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Happy Creek Minerals Ltd.
Summary
| Project: | Fox | |
|---|---|---|
| Deposit: | Nightcrawler | |
| Location: | Canada | |
| Commodities: | Tungsten | |
| Date: | 11/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-11-2019: Happy Creek Minerals Ltd. announces an Exploration/Drilling Update report for its Nightcrawler deposit at the Fox project. Drilling results incl. 6.3m @ 0.43% WO3 from 71.5m. November 4,2019 – Vancouver, British Columbia. Happy Creek Minerals L | |
| Resources: | (Resource): 0.582Mt @ 0.826% WO3 (Ind) and 0.565Mt @ 1.231% WO3 (Inf) | |
| CP/QP: | [Overall Report]: David Blann (Internal) | |
| ABSTRACT: | November 4,2019 – Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company”), is pleased to provide an update on its 100% owned Fox tungsten project in south central B.C., Canada. In 2019, two drill holes were completed at the Fox tungsten property totalling 372.5m in the Nightcrawler zone within logging clear-cuts and roads. Since 2017, the Company has done more detailed work in this area and recognized a potential resource opportunity based on several widely spaced holes containing encouraging grade-widths. The two holes returned 4m of 0.29% W03 in F19-01 and 6.3m of 0.43% W03 in F19-02. At the Nightcrawler zone, there are multiple tungsten-bearing calc silicate layers that extend for three km along strike and at least 500 metres down dip. Five drill holes have now cut a tungsten calc silicate/skarn layer in an area approximately 500 metres by 250 metres in dimension with an average thickness of approximately 5 metres and similar grade to F19-02. This zone dips around 30 degrees south-southeast, remains open and is thought to daylight at surface on the north side of Deception Creek. David Blann, President of Happy Creek states “Drilling at the Nightcrawler zone was designed to test with two holes the continuity and grade of a tungsten-bearing calc-silicate layer. The two holes are over 400 metres apart and each contains a significant intercept. This mineralized calc silicate layer is thought to have sizeable resource potential with grades comparable to other underground tungsten development projects globally. We will conduct further drill-testing of the Nightcrawler in the spring when we resume work at higher elevations.” | |
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