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Happy Creek Minerals Ltd.

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Summary

Project:

Fox

Deposit:BN Zone
Location:Canada
Commodities:Tungsten
Date:10/24/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:24-10-2017: Happy Creek Minerals Ltd. announces an Exploration/Drilling Update report for its BN Zone deposit at the Fox project. Drilling results incl. 5.1m @ 2.98% WO3 from 44.8m. October 24, 2017 – Vancouver, British Columbia. Happy Creek Minerals Ltd.
Resources:(Resource, Inf.): 254kt @ 1.892% WO3 at BN Zone
CP/QP:[Overall Report]: David Blann (Internal)
ABSTRACT:October 24, 2017 – Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company”) is pleased to announce results from drilling at the BN zone on its 100% owned Fox tungsten property, located 90 km northeast of the town of 100 Mile House, in south central B.C., Canada. During 2017, drilling was performed on the BN, Ridley Creek and Nightcrawler-South Grid zones. Preliminary results for the BN zone are reported here for 4,446.3 metres of drilling in 38 holes. Final results for the project, including the Ridley Creek and South Grid zones and zinc, indium, bismuth, gold and silver values will be released after all results have been received. The BN zone consists of Upper, Middle and Lower tabular-shaped layers of calc silicate (skarn) that are cut by varying thicknesses of monzogranite, alaskite to aplite intrusive rocks. On January 26, 2017 the Company announced as part of the total project resource, a first-time inferred resource for the BN zone of 254,000 tonnes grading 1.892% WO3 (tungsten trioxide). New drilling results for tungsten (WO3- tungsten trioxide) are referenced relative to the nearest previous drill hole intercept within the current resource. True widths are estimated to be 75-95% of reported drill intervals.

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