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Happy Creek identifies new targets on the Rateria property, Highland Valley B.C. Drill data from 1965 reports 60 metres of 0.40% copper at end of the hole
(via Thenewswire.ca) July 9 th , 2015 / TheNewswire / Vancouver, British Columbia - ...
About this update from Fox Tungsten Ltd.
[{"type":"text","content":"Happy Creek identifies new targets on the Rateria property, Highland Valley B.C. Drill data from 1965 reports 60 metres of 0.40% copper at end of the hole(via Thenewswire.ca)\n\n \nJuly 9th, 2015 / TheNewswire / Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSXV: HPY) (the \"Company) is pleased to provide an update on its 100% owned Rateria copper property located in the Highland Valley area of British Columbia. The property is over 180 square kilometres in area and adjoins Teck's Highland Valley Copper mine property. \n\n \n \nThe Company has received and reviewed certain private exploration data obtained during 1965, which contains information thought to be pertinent to further exploration of the property. The data consists of rough location maps, written drill logs, assays, and cross sections for a number of relatively short diamond drill holes from several prospects, including the Sho and Corridor area that is between Zone 1 and 2. Although the work was performed by qualified geologists, results cannot be verified and as such they are considered to be historical in nature and cannot be relied upon under NI43-101.\n\n \n \nHistorical results have been converted from imperial (feet) to metric (metres) and difficult drilling is evident with holes having frequent poor core recovery. A number of drill core sections where malachite, chalcopyrite, bornite or chalcocite (copper minerals) was noted in drill logs were not sampled. \n\n \n \nThe drill holes at the Sho prospect contain positive copper values and include a drill hole returning 6.0 metres of 0.65% copper, 3.0 metres of 1.85% copper, and 18.39 metres of 0.30% copper with un-sampled sections in-between and beyond these samples. For a drill hole between Zone 1 and 2, core recovery was apparently so poor that samples of the ground-up rock material (sludge) returned from the bottom 60 metres were collected and averaged 0.40% copper. None of the samples appear to have been analyzed for gold or molybdenum, however several samples were analyzed for silver such as 0.60 m of 4.5% copper 100 g/t silver.\n\n \n \nThe historical drill data are from areas where positive and sizeable modern three dimensional induced polarization (IP) geophysical responses were obtained by the Company. They are thought to improve the opportunity for new copper deposits to occur.\n\n \n \nIn Ju...