VANCOUVER, Oct. 3 /CNW/ - Happy Creek Minerals Ltd. (TSX-V: HPY) (the
"Company") has begun drilling on its 100% owned Fox tungsten-molybdenum
property located approximately 30 kilometres east of the former Boss Mountain
molybdenum mine, in the south central Cariboo region of British Columbia.
Here, drilling of up to 15 holes is planned to test a 2.0 kilometre by 500
metre area comprising the Nightcrawler and Discovery zones that contain
positive values of tungsten and molybdenum in silt, soil and rock samples. The
Fox property is a new B.C. prospect that has not been previously drilled.
A Cretaceous aged granite intrusion occurs at both the Boss Mountain mine
and Fox property and believed to be the source of the tungsten and molybdenum.
The presence of the Cretaceous aged intrusion and metasediment-carbonate units
at the Fox property has created a favorable geological environment for skarn
(chemical replacement and mineral addition) and fracture-filled style
mineralized system. Locally significant tungsten (up to 4.25% W) and
molybdenum (up to 4.99% Mo) occur in rock samples over a large area along the
contact of the south side of the granite intrusion. Recent trenching of the
Nightcrawler and Discovery zones have identified tungsten (scheelite mineral)
and molybdenite (molybdenum sulphide) in outcrop and, where overburden was
found to be too deep, subcrop boulders and angular blocks of mineralized skarn
approximately 0.5-2.0 metres in thickness. Initial geochemical results have
returned over-limit samples that require re-assaying, and complete results are
expected in approximately 10 days.
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.
On behalf of the Board of Directors,
"David E Blann"
David E Blann, P.Eng. President
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
For further information:
For further information: David E Blann, P.Eng. President, Office phone:
(604) 662-8310, Toll Free Phone: 1-877-662-8310, www.happycreekminerals.com,