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Happy Creek provides an update on the Silver Dollar property Historical drilling returns 41.2 metres of 2.56 g/t gold from surface
(via Thenewswire.ca) Vancouver, BC / TheNewswire / June 11, 2015 -. Happy Creek Minera...
About this update from Fox Tungsten Ltd.
[{"type":"text","content":"Happy Creek provides an update on the Silver Dollar property Historical drilling returns 41.2 metres of 2.56 g/t gold from surface(via Thenewswire.ca)\n \n \nVancouver, BC / TheNewswire / June 11, 2015 -. Happy Creek Minerals Ltd. (TSXV: HPY) (the \"Company) is providing shareholders with an update on its 100% owned Silver Dollar property, located in the Camborne mining camp, approximately 45 kilometres southeast of Revelstoke, B.C.\n\n \n \nThe Company has acquired two new claims which cover ground inside its existing claims at the northern end of the Silver Dollar property. The new claims cover the historical Goldfinch mine and Lost Cup claims dating from around the early 1900's. Data for this prospect is available in B.C. government records, performed under supervision of a Professional Engineer and believed to be of good quality, with drill core and underground sampling results from fire assay analyses by B.C. Certified Assayers. However, under NI43-101 rules it has not been verified by a QP, and as such cannot be relied upon and must be treated as historical in nature (1).\n\n \n \nHistorical work completed on the Goldfinch mine includes underground development and production in 1902-1903 averaging 15.9 g/t gold and 4.3 g/t silver from 1,316 tonnes mined. In 1980, Granges rehabilitated the underground workings of the Goldfinch mine and conducted a bulk sample from a vein averaging 0.45 metres in thickness and 44.7 g/t gold. Underground sampling of vein material includes 0.85 metres of 141.6 g/t gold. Diamond drilling was performed in 1976 and between1985 and1988. \n\n \n \nOn the Goldfinch prospect, generally northwest trending subparallel zones each having widths of approximately 10-30 metres or more, consists of quartz-carbonate-sulphide veins, stock work and silicified phyllite containing variable and locally high gold values. Sulphides include dominantly pyrite, and locally sphalerite, chalcopyrite and tetrahedrite occur. Individual sample assays range from less than 0.03 up to 302.62 g/t gold and trace to 330 g/t silver, with visible gold flakes noted in the higher grade sections. The presence of gold and silver values however, is not easily predicted based on visual geology.\n\n \n \nHistorical drill holes were not completely sampled. Some holes have high grade samples and no sampling on either side, and some holes en...