Business

Happy Creek drills 152.5 metres of 0.35% copper, 0.57 g/t rhenium at Rateria, Highland Valley, B.C.

(via Thenewswire.ca) January 14, 2013 - Vancouver, British Columbia - Happy Creek Minerals ...

articleFox Tungsten Ltd.January 14, 20133/company/fox-tungsten-ltd/news/happy-creek-drills-1525-metres-of-035percent-copper-057-gt-rhenium-at-rateria-highland-valley-bc
Happy Creek drills 152.5 metres of 0.35% copper, 0.57 g/t rhenium at Rateria, Highland Valley, B.C.

About this update from Fox Tungsten Ltd.

[{"type":"text","content":"\nHappy Creek drills 152.5 metres of 0.35% copper, 0.57 g/t rhenium at Rateria, Highland Valley, B.C.\n\n(via Thenewswire.ca)\n\n \nJanuary 14, 2013 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V:HPY, the \"Company\") is pleased to announce drill results from its 100% owned Rateria property, located in the Highland Valley district, south central British Columbia (B.C.), Canada. Teck's Highland Valley Copper (HVC) mine is Canada's largest copper producer. On the Rateria property, Happy Creek has discovered two new copper zones located approximately 6.5 kilometres south-southeast of a producing open pit. \n\n \n \nIn late November, 2012, the Company drilled two holes in Zone 2. R12-01 (090/-60 degrees) is located 60 metres north of R11-36 (152.5 metres of 0.26% copper, 0.67 g/t rhenium). R12-02 (090/-60 degrees) is located approximately 380 metres south of R12-01 and 150 metres west of R08-05 (126.0 metres of 0.46% copper, 0.10 g/t gold). \n\n \n \nNew drill results from Zone 2 include R12-01 with 92.8 metres of 0.30% copper, 0.15 g/t gold starting from bedrock surface and the zone remains open in extent. R12-02 returned 152.5 metres of 0.35% copper and 0.57 g/t rhenium, including 32.5 metres of 0.91% copper, 0.010 % molybdenum, 4.0 g/t silver, 0.11 g/t gold and 1.83 g/t rhenium. \n\n \n \n 2012 Drilling Summary from Zone 2\n\n \n \n\n --------------------------------------------------\n |Hole |From |To |Interval|Cu |Ag |Au |Re |\n |------------------------------------------------|\n |  |(m) |(m) |(m) |% |g/t|g/t |g/t |\n |------------------------------------------------|\n |R12-01 |12.2 |105.0|92.8 |0.30|1.5|0.15|0.02|\n |------------------------------------------------|\n |includes|60.0 |72.5 |12.5 |0.63|3.2|0.66|0.01|\n |------------------------------------------------|\n |R12-02 |172.5|325.0|152.5 |0.35|1.7|0.06|0.57|\n |------------------------------------------------|\n |includes|182.5|215.0|32.5 |0.91|4.0|0.11|1.83|\n --------------------------------------------------\n\n \n \nDavid Blann, President and CEO of Happy Creek states: \"Zone 2 continues to expand with positive results that are near surface and located about 6.5 kilometres from a producing open pit. The strong rhenium enrichment and gold values could increase the potential value, and metallurgical tests are planned. We are pleased with the ...

More updates from Fox Tungsten Ltd.