Happy Creek Minerals Ltd

Published : September 22nd, 2009

Announces Drilling is Underway on the Rateria Copper Property, Highland Valley Area, B.C

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Keywords :   Canada | Copper | Diamond | Gold | K Street | Molybdenum | Silver |

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Happy Creek Announces Drilling is Underway on the Rateria Copper Property Highland Valley Area, B.C

September 22, 2009 -- Vancouver, British Columbia -- Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce that drilling has commenced on its Rateria property that adjoins the southeast, Teck Resources Ltd's Highland Valley copper mine property. The Highland Valley Copper mine is North America's third largest copper producer.

The 2009 Diamond drilling program is planned to expand on the positive drill results returned from Zone 1 and 2 that were first discovered by the Company between 2006 and 2008. Results from Zone 1 include 100.0 metres grading 0.29 percent copper, 84.0 metres of 0.30 percent copper, and 10.4 metres grading 1.55 percent copper. Several holes ended in copper mineralization. Results from Zone 2 include 177.0 metres grading 0.37 percent copper including 27.0 metres grading 1.05 percent copper, 0.02 percent molybdenum, 5.0g/t (grams per tonne) silver and 0.24g/t gold, as well as 153.1 metres containing 0.24 percent copper, including 17.5 metres containing 1.12 percent copper. These two positive drill intercepts from Zone 2 are two hundred metres apart and remain undefined and open in extent. Drilling is planned to test for extensions of Zone 2 that occur in a five kilometre long "corridor" defined by positive geophysical and geological information.  

The Company also announces preliminary results from the 100% owned West Valley property that adjoins the southwest portion of Teck's Highland Valley Copper property. Preliminary results from the 2009 geological mapping program include the location of the new NTP zone that was exposed during recent logging road construction. Here, two grab samples approximately 65 metres apart returned 1.7 percent copper, 0.37 g/t gold and 1.4 percent copper, 0.27 g/t gold. Other mineralized outcrops occur up to one kilometre away including 0.80 percent copper, 0.07 g/t gold. This new mineralized zone occurs between two other historical copper prospects and together defines an area of interest approximately 2 kilometres by 1.5 kilometres in dimension. Grid lines are currently in preparation for a 3D induced polarization and magnetic geophysical survey over this area.

The Company has assembled a 100 percent interest in over 140 square kilometres of mineral claims within one of North America's most prolific copper mining camps. To date Happy Creek has discovered by drilling two new zones containing significant copper grades that remain undefined and open in extent, and identified several other prospective targets that are also planned for drilling this year.

The Company currently has working capital of approximately $1.7 million.


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$ 3.6 millions as of today (US$ 2.9 millions, € 2.5 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.34, and its lowest recent point on December 24, 2008 at CA$ 0.04.

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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