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Happy Creek Completes Phase 1 Exploration on the Rateria-West Valley Copper Property and engages Renmark Financial
(via TheNewswire) June 8, 2020 - TheNewswire - Vancouver, British Columbia - Happy...
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[{"type":"text","content":"Happy Creek Completes Phase 1 Exploration on the Rateria-West Valley Copper Property and engages Renmark Financial(via TheNewswire)\n \n \nJune 8, 2020 - TheNewswire - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSXV:HPY) (the \"Company\"), is pleased to announce that the first phase of field exploration is completed on its 100% owned, 244 square km Rateria and West Valley property. The property surrounds the southeast and southwest side of the Highland Valley Copper mine property, Canada's largest copper producer, in south central B.C.\n\n\n \nFurther to the press release dated May 21, 2020, Happy Creek has now completed field geological and geochemical studies at Zone 1, Zone 2 and their surrounding areas, as well as at several surface prospects on the Rateria-West Valley property. This work utilized a portable X-ray fluorescence spectrometer (XRF) and a TerraSpec Halo mineral analyzer designed to provide vectors to porphyry copper centres. \n\n\n \nIn addition, stream sediment sampling and prospecting was completed on the western portion of the West Valley property in areas of limited historical activity. During this work, a copper showing was located where the only information known is a claim post dating from 1961. This prospect is located approximately 2 km west of the Fir copper prospect. Rock samples were collected and are being submitted for laboratory analyses. At the PIM prospect, soil samples were collected along the 2019 induced polarization (IP) grid lines. A reconnaissance geology traverse above the positive geophysical anomaly located three more copper showings. Bedrock samples with copper mineralization now occur for over one km at surface suggesting the IP anomaly that extends to over 400 metres in depth, is sourced at least in part by copper mineralization.\n\n\n \nResults from the Phase 1 program will be announced when received.\n\n\n \nDavid Blann, president, CEO of Happy Creek Minerals states: \"We anticipate receipt of results from our Phase 1 work that will guide the priority ranking for drill testing in Phase 2. The Highland Valley copper district has seen four large to giant-sized porphyry deposits achieve continuous production for over fifty years. Our property lies within a portion of this district having similar geology, and we have found two new copper zones and clear opportunity to fin...