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Happy Creek Minerals Ltd.

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Summary

Project:

Fox

Deposit:BN Zone
Location:Canada
Commodities:Tungsten-Zinc-Indium-Gold
Date:10/31/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:31-10-2016: Happy Creek Minerals Ltd. announces an Exploration/Drilling Update report for its BN Zone deposit at the Fox project. Drilling Results incl. 4.0m @ 1.36% WO3, 3725 ppm Zn, 1.9% Indium, 23 ppb Au from 70.80m. October 31, 2016 – Vancouver, Briti
Resources:(Resource): 505Kt @ 0.468% WO3 (Ind.) and 280Kt @ 0.456% WO3 (Inf.)
CP/QP:[Overall Report]: David Blann (Internal)
ABSTRACT:October 31, 2016 – Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company”) is pleased to announce additional drill results from the 2016 exploration program on its 100% owned Fox tungsten property, located northeast of 100 Mile House, in south central British Columbia, Canada. Results of the first batch of holes from the BN zone were announced October 24th up to hole F16-19. Results reported here are for the final 6 holes (numbered F16-20 to F16-25) at the BN zone. A map showing the location of the various mineralized zones on the property can be found on the Company’s website at www.happycreekminerals.com. A map of the BN prospect drill holes can be found attached to this news release on the Company’s website. Drill hole F16-20 returned 5.0 metres of 0.97% WO3 and is located approximately 70 metres east of drill hole F16-18 (3.0 metres of 1.07% WO3). Drill hole F16-22 is located approximately 65 metres southwest of drill hole F12-28 (2.90 metres of 1.20% WO3) and returned 4.0 metres of 1.36 % WO3. Drill hole F16-21 is located approximately 70 metres east of drill hole F16-17 (4.1 metres of 5.1% WO3) and returned two low grade intervals thought to be beyond a marble front. Drill hole F16-23 is located approximately 65 metres southwest of drill hole F16-17 and returned 9.5m of 0.12% WO3, including 2.0 metres of 0.30% WO3. Drill hole F16-24 is located approximately 80 metres west of drill hole F16-22 and returned 2.0 metres of 0.24% WO3 and 10.0 metres of 0.21% zinc. Drill hole F16-25 is located approximately 75.0 metres south of F16-24 and intersected a granite stock. Additional geological work is required to determine true thicknesses of the intervals.

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