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Happy Creek expands Zone 2 deposit with 105.5 metres of 0.37% copper, 0.14 g/t gold at the Rateria Property, Highland Valley, B.C.
(via TheNewswire) August 29, 2017 / TheNewsire / Vancouver, British Columbia. Happy ...
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[{"type":"text","content":"Happy Creek expands Zone 2 deposit with 105.5 metres of 0.37% copper, 0.14 g/t gold at the Rateria Property, Highland Valley, B.C.(via TheNewswire)\n\n \nAugust 29, 2017 / TheNewsire / Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the \"Company\") is pleased to announce results from drilling at its 100% owned Rateria copper property in the Highland Valley, B.C., Canada. This district has been in continuous production since 1963.\n\n \n \nThe Company is exploring approximately 200 square kilometres of mineral tenure that adjoin and surround the southern end of the Highland Valley Copper property of Teck Resources, Canada's largest base metal mine. The Rateria property is underlain by the Guichon batholith, host to four porphyry copper deposits that have achieved commercial production. \n\n \n \nHappy Creek has completed 1,763.97 metres in six holes. Five (-55-degree) angle holes were drilled to expand the Company's Zone 2 deposit that is located approximately 6.5 km southeast of Teck's currently producing Highmont open pit. One hole tested the geological potential of an area in which no previous drilling is known.\n\n \n \nHighlights\n\n \n \nDrill hole R17-02 returned 5.0 metres of 4.4% copper, 0.21 g/t gold, 20.0 g/t silver, 0.03% molybdenum and 6.86 g/t rhenium. This high grade mineralized zone is located approximately 200 metres east of the northern portion of Zone 2 which remains open in three dimensions in this area.\n\n \n \nDrill hole R17-05 returned 255.5 metres averaging 0.21% copper, including 105.5 metres of 0.37% copper, 0.14 g/t gold, 1.9 g/t silver and 0.63 g/t rhenium that expanded a higher-grade area of Zone 2 by approximately 100 metres to the south. Copper minerals are predominantly bornite and chalcocite which confer excellent qualities for recovery and high-grade concentrates.\n\n \n \nDavid Blann, President and C.E.O. of Happy Creek states: \"The drilling has extended Zone 2 further south and it is now 1.1 kilometre in length. With drill holes ending in elevated copper values up to 500 metres away from the central part of the zone, it is apparent that this is a much larger mineral system than previously thought. Core samples contain up to 1.8 g/t gold and that, coupled with the strong rhenium enrichment in molybdenite, continues to show potential for a copper-gold system which is an unu...