (m)      (m)       %           %          g/t
    ---------------------------------------------------------------------
    R08-01     169.75   273.0   103.25   0.335
    ---------------------------------------------------------------------
    includes   219.5    231.5    12.0    1.384     0.010         7.11
    ---------------------------------------------------------------------

    ---------------------------------------------------------------------
    R08-05     44.0     179.0   135.0    0.430
    ---------------------------------------------------------------------
    includes   80.0     122.0    42.0    0.865     0.012         4.36
    ---------------------------------------------------------------------
    

    Assay results are pending for 133 metres of drill core beyond the
179 metre depth reported in R08-05. A map showing the drillhole locations and
technical data will be posted to the Company's website shortly. Diamond drill
hole R08-05 is located approximately 200 metres south of hole R08-01. Drilling
to date suggests the mineralized zones are sub-vertical in orientation and
occur from surface to depths of over 350 metres and remain open in extent.
Drill holes R08-02 and R08-04 are located approximately 500 metres west and
350 metres northwest of R08-01, respectively. Hole R08-03 was directed
eastward from hole R08-01. Drill holes R08-02, 03 and 04 tested peripheral
portions of the "A" target and were overall weakly mineralized, however
localized zones contain encouraging copper values.
    Of interest to the Company is a 3.0 metre interval returning 0.645%
copper and 1,479.6 ppb (parts per billion) or 1.48 g/t gold along with other
low but encouraging gold values in hole R08-01, the only hole to date for
which gold results have been received. These gold values in addition to
molybdenum and silver add potential value to the copper zone.
    The mineralized zones in holes R08-01 and R08-05 appear to trend north to
northeast-southwest and are part of a corridor estimated to be over five
kilometres in length and between 350 to 650 metres in width through the
property. To date, mineralization identified within this corridor is comprised
predominantly of bornite and chalcocite copper sulphides that occur in
proximity to district-scale contacts between several phases of the Guichon
Batholith. Bornite and chalcocite are high grade copper minerals that increase
the value per tonne of copper concentrates.
    As a result of the successful exploration efforts this year, Happy Creek
has recently expanded its land position in the Highland Valley area by
purchasing two additional claim blocks (see news release dated September 11,
2008). The Company's 100% owned property now totals almost 13,000 hectares
(130 square kilometres) on the southern side of the productive Guichon
Batholith and adjoins on the east, south and west side, Teck Cominco's
Highland Valley copper property. These additional properties have documented
copper prospects thought to cover prospective geology and structures that
appear similar to the Rateria property and the Company will conduct
preliminary exploration on them this fall.
    The Company is now awaiting assays for all of the holes that will allow
the best possible advancement of this new discovery by further diamond
drilling.

    David 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. All drill core was
logged, split and sampled at a secure core facility. On-site personnel collect
and track samples which are sealed and shipped to Acme Analytical Laboratories
Ltd. in Vancouver. Acme's quality control system complies with the
requirements for the international standards ISO 9001:2000. Analytical
accuracy and precision are monitored at the laboratory by the analysis of
reagent blanks, reference material and replicate samples. Quality control is
further assured by the use of international and in-house standards. Blind
certified reference material is inserted at regular intervals into the sample
sequence by on site personnel in order to independently assess analytical
accuracy. Gold results are by ICP-MS, and repeat analyses by fire assay are
underway.

    
    On behalf of the Board of Directors,

    "David E Blann"

    -----------------------
    David E Blann, P.Eng.
    President, CEO
    

    This news release has neither been approved nor disapproved by the TSX
Venture Exchange. The TSX Venture Exchange does not accept responsibility for
the accuracy or adequacy of the contents of this news release. This news
release may contain statements that are forward looking and subject to risk
and uncertainty more fully described in the company's prospectus and public
filings located on SEDAR.

    %SEDAR: 00023793E




For further information:

For further information: Corporate Office: Phone: (604) 662-8310, Email:
info@happycreekminerals.com; Investor Relations: Hugh Oswald, Ascenta Capital
Partners Inc., Phone: (604) 684-4743 ext. 243, Toll free: 1-866-684-4743 ext.
243

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HAPPY CREEK MINERALS LTD.

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