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Happy Creek drills 12.4 metres of 0.74% W03 (tungsten trioxide) on the Fox property, B.C.
(via Thenewswire.ca) October 20, 2011 - Vancouver, British Columbia - Happy Creek Minerals Lt...
About this update from Fox Tungsten Ltd.
[{"type":"text","content":"\nHappy Creek drills 12.4 metres of 0.74% W03 (tungsten trioxide) on the Fox property, B.C.\n\n(via Thenewswire.ca)\n\n \nOctober 20, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the \"Company\") is very pleased to announce additional results from the first ever diamond drill program on the Ridley Creek area of 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, tungsten has maintained a price over $400 per Metric Tonne Unit or $40.0 per kg* (kilogram) of W03 (tungsten trioxide).\n\n\n \nRidley Creek Area Drill Results\n\n\n \n\n---------------------------------------------------------\n|  |From |To |Interval|W03 |W03 |Zn |In |\n|-------------------------------------------------------|\n|Hole # |metres|metres|metres |% |kg/tonne|% |g/t |\n|-------------------------------------------------------|\n|F11-07 |14.30 |19.00 |4.70 |1.02|10.2 |0.42|2.3 |\n|-------------------------------------------------------|\n|includes|14.85 |15.25 |0.40 |9.60|96.0 |3.64|19.2|\n|-------------------------------------------------------|\n|F11-08 |8.25 |20.65 |12.40 |0.74|7.4 |0.15|0.9 |\n|-------------------------------------------------------|\n|includes|18.75 |19.40 |0.65 |8.15|81.5 |1.87|10.9|\n---------------------------------------------------------\n\n\n \nDavid Blann, President and Chief Executive Officer states: \"These results have added an exciting new dimension to this project and the high grade and large scale potential is more apparent. For the first drilling ever on a prospect, obtaining results with up to 9.6% tungsten is rare. We have advanced this project from a very early stage and are extremely pleased with this significant milestone. The Fox property has continued to deliver strong results and we look forward to building on this year's success in 2012\".\n\n\n \nHoles F11-07 (vertical) and F11-08 (minus 60 degrees) are located approximately 150 metres north of F11-01 and F11-02 (1.8 metres of 1.29% W03 and 2.2 metres of 2.21% W03, respectively-Refer to News Release dated October 3, 2011). The holes were collared approximately 25 metres west of the mineralized zon...