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Happy Creek Completes Surveys at Rateria-West Valley Copper Property, British Columbia
(via TheNewswire) November 14, 2019 - TheNewswire - Vancouver, British Columbia - Happy C...
About this update from Fox Tungsten Ltd.
[{"type":"text","content":"Happy Creek Completes Surveys at Rateria-West Valley Copper Property, British Columbia(via TheNewswire)\n \n \nNovember 14, 2019 - TheNewswire - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSXV:HPY) (the \"Company\"), is pleased to provide an update on exploration work on its 100% owned mineral Rateria and West Valley properties located in the Highland Valley mining district of south-central British Columbia, Canada. \n\n\n \nThe Company has completed a 3-dimensional induced polarization (IP) survey at two areas of the West Valley property called the PIM and Abbott prospects. In addition, the Company's 2012 airborne magnetic survey of the entire West Valley property is undergoing a geophysical inversion to help interpret major structures and the potential location and depth of younger, less-magnetic phases of the batholith that are thought to have developed the known porphyry copper deposits in the district. Airborne high-resolution photography of the Rateria-West Valley property and geological mapping and prospecting were also completed. Geological work located several new copper showings and other prospects without any work completed since around 1970. Results and interpretation of work completed to date are pending.\n\n\n \nAbout the Rateria and West Valley property\n\n\n \nThe Rateria and West Valley mineral property are contiguous and total approximately 244 square kilometres that adjoin and surround the southern side of the Highland Valley Copper mine property, Canada's largest base metal mine. The property is underlain predominantly by the Guichon batholith which hosts four porphyry copper deposits with commercial production continuing for over 50 years.\n\n\n \nHappy Creek has discovered two new copper zones thought to have near-term resource potential and are located approximately 6.5km southeast of the active Highmont open pits, part of the Highland Valley copper mine operation. Drilling by the Company in Zone 1 and 2 has returned 95.0 metres of 0.67% copper and 152.5 metres of 0.35% copper, 0.12 g/t gold, respectively. Drill grades appear consistent with currently mined deposits in the district and the zones are open.\n\n\n \nThe combined 244 Km2 Rateria and West Valley property is approximately 90% covered by glacial till, however at least 25 known copper prospects occur and these as well as the area in ...