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Happy Creek expands positive gold and silver anomaly at the Golden Ledge Property, B.C.
Happy Creek expands positive gold and silver anomaly at the Golden Ledge Property, B.C.
About this update from Spanish Mountain Gold Ltd.
[{"type":"text","content":"\nHappy Creek expands positive gold and silver anomaly at the Golden Ledge Property, B.C.\n\n\n Jan. 13, 2010 (TheNewswire.ca) -- January 13, 2010 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (OOTC:HPYCF) (TSXV:HPY) (TSX-V: HPY, the \"Company\") is pleased to announce additional soil geochemical results performed on its Golden Ledge property (formerly called the Art-DL) that is approximately 40 square kilometres in area and adjoins to the north Skygold Ventures Ltd.'s (TSXV:SKV) Spanish Creek-Thunder Ridge gold-silver property. These are located approximately 45 kilometres northeast of 100 Mile House, in south central British Columbia. Excellent, year-round road access and industrial scale power nearby are positive aspects of infrastructure in this area.During 2009, 169 soil samples were collected along lines 200 metres apart and samples were taken at 50 metre intervals. This reconnaissance scale grid expanded to the south a 2008 soil geochemical survey. Positive values for soil samples (greater than 90th percentile) are greater than 12.2 ppb (parts per billion) gold and 1.1 ppm (parts per million or g/t) silver. Soil samples range from less than 0.5 ppb up to 282.7 ppb gold and less than 0.1 up to 15.7 ppm silver.Previous soil sampling from directly above the DL adit returned up to 1,000 ppb (1.0 g/t) gold and stream sediment samples have returned up to 882.7 ppb (0.88 g/t) gold. A compilation of results indicate significant areas contain positive gold and silver values in soil. Maps of the gold and silver geochemical results are provided on the Company's website at www.happycreekminerals.com. Positive gold and silver values occur at the northern end of the surveyed area as individual samples and over 100 and 200 metre widths that remain open in extent to the north. At the south end of the surveyed area five samples contain 2.6 to 3.2 g/t silver over an 800 metre width. These positive results remain open in extent for 2.0 kilometres southward to the property boundary with Skygold Ventures' Spanish Creek-Thunder Ridge zone.Approximately 350 metres south of the Golden Ledge property, Skygold Ventures Ltd. has reported that diamond drill hole SC017 returned 7.5 metres grading 8.84 g/t (grams per tonne) gold, with an additional 1.5 metres grading 9.45 g/t gold. Approximately 400 metres northeast of SC017 and 150 metres...