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Happy Creek's Zone 1 returns 39.6% copper, 398.8 g/t silver in concentrate at Rateria Property, B.C.
(via Thenewswire.ca) February 28, 2013 - Vancouver, British Columbia - Happy Creek Minerals...
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[{"type":"text","content":"\nHappy Creek's Zone 1 returns 39.6% copper, 398.8 g/t silver in concentrate at Rateria Property, B.C.\n\n(via Thenewswire.ca)\n \n \nFebruary 28, 2013 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V:HPY, the \"Company\") is pleased to announce results of metallurgy and mineralogy performed on its Rateria property, located in the Highland Valley district, south central British Columbia (B.C.), Canada. \n\n \n \nThe Company has a 100% interest in the Rateria and West Valley property, totaling approximately 175 square kilometres adjoining Teck's Highland Valley Copper mine property, Canada's largest copper producer. On the Rateria property, Happy Creek has discovered two new copper zones located approximately 6.5 kilometres south and southeast of the producing Highmont mine. \n\n \n \nDuring 2012, the Company provided 220 kg of drill core samples from Zone 1 to Met-Solve Laboratories of Langley, British Columbia. A bulk sample was prepared by the lab and returned head grade assays ranging from 0.21 to 0.25% copper. Met-Solve performed mineralogy and metallurgy tests producing a concentrate product containing 39.6% copper and 398.8 g/t silver. As these are preliminary tests, the initial recovery of 75.5% can be expected to improve with locked cycle testing to more closely reflect a full scale mill, and potentially with additional re-grinding. \n\n \n \nThe tests indicate that relatively simple flotation techniques can upgrade Zone 1 material over 150 times into a quality, high grade copper-silver concentrate.\n\n \n \nDavid Blann, President and CEO of Happy Creek states: \"This is an excellent concentrate product thought to be comparable to that at Highland Valley. It provides information to assist with an appropriate cutoff grade, and with the geology which has similarities to the deposits currently in production to the north. The mineralization in Zone 1 is open in extent beyond 400 metres below surface and this area is thought to host potential for another large scale deposit. We anticipate building upon our discoveries and continuing exploration for additional quality deposits in this highly prospective district.\"\n\n \n \nMineralogy indicates the dominant copper minerals consist of chalcocite and bornite with minor or trace covellite, djurelite and chalcopyrite. Textures indicate that chalcocite has replaced ...