Business
Happy Creek provides an update on the Fox, Hen and Rateria properties
(via TheNewswire) September 25, 2018 / TheNewswire / Vancouver, British Columbia. Happy C...
About this update from Fox Tungsten Ltd.
[{"type":"text","content":"Happy Creek provides an update on the Fox, Hen and Rateria properties(via TheNewswire)\n \n \nSeptember 25, 2018 / TheNewswire / Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the \"Company\"), is providing an update on its 100% owned Rateria copper, Fox tungsten and Hen gold properties in B.C., Canada. \n\n\n \nThe Rateria copper property- Highland Valley district\n\n\n \nThe Company's Zone 1 and 2 both have drilled dimensions of approximately one km in length, 50 to 150 metres in width and over 350 metres in depth and remain open, with drill grades comparable to that currently being mined in the district. In early September, an historical access trail dating from the mid 1950's near the Sho prospect was cleared and evaluated. The host rock consists of Bethlehem and Chataway phases of the batholith cut by northwest and north trending mineralized shear, fault and fracture zones. Mineralized zones are exposed in five places within an area approximately 20-40 metres in width and 200 metres in length and open. Malachite and azurite copper oxide minerals with sulphides (predominantly bornite) occur within quartz-k-feldspar-muscovite-sericite veins and fracture fillings from 0.15 to 0.5 metres in width, and alteration extends into wall rocks for up to a few metres where dominantly chlorite-epidote and locally tourmaline are noted. The generally narrow mineralized structures appear to increase in size and become brecciated where northwest and north-south structures intersect. Grab samples collected of the mineralized material range from 0.06% copper up to 3.59% copper, 287 ppb gold and 11.9 g/t silver. The average of the 19 selected mineralized samples collected from all five exposures is 1.68% copper. On September 22, geological mapping on trend some 600 metres to the southeast of this area located an outcrop containing a 1 to 3-metre-wide series of bornite-rich copper veins and cross-cutting veinlets that are not recorded in any historical information. This new prospect is thought to be part of the mineralized structures further to the northwest which together is at least 800 metres of strike length. Based on geophysical surveys, this area is in proximity to a wide, mostly covered first order northwest trending structure that cuts the batholith through the Sho, Moss 4, Zone 1 and South Yubet prospects, a distanc...