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Happy Creek Minerals Ltd.
Summary
| Project: | Fox | |
|---|---|---|
| Deposit: | South Grid zone | |
| Location: | Canada | |
| Commodities: | Tungsten-Zinc-Indium-Gold | |
| Date: | 2/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-2-2017: Happy Creek Minerals Ltd. announces an Exploration/Drilling Update report for its South Grid zone deposit at the Fox project. Drilling results incl. 2m @ 0.15% WO3 from 2m. Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company”) is announcing a s | |
| Resources: | (Resource): 486Kt @ 0.817% WO3 (Ind.) and 361Kt @ 1.568% WO3 (Inf.) at project | |
| CP/QP: | [Overall Report]: David Blann (Internal) | |
| ABSTRACT: | Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company”) is announcing a summary of exploration work completed in 2016 on its 100% owned Fox tungsten property, located northeast of 100 Mile House, in south central British Columbia, Canada. New results presented here include additional soil, rock, trench and drill results with a view to the exploration potential for expanding the current resource as announced January 26, 2017. David Blann, P.Eng., President and CEO of Happy Creek states: “During 2016, we increased the Fox’s contained tungsten by two and a half times while being among the highest grade in the industry, and a good portion occurs in a low-strip, surface-cut setting. The inferred resource at the BN zone with 1.89 percent WO3 is globally among the highest grade. In addition, new mineralized prospects found at surface are closing the gaps between the 708, BN, Ridley Creek and BK zones that span three kilometres, and the project is thought to hold great resource potential in the 10 km by 3 km mineral system. With less than one percent of North America’s tungsten consumption mined here, the Fox is on track to be an important new development project with excellent grade, size potential and proximity to infrastructure. We look forward to advancing this project further in 2017.” | |
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