Business
Happy Creek begins fieldwork at Highland Valley, B.C.
(via TheNewswire) May 29, 2018 / TheNewswire / Vancouver, British Columbia - Happy C...
About this update from Fox Tungsten Ltd.
[{"type":"text","content":"Happy Creek begins fieldwork at Highland Valley, B.C.(via TheNewswire)\n \n \nMay 29, 2018 / TheNewswire / Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSXV: HPY) (the \"Company\") is pleased to announce that field work is underway on its 100% owned Rateria and West Valley property in the Highland Valley B.C.\n\n \n \nDuring the past year the Company added 6,849 hectares of mineral tenure to its 100% owned Rateria-West Valley copper property and the project now totals approximately 244 square kilometres. In 2017, the Company continued to define and expand Zone 2 on the Rateria property. As announced August 29th, 2017 and February 8th, 2018 drill hole R17-02 returned 5.0 metres of 4.4% copper, 0.21 g/t gold, 20.0 g/t silver, 0.03% molybdenum and 6.86 g/t rhenium that is 200 metres east of Zone 2. R17-05 returned 105.5 metres of 0.37% copper, 0.14 g/t gold, 1.9 g/t silver and 0.63 g/t rhenium. Starting at 55 metres, R17-08 returned 82.5 metres of 0.29% copper and 66 metres of 0.35% copper. Drilling in 2017 expanded Zone 2 and suggests mineralization occurs over a much broader area than previously thought.\n\n \n \nThe Company has also completed a review and compilation of pertinent exploration work going back to the late 1950's for the entire property, including the newly acquired mineral tenure. This process is useful for exploration targeting as well as in preparing NI43-101 reports. Historical work was fragmented by multiple owners of generally irregular-shaped, smaller-size claims and affected by extensive glacial till and thick forest cover. Happy Creek has assembled the current mineral property with greatly improved access and surface visibility due to on-going logging activities. The compilation of historical work along with the Company's own data has identified significant gaps in exploration and under-explored areas.\n\n \n \nField work is underway to geologically map the property with attention to areas of known mineralization as well as new areas thought to have copper deposit potential identified by the compilation work. This work is expected to take approximately six weeks.\n\n \n \nDavid Blann, P.Eng., President of Happy Creek Minerals states: \"The discovery of Zone 1 and 2 confirms that significant new prospects can be found in this district having continuous mining for over 50 years. The Rateria and We...