Happy Creek Minerals Ltd. commences exploration on the Hawk copper-gold property


    VANCOUVER, June 14 /CNW/ - Happy Creek Minerals Ltd. (TSX-V: HPY) (the
"Company") announces that it has started fieldwork on its Cariboo properties,
located northeast of 100 Mile House in the south central Cariboo region of
British Columbia. The Company has a 100% interest in five properties that are
located adjacent to or in proximity with the former Boss Mountain molybdenum
    Exploration has commenced on the Hawk copper-gold property located
approximately 24 kilometres south of the Boss Mountain molybdenum mine. This
property is underlain by the central portion of the Quesnel Terrane, a belt of
rocks in B.C. that contains a number of producing and advanced stage
exploration bulk tonnage, or porphyry copper-gold deposits. In the first few
days of exploration in 2007, prospecting has located three new copper showings
that increase the area of known mineralization and potential of the property.
Soil geochemical and induced polarization geophysical surveys and trenching,
followed by diamond drilling is planned for 2007.
    The geology of the Hawk property is consistent with a bulk tonnage
alkaline copper-gold porphyry or skarn (replacement style) deposit with rock
samples containing encouraging values over a large area. Examples include
Copper Mountain (southern B.C.) and Mt Polley (central B.C.). On the western
side of the property, a previous drillhole from 1982 returned 0.61 metres
containing 2.0% copper, 6.13 g/t gold and 28.0 g/t silver. Recent logging
activity over the past five years has exposed partially buried boulders and
new outcrop. A summary of historical rock sample highlights over a distance of
approximately two kilometres from north to south respectively, is provided in
the following table.

                     Hawk Property Surface Rock Samples
            Sample                    Copper     Gold      Silver
            Type                        %         g/t        g/t
            boulder                    1.20      1.30        6.2
            boulder                    0.60      2.86       12.0
            outcrop-5.0metre panel     0.88      1.07        6.9
            subcrop grab               2.49      3.06       25.7
            boulder                    4.50     18.00      105.7
            subcrop grab               2.17      5.35       15.0
            boulder                    0.53      2.55        8.0

    Mineralization of the above samples is comprised predominantly of
bornite, chalcocite/digenite with minor chalcopyrite (copper sulphides) and
low concentrations of pyrite (iron sulphide). A second style of mineralization
consists of dominantly chalcopyrite, minor bornite and trace to 3% pyrite. A 
2005 airborne radiometric and magnetic survey produced patterns consistent
with other known porphyry copper-gold deposits in B.C. These magnetic and
radiometric signatures are readily correlated on the ground with the above
rock samples and importantly, large unexplored areas remain.
    Prospecting of these areas during the past week has returned three new
zones containing copper sulphides in outcrop, subcrop and boulders, and
samples will be sent to the lab shortly.
    The Company has negotiated an option agreement on the Grey claims that
adjoin the Hawk property to the south. Under the terms of the option
agreement, the Company has the right to earn a 100% interest in the Grey
property by making staged cash and share payments over 5 years totaling
$100,000 cash and 300,000 shares. The option is subject to a 2.0% net smelter
return royalty in favour of the vendor. The Company may purchase half of the
net smelter return royalty from the vendor (leaving the vendor with a 1% NSR)
for $1,000,000. Surface rock samples on the Grey property have returned 1.38% 
copper, 0.27 g/t gold, and 0.64% copper, 0.36 g/t gold that are believed to be
on the same mineralized trend as the Hawk property, and extend the favorable
zone to three kilometres.
    Phase one exploration on the Hawk property in 2007 is planned to consist
of prospecting, geology, soil and induced polarization geophysical surveys
followed by trenching and diamond drilling later in the year.

    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.

    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: Office phone: (604) 662-8310, Toll Free Phone:
1-877-662-8310, www.happycreekminerals.com, Info@happycreekminerals.com

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