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Happy Creek's drills 0.59% copper, 3.9 g/t silver, 0.11 g/t rhenium in the final 12.5 metres of a deep hole in Zone 1 and Yubet returns 7.5 metres of 1.70% copper, 30.7 g/t silver
(via Thenewswire.ca) January 31, 2012 - Vancouver, British Columbia - Happy Creek Minerals ...
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[{"type":"text","content":"\nHappy Creek's drills 0.59% copper, 3.9 g/t silver, 0.11 g/t rhenium in the final 12.5 metres of a deep hole in Zone 1 and Yubet returns 7.5 metres of 1.70% copper, 30.7 g/t silver\n\n(via Thenewswire.ca)\n\n \nJanuary 31, 2012 - Vancouver, British Columbia - Happy Creek Minerals\nLtd. (TSX-V:HPY, the \"Company\") is pleased to announce\nadditional drill results from exploration of the Rateria property,\nlocated in the Highland Valley district, south central British\nColumbia (B.C.), Canada.\n\n\n \nThe Company has a 100% interest in approximately 145 square kilometres\nof mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine\nproperty that is Canada's largest copper producer and currently mining\nmaterial with an average grade of around 0.26% copper.\n\n\n \nOn the Rateria property, Happy Creek has discovered Zone 1 and Zone 2\nlocated approximately 6.5 kilometres south-southeast of Teck's\nHighmont mine. Drilling highlights from within Zone 1 include R10-12\nwith120.0 metres of 0.38% copper (starting at surface), R11-1 with\n95.0 metres of 0.67% copper, 3.6 grams per tonne (g/t) silver, R11-8\nwith 250.0 metres of 0.25% copper and R11-11 with 102.5 metres of\n0.43% copper, 2.9 g/t silver and 0.11 g/t rhenium. New drill results\npresented below are located to the north and south of these holes and\ntested at depth and peripheral areas of Zone 1. Due to drilling\ndifficulty and limitations, several holes ended at the edge of, or\nprior to cutting the main mineralized zone.\n\n\n \nDavid Blann, President and CEO of Happy Creek states: \"Drilling\nduring 2011 was successful in defining continuous copper\nmineralization in Zone 1 to 1.2 kilometres in length. Longer holes are\nshowing Zone 1 is a much larger copper system than previously thought,\nand its ultimate size still remains unknown. It is important to keep\nin mind this is a new discovery with similar geology to the very large\ndeposits to the north, and about 6.5 kilometres from one in\nproduction.\"\n\n\n \nNew results include R11-23, located in the south central part of Zone\n1, which returned 12.5 metres of 0.59% copper, 3.9 g/t silver, and\n0.11 g/t rhenium ending at 380.0 metres. It is thought that the hole\nonly partially cut into the main mineralized zone. In the northern\npart of Zone 1, R11-24 intersected 75.0 metres of 0.21% copper within\na minera...