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Happy Creek drills up to 8.45% W03 (tungsten trioxide) on the Fox property, B.C.
(via Thenewswire.ca) October 3, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd...
About this update from Fox Tungsten Ltd.
[{"type":"text","content":"\nHappy Creek drills up to 8.45% W03 (tungsten trioxide) on the Fox property, B.C.\n\n(via Thenewswire.ca)\n\n \nOctober 3, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the \"Company\") is pleased to announce the first ever diamond drill results from the Ridley Creek area on 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 and lack of supply, tungsten has maintained a price over $40.0 per kg (kilogram) of W03.*\n\n\n \nFirst Drilling Results from Ridley Creek area of Fox property\n\n\n \n\n----------------------------------------------------------\n|  |From |To |Interval|W03 |W03 |Zn |\n|--------------------------------------------------------|\n|Hole |(metres)|(metres)|(metres)|% |(kg/tonne)|% |\n|--------------------------------------------------------|\n|  |  |  |  |  |  |  |\n|--------------------------------------------------------|\n|F11-01 |8.3 |10.1 |1.8 |1.29|12.9 |0.34|\n|--------------------------------------------------------|\n|F11-02 |7.2 |9.4 |2.2 |2.21|22.1 |0.34|\n|--------------------------------------------------------|\n|includes|7.2 |7.7 |0.5 |8.45|84.5 |1.41|\n----------------------------------------------------------\n\n\n \nDavid Blann, President and Chief Executive Officer states: \"This first ever drill program at Ridley Creek has confirmed the high grade zone exposed in trenches continues in a near horizontal layer just below surface for at least 20 metres and remains open in extent. Obtaining tungsten grades in drill core of up to 8.45% has exceeded our high grade surface sample results and demonstrates the strength and potential value of this system. In addition, another new outcrop over two kilometres to the southwest has returned 3.0% W03. These drill results and continuing to find new high grade outcrops are positive steps forward for this new tungsten discovery.\"\n\n\n \nDrilling is testing one of three outcropping zones that were discovered by the Company and sampled in 2010 (Refer to News Release dated January 17, 2011). Holes F11-01 and F11-02 are located approximately 20 metres south of...