Happy Creek Minerals Ltd

Published : October 01st, 2009

Provides an Update on its Hen Property, B.C.

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Keywords :   Antimony | Canada | Copper | Gold | Iron | K Street | Lead | Molybdenum | Zinc |

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Happy Creek Provides an Update on its Hen Property, B.C. 

October 1, 2009 -- Vancouver, British Columbia -- Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces it has completed 842 metres of trenching on its 100% owned Hen property, located approximately 45 kilometres northeast of 100 Mile House, and ten kilometres southeast of the former Boss Mountain molybdenum mine, in south-central British Columbia, Canada. 

The Anomaly Creek Prospect

The Company recently completed 371 metres in 12 trenches covering portions of a positive 3D Induced Polarization (3D IP) and magnetic geophysical anomaly and widespread positive copper, lead and zinc values in soil and surface rock samples. This prospective area is approximately one kilometre by one kilometre in dimension and is part of a much larger mineralized system that remains open in extent. Trenches were located on the west and east side of a northerly trending swampy area that is approximately 500 metres to a kilometre in width and over two kilometres in length.

Geologically, the Anomaly Creek area is underlain by the northerly trending contact between rocks of monzodiorite to quartz diorite composition and volcanic and minor sedimentary rocks of the Nicola Group. Dykes of intermediate to mafic composition cut the volcanic and intrusive rocks. All rocks are moderate to strongly fractured and contain variable amounts of dominantly quartz and sericite alteration minerals that are either in veinlets or disseminated. Trace to 15% pyrite (iron sulphide), and variable concentrations of gypsum and chalcopyrite (copper sulphide), sphalerite (zinc sulphide), and galena (lead sulphide) occur in all trenches.

The results to date from the Anomaly Creek prospect are thought to reflect potential for a new bulk tonnage copper deposit that remains untested by drilling.  

The Hen Prospects

To the east of the Anomaly Creek prospect, the Hen and Ledge prospects were trenched with 471 metres in 11 trenches. This work was focused on the Dyke zone, where previous chip sampling returned 3.5 metres grading 3.46 g/t gold that remained open in extent, and grab samples contain up to 35.0 g/t gold. Further east, the Ledge and Southeast skarn showings have returned grab samples containing a large number of geochemically anomalous samples (greater than 40 parts per billion) up to 1.10 g/t gold. 

These positive gold values occur along a three kilometre easterly trending zone of hornfelsed, calc silicate and quartz-carbonate altered volcanic and sedimentary rocks and contain abundant pyrrhotite, pyrite (iron sulphides) and locally arsenopyrite (arsenic sulphide), stibnite (antimony sulphide) and chalcopyrite (copper sulphide) trace elements. 

Complete analytical results from the 2009 trenching program are expected within four to six weeks.

On behalf of the Board of Directors,


"David E Blann"

____________________

David E Blann, P.Eng.
President

FOR FURTHER INFORMATION PLEASE CONTACT: 

Corporate Office:
David Blann, President
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
Email: hugh@ascentacapital.com

Neither 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.

 



Ascenta Capital Partners Inc. � Suite 1610, 1066 West Hastings Street � Vancouver � BC V6E 3X1 � Canada

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Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Happy Creek Minerals Ltd

EXPLORATION STAGE
CODE : HPY.V
ISIN : CA4113831024
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Happy Creek Min. is a silver and gold exploration company based in Canada.

Its main exploration properties are HAWK, WEST VALLEY and FOX in Canada.

Happy Creek Min. is listed in Canada. Its market capitalisation is CA$ 2.8 millions as of today (US$ 2.0 millions, € 1.9 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.34, and its lowest recent point on February 09, 2024 at CA$ 0.02.

Happy Creek Min. has 79 240 000 shares outstanding.

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Nominations of Happy Creek Minerals Ltd
7/8/2009appoints Mr. Charles Chebry as Chief Financial Officer
2/28/2008Appoints Brian Welwood as Director and Chief Financial Offic...
Project news of Happy Creek Minerals Ltd
10/1/2009(Hen)Provides an Update on its Hen Property, B.C.
9/22/2009(Rateria)Announces Drilling is Underway on the Rateria Copper Propert...
8/19/2009(Art-dl)commences exploration on its Highland Valley and Cariboo pro...
6/23/2009(Silverboss)provides additional results from its Silverboss property, B....
6/11/2009(Fox)Provides Additional Results From The Fox Tungsten Molybdenum...
2/24/2009(Art-dl)identifies new gold targets on its Art-DL property, B.C.
2/5/2009(Hen)provides an update on its Hen property, B.C.
1/12/2009(Rateria)drills 177.0 metres of 0.366% copper at the Rateria Property...
12/22/2008(Silverboss)Acquires Mineral Claims Adjoining its Silverboss Property
11/28/2008(Fox)Finds 1.0 Metre of 5.81% Tungsten on Surface at the Fox Prop...
9/16/2008(Rateria)Drills 42.0 metres Grading 0.865% Copper at Rateria Property...
9/12/2008(Rateria)on the Rateria Property, Highland Valley, B.C.
8/5/2008(Rateria)Correction: Happy Creek Completes Option -- Now Owns 100% of...
8/5/2008(Rateria)Completes Option -- Now Owns 100% of Rateria Copper Property
7/22/2008(Rateria)Provides a Drilling Update on the Rateria Copper Property
6/23/2008(Rateria)Commences Drilling on the Rateria Property, Highland Valley,...
3/12/2008(Rateria) Drills 10.35 metres of 1.545% Copper at Rateria Property
3/11/2008(Fox) Intercepts 5.0 metres of 0.33% W03 (Tungsten Trioxide) on F...
2/26/2008(Rateria)Drilling Confirms New Large-Scale Tungsten-Moly System on Fo...
2/21/2008(Fox) Drilling Confirms New Large-Scale Tungsten-Moly System on F...
Corporate news of Happy Creek Minerals Ltd
7/13/2016Happy Creek Announces a Private Placement Financing
6/6/2016Happy Creek finds new tungsten zone on Fox property
5/29/2016Happy Creek to update Fox NI43-101 with new metallurgy resul...
1/4/2016Happy Creek samples 3.56% W03 and expands high grade BK zone...
4/23/2013Happy Creek April 15/13 Article
7/27/2012Happy Creek
1/13/2012Happy Creek News Release and IP images of tungsten deposit.
11/28/2011Happy Creek News Release
11/13/2009Expands Zone 2 in 2009 Highland Valley Drill Program
1/22/2009provides an update on the Hawk Copper-Gold Silver Prospect i...
1/21/2009at 2009 Vancouver Cambridge Conference
5/1/2008Shareholder Letter - May 1, 2008
4/1/2008Provides a Review and Update of Projects and its Plans for 2...
3/31/2008at 2008 Kamloops Explorations Group (KEG) Conference
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