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Happy Creek samples 3.56% W03 and expands high grade BK zone at the Fox tungsten property
(via Thenewswire.ca) January 4th, 2016 / TheNewswire / Vancouver, British Columbia. ...
About this update from Fox Tungsten Ltd.
[{"type":"text","content":"Happy Creek samples 3.56% W03 and expands high grade BK zone at the Fox tungsten property(via Thenewswire.ca)\n \n \nJanuary 4th, 2016 / TheNewswire / Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the \"Company) is pleased to announce results from geological work conducted on its 100% owned Fox tungsten property located in the south central Cariboo, British Columbia.\n\n \n \nBetween May 18 and November 14, 2015, the Company performed geological work in the Deception Mountain area where the BN, Ridley Creek (RC), BK and North zones occur. Mapping, sampling and prospecting used Ultra Violet (UV) light to reveal the tungsten mineral scheelite. Tungsten assays are reported in percent W03 (tungsten trioxide) for which prices in the past four years have ranged from US$190 to $460/mtu (where 1 mtu = 10 kg W03). The geological work has improved the understanding and potential of an historically un-mapped area that is part of a 3 km long trend containing a number of high grade tungsten prospects.\n\n \n \nThe main results of this work are:\n\n \n \n\n\n1)At the BK zone, prospecting located two new outcrops 20 and 60 metres south, respectively, of previous trenches containing 3 metres of 2.0% W03, and 7.3 metres of 1.25% W03. One new outcrop returned 3.57% W03, 0.34 g/t gold, 2.9 g/t silver, 1060 g/t bismuth and 3.5 g/t indium in a grab sample. Forty metres further south a chip sample returned 1.42% W03 over one metre. The new surface samples are open in width and part of a mineralized zone that is partially exposed at surface. In 2012 a drill hole located 30 metres west of the trenches cut 9.0 metres of 0.42% W03, including 5.0 metres of 0.68% W03 and starting from 20 metres below surface. \n\n\n\n2)The favorable layer of rock containing the BN, RC and BK tungsten zones was traced continuously at surface over a distance of two kilometres. Reconnaissance testing by UV light in a number of locations between the RC and BK zones indicates positive tungsten results. The favorable host rock between these zones is gently dipping and is from 10 to over 20 metres in apparent thickness. \n\n\n\n3)Two other similar tungsten-bearing layers were located at higher elevations along the northeastern side of Deception Mountain. The upper-most layer was traced at surface from the east side of Deception Mountain to the North zone on ...