Happy Creek Minerals - Hecht im Karpfenteich - 500 Beiträge pro Seite

eröffnet am 15.09.10 11:48:03 von
neuester Beitrag 17.10.11 18:37:58 von

WKN: A1CTH0 | Symbol: HPY
0,085
C$
16:25:18
TSX Venture
-5,56 %
-0,005 CAD

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Avatar
15.09.10 11:48:03
Hallo, ich möchte Euch hier Happy Creek Minerals Ltd (Symbol: HPY, WKN: A1CTH0) vorstellen.

Happy Creek ist gelistet an der TSX Venture.
Ein listing in D ist meines Wissens noch nicht erfolgt - was den Wert an sich eher attraktiver macht ... ;)

Die properties liegen allesamt in British Columbia.

Die Marktkapitalisierung liegt bei 8,5 Mio Can$.
Es sind (nur !!) 32 Mio shares ausgegeben !
Mindestens 27 % davon sind in institutionellen Händen - Joe Dwek Management Consultants Inc., Toronto.
Also freefloat höchstens 24 Mio Stücke.

Der aktuelle Kurs liegt bei 0,27 Can$.
Mit einem Plus gestern (14.09.2010) von knapp 6 % und einem Volumen von gut 200.000 St.

Zum Finanziellen:
Cash zum 01.01.2010 waren 1 Mio $.
Working Capital zum 31.01.2010 1,1 Mio $.
Bis zum April 2010 wurden 2 PPs durchgeführt für insg. 1.266.000 $.
Ein weiteres PP (flow through) im August (mit Mineralfields) ergab 750.000 $. Übrigens zu 0,325 $, also weit über dem aktuellen Aktienkurs !
Die darin enthaltenen Warrants sind auszuführen zu 0,45 $ bzw. 0,50 $ innerhalb von 2 Jahren !
Laut MD&A ist somit die Finanzierung bis Ende 2010 gesichert, incl. aller Bohrprogramme ! Und das ist ein bißchen was, dazu später mehr ...

Unter Berücksichtigung des PP mit Mineralfields beträgt der freefloat übrigens nur noch knapp 22 Mio Stücke.

Links für weitere Infos:
http://tmx.quotemedia.com/quote.php?qm_symbol=HPY
http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo…
Und natürlich die homepage: http://www.happycreekminerals.com/s/Home.asp

Adresse, Tel., etc.:

Head Office:
Suite #460 789 West Pender Street.
Vancouver, BC, Canada V6C 1H2
Tel: 604.662.8310
Fax: 604.681.9570
Toll Free: 1.877.662.8310
Email:info@happycreekminerals.com

Investor Relations:
Strike Communications Inc.
Strike Communications Inc.
#600-890 West Pender Street
Vancouver, B.C.
V6C 1J9
Phone: 604-687-2767
Toll Free: 1-877-459-5507
Contact: James Berrard and Aaron Konkin
James@strike-ir.com
Aaron@strike-ir.com

Eine Übersicht der properties, und warum ich die Aktie für so interessant halte, folgt ...
Avatar
15.09.10 12:24:40
Nun zum interessanteren Teil - die properties:

A) Highland-Valley properties:
- im Norden und Westen angrenzend an Teck´s Highland Valley Copper Mine (damit direkt angrenzend an eine vorhandene Infrastruktur, und nicht irgendwo im Niemandsland !)
- Teck fördert hier Erzkörper mit einem durchschnittlichen Kupfergehalt von 0,32 %
- in 2008 produzierte Teck so 119.000 Tonnen Kupfer

- Beschreibung der Happy Creek property, neben der von Teck (kopiert von der homepage):

"The Rateria Property comprises 16 mineral claims totaling approximately 5,275 hectares (52.75 square kilometres), bounded on the north and west by Teck's Highland Valley Copper mine property. (...)

Zone 1 was first discovered in 2006 and followed up in 2007. Results include 10.35 metres grading 1.545% copper, 100.0 metres grading 0.285% copper, and 84.0 metres grading 0.302% copper. These encouraging results prompted further 3D IP and magnetic geophysical surveys and identified several new and positive areas of interest. Drilling results from 2008 on Zone 2 (previously referred to as the "A" anomaly) include 153.1 metres containing 0.237% copper, including 17.5 metres containing 1.12% copper in hole R08-01. Approximately 200 metres to the south, drill hole R08-05 returned 177.0 metres of 0.366% copper, including 27.0 metres of 1.051% copper, 0.019% molybdenum, 5.01g/t (grams per tonne) silver and 0.24g/t gold. Both Zone 1 and 2 are undefined and open in extent.

Approximately six kilometres south of R08-05 a 15 metre long and 4 metre wide section of an extensive shear zone averaged 1.487% copper and 8.4 g/t silver, and 400 metres to the south, an outcrop grab sample returned over 1.00% copper, 8.16 g/t silver and 0.10 g/t gold.

The geology, alteration and mineralization on the Rateria property are interpreted to be consistent with a deeper-seated porphyry copper system and share similarities with deposits in the Highland Valley. The presence of elevated gold and silver in R08-05 is also thought to be significant. All of the results to date suggest Zone 2 is part of a "corridor" between 500 to 1,000 metres in width and over five kilometres in length. This corridor and several other prospective targets are thought to have potential to develop significant copper deposits and further drilling is warranted."

Sind das Weiten und grades ...? ;)

Weitere hervorragende Bohrergebnisse von der property aus 2010 findet Ihr auf der news-Seite der homepage:
http://www.happycreekminerals.com/s/NewsReleases.asp

Zone 1 2010 Diamond Drilling Summary

Hole From To Interval Copper
(Metres) (Metres) (Metres) %
R10-11 10.4 162.5 152.1 0.25
includes 32.5 150.0 117.5 0.32
R10-12 8.8 262.5 253.7 0.26
includes 32.5 152.5 120.0 0.38
R10-13 9.8 155.0 145.3 0.25
includes 22.5 125.0 102.5 0.30


Zone 2 Diamond Drilling Summary
From To Interval Cu Mo Ag Au Re
Hole (m) (m) (m) % % (g/t) (g/t) (g/t)
R08-01 175.0 288.0 113.0 0.33 0.002 1.5 0.05 N/A
includes 221.6 228.0 6.4 1.65 0.017 9.4 0.03 5.20
includes 246.0 249.0 3.0 0.25 0.018 0.1 0.02 3.21
R08-05 53.0 179.0 126.0 0.46 0.008 1.7 0.10 N/A
and 206.0 209.0 3.0 2.00 9.0 N/A N/A
R09-06 147.5 185.7 38.2 0.11 0.029 1.2 0.03 2.14
includes 164.7 166.2 1.5 0.27 0.239 1.0 0.07 19.37
R09-07 99.0 147.0 48.0 0.30 0.002 1.6 0.07 0.26
R10-1 90.0 127.5 37.5 0.20 0.002 0.9 0.32
includes 92.5 97.5 5.0 0.49 0.015 2.5 2.25
R10-4 135.0 212.5 77.5 0.18 0.002 0.7 0.18
R10-7 85.0 290.8 205.8 0.10 0.4
includes 197.5 237.5 40.0 0.34 0.004 1.2 0.12
R10-9 7.9 15.0 7.1 1.01 4.2


Das Bohrprogramm ist aktuell noch nicht beendet. Es stehen also noch Ergebnisse aus !
Avatar
15.09.10 12:27:51
Eine Karte zur Rateria property:




Übrigens:
auf http://www.happycreekminerals.com/s/Rateria.asp?ReportID=163…
eine Sammlung weiterer Karten und Fotos.
Avatar
15.09.10 12:29:33
Nebenbei:
Eine gute property in direkter Nachbarschaft einer produzierenden Mine bewirkt vielleicht auch Begehrlichkeiten des Produzierenden Nachbarn ...
2 Antworten
Avatar
15.09.10 12:35:38
Antwort auf Beitrag Nr.: 40.154.110 von praesens am 15.09.10 12:29:33na, dann warte ich doch erst einmal auf die bohrergebnisse, soviel zeit muß sein.
:rolleyes::rolleyes::rolleyes:
1 Antwort
Avatar
15.09.10 12:39:01
B) Cariboo Properties:
bestehend aus der Silverboss-, Fox-, Hen-, und Golden Ledge (Art-DL)-
property.
Hier müßt Ihr Euch bei Interesse wirklich auf der homepage einlesen, das Alles hier aufzuführen füllt Seiten um Seiten - und auf der homepage steht es ja schon bereits ...
Der Link zu den Cariboo-properties:
http://www.happycreekminerals.com/s/Cariboo.asp?ReportID=357…


Auf der Fox-property wird aktuell gebohrt:

Happy Creek Drilling on Fox Tungsten-Molybdenum Property B.C.
September 13, 2010 -- Vancouver, British Columbia -- Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces a second drill has been commissioned and drilling commenced at the Nightcrawler Zone on its 100% owned Fox tungsten-molybdenum property. The Fox property is located approximately 30 kilometres east of the past producing Boss Mountain molybdenum mine and 75 kilometres northeast of 100 Mile House, in south central British Columbia, Canada. The favourable road access, hydropower within approximately 15 kilometres, geology, grades and large scale reflect a significant new tungsten-molybdenum prospect in western Canada.

Recent prices for W03 (tungsten trioxide) and molybdenum are around US$9.50/pound (lb) and US$15.00/lb, respectively*. The Company performed the first drilling on the property in November 2007 at the Nightcrawler-Discovery Zone. Significant results include 5.0 metres of 0.33% W03, 2.0 metres of 0.74% W03, 2.0 metres of 0.48% W03, 0.50 metres of 1.8% W03 and 1.7 metres of 0.51% molybdenum. Beneath approximately 3.0 metres of glacial till, tabular shaped blocks of subcrop have returned up to 12.78% molybdenum and 5.46% W03. To date, thirteen widely spaced drill holes have returned anomalous to potentially economic values of tungsten or molybdenum in an area approximately 1.5 kilometres by 500 metres in dimension.

Drilling in 2010 is planned to expand and confirm continuity of the high grade tungsten zones to the east, where they remain open in extent. In addition, a hole is planned to test the molybdenum potential further west, where previous drilling encountered positive geology, alteration and molybdenum mineralization within a quartz monzogranite intrusive rock that is the same age as the former Boss Mountain molybdenum mine. Outcrops and drill core of this intrusive rock have returned trace to 0.17% molybdenum in quartz veins and within the host rock.

Approximately four kilometres to the north, in 2007 and 2008, the Company located a number of surface outcrops containing significant tungsten at the Ridley Creek area. The first sampling of these outcrops returned up to 0.20 metres of 6.47% W03, 3.5 metres of 2.56% W03 and 1.0 metre of 3.70% W03, respectively. 6.47% W03 is approximately 142 lbs W03 per tonne. Soil geochemical surveys have outlined positive values of tungsten and molybdenum in soil for over three kilometres (see press release dated November 28th, 2008 and June 11, 2009 for additional results).

...
1 Antwort
Avatar
15.09.10 12:40:36
Im Anschluß wird das rig zur Golden Ledge verfrachtet und bohrt dort weiter ...
Avatar
15.09.10 12:42:01
Hier noch eine Übersicht, um schnell Zugang zu finden zu gesuchten Infos:

http://www.happycreekminerals.com/s/QwikReport.asp
Avatar
15.09.10 12:42:42
Antwort auf Beitrag Nr.: 40.154.173 von praesens am 15.09.10 12:39:01ja, vielen dank für deine mühe, werde HCM auf meine watchlist setzen. GRUß, CHINAGERD
:p:p:p
Avatar
15.09.10 12:44:36
Antwort auf Beitrag Nr.: 40.154.145 von chinagerd am 15.09.10 12:35:38Korrekt ! In der Ruhe liegt die Kraft ! ;)
Avatar
15.09.10 12:50:16
Hier eine Meinung und kurze Zusammenfassung der aktuellen Situation/Aktivitäten aus stockhouse:

"1. Happy Creek, HPY. 27 cents or so.
$2.3 million in cash
33 million shares

2. Three Properties being drilled.

A. Rateria: Copper property next to Teck's Highland Valley Copper Mine. Teck is mining 0.26% copper. Teck has production issues. HPY is drilling the same and better grade. Getting a resource as hired AMEC. Seems like a likely option for Teck.

B. Fox Property: Big discovery a few years ago. Stock ran to a buck before economic collapse on this find. HPY is currently drilling it (announced yesterday). (Had samples as high as 12% moly and 5% tungsten!). Drilled up ot 1.8% tungsten in the past. Very high grade.

C. Golden Ledge: Gold property next to a discovery (as close as 100 meters). 1441 soils done and show a 5 km possible length. Had showings as high as 41 gram gold and huge silver. Drilling this month.

..."
Avatar
15.09.10 12:55:44
Die Insider-Aktivitäten - auch nicht schlecht:

Happy Creek Minerals Ltd. (HPY)
As of September 14th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Sep 02/10 Jul 26/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Warrants 11 - Acquisition carried out privately 1,307,693 $0.450
Sep 02/10 Jul 26/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Warrants 11 - Acquisition carried out privately 615,384 $0.450
Sep 02/10 Apr 28/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Warrants 00 - Opening Balance-Initial SEDI Report
Sep 02/10 Apr 28/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Warrants 00 - Opening Balance-Initial SEDI Report
Sep 02/10 Jul 26/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 11 - Acquisition carried out privately 1,307,693 $0.325
Sep 02/10 Jul 26/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 11 - Acquisition carried out privately 615,384 $0.325
Sep 02/10 Apr 28/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report
Sep 02/10 Apr 28/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report
Aug 03/10 Jul 27/10 Chebry, Charles Richard Direct Ownership Common Shares 10 - Acquisition in the public market 5,000 $0.270
Jul 22/10 Jul 21/10 Chebry, Charles Richard Direct Ownership Common Shares 10 - Acquisition in the public market 2,000 $0.280
Avatar
15.09.10 22:41:35
Und wieder im Plus geschlossen - 30 cent.
Ich wollte zu 27,5 cent rein - war nix ...
Avatar
15.09.10 23:02:37
Wow !!!
Insider halten 67 % !!!

http://apps.cnbc.com/view.asp?country=US&uid=stocks/ownershi…

Das heißt:
Ein freefloat von nur 10.500.000 Aktien !!!

Ein Teil davon wird ab morgen mir gehören.
Avatar
15.09.10 23:06:25
Im Folgenden 2 Aussagen von stockhouse-postern, die im Prinzip gleichlautend sind mit der bereits oben geposteten, aber jeweils mit leicht anderen Nuancen - denn aufs Detail kommts an ... ;)


"Here's the facts.

1. Rateria Property: This is HPY's copper property which is next door to Canada's LARGEST COPPER MINE. This mine is called the Highland Valley Copper Mine and it is owned by Teck. Teck makes huge bucks from this mine. HPY's property borders and is 4 km away from production. Teck mines according to latest quarter 0.26% copper. HPY has been drilling in the range of 0.30%. HPY hired AMEC for resource calculations. So I think they are probably getting a resource and show the numbers to Teck. HPY has 2 copper zones and possible more to come. Drilling on this property right now!

2. Fox Property: Tungsten/moly property. Drilling in the past discovered great grade tungsten. Samples are absolutely unbelieveable such as 12% moly and 5% tungsten. Probably some real high grade spots on this property. This property could extend 10 km. Could be world class! Drilling on the this property now!

3. Golden Ledge Property: Soil samples were done. Over 1400 showed gold/silver over a 5 km stretch. There has been up to 40 gram gold that was found on the property. South of the property, SPA hit lots of gold and silver. So what should occur here? It doesn't take a rocket scientist to figure this one out. Drilling will start after the Fox is drilled. So sometimes soon.

Happy Creek has 3 viable projects. Any junior would love to have only one of these. HPY has THREE!
Great share structure and they have cash.

So anyone disputing or trying to put a negative spin are crazy. The above are the facts. No pumping.

..."
Avatar
15.09.10 23:08:53
Und die 2.:


"Here's Happy Creek's three of a kind:

1. Rateria Copper. Drill and increase tonnage in Zone 1. Looking at the map HPY could probably drill up 500 meters by 1000 meters by 150 meters which would give about 200 million tons. Would Teck want to secure more copper next to their mine? I think everyone knows the answer. Zone 2, who knows how big it is???

2. Fox Property. It is very to extremely high grade. Moly and tungsten. Drilling will be interesting. Hits good then HPY has two company maker projects.

3. Golden Ledge: Drilling this month. Hit some gold and HPY could be a portion of what ATC, KAM, VEN, etc., did.
So HPY could have 3 company maker projects."
Avatar
15.09.10 23:13:50
Jetzt mal im Ernst: so begeistert war ich selten von einer Aktie ...
Irgendjemand einen Kommentar dazu ?
Übertreibe ich, sehe ich HPY zu rosarot ? - Kann ja sein, im Überschwang ...
Avatar
16.09.10 16:00:37
Grrr, jetzt steht das Teil schon auf 0,32/0,34, und ich bin immer noch nicht drin.
Das muß das sein, was man mit "hinterherlaufen" umschreibt ... ;)
Naja, Geduld ...
Avatar
16.09.10 16:10:36
Und weiteres insider buying-
Heute - bis jetzt - 200.000 St.

http://www.tmxmoney.com/HttpController?GetPage=InsiderTradeM…
Avatar
16.09.10 22:56:17
Auch wenn ich nicht Boris heiße -
bin drin !! :)
0,315 $
Avatar
17.09.10 09:54:58
Last three days 505,000 shares bought by insiders which is incredible when they already hold 74.64% of the shares.
They absolutely control the float and one has to wonder about their intentions. (...)
You could not ask for a better share structure add in three great properties and huge inside commitment ...


Für die 505,000 shares kann ich keine Quelle stellen.
Canadianinsider aktualisiert nur 14-tägig, und
http://www.tmxmoney.com/HttpController?GetPage=InsiderTradeM…
stellt nur täglich dar.

Ist aber bei DEM Insider-Anteil auch nicht mehr entscheidend ... ;)
Avatar
18.09.10 22:00:53
Der user LADAD auf stockhouse ist der Eigentümer der Golden Ledge property, auf die Happy Creek die Option hat. Hier ein posting von Ihm:


With regards to Beer's post; here is some further clarification for those who need a bit of reinforcing so to speak as to the likelihood of having drilling success on the Golden Ledge Property.

This has been copied from SPM's Report 30377

6.3 Analysis of Geochemical Results

Through a statistical analysis of the geochemical assay results of the drillcore (Figures 8, 9 and

10: sample data set comprises 996 samples) there are clear strong, positive correlations

between gold and silver (r2=0.23) and gold and arsenic (r2=0.11) which will be useful vectors to

gold mineralisation. There is a moderately positive correlation between gold and lead (r2=0.02)

which suggests that galena sulphidation may be associated with the gold mineralisation event.

There is a weak positive correlation between gold and copper (r2=0.0006) which suggests that

gold mineralisation is not essentially associated with chalcopyrite sulphidation although

abundances of chalcopyrite may correlate to higher gold values as suggested by the presence of chalcopyrite in association with visible gold in drillhole SC007. There is a weak

negative correlation between gold and zinc (r2=0.015) which suggests that sphalerite is not

associated with gold mineralisation, however sphalerite was observed in association with visible

gold in drillcore. Consequentially, there may be two types or generations of sphalerite present,

one which formed syn-mineralisation and another post-mineralisation.



Now follow this link which will take you to Spanish Mountain Gold's (formerly SkyGold) published report http://aris.empr.gov.bc.ca/search.asp?mode=repsum&rep_no=291… and scroll down to pages 35 & 36 of the actual report (these pages will equate to pages 38 & 39 on the PDF viewer window) and correlate the geochemical silver anomalies (page 35) values (ppm) and locations with that of the associated gold values (ppb) and locations on page 34.
Then if you are interested in taking things a bit further you can plot out the locations of the drill holes found within the pages of ARIS Report 30377 http://aris.empr.gov.bc.ca/search.asp?mode=repsum&rep_no=303… and it will all come together for you as to the relationship between the silver and gold on the SMG property immediately south of my property (under option to HPY).

It is a no brainer!

Cheers,
K.
Avatar
20.09.10 10:44:13
Fiel mir gerade noch auf bzw. ein:

Der Begriff "tungsten" ist wohl den meisten weniger ein Begriff als Moly(bdän).
Ganz einfach: Wolfram.
Klingt nicht so sexy wie Gold oder Silber oder Moly oder REE oder Kupfer oder ...
Aber von dem anderen Zeugs ist ja auch genug da (okay - außer REE). ;)
Avatar
20.09.10 17:14:35
Und soeben die 40 cent angekratzt ...
Avatar
20.09.10 22:28:01
So, das Moly-/Tungsten-Rig von der fox property ist jetzt ein gold-rig auf Golden Ledge.
Damit dürften die assays von Fox auf dem Weg ins Labor sein ...:


Happy Creek Drilling Underway at Golden ledge Property

Sep 20, 2010 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

September 20, 2010 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce that drilling is underway on its Golden Ledge property.

During 2010, the Company completed a soil geochemical survey starting approximately 350 metres north of Spanish Mountain Gold's Thunder Ridge drill hole SC017 that returned 7.5 metres containing 8.84 g/t gold and an additional 9.0 metres of 2.14 g/t gold. On the Golden Ledge property, the soil geochemical survey has identified positive values containing up to 25.0 g/t silver and 1.8 g/t gold and occurs for over 5.0 kilometres on the property. See Press Release dated August 12, 2010. Bedrock samples from the property have returned up to 42.9 g/t gold 34.7 g/t silver over 1.0 metre.

Drilling at Golden Ledge has commenced. The first drill hole (azimuth 270 degrees and dip -45 degrees) is located near the centre of a large silver-gold geochemical anomaly. The first hole is currently at a depth of approximately 150 metres. Several zones of silicification, quartz, quartz-carbonate-ankerite veins, stockwork and several generations of pyrite, locally massive pyrite (iron sulphide) and sphalerite (zinc sulphide) are observed in the graphitic argillite host rock. This geology is thought to be consistent with gold-silver mineralized zones found on the property and general area, and up to nine drill holes are planned in Phase 1.

On the Company's 100% owned Fox tungsten-molybdenum property, surface trenching is completed in the northern portion of the property. Two widely spaced drill holes were completed in the southern portion of the property, at the Nightcrawler tungsten zone, and one hole was drilled at the far western side of the Discovery moly zone. Results are pending for this work.

On the Company's 100% owned Highland Valley copper property, drilling is continuing (see Press Release September 8, 2010).

On behalf of the Board of Directors,

"David E Blann

...
Avatar
25.09.10 19:02:29
Mal wieder ne "Kleinigkeit" zum Thema Insiderkäufe:


Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Sep 24/10 Sep 16/10 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 200,000
.360
Sep 24/10 Sep 15/10 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 200,000
.300
Sep 24/10 Sep 16/10 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 200,000
.360
Sep 24/10 Sep 15/10 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 200,000
.300
Sep 24/10 Sep 14/10 Inwentash, Sheldon Control or Direction Common Shares 10 - Acquisition in the public market 100,000
.270
Sep 23/10 Sep 14/10 Pinetree Capital Ltd. Indirect Ownership Common Shares 10 - Acquisition in the public market 100,000
.
Avatar
27.09.10 22:45:34
Wir erwarten drill results von 3 properties - und was bekommen wir schon mal vorab:
sampling Ergebnisse bezüglich tungsten - unverhofft kommt oft :lick: :

http://www.happycreekminerals.com/s/NewsReleases.asp?ReportI…
1 Antwort
Avatar
28.09.10 11:10:59
Antwort auf Beitrag Nr.: 40.220.022 von praesens am 27.09.10 22:45:34Schöner kann man es nicht zusammenfassen - daher einfach paste and copy von user beermountain von stockhouse:


"Fox Property.

So this chipping was done at Ridley Creek. I'm trying to make sense of this. This isn't where they drilled so this is a separate zone!

In the release:

The controls and continuity of mineralization are better understood, and geological conditions appear favorable for well developed tungsten bearing calc-silicate and skarn to occur over two kilometres at surface

So this goes for around 2 kilometers at surface.

The chip sampling was performed "blind"- without use of Ultra Violet (UV) light that indicates scheelite (tungsten mineral).

So chipped and got the goods without being selective

Importantly, all but one trench show mineralization remains open in width, and all mineralized zones remain open in extent along strike.

Open!

So let's crunch numbers: 2000 meters x 6 meters (they had over 7 meters) x 500 meters (not sure how far this goes so taking 500 meters but if you have 2 km length then there should be some good size going perpendicular? ) x 2.6 specific gravity = 15 600 000 tons grading 1% or perhaps more?

That works out to $240 MTU x 15600000 = $3.7 Billion

This is at surface and high grade. Very positive. These numbers are speculative but shows what HPY probably has.

The tungsten bearing zones also contain variable concentrations of other metals. Results include 0.30 metres containing 3.09% W03, 3.91% zinc, 1,000 g/t (gram per tonne) cadmium, 19.3 g/t indium, 4.25 g/t silver, 0.22 g/t gold and 697 g/t bismuth.

Other good stuff in there too! The tungsten stands alone. This is a major discovery in my books."
Avatar
28.09.10 11:11:38
Und:


"$240 an MTU for tungsten.

1% is worth $240 a ton. So $240 divided by 40 ($40 per gram gold) gives you approx 6 gram gold equivalence!

Possible 2 kilometers of the stuff. ... What HPY has is extremely rare. This could be one of the top tungsten finds in the world. They are near infrastructue, in BC mining country , on surface and VERY HIGH GRADE!"
Avatar
28.09.10 11:11:59
Noch Einer:


"Imagine having 2 km length of 6 gram to 7 gram gold. This is what HPY is potentially showing here with the tungsten. This is absolutely phenomenal. I am not pumping. So if anyone who reads the release and does some number crunching can understand what I'm saying here. This looks unbelieveable.

LGO has a tungsten deposit. They have 300 million shares. They have a 0.21% WO3 equivalent grade with a cutoff of 0.17% WO3 cutoff grade. So profit would be around 0.04%. This is in the Yukon and would be open pit. So HPY would probably have a less cutoff grade.

Let's use 1% as the grade of what HPY has. Using LGO's cutoff of 0.17% would leave a profit of 0.83% or roughly $200 a ton. This is speculation but does show the potential as to what HPY may have. Who in the world could compete with that??? Even if HPY showed 0.5% tungsten that would be still huge profit"
Avatar
28.09.10 11:17:17
Und das Alles bei:

9 Mio. market cap,
33 Millionen Aktien,
gut 2 Millionen cash,
ca. 70 % der Aktien in Insider-Händen
= ein freefloat von nur ca. 10 Millionen Aktien ...!!
1 Antwort
Avatar
28.09.10 11:24:34
Antwort auf Beitrag Nr.: 40.222.097 von praesens am 28.09.10 11:17:17Ach ja, ganz vergessen:

Bei Bohrungen auf aktuell 3 !! properties, die allesamt bereits gute Ergebnisse aufzuweisen haben !!
Avatar
04.10.10 23:29:28
Und über die 40 cent geschossen - SK 40,5 cent.
Avatar
13.10.10 19:19:17
Kurs aktuell 42 cent !!

Hm, bid 40 cent, ask 49 cent ...

Man könnte meinen, news ständen vor der Tür ...
1 Antwort
Avatar
13.10.10 23:15:13
Antwort auf Beitrag Nr.: 40.315.630 von praesens am 13.10.10 19:19:17SK 49 cent !
Halleluja !
Avatar
02.11.10 22:08:09
Nachbörsliche News !!!
Scheinbar war vorher schon was durchgesickert, daher gegen Ende bereits + 8 %.
Alles ökonomische Weiten und grades, teilweise höher als bei Nachbar Teck - Kanadas größte Kupfermine ...!


Happy Creek Drills 45.0 metres of 0.48% Copper in Highland Valley B.C.

Nov 02, 2010 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

November 2, 2010 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces additional preliminary drill results and update from the on-going Phase 2 program on its Rateria property, Highland Valley area B.C.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central British Columbia. HVC is currently mining material from three different open pits that have recently averaged approximately 0.26 percent (%) copper.

Zone 1 is located approximately 6.5 kilometres southeast of Teck's Highmont mine, and approximately 7 to15 metres of glacial till overlies the bedrock in this area.

New preliminary results from Zone 1 include R10-18 that returned 45.0 metres containing 0.48% copper and 3.5 grams per tonne (g/t) silver within an interval of 185.0 metres containing 0.21% copper. R10-18 is located approximately 150 metres north of R10-13 (Press Release of Final Results of Phase 1 dated September 8, 2010) that are included in the following Table.

Zone 1 2010 Drill Results Summary

Hole From To Interval Copper
(Metres) (Metres) (Metres) (Metres) (%)
%R10-11 10.4 162.5 152.1 0.25
includes 32.5 150.0 117.5 0.32
R10-12 8.8 262.5 253.7 0.26
includes 32.5 152.5 120.0 0.38
R10-13 9.8 155.0 145.3 0.25
includes 22.5 125.0 102.5 0.30
R10-14 192.5 267.5 75.0 0.23
R10-15 12.2 17.5 5.3 0.23
And 55.0 115.0 60.0 0.16
R10-18 72.5 257.5 185.0 0.21
includes 147.5 192.5 45.0 0.48

David Blann, P.Eng., President and CEO of Happy Creek states: "This phase of drilling is determining controls, configuration and extent of Zone 1, and testing new areas beyond it. Zone 1 has geology, alteration and mineralization that is similar to Lornex or Valley, the large deposits in production to the north and we have qualified for drilling three other targets in this very prospective area. The results to date suggest we are on track to outline a new deposit with Zone 1 and firmly believe there is potential for other copper deposits nearby."

Copper mineralization in Zone 1 is comprised of dominantly bornite, chalcocite and minor chalcopyrite (copper sulphides) and trace pyrite (iron sulphide) occurs locally. This mineralization also contains some minor silver and molybdenum values and is associated with quartz and sericite alteration near the contact between the Bethsaida and Skeena Phase intrusive rocks that are also host to the Highmont, Lornex and Valley deposits currently in production to the north. Dikes of feldspar porphyry and more potassic or felsic composition also occur and are in part well mineralized, and in part weakly mineralized or barren. Drill holes R10-14 and 15 are collared along the east side of Zone 1, up to 100 metres away. These steeply west dipping holes encountered strong faulting sub parallel to the core and define part of the eastern limit to mineralization in Zone 1. R10-16 is located at the collar of R10-15 and drilled to the east returning no significant intervals. R10-17 is located approximately 1,200 metres west of Zone 1, and intersected positive alteration within strong fault zones that contains anomalous molybdenum values locally. Maps of drilling will be posted to the Company's website upon completion of drilling and receipt of final assays.

The Company has recently completed additional geological mapping and prospecting around Zone 1 and 2 to improve confidence and clarity of several untested copper targets. Approximately 2.0 kilometres southwest of Zone 1, stream sediment samples returned values of up to 1,625 ppm (parts per million) and 57 ppm molybdenum, and an 800 metre by 600 metre area of positive induced polarization (IP) geophysical anomaly occurs. In October 2010, prospecting and mapping in this area indicated glacial till may locally be much thinner than expected. Here, quartz vein material with significant bornite, chalcocite and chalcopyrite mineralization was located in the glacial till in proximity to the steam sediment samples and abundant angular boulders 1.5 metres or more in dimension occur. These boulders are moderately sericite altered porphyry considered favorable to host mineralization as in Zone 1, and are believed to be very close to a bedrock source. With no historical access roads visible or previously recorded work, it is thought that this area may have escaped previous exploration attention and is considered a strong candidate for another porphyry copper system to occur.

The Company has also completed more surface geology work around Zone 2, located approximately 2.0 kilometres northeast of Zone 1 and extensions to the mineralization is considered highly probable in several directions. The Company first discovered significant mineralization in Zone 2 in 2008 that is associated with slightly different geology than Zone 1. Drilling in Zone 2 has intersected positive copper, molybdenum, and locally rhenium, gold and silver values in an area approximately one kilometre by 600 metres in dimension. On February 2, 2010, the Company announced significant rhenium (Re) occurs with the molybdenum values. Rhenium is mainly used in super-alloys and catalysts with prices forecast between $6,500 to $7,500/kilogram ($6.50-7.50/gram) over the next few years*.

A portion of the results to date from Zone 2 including final 2010 results are presented below.

Zone 2 Diamond Drilling Summary

From To Interval Cu Mo Ag Au Re
Hole
(m) (m) (m) % % (g/t) (g/t) (g/t)R08-01 175.0 288.0 113.0 0.33 0.002 1.5 0.05 N/A includes 221.6 228.0 6.4 1.65 0.017 9.4 0.03 5.20
includes 246.0 249.0 3.0 0.25 0.018 0.1 0.02 3.21
R08-05 53.0 179.0 126.0 0.46 0.008 1.7 0.10 N/A
and 206.0 209.0 3.0 2.00 9.0 N/A N/A
R09-06 147.5 185.7 38.2 0.11 0.029 1.2 0.03 2.14
includes 164.7 166.2 1.5 0.27 0.239 1.0 0.07 19.37
R09-07 99.0 147.0 48.0 0.30 0.002 1.6 0.07 0.26
R10-1 90.0 127.5 37.5 0.20 0.002 0.9 0.32
includes 92.5 97.5 5.0 0.49 0.015 2.5 2.25
R10-4 135.0 212.5 77.5 0.18 0.002 0.7 0.18
Avatar
02.11.10 22:37:09
Es stehen noch aus:
drill results von der gold property,
drill results von der moly property,
Resourcenberechnung der copper property ...
Avatar
08.11.10 22:49:46
Weitere gute Ergebnisse von der fox-property:


Happy Creek drilling extends Nightcrawler tungsten zone at Fox Property, B.C.
Nov 08, 2010 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

Happy Creek drilling extends Nightcrawler tungsten zone at Fox Property, B.C.

November 8, 2010 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce additional results from exploration conducted on its 100% owned Fox tungsten-molybdenum property. The Fox property is located approximately 30 kilometres east of the past producing Boss Mountain molybdenum mine and 75 kilometres northeast of 100 Mile House, in south central British Columbia, Canada. The road access, power within approximately 15 kilometres, geology, grades and large scale of the mineralization are thought to reflect positively on this significant new prospect.

Happy Creek has received results from drilling three widely spaced holes at the Nightcrawler Zone located approximately 4 kilometres south of the recently announced trench sampling results at Ridley Creek area (see Press Release September 27, 2010). Recent prices for W03 (tungsten trioxide) have increased and are around US$12.00/pound (lb)*. One percent (1%) contains approximately 22 lbs W03 per tonne.

2010 Fox Property Nightcrawler Zone Drill Hole F10-1 Results

Hole From To Interval % W03 (m) (m) (m) F10-1 27.8 28.7 0.9 1.37 F10-1 52.2 53.6 1.4 0.44 F10-1 81.1 82.1 1.0 0.22 F10-1 99.0 101.5 2.5 0.33 F10-1 168.0 170.5 2.5 0.20 F10-1 175.0 177.2 2.2 0.39

"As the Nightcrawler zone is covered by 3 to 5 metres of glacial till, we are pleased that our blind step out drilling continues to intersect multiple intervals of significant tungsten grades, and that they remain open in extent" states David Blann, P.Eng., president and CEO. "We are still at the early stage of discovery however results from the Nightcrawler zone and recent trench results from the Ridley Creek area show the potential for this mineralized system to be comparable with some of the largest on a global basis."

Drill hole F10-1 is located 65 metres southeast of F07-5 that returned 2.0 metres of 0.74% W03, 3.0 metres of 0.34% W03 and 2.5 metres of 0.39% W03, and confirms mineralization continues and remains open in extent to the southeast. F10-2 is located approximately 400 metres east-northeast of F10-1. This hole was expected to intersect the eastern extension of a mineralized zone in F07-3 that returned 5.0 metres containing 0.33% WO3. F10-2 is thought to have been stopped just short of a tungsten zone at 237.7 metres depth with the last sample in calc silicate/skarn and containing 2.0 metres of 0.02% W03, 497 ppm zinc, 0.17 g/t indium, 0.04 g/t gold and 143 ppm bismuth, values that are consistent with proximity to other well mineralized zones. Drill hole F10-3 is the westernmost hole on the property, located approximately 2.0 kilometres west of F10-1, and intersected an intrusive rock for the length of the hole and contained anomalous values up to 0.018% molybdenum. Other previous results from the 2007 program at the Nightcrawler zone include 2.0 metres of 0.48% WO3, 0.50 metres of 1.8% WO3, and 0.45 metres of 1.13% WO3. In addition, two drill intercepts that are approximately 150 metres apart returned 1.7 metres of 0.51% molybdenum and 0.50 metres of 0.51% molybdenum, respectively. Locally, boulders at the Discovery zone contain over ten percent molybdenum. Tungsten mineralization at the Nightcrawler-Discovery zone has been intersected by widely spaced drilling over an area approximately 1.5 kilometres by 500 metres in dimension and remains undefined and open in extent.
2010 Fox Property -Ridley Creek Area Trenching Summary

(From Press Release dated September 27, 2010)

Width W03 Width W03Trench metres % comments Trench metres % commentsRT-1 6.6 0.30 open at one end BK-4 4.0 0.12 open at both endsRT-2 7.0 0.80 open at one end BK-5 3.0 2.11 open at one endRT-3 4.9 1.07 open at one end BN-1 1.0 4.66 open at one endRT-4 1.3 2.54 open at one end BN-2 0.6 3.86 open at one endRT-5 Garnet-Marble above skarn BN-3 0.5 1.36 open at one end open at one endRT-6 2.0 5.00 open at both ends BN-4 0.8 1.63 open at one endRT-7 5.0 0.98 open at one end BN-5 0.8 2.95 open at one end 708658 0.3 5.83 open at both endsBK-1 1.0 0.57 open at one end 708659 0.3 2.51 open at both endsBK-2 7.3 1.25 full width 708660 2.0 1.52 open at both endsBK-3 4.6 0.85 open at both ends 708661 2.0 4.36 open at both ends
The Fox property geology is comprised of folded metasediment and limestone, Paleozoic in age, that is underlain by a per-aluminous two-mica quartz monzogranite intrusive rock, Cretaceous in age. Regional mapping indicates that the monzogranite has cut the sedimentary rocks in this area along a regional anticline fold axis. The Nightcrawler zone is located around the southern flank of the monzogranite and the Ridley Creek area is located near the top of the monzogranite where complex intrusive phases, dikes, sills and abundant quartz veins have cut through the metasediment and limestone for over two kilometres along the fold axis. In both areas the multiple and continuous calcareous units, favorable to host mineralization, are between approximately one and 20 metres in thickness. These rocks have been variably altered to a calc-silicate or skarn type assemblage of quartz, garnet, pyroxene, vesuvianite minerals and contain variable concentrations of scheelite (calcium tungstate- ore of tungsten) pyrite, pyrrhotite, sphalerite (zinc sulphide) and locally molybdenite (molybdenum sulphide). Other metals are associated with tungsten mineralization and results from the Ridley Creek area in 2010 include 0.30 metres containing 3.09% W03, 3.91% zinc, 1,000 g/t cadmium, 19.3 g/t indium, 4.25 g/t silver, 0.22 g/t gold and 697 g/t bismuth. It is thought that the Ridley Creek area's geology, at the apex of the intrusion, may have played an important role in focusing high grade mineralization in this area, and it remains untested by drilling.

Overall, the Fox property is underlain by a newly discovered tungsten-molybdenum system that is approximately ten kilometres by three kilometres in dimension, and believed to reflect a significant tungsten prospect in western Canada. Termed "a strategic metal", recent restrictions on Chinese exports of tungsten and with demand expected to outpace supply in the western world, the Company is planning to conduct a more intensive exploration and drilling program on this property during 2011.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
10.11.10 17:52:45
Auf folgenden Auszug aus einer news von März diesen Jahres bin ich eben gestoßen.
Die Datumsangaben sind insofern überholt, da ja aktuell bereits gebohrt wird auf Golden Ledge.
Und natürlich steht da ein "if", aber es veranschaulicht das Potential hier:

".. The Company plans to first perform geochemical surveys in early May covering a previously unexplored area that is directly on trend with mineralization of the Thunder Ridge property.
If successful, the Company will have identified a 5 kilometre long, 1.5 kilometre wide zone thought to host potential for a sediment hosted gold deposit. On a world-wide basis, other sediment hosted gold deposits are known to host 10-50 million ounces of gold.
Avatar
16.11.10 22:34:45
Die 1,2 g Gold/Tonne sind NICHT von der gold-propety Golen Ledge !
Die rill results kommen erst noch ...!


Happy Creek drills 2.5 metres of 1.20 g/t gold at West Valley property, Highland Valley area, B.C.
Nov 16, 2010 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

Happy Creek drills 2.5 metres of 1.20 g/t gold at West Valley property, Highland Valley area, B.C.

...
Avatar
19.11.10 23:51:31
Nachbörsliche news. Sehr schön !!:


Happy Creek Drills 120.0 metres of 0.26% Copper and samples 3.34% copper in Highland Valley B.C.
Nov 19, 2010 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

November 19, 2010 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce final results from drill hole R10-18 and results from recent surface exploration conducted on its Rateria property, Highland Valley, B.C.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine, Canada's largest copper producer, located in south central British Columbia. HVC is currently mining material averaging 0.26% copper from three open pits. Happy Creek's Zone 1 is located approximately 6.5 kilometres southeast of Teck's Highmont mine. Approximately 7 to15 metres of glacial till overlies the bedrock in this area.

Final results from R10-18 are 248.1 metres of 0.19% copper from surface, including 27.5 metres of 0.68% copper and 4.8 g/t (grams per tonne) silver.

Zone 1 Drill Hole R10-18 Final Results

---------------------------------------------------|Hole |Depth |From |To |Interval|Copper||-------------------------------------------------|| |(metres)|(metres)|(metres)|(metres)|% ||-------------------------------------------------|| | | | | | ||-------------------------------------------------||R10-18|273.71 |9.5 |257.5 |248.1 |0.19 ||-------------------------------------------------|| |includes|72.5 |192.5 |120.0 |0.26 ||-------------------------------------------------|| |includes|162.5 |190.0 |27.5 |0.68 |---------------------------------------------------
To date, drilling in Zone 1 has intersected copper mineralization in an area approximately 700 metres by 100 metres in dimension and to a depth of 300 metres. The Company has completed seven additional drill holes on the property and results are pending.

David Blann, President and CEO of the Company states "Zone 1 contains copper mineralization from surface and drilling continues to intersect grades that are positive at depth and remain open in extent. We have also drilled approximately 400 to 500 metres further south of Zone 1 and intersected copper mineralization that clearly expands the potential for this area. Drilling started in April, and will soon be finished for the year. The progress this year has been very positive. Our experience with the exploration success in finding two new copper zones and the on-going surface work indicate there is excellent potential to develop several copper deposits and for more discoveries here".

The Company has also received positive results from additional prospecting and stream sediment sampling in areas of the property that remain untested by drilling.

Approximately 500 metres northeast of the Company's 2010 drilling in Zone 2, four outcrop grab samples in an area of approximately 200 by 300 metres in dimension have returned 0.05%, 0.08%, 0.41%, and 3.21% copper. These samples are from mineralized structures believed to originate and form part of Zone 2. Drilling in Zone 2 has intersected positive copper and molybdenum and locally rhenium, gold and silver values in an area approximately one kilometre by 600 metres in dimension. (Refer to News Release dated September 8, 2010).

Approximately 1.5 kilometres to the southwest of Zone 1, samples of quartz vein material have returned values of 3.34%, 1.74% and 1.04% copper and up to 0.021% molybdenum, and 5.78 g/t silver. Eight stream sediment samples in this area have confirmed previous positive results of 887 ppm (parts per million) to 1625 ppm copper and expanded the area of interest. New sampling has returned 190 ppm to 776 ppm copper including 414ppm and 592 ppm copper and 1.74 to 29.4 ppm molybdenum from several stream tributaries. This area is underlain by favorable Bethsaida phase intrusive rock and an induced polarization geophysical anomaly approximately 800 by 600 metres in dimension that is thought to represent a very prospective untested target.

In the southern portion of the Rateria property, the Sho claim covers an area approximately two by three kilometers in dimension and is within an important regional magnetic low believed to map out the younger and more productive phases of the Guichon batholith. This prospective area also occurs near the intersection of the east-west trending Skuhun Creek and north-south trending "Corridor" fault. The regional magnetic and structural setting is similar to that occurring near the major mines in production to the north. The Company has not conducted a significant amount of work in this area to date.

The main Sho prospect is part of a larger mineralized structure that has been previously trenched by the Company. Here, systematic chip sampling covering approximately 15 metres by 4 metres in dimension averaged 1.49% copper and 8.4 g/t silver. In 2010, the Company continued prospecting approximately 400 metres to the south of the trench. Rock sampling has outlined a northwest trending mineralized zone for over 250 metres in length and 50 to100 metres in width that remains open in length and width. Twelve grab samples of mineralization within this zone returned from 0.20 to 2.84% copper and up to 12.8 g/t silver. Seven samples contain from 0.05 to 0.11 g/t gold. Seventeen (17) widely spaced stream sediment samples on this claim have returned values from 33.7 to 427 ppm copper, with nine sample greater than 250 ppm copper and four samples greater than 400 ppm copper. One silt sample located 200 metres downstream of the Sho trench returned 33,900 ppm (3.4%) copper, 68.9 ppm molybdenum and 4.09 g/t silver. Historical silt sampling results include values of 452ppm, 496ppm, 524ppm, 575ppm and 951ppm copper. Together, these stream sediment and rock sample results are thought to be very positive for porphyry copper exploration, and this large area has not had systematic modern induced polarization (IP) geophysical surveys completed. The Company is very encouraged with the results from this under explored portion of the Rateria property and further exploration is planned.

To date, the Company has discovered two significant new copper zones and continues to identify several new, large scale targets within a mining district that has generated Canada's largest copper producer for over 25 years.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
20.11.10 00:32:55
Achtet auf die samples und das drilling über die Ränder von Zone 1 und Zone 2 heraus.
Das kann ein Kupfer-Monster werden ...!
Avatar
07.12.10 22:36:17
Starke news !
Zone 1 um 100 Meter erweitert !


Happy Creek Drills 77.5 metres of 0.31% copper, 3.3 g/t silver that expands Zone 1 in Highland Valley B.C.

Dec 07, 2010 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

December 7, 2010 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce preliminary results of drill hole R10-25 from its Rateria property, Highland Valley, B.C.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central British Columbia. HVC is currently mining material averaging 0.26% copper from three open pits. To date, the Highland Valley mining camp has totaled over 1.8 billion tonnes of resources in 5 deposits. Happy Creek's Zone 1 is located approximately 6.5 kilometres southeast of Teck's Highmont mine. Approximately 7 to15 metres of glacial till overlies the bedrock in this area.

Preliminary results from R10-25 (azimuth 0900, dip -500) are 77.5 metres of 0.31% copper and 3.3 g/t (grams per tonne) silver including 17.5 metres of 0.56% copper and 9.4 g/t silver. Samples returned values up to 2.5 metres of 1.70% copper and 36.8 g/t silver. Overall, the mineralized interval contains 177.5 metres of 0.18% copper. This hole is located approximately 100 metres north of any previous drill hole.

Drill Hole R10-25 Preliminary Results

----------------------------------------------------------|Hole |Depth |From |To |Interval|Copper|Silver||--------------------------------------------------------|| |(metres)|(metres)|(metres)|(metres)|% |g/t ||--------------------------------------------------------||R10-25|319.1 |132.5 |175.0 |42.5 |0.14 |3.2 ||--------------------------------------------------------|| |and |232.5 |310.0 |77.5 |0.31 |3.3 ||--------------------------------------------------------|| |includes|292.5 |310.0 |17.5 |0.56 |9.4 |----------------------------------------------------------
David Blann, President and CEO of the Company states: "Hole R10-25 has expanded Zone 1 another 100 metres and we continue to intersect potentially economic copper and silver grades. Most of Zone 1 has not been tested below 250 metres depth from surface, and ore deposits that are in production to the north reach depths over 600 metres below surface. As with several previous holes, near the bottom of R10-18 and R10-25 we are starting to see more hypogene characteristics of this porphyry system and it has positive grades that remain open in extent. The ultimate size of Zone 1 is still far from defined."

Approximately 200 metres south of R10-25, drill hole R10-18 (News Release dated November 19, 2010) contains 120.0 metres of 0.26% copper including 27.5 metres of 0.68% copper and 4.5 g/t silver. Further down hole and sixteen metres from the end, a 17.5 metre interval assayed 0.44% copper that appears similar to the end of R10-25.

R10-19 is located at the collar of R10-18 and drilled in the opposite direction. Preliminary results from R10-19 are 5.0 metres grading 0.64% copper and 12.1 g/t silver within a zone of low copper values from surface to 100 metres down hole.

Zone 1 covers an area at surface that is approximately 800 metres by 150 metres in dimension. This area occurs near the contact of the Bethsaida and Skeena phases of the Guichon Batholith that are the same rocks hosting the large copper deposits in production to the north. Results from several holes in Zone 1 are pending. An updated map of Zone 1 will be posted on the Company's website when results of all drill holes are received.

Exploration holes R10-20 to 24 are widely spaced and up to 2.0 kilometres south of Zone 1, within a previously identified "corridor" extending southwest from Zone 2. The "corridor" is the contact zone between outer, older and inner, younger, more productive phases of the Guichon Batholith, respectively. This favorable geological setting extends for over 10 kilometres through the Rateria property. All of these holes intersected strong to intense fracturing, faulting and alteration with values up to 0.31% copper and geochemically anomalous silver, molybdenum and rhenium. These holes confirm the Zone 1 mineralized system is much larger than previously known and that proximity to the younger Bethsaida and Skeena phases of the batholith is highly prospective for additional porphyry copper deposits. Based on results of these drill holes and recent, on-going surface exploration by the Company (see News Release November 19, 2010) several quality exploration drill targets are apparent.

To date, the Company has discovered two significant new copper zones and continues to identify new, large scale porphyry copper targets within a mining district that has generated Canada's largest copper producer for over 25 years. Compilation of results and planning for 2011 are underway.

The Company also reports that drilling of 11 holes on the Golden Ledge and Art-DL property did not produce significant gold values, and the Golden Ledge property is being returned to the Optionor. The Company still owns a 100% interest in the adjoining Art-DL property, where several positive anomalies of up to 1.8 g/t gold in soil remain untested by drilling.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
07.12.10 22:36:59
Außerdem:
Goldbohrungen auf Golden Ledge erfolglos.
Property an den Eigentümer zurückgegeben.
Na gut ...
Avatar
30.12.10 21:43:45
Alleine am 24.12. insider buying für über 1 Mio $ !!:

Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price

Dec 29/10 Dec 24/10 Pinetree Capital Ltd. Indirect Ownership Warrants 11 - Acquisition carried out privately 500,000
.350

Dec 29/10 Dec 24/10 Pinetree Capital Ltd. Indirect Ownership Common Shares 11 - Acquisition carried out privately 1,000,000
.270

Dec 29/10 Dec 24/10 Inwentash, Sheldon Control or Direction Warrants 11 - Acquisition carried out privately 500,000
Dec 29/10 May 25/07 Inwentash, Sheldon Control or Direction Warrants 00 - Opening Balance-Initial SEDI Report
Dec 29/10 Dec 24/10 Inwentash, Sheldon Control or Direction Common Shares 11 - Acquisition carried out privately 1,000,000
.270

Dec 24/10 Dec 24/10 Chebry, Charles Richard Direct Ownership Common Shares 10 - Acquisition in the public market 2,000
.319

Dec 06/10 Dec 03/10 Chebry, Charles Richard Direct Ownership Common Shares 10 - Acquisition in the public market 5,000
.341
1 Antwort
Avatar
05.01.11 10:14:06
Antwort auf Beitrag Nr.: 40.781.278 von praesens am 30.12.10 21:43:45Und weiter HEFTIGE insider-Käufe, warrants und options Ausübungen ...:

Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Jan 04/11 Dec 31/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Options 11 - Acquisition carried out privately 350,000
.450
Jan 04/11 Apr 28/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Options 00 - Opening Balance-Initial SEDI Report
Jan 04/11 Dec 31/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 11 - Acquisition carried out privately 105,000
.450
Jan 04/11 Apr 28/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Common Shares 00 - Opening Balance-Initial SEDI Report
Jan 04/11 Dec 31/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Warrants 11 - Acquisition carried out privately 258,708
.450
Jan 04/11 Apr 28/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Warrants 00 - Opening Balance-Initial SEDI Report
Jan 04/11 Dec 31/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Warrants 11 - Acquisition carried out privately 470,852
.450
Jan 04/11 Apr 28/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Warrants 00 - Opening Balance-Initial SEDI Report
Jan 04/11 Dec 31/10 Joe Dwek Management Consultants 2007 Inc. Control or Direction Warrants 11 - Acquisition carried out privately 28,932
.450
Jan 04/11 Dec 31/10 Joe Dwek Management Consultants 2007 Inc.
Avatar
06.01.11 19:04:14
Happy Creek Completes $1,400,000 Financing With the MineralFields Group

January 6, 2011, Vancouver, British Columbia: Happy Creek Minerals Ltd. (TSX-V: HPY) (the "Company") is pleased to announce that it has completed a private placement for gross proceeds of $1,400,000 (the "Offering") with the Mineral Fields Group. Under the terms of the Offering, the Company issued 3,500,000 flow-through units at a price of $0.40 per unit (the "FT Units").

Each FT Unit consisted of one flow-through common share of the Company, and one-half of one share purchase warrant (each whole warrant an "FT Warrant"). Each FT Warrant will entitle the holder to acquire one additional non flow-through common share of the Company for a period of 24 months from the closing date at a price of $0.45 per share for the first 12 months from the closing date and at a price of $0.50 per share thereafter. The Company may accelerate the expiry date of the warrants if at any time after the date which is 4 months after closing the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange equals or exceeds $0.55 (during the first year of the warrant term) or $0.65 (during the second year of the warrant term) for 15 consecutive trading days, in which event the warrants will expire on the date that is 30 days after the date that the Company provides notice to the holders.

A cash finder's fee of $28,000 was paid to Limited Market Dealer Inc. ("LMD") in connection with the Offering. In addition, the Company issued LMD 105,000 common shares at a deemed price of $0.40 per share and 350,000 finder's options, each option exercisable into one unit at a price of $0.45 per unit ("Finder's Units"). Each Finder's Unit consists of one common share and one-half of one share purchase warrant of the Company (each whole warrant a "Finder's Warrant"). Each Finder's Warrant will entitle the holder to acquire one common share for a period of 24 months from the closing date at a price of $0.45 per share for the first 12 months from the closing date and at a price of $0.50 per share thereafter. The warrants underlying the Finder's Units will be subject to the same acceleration provisions as the flow-through units sold in the private placement.

All of the securities are subject to a hold period expiring May 1, 2011.

"The Company is very pleased to continue its relationship with the MineralFields Group", said David Blann, President and CEO of the Company. "This is an important milestone in the continuing growth of Happy Creek and we look forward to working with MineralFields Group. This additional financing will allow us to accelerate the exploration and development drilling of our Highland Valley copper properties, and advance our high grade tungsten and other copper, molybdenum, gold, silver prospects near 100 Mile House, British Columbia."

About MineralFields, Pathway and First Canadian Securities (R)

MineralFields Group (a division of Pathway Asset Management), based in Toronto, Montreal, Vancouver and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities (R) (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities (R).

FOR FURTHER INFORMATION PLEASE CONTACT:

David Blann, President:

Phone: 604.662.8310 Email: Info@happycreekminerals.com

Website: www.happycreekminerals.com

Investor Relations: James Berard Phone: 604-687-2768 Toll free: 1-877-459-5507

...
Avatar
08.01.11 04:07:25
Auch hier: big news !!:


Happy Creek Drills 86.6 metres of 0.29% copper and 3.1 g/t silver in Highland Valley B.C.
Jan 07, 2011 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

Happy Creek Drills 86.6 metres of 0.29% copper and 3.1 g/t silver in Highland Valley B.C.

January 7, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce final results from holes R10-25, 26 and 27 and provide a summary of drilling performed during 2010 on the Rateria property in the Highland Valley area, British Columbia, Canada.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer located in south central B.C. HVC is currently mining material averaging approximately 0.26% copper from three open pits. Over 1.8 billion tonnes of resources have been discovered in the Highland Valley district. Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres southeast of Teck's Highmont mine.

David Blann, President and CEO of the Company states: "Exploration during 2010 has expanded Zone 1 and Zone 2 and both are thought to have potential for a resource. Results from step out drill holes in these zones are encouraging. Zone 2 drilling has revealed a much larger mineralized system than previously known. Our experience with the discovery of Zone 1 and 2 along with other similar exploration results, suggest we can find more. With strong copper prices and demonstrated technical success, we are planning to accelerate our exploration this year."

Final Results- 2010 Zone 1 Highlights

------------------------------------------------| |From |To |Interval|Cu |Ag ||----------------------------------------------||Hole |(Metres)|(Metres) |(Metres)|% |g/t ||----------------------------------------------||R10-11 |10.4 |162.5 |152.1 |0.24|1.28||----------------------------------------------||includes|32.5 |150.0 |117.5 |0.30|1.57||----------------------------------------------|| | | | | | ||----------------------------------------------||R10-12 |8.8 |245.0 |236.2 |0.27|1.01||----------------------------------------------||includes|32.5 |152.5 |120.0 |0.38|1.49||----------------------------------------------|| | | | | | ||----------------------------------------------||R10-13 |9.8 |155.0 |145.3 |0.25|1.33||----------------------------------------------||includes|22.5 |135.0 |112.5 |0.29|1.50||----------------------------------------------|| | | | | | ||----------------------------------------------||R10-18 |9.5 |273.7 |264.3 |0.18|1.20||----------------------------------------------||Includes|147.5 |273.7 EOH|126.2 |0.26|1.60||----------------------------------------------|| | | | | | ||----------------------------------------------||R10-25 |132.5 |319.1 |186.6 |0.18|1.70||----------------------------------------------||includes|232.5 |319.1 |86.6 |0.29|3.10||----------------------------------------------||includes|292.5 |319.1 EOH|26.6 |0.42|6.30||----------------------------------------------|| | | | | | ||----------------------------------------------||R10-26 |17.1 |217.5 |200.4 |0.09|0.40||----------------------------------------------||includes|20.0 |55.0 |35.0 |0.25|1.30||----------------------------------------------||includes|205.0 |217.5 |12.5 |0.30|1.00||----------------------------------------------|| | | | | | ||----------------------------------------------||R10-27 |12.9 |210.0 |197.1 |0.15|0.90||----------------------------------------------||includes|85.0 |110.0 |25.0 |0.39|2.00||----------------------------------------------||includes|182.5 |210.0 |27.5 |0.25|1.50|------------------------------------------------
R10-25, 26 and 27 are located at the north end of Zone 1. Relative to R10-26 and 27, drill hole R10-25 intersected Zone 1 a little deeper and significant copper values are open in extent. With these new results, Zone 1 is now confirmed to be approximately 800 metres by 150 metres in dimension, and remains open in extent in several directions and at depth. Fill-in drilling on sections and testing to depth is required to fully define this zone with a goal of obtaining a preliminary resource estimate.

Zone 2 was discovered in 2008, and is located approximately 1.5 kilometres northeast of Zone 1. Zone 2 is underlain by a favorable northeast-southwest "corridor" that marks the contact zone between younger and older phases of the Guichon Batholith. This corridor contains Bethlehem phase rocks that are associated with mineralization at several of the Highland Valley deposits further north. Within this five kilometre long corridor, copper and locally molybdenum, rhenium, gold and silver values occur. Outcrops and drilling have encountered encouraging results in an area approximately 1.5 kilometres by 1.0 kilometre in dimension that remains undefined and open in extent. Final Results 2008-2010 Zone 2 Highlights

---------------------------------------------------------------------| |From |To |Interval|Cu |Mo |Au |Ag |Re |Cu || | | | | | | | | |Eq* ||-------------------------------------------------------------------||Hole |(Metres)|(Metres)|(Metres)|% |% |g/t |g/t |g/t |% ||-------------------------------------------------------------------||R08-01 |175.0 |288.0 |113.0 |0.33|0.002|0.05|1.48|N/A |0.38||-------------------------------------------------------------------||includes|221.6 |228.0 |6.4 |1.65|0.017|0.03|9.38|5.20 |2.24||-------------------------------------------------------------------|| | | | | | | | | | ||-------------------------------------------------------------------||R08-05 |53.0 |179.0 |126.0 |0.46|0.008|0.10|1.71|N/A |0.58||-------------------------------------------------------------------||includes|95.0 |122.0 |27.0 |1.05|0.019|0.24|5.01|N/A |1.34||-------------------------------------------------------------------|| | | | | | | | | | ||-------------------------------------------------------------------||R09-06 |75.3 |167.0 |92.4 |0.12|0.011| |1.23|0.76 |0.25||-------------------------------------------------------------------||includes|147.5 |167.7 |20.2 |0.18|0.048|0.04|0.80|3.50 |0.76||-------------------------------------------------------------------||includes|164.7 |166.2 |1.5 |0.27|0.239|0.07|1.00|19.37|3.24||-------------------------------------------------------------------|| | | | | | | | | | ||-------------------------------------------------------------------||R09-07 |99.0 |147.0 |48.0 |0.30|0.002|0.07|1.60|0.26 |0.37||-------------------------------------------------------------------||R10-1 |37.5 |52.5 |15.0 |0.21| | |1.36| |0.23||-------------------------------------------------------------------||and |90.0 |127.5 |37.5 |0.20|0.002| |0.90|0.32 |0.24||-------------------------------------------------------------------||and |175.0 |180.0 |5.0 |0.35|0.001| |1.72|0.07 |0.38||-------------------------------------------------------------------|| | | | | | | | | | ||-------------------------------------------------------------------||R10-4 |135.0 |165.0 |30.0 |0.26|0.001| |0.66|0.17 |0.29||-------------------------------------------------------------------||and |185.0 |212.5 |27.5 |0.19|0.002|0.06|0.82|0.17 |0.25||-------------------------------------------------------------------||and |255.0 |257.5 |2.5 |0.62| |0.13|2.76| |0.71||-------------------------------------------------------------------|| | | | | | | | | | ||-------------------------------------------------------------------||R10-7 |197.5 |237.5 |40.0 |0.32|0.004| |1.23|0.12 |0.37||-------------------------------------------------------------------||includes|235.0 |237.5 |2.5 |1.80|0.040| |6.72|1.34 |2.24||-------------------------------------------------------------------|| | | | | | | | | | ||-------------------------------------------------------------------||R10-9 |7.9 |15.0 |7.1 |1.01| | |4.20| |1.06|---------------------------------------------------------------------
To date, the Company has discovered two significant new copper zones that occur at surface and have not been explored to depth. The underlying geology of Zone 1 is similar to that occurring at the Lornex or Valley deposits that are known to extend over 700 metres in depth. The geology of Zone 2 appears similar to the Highmont or Bethlehem type deposits.

In 2011, the Company plans to perform additional drilling in Zone 1 and 2, along with testing other prospective copper targets having similar positive geological, geochemical and geophysical signatures. Other under explored areas of the property with thicker glacial till limited historical geological, geochemical and induced polarization geophysical survey effectiveness. These prospective areas are within the same regional magnetic low signature that occurs at the large deposits to the north, and will be subject to modern and deeper penetrating induced polarization geophysical surveys.

The Company is pleased with the progress made to date and looks forward to continuing the development of its 100% owned Highland Valley property that is located within a mining district that has generated Canada's largest copper producer for over 25 years.

On behalf of the Board of Directors,

"David E Blann

...
Avatar
31.01.11 22:23:53
Man beachte !!:
"... senior mining company ..."


Happy Creek samples 2.52% copper, 6.21 g/t gold, 295.0 g/t silver from Silverboss Property, B.C.

Jan 31, 2011 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

January 31, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces surface sampling results from its Silverboss property, located northeast of 100 Mile House, in south-central British Columbia, Canada. Happy Creek has a 100% interest in over 100 square kilometres of mineral claims around the former Boss Mountain molybdenum mine that is currently owned by Xstrata Plc.

During 2010, the Company conducted sampling of several prospects on the Silverboss property in conjunction with representatives of a third party senior mining company. Significant results of grab samples collected by the Company and the third party are presented below.

------------------------------------------------------| |Cu |Au |Ag |In |Mo ||----------------------------------------------------|| |% |g/t |g/t |g/t |% ||----------------------------------------------------|| | | | | | ||----------------------------------------------------||Silverboss shaft zone |0.98|2.22|233.8|2.42|<0.001||----------------------------------------------------||Silverboss shaft zone |2.52|6.21|295.0|6.76|<0.001||----------------------------------------------------||Horse Trail quartz veins|0.05|0.96|36.3 |0.09|0.012 ||----------------------------------------------------||Horse Trail quartz veins|0.17|0.76|35.5 |0.21|0.002 |------------------------------------------------------
David Blann, President of Happy Creek states: "These results confirm significant copper, gold and silver values occur on the Silverboss property. They also represent the first samples analyzed for indium, a rare metal currently priced over $500.00 per kilogram, and the values obtained are thought to be positive. In addition to molybdenum mineralization extending beyond the Boss Mountain mine and onto the Silverboss property, we have a large scale copper, molybdenum and gold system that is different. It could be more closely related geologically to a porphyry system that is similar to the Woodjam-Southeast zones, operated by Gold Fields Ltd, and located to the northwest."

The Silverboss and Horse Trail zones are located approximately three kilometres northwest and one kilometre west of the Boss Mountain molybdenum mine, respectively.

The Horse Trail zone is located along large structures that extend from the adjacent Boss Mountain molybdenum mine and cut through several kilometres of the Silverboss property. The Horse Trail, Silverboss and several other mineralized zones are comprised of quartz veins that commonly contain values of 0.50 to 1.50 grams per tonne (g/t) gold and up to 53 g/t gold occurs. These veins are located within a positive gold in soil geochemical anomaly that is approximately 1.6 by 1.2 kilometres in dimension.

The Company has also outlined a positive copper in soil anomaly located north of the gold anomaly and referred to as the Gus area. The positive copper in soil anomaly is continuous over approximately 1.2 kilometres by 600 metres in dimension and remains open in extent. Approximately two kilometres further north of this area, a small soil geochemical survey performed in 1970 returned significant values up to 420 parts per million (ppm) copper and 3.0 ppm silver (gold was not analyzed) and rocks containing pyrite and chalcopyrite (copper sulphide) occur. Taken together, the positive copper values in soil occur over a 2.0 kilometre distance that remains undefined and open in extent.

Happy Creek is the first to assemble a large land position that surrounds the former Boss Mountain molybdenum mine and to conduct systematic sampling with modern analytical techniques including gold. This has resulted in the identification of large scale and positive molybdenum, copper and gold geochemical anomalies in rock and soil. The Silverboss property is located near the northern margins of the composite Takomkane batholith, a similar geological setting underlying the Woodjam-Southeast prospects that are located to the northwest.

The Company is pleased with the large scale and positive results returned from the property and compilation of data and plans for further exploration are in progress.

On behalf of the Board of Directors,

"David E Blann
...
Avatar
25.03.11 22:46:01
Fri Feb 18, 2011Happy Creek Commences 2011 Exploration in Highland Valley B.C.


February 18, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces that exploration has commenced on its Rateria property in the Highland Valley area, British Columbia, Canada.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central B.C. Over 1.8 billion tonnes of resources have been discovered in the Highland Valley district. Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres southeast of Teck's Highmont mine.

Exploration is underway to complete approximately seven square kilometres of three dimensional induced polarization and magnetic geophysical surveys to the south of Zone 1. More than 95% of this area is covered by glacial till that limited historical exploration effectiveness. This will be the first geophysical survey using more modern geophysical methods that can obtain information through deeper glacial till and to greater bedrock depth. The surveys will cover several copper zones that contain high grades of copper at surface and widespread, positive stream sediment geochemical results. It occurs entirely within a regional magnetic low and associated important younger phases of the Guichon batholith, and has similar large scale fault structures that also occur in proximity to the major deposits currently being mined to the north.

David Blann, President and CEO of the Company states: "These detailed geophysical surveys will cover a very prospective area of the Guichon batholith. We believe this work provides an exceptional opportunity to identify new, large scale copper targets. The results are expected to add to our existing targets and, in conjunction with further resource definition of Zone 1 and 2, are planned for drilling this year."

At the Sho prospect, the Company performed detailed chip sampling covering a 15 metre by 4 metre area that averaged 1.49% copper and 8.4 g/t silver. This zone remains open in extent beneath glacial till. In 2010, the Company continued prospecting approximately 400 metres to the south of the Sho prospect. A number of mineralized outcrops were located in a northwest trending zone 250 metres in length and 50 to100 metres in width that remains open in extent. Twelve grab samples within this zone contain from 0.20 to 2.84% copper and up to 12.8 g/t silver. Seven of these rock samples contain from 0.05 to 0.11 g/t gold. Silt or sediment from nine widespread stream courses contain greater than 400 and up to 951 ppm (parts per million) copper. One stream sediment sample located 200 metres downstream of the Sho trench returned 33,900 ppm (3.4%) copper, 68.9 ppm molybdenum and 4.09 g/t silver that is thought to reflect dispersion from the trench area or mineralization directly underlying the creek bed.

The Company looks forward to completion of the geophysical surveys, and is planning to drill up to 10,000 metres in approximately 30 holes during 2011.Drilling is planned to define and expand mineralization in Zone 1 and Zone 2, with a view towards developing a resource, as well as test the numerous targets generated by the Company's surface exploration.

On behalf of the Board of Directors
...
Avatar
25.03.11 22:48:47
Fri Mar 18, 2011Happy Creek provides an update the Hawk copper-gold property

March 18, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces that Jiulian Resources Inc. has relinquished its Option on the Company's Hawk Copper-Gold property located northeast of 100 Mile House, B.C., Canada. The Company has also received data collected by Jiulian for work conducted during 2009 and 2010.
The Company has a 100% interest in approximately 20 square kilometres of mineral claims that covers prospective geology and mineralized zones that remain underexplored. Exploration of the property has identified a prospective target area approximately 3.5 kilometres by 1.5 kilometres in dimension. The Company intends to perform additional exploration on this property in due course. Numerous mineralized showings occur on the property. A summary of historical and recent results are presented below.

...

The Company is reviewing and compiling previous exploration results and intends to conduct additional core sampling and geological mapping during 2011
Avatar
25.03.11 22:51:55
Folgendes ist eine prima news.
Happy Creeks sehr gute Silberboss-property ist nun quasi "umzingelt" von Xstrata / NCM:

Fri Mar 25, 2011
Happy Creek expects increased activity with a new neighbor on Silverboss property


March 25, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") has learned that NMC Resource Corporation (NMC) is looking to make its first North American acquisition by entering into a Letter of Intent with Xstrata to purchase the former Boss Mountain molybdenum mine, located northeast of 100 Mile House, B.C., Canada (refer to News Release dated March 22, 2011 TSX-V:NRC). NMC is a part of Dong Won Resource Group in South Korea which has been involved in production of iron, gold, coal, oil and gas since 1962.

David Blann, President and CEO of Happy Creek states: "Having an existing moly producer from South Korea take an interest in the Boss Mountain mine and Xstrata reserving a significant back-in right, supports our original vision as to the potential value of this and our adjoining Silverboss property. With Goldfields to the northwest and now these companies working next door, this should be the catalyst to draw attention to the area that all along, we've felt it deserved. Our work on the Silverboss has confirmed there is potential for new deposits immediately adjacent the mine property. In addition, Boss Mountain and our Fox tungsten-molybdenum property to the east share positive geological similarities and significant grades that could also play a role in the future of this area."

Happy Creek is well financed and planning an aggressive exploration program during 2011 on its 100% owned copper, molybdenum and tungsten properties.


About the Silverboss property

Happy Creek is the first to acquire a 100% interest in approximately 155 square kilometres of mineral claims that surround the former Boss Mountain molybdenum mine property (27.7 square kilometres) and come within 350 metres from the edge of an open pit. As historical exploration between the 1950's and 1981 was very limited beyond the known deposits, the Company's recent work has confirmed there is a much larger mineralized system than previously known with potential for new deposits to the north and south of the mine property. Systematic exploration by the Company has confirmed molybdenum (up to 0.67% Mo in rock samples) extends onto the Silverboss property and has identified several other areas having potential for new discoveries of molybdenum, copper, gold and silver.

About the Fox property

The Company also has a 100% interest in the Fox property that consists of approximately 138 square kilometres of mineral claims located approximately 25 kilometres to the east of the Boss Mountain molybdenum mine. Here, the Company has identified a tungsten-molybdenum system that is 10 kilometres by 3 kilometres in dimension, locally containing high grades of tungsten (up to 7% W03) and molybdenum (up to 12% Mo). The Fox is a relatively new and early stage property thought to represent a significant new tungsten-molybdenum discovery in western Canada

...
Avatar
25.03.11 22:55:29
Happy Creek hat die Kassen voll gefüllt.

Ich warte nur endlich auf news mit aggressivem drill program.

Bei DEN Ergebnissen, die die bisherigen Bohrungen bereits ergeben haben, erwarte ich im Anschluß ein Feuerwerk an guten drill news.
Avatar
30.03.11 23:20:33
Endlich !! :) Bohrbegin im April auf der Highland property !!:


Happy Creek Completes IP Survey and Prepares for Drilling in Highland Valley B.C.

Mar 30, 2011 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

March 30, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces that the 3D IP (three dimensional induced polarization) and magnetic geophysical survey announced February 18, 2011, has been completed.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central B.C. Over 1.8 billion tonnes of resources in five deposits have been discovered in the Highland Valley district. Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres southeast of Teck's Highmont mine. Highlights of drilling include 253.7 metres of 0.24% copper including 120.0 metres of 0.38% copper in Zone 1, and 126.0 metres of 0.46% copper, 0.008% molybdenum and 0.10 g/t gold in Zone 2. Zone 2 also contains intercepts such as 38.2 metres of 0.029% molybdenum and 2.14 g/t rhenium.

The Company has been informed by SJ Geophysics Ltd. that approximately 49 line kilometres (ten square kilometres) of 3D IP and magnetic geophysical surveys were performed and data inversion processing is underway.

"Results of these detailed geophysical surveys will be available in approximately three weeks" states David Blann, President and CEO of Happy Creek. "This timing will fit well with our schedule for drilling to commence in April. We have compiled and reviewed data over the past few months and developed a plan for drilling Zone 1 and 2 and testing a number of quality targets identified from our surface work. These new targets are thought to hold excellent potential to build on our two discoveries and we look forward to getting started".

Located approximately three kilometres south of Zone 1, the recent geophysical surveys covered several historical prospects that contain high grades of copper at surface and widespread, positive stream sediment geochemical results. The surveys were performed entirely within a regional magnetic low that is associated with important younger phases of the Guichon batholith that includes Bethsaida, Skeena and Bethlehem phases that are host to the major deposits to the north.

At the Sho prospect, a 15 metre long zone returned an average of 1.49% copper and 8.4 g/t silver over a 4 metre width and remains open in extent beneath glacial till. Approximately 400 metres to the south, twelve outcrop grab samples contain from 0.20 to 2.84% copper and up to 12.8 g/t silver. Seven of these rock samples contain from 0.05 to 0.11 g/t gold. These samples occur in a northwest trending zone approximately 250 metres by 50 to 100 metres in width that remains open in extent. Silt or sediment from nine widespread stream courses contain greater than 400 and up to 951 ppm (parts per million) copper located up to 2.5 kilometres west of the outcropping copper zones. One stream sediment sample located 200 metres downstream of the Sho trench returned 33,900 ppm (3.4%) copper, 68.9 ppm molybdenum and 4.09 g/t silver that is thought to reflect dispersion from the trench area or mineralization directly underlying the creek bed.

The positive results in rock and stream sediment samples and underlying geology support the potential for this area to host new copper deposits. The results of the geophysical surveys will assist in defining targets for drilling.

The Company looks forward to drilling up to 10,000 metres in approximately 30 holes during 2011. With a view towards developing a resource, drilling is planned to define and expand Zone 1 and Zone 2, as well as testing a number of the targets generated by the Company's surface exploration.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
03.05.11 22:54:28
Endlich:

Happy Creek Commences Drilling in Highland Valley B.C.
May 03, 2011 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

May 3, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce that the 2011 drilling program is underway on its Rateria property in Highland Valley, B.C.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central B.C. Over 1.8 billion tonnes of resources in five deposits have been discovered in the Highland Valley district. HVC is currently mining material with an average grade of around 0.26% copper. Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres southeast of Teck's Highmont mine. Highlights of drilling include 253.7 metres of 0.24% copper including 120.0 metres of 0.38% copper in Zone 1. Zone 2 is located approximately 2 kilometres to the northeast and has returned 126.0 metres of 0.46% copper, 0.008% molybdenum and 0.10 g/t gold. Zone 2 also contains intercepts such as 38.2 metres of 0.029% molybdenum and 2.14 g/t rhenium that are thought to support the presence of a porphyry copper-molybdenum system.

"Our exploration program will consist of up to 10,000 metres of drilling to further define and expand Zone 1 and Zone 2. We will also test new targets identified from our comprehensive surface exploration, reconnaissance drilling and data analyses." states David Blann, President and CEO of Happy Creek. "The objectives are to advance the known copper zones potentially leading to a resource estimate and to discover new ones for which we believe there is a fair chance of reward".

Between February and the end of March, 2011, a three dimensional induced polarization (3D IP) and magnetic geophysical survey was completed. These surveys cover approximately seven square kilometres of prospective geology and several important copper prospects located to the south of Zone 1 and final results are pending.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
26.05.11 22:25:59
Happy Creek's Geophysical Surveys Identify New Targets in Highland Valley B.C.

May 26, 2011 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

May 26, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") has received final results of a three dimensional induced polarization (3D IP) and magnetic geophysical survey performed on its Rateria property in the Highland Valley area, B.C., Canada.

The geophysical surveys were performed by SJ Geophysical Consultants Ltd., of Vancouver, B.C., and covered approximately seven square kilometres in area that is located to the south of the Company's Zone 1 where drilling is currently underway. The 3D IP survey can obtain quality data to over 400 metres below surface in areas where extensive glacial till limited previous survey effectiveness. The recent surveys covered prospective geology, several copper prospects, positive copper values in stream sediment and over 90% of the area is covered by glacial till.

Results include large scale and positive chargeability values of 6 to greater than 13 milliseconds, with a background of around 3 milliseconds. In addition, low to moderate resistivity and low to moderate magnetic susceptibility are similar physical properties to where the Company has previous success with drilling. One target area extends from the Company's Moss 4 prospect southward for 3 kilometres and varies between 200 and 600 metres in width and extends to over 400 metres in depth. The Moss 4 prospect consists of a small outcropping copper zone, quartz vein boulders with up to 9.71% copper in a grab sample, and stream sediment samples contain 971 and 575 ppm copper from the north and south end of the target area, respectively. These geochemical and geophysical results are thought to be very positive and reflect part of a favorable "corridor" that now extends over 8.5 kilometres through the property, with Zone 2 occurring at the north end.

A second area of interest occurs around the Sho prospect that consists of a 15 metre long and 4 metre wide shear zone averaging 1.49% copper and 8.4 g/t silver and is open in extent beneath glacial till. Historical percussion holes of around 40 metres in depth and located approximately 200 metres west and 500 metres southwest of the Sho contain 0.10% copper at the end of the hole and 6.0 metres of 0.38% copper, respectively. Approximately one kilometre south of the Sho prospect, outcrop grab samples contain from 0.20 to 2.84% copper and up to 12.8 g/t silver. The new geophysical results indicate these mineralized zones may be connected and reflect part of a target that is overall 1.2 kilometres by 600 metres in dimension and extends to over 400 metres in depth.

David Blann, President and CEO of Happy Creek states: "We are pleased to see the corridor continue another 3 kilometres and several quality targets are apparent near the Moss 4 prospect. The surveys have also identified the known copper zones at surface around the Sho prospect and a target of considerable size has emerged. This work was successful in providing additional, large scale and quality porphyry copper targets that add to the potential of this property."

The surveyed area is underlain largely by the important younger phases of the Guichon Batholith including Bethsaida, Skeena and Bethlehem phases and are cut by intersecting regional scale north, northwest and easterly trending faults. In addition, widespread stream sediment and outcrop samples contain positive copper values. The favorable geology, structural setting, geochemistry, copper prospects and geophysical results are similar to the Company's Zone 1 and thought to reflect excellent potential for a porphyry copper system to occur in this area.

The Company has a 100% interest in approximately 145 square kilometres of mineral tenure that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central B.C. Over 1.8 billion tonnes of resources in five deposits have been discovered in the Highland Valley district. HVC is currently mining material with an average grade of around 0.26% copper. Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres southeast of Teck's Highmont mine. Highlights of drilling include 253.7 metres of 0.24% copper including 120.0 metres of 0.38% copper in Zone 1. Zone 2 is located approximately 2 kilometres to the northeast and has returned 126.0 metres of 0.46% copper, 0.008% molybdenum and 0.10 g/t gold. Zone 2 also contains intercepts such as 38.2 metres of 0.029% molybdenum and 2.14 g/t rhenium.

The Company is currently diamond drilling with one drill around Zone 1. Mobilization of a second drill for testing new targets has been delayed due to the late spring and closure of the secondary logging roads because of wet, soft road conditions and washouts. These conditions may prevail for around three weeks.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
01.06.11 22:17:12
Schön !!:


Happy Creek drills 95.0 metres of 0.65% copper in Highland Valley B.C.

(via Thenewswire.ca)

June 1, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces preliminary analytical results from the first hole of 2011 in Zone 1 on its Rateria property, Highland Valley, B.C.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central B.C. Over 1.8 billion tonnes of resources in five deposits have been discovered in the Highland Valley district. HVC is currently mining material with an average grade of around 0.26% copper. Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres southeast of Teck's Highmont mine. Previous highlights of drilling include 253.7 metres of 0.24% copper including 120.0 metres of 0.38% copper in Zone 1. Zone 2 is located approximately 2 kilometres to the northeast and has returned 126.0 metres of 0.46% copper, 0.008% molybdenum and 0.10 g/t gold. Zone 2 also contains intercepts such as 38.2 metres of 0.029% molybdenum and 2.14 g/t rhenium.

Happy Creek has intersected 95.0 metres grading 0.65% copper and 3.62 g/t (grams per tonne) silver from 220 to 315 metres in drill hole R11-1. This hole is angled at -55 degrees across the northerly trending Zone 1. Low copper values occur above and below this interval with the final 12.5 metres containing 0.10% copper to 404.5 metres where the hole was shut down due to drilling difficulty. The significant interval in R11-1 is approximately 100 to 150 metres beneath R07-09 that returned 100.0 metres of 0.29% copper near surface and on this section, importantly indicates good continuity of the zone and higher grade at depth. Glacial till in Zone 1 is around 7 to 9 metres in thickness and potentially economic copper grades are confirmed from bedrock surface to 250 metres below surface and remain open in extent.

"We are very encouraged from results of the first hole this year, which shows good continuity and increasing copper grade" states David Blann, President and CEO of Happy Creek. "This phase of drilling is focusing on the definition of Zone 1 and testing similar geophysical targets nearby."

The Company is currently completing the fourth of up to 25 drill holes and has approximately $3.4 million in working capital.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
06.06.11 22:11:32
Ich glaube, ich brauche mehr Aktien ...: ;)


Happy Creek Acquires BX Copper Property in Highland Valley B.C.

(via Thenewswire.ca)

June 6, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") has negotiated an Option agreement with an arm's length vendor to earn a 100% interest in the BX property located in Highland Valley, B.C.

The BX property is approximately 11.5 square kilometres in area and adjoins Teck's Highland Valley Copper mine property, approximately six kilometres from the former Bethlehem deposits, the first copper mine in the camp. The BX property is thought to provide the Company with another quality target with resource potential that compliments its on-going development of the Rateria property approximately ten kilometres to the south.

The BX prospect consists of a series of trenches dating from around 1958 that partially expose a north to northwesterly trending copper zone approximately 760 metres in length and 120 metres in width. Importantly, the trenches do not delineate the overall width or length of the mineralized zone
. The BX prospect is located within extensive northwest trending regional magnetic low and positive historical induced polarization (IP) geophysical anomalies that are coincident with positive historical copper in soil samples. At the northern end of the soil anomaly other historical trenches appear not to have reached bedrock, and boulders contain copper oxides. Together, the trenches, geophysical and geochemical surveys suggest the target area could be 2.5 kilometres in length and wider than the 120 metres that the trenches reveal. In 1969, nine vertical diamond drill holes averaging 95 metres in depth were reported to contain 0.5 to 2.5% copper over intervals of 1.2 to 7.0 metres. It is not known how much of the core was recovered or sampled.

During 2010, an assessment of the property was performed by Graeme Evans, P.Geo., an experienced professional geologist that is at arm's length to the vendor and the Company. Seven representative rock samples obtained from the BX trenches range from 0.25% copper to 1.68% copper. These representative samples average 0.86% copper which is consistent with historical trench sampling and could be of economic interest. Several of the historical drill hole collars were located and observed to be small AX size (1.2 inches), that is generally thought to have limited effectiveness within strongly broken rock.

"Having a sizeable copper zone already exposed and with encouraging grades is rare and allows us to get to the drilling stage quickly" states David Blann, President and CEO of Happy Creek. "We see considerable potential in light of previous exploration being over 40 years ago and positive copper values in historical shallow drill holes and trenches. The BX property is an excellent addition to our Highland Valley properties and fits our objective to develop resources in the area."

The BX property is approximately 95 percent covered by glacial till. The geology consists of Guichon Batholith granodiorite cut by dykes of more felsic Bethlehem or Bethsaida phase and chlorite, epidote, quartz, k-feldspar, sericite and tourmaline alteration minerals occur. Chalcopyrite, bornite (copper sulphides) and malachite, azurite (copper oxides) are the predominant copper minerals present within the trenches. The geology, alteration and copper minerals are consistent with Highland Valley style porphyry copper systems that can have considerable size and depth potential.

Together, the published historical exploration up to 1969 and recent results from the BX property are thought to reflect potential for a porphyry copper system up to 2.5 kilometres in length. The Company plans to conduct geophysical surveys followed by diamond drilling as part of its on-going work within the Highland Valley district during 2011.

Terms of the BX Property Option

The Company has been granted the exclusive right to acquire an undivided 100% interest in the BX property over a three year period, by paying a total of $130,000 in cash, issuing a total of 500,000 in shares and incurring a total of $400,000 in exploration expenditures on the BX property. Upon vesting of the Company's interest, the Optionor will hold a 2% NSR (Net Smelter Royalty), and the Company has the right to purchase 1% of the NSR by paying $1,000,000 in cash to the Optionor.

On behalf of the Board of Directors,

"David E Blann

...
Avatar
07.06.11 10:13:07
Der Beitrag hier nur, damit die, die hier zufällig reinlesen, animiert werden sich HappyCreek mal genauer anzuschauen ...!

M.E. ist hier ein Kupfer-Gigant am Entstehen ...!

- Riesen-properties,
- mit Riesen-Potential,
- mit bereits SEHR guten Bohrergebnissen,
- in direkter Nähe zu Infrastruktur bzw. zu Tecks Highland Valley Mine ... die bereits nicht mehr so gute Resultate hergibt wie in all den Jahren zuvor ... ;)

Gruß, praesens
Avatar
06.07.11 14:16:32
Happy Creek Provides an Exploration Update

Jul 05, 2011 (TheNewswire.ca via COMTEX News Network) --

(via Thenewswire.ca)

July 5, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces that it has brought a second drill to the Rateria property, located a new copper-molybdenum zone on the Hen property, and Newmont Mining Corp. is another new neighbor on the Silverboss property.

Highland Valley District

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central British Columbia (B.C.). Over 1.8 billion tonnes of resources in five deposits have been discovered in the Highland Valley district. HVC is currently mining material with an average grade of around 0.26% copper. Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres southeast of Teck's Highmont mine.

On June 1, 2011 Happy Creek announced preliminary results from drill hole R11-1 that returned a significant interval from Zone 1. Final results from this hole are received and include 95.0 metres grading 0.67% copper and 3.62 g/t (grams per tonne) silver or 95.0 metres of 0.72% copper equivalent*. Preliminary geochemical results from five holes are currently being reviewed and assays are pending for over limit and higher grade sections.

Happy Creek announces it has engaged a second diamond drill at the Rateria property in order to conduct testing of the numerous quality targets it has developed using geology, geophysical and geochemical surveys. This drill is currently testing a new target located approximately 800 metres west of Zone 1 and has intersected Bethsaida phase intrusive rock with multiple, relatively narrow intervals containing positive alteration, quartz veins and bornite (copper sulphide) from bedrock surface to a current depth of about 200 metres. These observations are thought to be encouraging and suggest this new area has significant potential. Eight diamond drill holes have been completed in Zone 1 to date this year and several more are anticipated in order to fully define this copper zone. Drilling has tested Zone 1 at deeper levels and the overall mineralized system has been expanded in certain areas and is up to 150 metres or more in width, over 850 metres in length and at least 400 metres in depth and remains open in extent. It is thought that Zone 1 continues to the south and further drilling in this direction is planned.

"Zone 1 changes from dominantly chalcocite copper mineralization near surface to a more typical bornite-chalcopyrite copper porphyry system at around 200 metres depth and we have not found the end of mineralization at 440 metres below surface." states David Blann, President and CEO of Happy Creek. "In addition, there is more confidence that the extension to Zone 1 occurs a few hundred metres further south where previous shallow drilling results are similar to the upper levels of Zone 1 and suggest proximity to a very large porphyry system. With a 100% interest, it is exciting to test a new target because we have the right geology and proof new deposits exist. There is an excellent opportunity to discover more, and potentially a giant for which Highland Valley is known".

Cariboo District

The Hen property is located northeast of 100 Mile House, B.C. and 7 kilometres south of Xstrata's former Boss Mountain molybdenum mine. Recent prospecting on the Hen property has located a new showing of significant interest. An area approximately 400 metres by 250 metres in dimension contains abundant quartz veinlets with chalcopyrite (copper sulphide) and molybdenite (molybdenum sulphide) that is hosted by a granitic intrusive rock. No assays have been received to date, however the preliminary observations suggest the mineralized zone is open in extent beneath glacial till and thought to represent a new bulk tonnage copper-moly-gold target. Soil geochemical sampling is underway.

During a recent review of the Company's 540 square kilometres of mineral tenures, it has learned that Newmont Mining Corporation has acquired mineral tenures that adjoin the Company's 100% owned Silverboss property along the northwestern side. The Silverboss property is approximately 150 square kilometres in area and surrounds Xstrata and partner NMC Resource Corp's former Boss Mountain molybdenum (moly) mine. On the Silverboss property the Company has outlined on surface large scale copper, molybdenum and gold targets (refer to website www.happycreekminerals.com). In 2010, rock samples returned 2.52 percent copper, 6.21 g/t gold, 295 g/t silver and 6.76 g/t indium from the Silverboss Shaft, and 0.05% copper, 0.012% molybdenum and 0.96 g/t gold from the Horse Trail zone.

"Happy Creek began field work in February this year and we continue to conduct multi-property exploration. Our 100% owned Silverboss and Hen property appears to be situated in an important part of an emerging copper-moly-gold camp, as highlighted in a recent Northern Miner article. With Xstrata, Gold Fields and now Newmont, this area has attracted the Majors for a good reason, and we are pleased to have already identified quality large scale copper, moly and gold targets on several 100% owned projects."

The Company has granted to a consultant 400,000 Options of the Company at $0.23 per share that are exercisable for a period of one year. The options will vest at a rate of 25% of the total number of options granted every three months.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
13.07.11 20:26:51
... und weiter gute news:


Happy Creek Drills 100 metres of 0.35% copper, 2.2 g/t silver in Highland Valley, B.C.

Jul 13, 2011 (TheNewswire.ca via COMTEX News Network) --

(via Thenewswire.ca)

July 13, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce additional diamond drilling results from its on-going exploration on the Rateria property, Highland Valley district, British Columbia (B.C.), Canada.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central B.C. Over 1.8 billion tonnes of resources in five deposits have been discovered in the Highland Valley district. HVC is currently mining material with an average grade of around 0.26% copper.

Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres southeast of Teck's Highmont mine. Previous highlights of drilling include 253.7 metres of 0.24% copper including 120.0 metres of 0.38% copper and recently drill hole R11-1 with 95.0 metres containing 0.67% copper, 3.6 g/t (grams per tonne) silver. Zone 2 is located approximately 2 kilometres to the northeast and has returned 126.0 metres of 0.46% copper, 0.008% molybdenum and 0.10 g/t gold. Zone 2 also contains intercepts such as 38.2 metres of 0.029% molybdenum and 2.14 g/t rhenium.

New results from Zone 1 include drill hole R11-6 with 100.0 metres of 0.35% copper, 2.2 g/t (grams per tonne) silver, or 100.0 metres of 0.38% copper equivalent*. This includes a higher grade section of 10.0 metres grading 1.10% copper, 8.1 g/t silver.

Holes R11-2, 3 and 5 are located north and west of R11-1 and R11-6, and have expanded the copper zone in this direction where it remains open in extent to the west and at depth. These drill holes contain 406.9 metres of 0.09% copper, 257.8 metres of 0.15% copper and 400.5 metres of 0.08% copper, respectively, with the copper values starting from surface. R11-3 and R11-5 include intervals of 80.0 metres of 0.23% copper and 80.0 metres of 0.25% copper, respectively. Glacial till thickness in this area is around 10.0 metres to bedrock surface.

David Blann, President and CEO of Happy Creek states: "We continue to intersect positive grades and are confirming continuity. In addition, the long, low grade copper values starting from surface could indicate Zone 1 is larger than previously thought. We know mineralization occurs from surface to at least 440 metres depth and is at least 850 metres in length but there is quite a bit that remains unknown about the ultimate size and shape of this deposit."

2011 Zone 1 Drill Results Summary Table



-----------------------------------------------------
| |From |To |Interval|Cu |Ag |Cu Eq*|
|---------------------------------------------------|
|Hole |(metres)|(metres)|(metres)|% |g/t|% |
|---------------------------------------------------|
|R11-1 |220.0 |315.0 |95.0 |0.67|3.6|0.72 |
|---------------------------------------------------|
|includes|247.5 |267.5 |20.0 |1.46|7.7|1.56 |
|---------------------------------------------------|
|R11-2 |9.8 |419.1 |406.9 |0.09|0.7|0.10 |
|---------------------------------------------------|
|includes|172.5 |330.0 |157.5 |0.19|1.1|0.20 |
|---------------------------------------------------|
|R11-3 |9.8 |267.4 |257.8 |0.15|1.3|0.17 |
|---------------------------------------------------|
|includes|120.0 |200.0 |80.0 |0.23|2.0|0.26 |
|---------------------------------------------------|
|R11-4 |12.2 |167.5 |155.3 |0.10|0.5|0.10 |
|---------------------------------------------------|
|includes|82.5 |112.5 |30.0 |0.24|1.3|0.26 |
|---------------------------------------------------|
|R11-5 |12.2 |412.7 |400.5 |0.08|1.1|0.09 |
|---------------------------------------------------|
|includes|225.0 |305.0 |80.0 |0.25|3.0|0.29 |
|---------------------------------------------------|
|R11-6 |177.5 |277.5 |100.0 |0.35|2.2|0.38 |
|---------------------------------------------------|
|includes|255.0 |265.0 |10.0 |1.10|8.1|1.20 |
-----------------------------------------------------

Results from three additional holes from the southern end of Zone 1 are pending. Drilling is continuing to define and expand Zone 1, with current attention to the southern extension where it is thought to connect with a larger geophysical target a few hundred metres further south.

A second drill rig is currently testing new targets. Visual results from R11-9, located approximately 800 metres west of Zone 1 and 700 metres northeast of the Copper Creek target are thought to be of exploration interest and support testing of the Copper Creek target to the south. An access trail was recently completed to the Copper Creek target area, where the first ever drilling is planned. Wide spread quartz vein boulders have returned values of 3.34%, 1.74% and 1.04% copper, and up to 0.021% molybdenum and 5.78 g/t silver. Stream sediment samples have returned from 190 ppm (parts per million) up to 1,625 ppm copper and 57 ppm molybdenum from several stream tributaries. These encouraging surface samples are underlain by an induced polarization geophysical anomaly approximately 800 by 600 metres in dimension and reflects a prospective target.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
15.08.11 22:53:17
Happy Creek begins drilling Fox tungsten property, B.C.
Aug 15, 2011 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)

August 15, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces that it has commenced a diamond drilling program on its 100% owned Fox tungsten property. The Fox property is located approximately 30 kilometres east of the past producing Boss Mountain molybdenum mine and 75 kilometres northeast of 100 Mile House, in south central British Columbia, Canada.

"With tungsten prices over US$40.0/kg W03 (tungsten trioxide), the economic potential of the Fox property is thought to be very significant" states David Blann, President and Chief Executive Officer. "The size of this mineralized system and grades returned are comparable to other tungsten mines around the world, and we are excited to begin the first ever drilling of the Ridley Creek area." An initial phase consisting of 1,500 metres of diamond drilling will test three main outcropping zones (RT, BK and BN) that occur over a two kilometre distance.

Worldwide tungsten mines generally average 0.3 to 1.0% W03 and few mines average greater than 1.0% W03. Refer to the summary below and the news release dated January 17, 2011 for details of the trenching results.

Summary of 2010 trench and rock chip samples

---------------------------------------------------| Sample | ID |Width |W03 |W03 | ||-------------------------------------------------|| Type | |metres|% |kg/t|Comments ||-------------------------------------------------||Trench |RT-1 |6.6 |0.30|3.0 |open one end ||-------------------------------------------------|| |RT-2 |7.0 |0.80|8.0 |open one end ||-------------------------------------------------|| |RT-3 |4.9 |1.07|10.7|open one end ||-------------------------------------------------|| |RT-4 |1.3 |2.54|25.4|open one end ||-------------------------------------------------|| |RT-6 |2.0 |5.00|50.0|open both ends||-------------------------------------------------|| |RT-7 |5.0 |0.98|9.8 |open one end ||-------------------------------------------------|| |BK-1 |1.0 |0.57|5.7 |open one end ||-------------------------------------------------|| |BK-2 |7.3 |1.25|12.5|full width ||-------------------------------------------------|| |BK-3 |4.6 |0.85|8.5 |open both ends||-------------------------------------------------|| |BK-4 |4.0 |0.12|1.2 |open both ends||-------------------------------------------------|| |BK-5 |3.0 |2.11|21.1|open one end ||-------------------------------------------------||Rock chip|BN 4858|1.0 |4.66|46.6|open one end ||-------------------------------------------------|| |BN 4860|0.6 |3.86|38.6|open one end ||-------------------------------------------------|| |BN 4861|0.5 |1.36|13.6|open one end ||-------------------------------------------------|| |BN 4862|0.8 |1.63|16.3|open one end ||-------------------------------------------------|| |BN 4863|0.8 |2.95|29.5|open one end ||-------------------------------------------------|| |708658 |0.3 |5.83|58.3|open both ends||-------------------------------------------------|| |708660 |2.0 |1.52|15.2|open both ends|---------------------------------------------------
--------- | | | | | ---------

These three outcropping zones at Ridley Creek are part of a continuous and favorable geological package of geology with positive tungsten in soil that extends over three kilometres. On the Fox property, positive to potentially economic values of tungsten and accessory zinc and indium values occur at the Ridley Creek as well as at the Nightcrawler-Discovery zone four kilometres to the south.

The geology consists of a complex multi-phase monzogranite similar in age to the nearby boss Mountain molybdenum mine. A difference is that on the Fox property the monzogranite cuts folded calcareous metasediment and limestone, Paleozoic and older in age. Surrounding the monzogranite, metasediment and limestone are intensely hornfels, muscovite-sericite, calc silicate and skarn altered. Molybdenum and fluorine are present within skarn, quartz veins and monzogranite that are thought to represent potential for a sizeable porphyry tungsten-molybdenum system. Locally, zones 1.7 metres in thickness contain 0.51% molybdenum in drill core and up to 12.8% molybdenum in blocks of approximately 0.50 to 0.65 metres in thickness. The calc silicate, skarn and cross cutting quartz veins contain scheelite (calcium tungstate), an ore of tungsten.

Positive values of tungsten occur in rock, soil and stream sediment in an area approximately ten kilometres by three kilometres in dimension. The Fox property is located approximately seven kilometres from hydropower, excellent resource based infrastructure and is thought to reflect a significant new tungsten-molybdenum prospect in western Canada.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
24.08.11 15:44:31
Happy Creek appoints Technical Advisory Board

Aug 24, 2011 (TheNewswire.ca via COMTEX News Network) --

(via Thenewswire.ca)

August 24, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce it has created a new technical advisory board with the addition of professional consultants David Kuran, P.Geo. and Graeme Evans, P.Geo.

David Blann, President of Happy Creek states: "We are extremely pleased to have Mr. Kuran and Mr. Evans engaged in this role with the Company. Individually, they are accomplished technical people with a wide range of global exploration, development and senior mining company experience. Together they create a foundation from which we can build on our existing exploration success, and we look forward to their contribution to the corporate decision making process."

Graeme Evans graduated from the University of British Columbia in 1983 with a B.Sc. Geology, and has subsequently worked continuously in mineral exploration throughout the cordillera from Alaska to Nevada. Graeme's experience includes exploring for calc-alkaline and alkaline porphyries, sedex, VMS, skarns and mesothermal and epithermal gold systems for a number of senior companies including Hudson Bay Mining, B.P. Selco, Inmet and more recently Teck Resources between1991 and 2009. Work has ranged from grassroots to advanced feasibility work on numerous programs and he has been involved with teams making a number of discoveries. Graeme has also visited projects globally, managed property submittals and developed generative programs as well as spending several years working on Archean gold projects. Graeme is registered with the Association of Professional Engineers and Geoscientists of B.C. and Association of Professional Geologists of Ontario.

David Kuran graduated from the University of Manitoba in 1978 with a B.Sc Geology. He is a BC based consulting geologist with 33 years experience in the international mineral exploration and mining industry. Dave was Senior Geologist for Homestake Canada Inc. for 11 years between 1990 and 2001 where he was responsible for exploration and development at the Eskay Creek Mine and district, later for Western Canada, Alaska and Europe. In 2003 he was co-recipient of the E.A. Scholz Award for Mine Development at Eskay Creek. Dave joined Fronteer Development Group (Fronteer Gold) in 2007 as Manager of New Projects and Evaluation. Fronteer was recently sold to Newmont Mining Corp. for $2.3 billion. Dave was responsible for project completions in the Yukon and worldwide project generation focusing on Nevada and Turkey. Mr. Kuran presently manages Kuran Exploration Limited, a private consulting company with clients based in Vancouver and projects located in BC, Nevada, Turkey and Argentina. He has participated in and managed exploration and development programs ranging from early stage to multifaceted pre-production development and evaluation projects in the western Cordillera and Archean terrane. Mr. Kuran is a Member of the Association of Professional Engineers and Geoscientists of B.C. since 1992 and a Fellow of the Geological Association of Canada since 1985.

In connection with the appointments to the advisory board, Happy Creek has granted 1,650,000 Options of the Company to directors, officers, employees and consultants to the Company at a price of $0.23 per share for a period of two years.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
19.09.11 16:29:41
Happy Creek drills 50 metres of 0.39% copper and continues expanding Zone 1 to the south

Sep 19, 2011 (TheNewswire.ca via COMTEX News Network) --

(via Thenewswire.ca)

September 19, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V:HPY, the "Company") announces results of additional drilling from its on-going exploration on the Rateria property, Highland Valley district, British Columbia (B.C.), Canada.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central B.C. Over 1.8 billion tonnes of resources in five deposits have been discovered in the Highland Valley district. HVC is currently mining material with an average grade of around 0.26% copper.

Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres south-southeast of Teck's Highmont mine. Previous highlights of drilling include R10-12 with120.0 metres of 0.38% copper starting at surface, R11-1 with 95.0 metres of 0.67% copper, 3.6 g/t (grams per tonne) silver and R11-8 with 250.0 metres of 0.25% copper. Zone 2 is located approximately 2 kilometres to the northeast where drilling has returned 126.0 metres of 0.46% copper, 0.008% molybdenum and 0.10 g/t gold, as well as significant intercepts such as 38.2 metres of 2.14 g/t rhenium.

New results from Zone 1 include drill hole R11-10 with 50.0 metres of 0.39% copper
, 2.4 g/t silver within an overall mineralized interval of 280.3 metres containing 0.14% copper that starts at 190.0 metres. R11-10 is located approximately 65 metres south of R07-13 (189 metres of 0.22% copper including 84 metres of 0.30% copper) and approximately 50 metres north of R07-12/14 that are relatively shallow holes with positive alteration and geochemical levels of copper that are of exploration interest. R11-10 cut the zone beneath R07-12, 14 and has extended significant grades in Zone 1 to the south by 65 metres and it remains open in extent.

David Blann, President and CEO of Happy Creek states: "R11-10 is important as it has expanded Zone 1 and suggests increasing size and grade beneath previous shallow holes. In addition, many of our widespread exploration holes look similar to these shallow holes and reflect positively on the size of this mineral system and the potential within it. Zone 1 is continuously mineralized over 900 metres, remains open in extent and we are encouraged with the persistence of the structure. There is an excellent chance it continues and may lead us to the discovery of another deposit".

Drill hole R11-9 is located approximately 800 metres west of R11-10. The hole was drilled to the west and intersected multiple 2.5 metre intervals containing chalcocite, bornite, and chalcopyrite (copper sulphides) with up to 0.15% copper and is of exploration interest. Drill core contains copper and geochemical levels of molybdenum, silver and rhenium associated with quartz veins and quartz sericite/muscovite alteration. The hole was lost at a depth of 305.7 metres with the final 3.2 metres containing 0.11% copper. R11-9 is thought to have intersected a different part of the Zone 1 hydrothermal system. As with other exploratory drilling, R11-9 supports a larger overall footprint for a productive mineral system around Zone 1.

Approximately 7 to 12 metres of glacial till covers Zone 1 and the Company's drilling to date confirms the copper zone occurs from bedrock surface to over 400 metres below surface. Copper and silver values occur with predominantly bornite, chalcocite and minor chalcopyrite. Pyrite (iron sulphide) is rare. This low-sulphur and relatively higher copper style of mineralization can impart metallurgical benefits that are being considered for further study. Zone 1 is within a northerly trending structure that is parallel to the Lornex fault to the west, and is hosted by the important Bethsaida and Skeena phases of the Guichon batholith. This geological setting is thought to be similar to the deposits currently in production to the north.

Logging activity in the Company's Copper Creek target is near completion, and drill access trails to this area are in preparation. The Copper Creek area is located 800 metres south of R11-9 and west-southwest of Zone 1. This target is defined by positive stream sediment samples of up to 1,625 ppm (parts per million, or 0.16% copper), 80 ppm molybdenum, and angular quartz vein boulders containing positive values up to a maximum 3.34% copper, 0.021% molybdenum and 5.78 g/t silver within the favorable Bethsaida or Skeena phase of the batholith. A large, positive induced polarization and magnetic geophysical signature occurs. In part due to irregular shaped historical claim boundaries, this prospective area is thought to have never been previously explored by drilling. This and other similar untested target areas occur within the 100% owned Rateria property.

On behalf of the Board of Directors,

"David E Blann"
Avatar
19.09.11 16:30:15
Hi,

ist hier wirklich niemand investiert ...?

Gruß, praesens
Avatar
04.10.11 09:43:56
Happy Creek drills up to 8.45% W03 (tungsten trioxide) on the Fox property, B.C.

Oct 03, 2011 (ACCESSWIRE-TNW via COMTEX News Network) --

October 3, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce the first ever diamond drill results from the Ridley Creek area on its 100% owned Fox tungsten property. The Fox property is located approximately 30 kilometres east of the past producing Boss Mountain molybdenum mine and 75 kilometres northeast of 100 Mile House, in south central British Columbia, Canada. Due largely to limitation of exports from China and lack of supply, tungsten has maintained a price over $40.0 per kg (kilogram) of W03.*

First Drilling Results from Ridley Creek area of Fox property



----------------------------------------------------------
|A |From |To |Interval|W03 |W03 |Zn |
|--------------------------------------------------------|
|Hole |(metres)|(metres)|(metres)|% |(kg/tonne)|% |
|--------------------------------------------------------|
|A |A |A |A |A |A |A |
|--------------------------------------------------------|
|F11-01 |8.3 |10.1 |1.8 |1.29|12.9 |0.34|
|--------------------------------------------------------|
|F11-02 |7.2 |9.4 |2.2 |2.21|22.1 |0.34|
|--------------------------------------------------------|
|includes|7.2 |7.7 |0.5 |8.45|84.5 |1.41|
----------------------------------------------------------

David Blann, President and Chief Executive Officer states: "This first ever drill program at Ridley Creek has confirmed the high grade zone exposed in trenches continues in a near horizontal layer just below surface for at least 20 metres and remains open in extent. Obtaining tungsten grades in drill core of up to 8.45% has exceeded our high grade surface sample results and demonstrates the strength and potential value of this system. In addition, another new outcrop over two kilometres to the southwest has returned 3.0% W03. These drill results and continuing to find new high grade outcrops are positive steps forward for this new tungsten discovery."

Drilling is testing one of three outcropping zones that were discovered by the Company and sampled in 2010 (Refer to News Release dated January 17, 2011). Holes F11-01 and F11-02 are located approximately 20 metres south of the mineralized zone in trench RT-1 (6.6 metres of 0.30% W03) and drilled to the north at -60 and -90 (vertical) respectively. Both holes cut a thin, near surface layer of un-mineralized biotite schist and a granite sill followed by approximately five to six metres of variably mineralized marble, calc silicate and intense skarn altered limestone. The relative depth of the higher grade intercepts along with the zone exposed in trenches suggests the true thickness to be 75% to 95% of the interval thickness and indicates a gently dipping, or sub-horizontal zone. There is thought to be excellent opportunity for tungsten mineralization to occur at surface or at a relatively shallow depth beneath un-mineralized rock over a large area of the Ridley Creek zone.

In addition to the scheelite (calcium tungstate an ore of tungsten), there is sphalerite (zinc sulphide), pyrite and pyrrhotite (iron sulphides) and other trace elements of potential interest. The high grade interval in F11-02 containing 8.45% W03 also contains 1.41% zinc, 5.8 g/t (grams per tonne) indium, 0.22 g/t gold and 2.2 g/t silver. Molybdenum, which occurs elsewhere on the property, is very low (0.36 to 14.0 parts per million) and lessens the likelihood of powellite (molybdenum-tungsten mineral) contamination that can be associated with decreased tungsten recovery during milling/processing. To date, the tungsten skarn zones on the Fox property are largely free of powellite, which is thought to be a positive characteristic. Worldwide tungsten mines generally average 0.3 to 1.0% W03 with production rates of approximately several hundred to around one thousand tonnes of ore per day.

Preliminary results from prospecting in 2011 include the discovery of another outcropping tungsten zone located approximately two kilometres to the south-southwest of drill holes F11-01 and F11- 02. Two grab samples of a mineralized skarn that is over 1.0 metres wide returned 3.0% W03 and 2.0% W03, respectively. Sample FX11-DR-9 contains 3.0% W03, 0.70% zinc, 6.81 g/t indium, 0.05 g/t gold and 1.41 g/t silver.

The Ridley Creek area is underlain by a favorable geological package with positive tungsten in soil that extends over three kilometres. Overall on the Fox property, positive values of tungsten occur in rock, soil and stream sediment in an area approximately ten kilometres by three kilometres in dimension. The property is located approximately seven kilometres from hydropower with excellent resource based infrastructure and is thought to reflect a significant new tungsten-molybdenum prospect in western Canada. Further results are pending for an additional six holes.

On behalf of the Board of Directors,

"David E Blann"

...
Avatar
04.10.11 15:12:19
Nach dem gestrigen trading halt zu Handelsbeginn in Kanada wieder handelbar:


Investment Industry Regulatory Organization of Canada - Trade Resumption - Happy Creek Minerals Ltd - HPY

Canada NewsWire

VANCOUVER, Oct. 4, 2011

VANCOUVER, Oct. 4, 2011 /CNW/ - Trading resumes in:

Issuer Name: Happy Creek Minerals Ltd
TSX-V Ticker Symbol: HPY
Resumption Time: 8:00 ET
Avatar
17.10.11 18:37:58
Happy Creek drills 102.5 metres of 0.43% copper, 2.9 g/t silver and 0.11 g/t rhenium in Highland Valley, B.C.

October 17, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V:HPY, the "Company") announces additional drill results from its on-going exploration on the Rateria property, Highland Valley district, British Columbia (B.C.), Canada.

The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central B.C. Over 1.8 billion tonnes of resources in five deposits have been discovered in the Highland Valley district. HVC is currently mining material with an average grade of around 0.26% copper.

Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres south-southeast of Teck's Highmont mine. Previous highlights of drilling in Zone 1 include R10-12 with120.0 metres of 0.38% copper starting at surface, R11-1 with 95.0 metres of 0.67% copper, 3.6 g/t (grams per tonne) silver and R11-8 with 250.0 metres of 0.25% copper. Zone 2 is located approximately 2 kilometres to the northeast where drilling has returned 126.0 metres of 0.46% copper, 0.008% molybdenum and 0.10 g/t gold, as well as 38.2 metres of 2.14 g/t and locally up to 19.0 g/t rhenium occurs.

New results from Zone 1 include drill hole R11-11 with 102.5 metres of 0.43% copper, 2.9 g/t silver, 0.005% molybdenum and 0.11 g/t rhenium, within an overall mineralized interval of 242.5 metres containing 0.25% copper that starts at 197.5 metres. R11-11 cut Zone 1 starting approximately 100 metres vertically below R07-10 containing 124 metres of 0.14% copper. In addition, R11-11 contains 2.5 metre intervals of up to 0.10% molybdenum and 1.56 g/t rhenium.

David Blann, President and CEO of Happy Creek states: "R11-11 is another drill hole in Zone 1 that indicates higher grade can occur beneath near surface mineralization, and is positive for Zone 1 and the blue sky potential of this project. This drill hole also returned positive values of rhenium, something we have generally found more of in Zone 2 and is thought to be significant. In a district hosting Canada's largest copper producer, we have discovered two significant new copper zones and look forward to continuing exploration of this highly prospective project".

Drill hole R11-12 is located at the collar of R11-09, approximately 800 metres west of R11-11. The hole was drilled to the east and intersected fairly continuous trace levels of chalcocite, bornite and chalcopyrite (copper sulphides) and sections contain up to 7.5 metres of 0.20% copper, 1.5 g/t silver. Geochemical levels of molybdenum are apparent to the end of the hole at 235.0 metres. Together, R11-9 (drilled to the west- refer to News Release dated September 19, 2011) and R11-12 cover approximately 200 metres with positive alteration and geochemically positive copper values that remain open in extent. This area may reflect part of the South Yubet and Copper Creek targets, potentially forming another northerly trending mineralized structure of over two kilometres. It may also be the western part of the Zone 1 mineral system. It appears there is a large and potentially productive mineral system around Zone 1 and excellent opportunity for additional mineralized zones to be discovered.

Approximately 7 to 12 metres of glacial till covers Zone 1. Copper and associated silver values occur with predominantly chalcocite, bornite and minor chalcopyrite. Pyrite (iron sulphide) is rare. Molybdenite in Zone 1 to date is generally very low however R11-11 indicates molybdenum and associated rhenium does occur. Rhenium is a rare metal used to strengthen steel for applications such as the new, fuel efficient jet turbine engines, and has prices ranging from around $4 to $9 per gram. Zone 1 is within a northerly trending structure that is parallel to the Lornex fault to the west, and is hosted by the younger Bethsaida or Skeena phases of the Guichon batholith. This geological setting appears similar to the deposits currently in production to the north. However, the predominance of chalcocite (a sulphide mineral comprised of 79% copper) in Zone 1 to 400 metres depth is thought to be somewhat different than other Highland Valley deposits and has positive implications for further exploration of the property.

The Company also announces that geological and geophysical surveys have been completed on the BX property, located approximately six kilometres northeast of Teck's past producing Bethlehem mine and results are pending.

On behalf of the Board of Directors,

"David E Blann"

...


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