Happy Creek Minerals Ltd

Published : January 22nd, 2009

provides an update on the Hawk Copper-Gold Silver Prospect in B.C.

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Keywords :   Canada | Copper | Gold | Iron | K Street | Silver |

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Happy Creek provides an update on the Hawk copper-gold silver prospect in B.C.

January 22, 2009 -- Vancouver, British Columbia -- Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce it has completed the 2008 exploration on its Hawk and Grey properties, located approximately forty kilometres northeast of 100 Mile House, in central British Columbia, Canada.

The Hawk property is an alkaline porphyry copper-gold-silver system within the Quesnel Trough geology that hosts the Mount Polley mine to the northwest and Afton mine to the southeast. During 2008, the Company expanded the 3D Induced Polarization (3D IP) geophysical survey performed in 2007, and conducted geology, geochemistry, and a magnetic geophysical survey. The 2008 3D IP survey has expanded to the south the positive anomaly first identified in 2007.

Historical drilling on the property was focused on the west and northwest side of the property with results including three metres grading 0.79 percent copper, 1.73 g/t (grams per tonne) gold and 9.43g/t silver in hole 82-4, and 1.83 metres containing 0.93 percent copper, 3.1 g/t gold and 12.34 g/t silver in hole 82-5. Surface rock samples have returned up to 4.5% copper, 18.0 g/t gold and 105.7 g/t silver in boulders, and 5.0 metres containing 0.88% copper and 1.07 g/t gold in outcrop. These and numerous other localized and relatively high grade copper-gold-silver showings occur over a 3.5 kilometre by 1.5 kilometre area and are in part hosted within quartz veins and propylitic to calc silicate (skarn) altered volcanic-sedimentary rocks of the Nicola Group. The Company feels these showings may be the result of an underlying bulk tonnage copper-gold system nearby.

The expanded 3D IP geophysical survey has identified a positive anomaly starting from surface on the east side of the grid that dips gently west for over one kilometre. Overall, this target area is approximately 1.7 kilometres by 800 metres in dimension that remains open to the south. The surface expression of the anomaly on the eastern side contains local outcrops of volcanic and porphyritic intrusive rocks that are propylitic to potassic altered, and contain dominantly pyrite (iron sulphide) and iron oxide minerals, with localized anomalies of copper and gold in rock and glacial till (soil). The geology, alteration and mineralization are thought to reflect the periphery of a porphyry copper-gold system. Importantly, the core of the central and western portion of the 3D IP anomaly occurs below surface, and cannot be directly observed. A plan and sections of the 3D IP survey along with some new photos are posted to our website.

The Company is pleased to have identified a new bulk tonnage copper-gold target having considerable dimensions that is fully permitted for trenching and drilling.

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

 
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

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.

 



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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