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Happy Creek to Conduct Geophysical Surveys on New Showings at Rateria-West Valley Copper Property, British Columbia
(via TheNewswire) October 7, 2019 - TheNewswire - Vancouver, British Columbia - Happy Cre...
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[{"type":"text","content":"Happy Creek to Conduct Geophysical Surveys on New Showings at Rateria-West Valley Copper Property, British Columbia(via TheNewswire)\n \n \nOctober 7, 2019 - TheNewswire - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSXV:HPY) (the \"Company\"), is pleased to provide an update on exploration work on its 100% owned mineral Rateria and West Valley properties located in the Highland Valley mining district of south-central British Columbia, Canada. \n\n\n \nThe Company has identified two new areas of promising porphyry copper mineralization on recently constructed logging roads in the Pimainus and Abbott areas of the West Valley property (see page 14 of the Rateria-West Valley presentation on the Company's website). The new targets occur in areas of glacial till cover with rare outcrops of prospective, younger, central core phases of the Guichon Creek batholith, which host very large porphyry copper-molybdenum deposits in the district including the Valley, Lornex, Bethlehem and Highmont mines (Guichon, Bethsaida, Chataway and Bethlehem phases). The Pimainus and Abbott targets are also proximal to the Lornex fault, a major north-south structure associated with the giant Lornex and Valley copper deposits to the north. A follow-up program of prospecting, sampling, geological mapping and induced polarization (IP) geophysical surveying is now underway with the goal of defining new drill targets.\n\n\n \nIn the Pimainus area of the northern part of the West Valley property, logging roads have exposed outcrops of Bethsaida phase cut by dikes of aplite and varieties of biotite-feldspar-quartz porphyry. Two new copper showings are approximately 350 metres north of an historical copper occurrence and within an historic copper in soil anomaly approximately 800m long and up to 300m wide. This area occurs within a prominent airborne survey magnetic low signature, which may be indicative of porphyry-related alteration within felsic phases of the batholith. The two new copper zones are approximately 100 metres apart and consist of strongly fractured Bethsaida phase with sericite, muscovite and quartz veins containing specular hematite, malachite-azurite and other copper oxide copper minerals, as well as bornite and chalcopyrite. Initial grab samples collected across the two zones returned 5m of 0.41% copper and 10m of 0.29% copper with...