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Happy Creek Minerals Ltd.
Summary
| Project: | Fox | |
|---|---|---|
| Deposit: | Ridley Creek, BN Zone | |
| Location: | Canada | |
| Commodities: | Tungsten | |
| Date: | 1/26/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-1-2017: Happy Creek Minerals Ltd. announces a Resource Estimation report for its Ridley Creek, BN Zone deposit at the Fox project. Updated mineral resource estimate for Fox project. Happy Creek Minerals Ltd. (Happy Creek) commissioned AGP Mining Consul | |
| Resources: | (Resource): 486Kt @ 0.818% WO3 (Ind.) and 361Kt @ 1.568% WO3 (Inf.) at project | |
| CP/QP: | [Resources]: Pierre Desautels (AGP Mining Consultants Inc.) | |
| ABSTRACT: | Happy Creek Minerals Ltd. (Happy Creek) commissioned AGP Mining Consultants Inc. (AGP) to provide an update to the Mineral Resource Estimate of Fox project’s Ridley Creek Zone (RC Zone) and a maiden independent mineral resource estimate for the Blann Zone (BN Zone). This report has been prepared in accordance with National Instrument 43-101 (NI 43-101) Standards of Disclosure for Mineral Projects and Form 43-101F1. The Fox property (the “Property”) is in southern British Columbia approximately 70 km northeast of the town of 100 Mile House, and approximately 30 km east of the former Boss Mountain molybdenum mine in the south--central Cariboo region, British Columbia, Canada (Figure 1-1). The southern and central portion of the Property are easily accessible by paved and gravel logging roads from 100 Mile House, the largest community in the region. AGP completed an update of the March 15, 2016 estimate conducted by Geoquest Consulting Ltd. and AGP Mining Consultants Inc. covering the Ridley Creek Zone (RC Zone). The resource encompasses the RC Zone and BN Zone of the Fox project. The estimate was completed based on the concept of a small scale, open pit and underground room, and pillar operation for the RC Zone and a small scale underground room and pillar mining operation for the BN Zone. | |
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