March 12, 2008 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSXV: HPY) announces the final 2007 drilling results from its 100%-owned Rateria Property, located approximately 10 kilometres southeast of Teck Cominco's Highland Valley mine concentrator.

Drilling continues to outline a new copper zone first discovered in 2006. Drill hole R07-09 intersected 10.35 metres grading 1.545% copper and R07-13 intersected 189.3 metres containing 0.222% copper, including 84.0 metres containing 0.302% copper.

Hole	From (m)	To (m)	Width (m)	Copper %
R07-9  includes	68.5 124.5	168.5 168.5	100.0 44.0	0.285 0.385
R07-10  includes	85.0 142.5	158.0 158.0	73.0 15.5	0.511 0.579
R07-11  includes	114.0 134.05	151.0 144.40	37.0 10.35	0.579 1.545
*R07-13  includes	180.67 266.0	370.0 350.0	189.33 84.0	0.222 0.302

                  
                   * New Results

In its 2006 annual report, Teck Cominco reported over $1.0 billion operating profit from material grading 0.412% copper at its 97.5% owned Highland Valley Copper mine, one of the largest, most efficient copper mines in the world. Happy Creek's Rateria property is underlain by geology, alteration and mineralization that is consistent with the Highland Valley type of deposits that are currently being mined by Teck between six and twelve kilometres to the northwest.

"These results are significant in the context of being desirable bornite and chalcocite copper sulphides, with mineralization occurring from surface to 388.0 metres depth and remaining open in extent," says Dave Blann, Happy Creek's president and CEO. "In addition, we have demonstrated the property's potential to host higher grades."

Drill core is comprised of quartz diorite of the Skeena and Bethsaida phase and is cut by Bethlehem phase granodiorite feldspar porphyry. Zones of fracturing contain quartz veins, sericite-muscovite, kaolinite, and local k-feldspar alteration, with dominantly bornite and chalcocite copper sulphide minerals. Bornite and chalcocite are desirable, value-adding minerals within a copper concentrate. Drill hole R07-13 was drilled at minus 70 degrees eastward beneath R07-11 (minus 50 degrees to the east). The mineralized zones are believed to be north-south in orientation and sub-vertical in dip. The final sample of hole R07-13 returned 0.158% copper at 388.3 metres and the end of the hole. Drill holes R07-12 and R07-14 were collared approximately 150 and 130 metres further south of R07-13, respectively, and did not intersect the predicted extension of the mineralized zone. It is believed that a cross cutting, post mineral fault has displaced the expected trend of the mineralized zone either west or east of holes R07-12 and 14, and the zone may continue southwards beyond these holes. A map showing the drill locations will be placed on the Rateria Property page of Happy Creek's website shortly.

Happy Creek will continue exploration of this zone by drilling and has completed a 3D induced polarization geophysical survey that expands upon existing coverage into new areas of the property. The company can now begin to take advantage of its experience with geology, structure and correlating existing geophysical surveys with drill results. This will allow the Company to be better able to define the existing zone and locate new drilling targets on the property.

Paul Reynolds, P.Geo 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. Finally, blind duplicate samples are forwarded to Acme for additional quality control, with the average of the duplicate samples incorporated into the final results.

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.