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Happy Creek samples 5.89% WO3 at South Grid and makes plans for Fox tungsten property
(via Thenewswire.ca) June 27, 2016 / TheNewswire / Vancouver, British Columbia. Happ...
About this update from Fox Tungsten Ltd.
[{"type":"text","content":"Happy Creek samples 5.89% WO3 at South Grid and makes plans for Fox tungsten property(via Thenewswire.ca)\n \n \nJune 27, 2016 / TheNewswire / Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the \"Company\") is providing an update on exploration results and plans for 2016 from its 100% owned Fox tungsten property.\n\n \n \nBetween May 23-26th and May 30th-June 1st 2016 a reconnaissance and initial geological survey of the road accessible South Grid target was performed. The South Grid target was identified in late 2015 and is approximately 1.25 km by 500 metres in dimension defined by continuous and positive tungsten values in soil similar to those found at the high grade BN and Ridley Creek zones. Within the target area, the recent work located 38 sites where positive tungsten was indicated by ultra violet lamping. Twenty rock samples were collected for assay from outcrop, sub-crop and boulders throughout the target area. Four samples contain from 1.75-5.89% WO3, five samples contain from 0.35-0.76% WO3 and five samples contain from 0.12-0.26% WO3. As outcrops are poorly exposed, widths of mineralized zones are unknown. The results confirm the South Grid target is an at-surface tungsten skarn with considerable size potential. Location of trench and drill sites for this target have been identified.\n\n \n \nDavid Blann, P.Eng., President, C.E.O. of Happy Creek states: \"With limited funds over the past three years, we have strived to improve the geological picture and build confidence in the targets that are large in size with high grades at surface and in drill core. With our first resource announced at Ridley Creek returning top-tier grades near surface, we have an exciting opportunity for value-creation with our other targets, and to position the Fox as an important new tungsten development project in the western world\".\n\n \n \nIn addition to the South Grid, other exploration targets on the property are thought to hold potential for high-grade resources which have not been drilled since 2013, or at all. The Company has developed a plan for a sequenced exploration program of geology, up to 600 metres of trenching and approximately 2,500 metres of drilling in 25-35 holes. The objective of this work is to increase the project resource base of near-surface, high grade deposits that allow greater flexibility...