Happy Creek Completes Exploration at Silverboss and Silver Dollar properties14-08
October 21 2014 — Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company”) announces the completion of field exploration work on two of its mineral properties.
The Company has completed 2014 field work on its 100% owned Silverboss property. The Silverboss property surrounds the past producing Boss Mountain molybdenum mine, where NMC Resources Inc. has just completed a 3,000 metre drill program. The Silverboss property is locally within 350 metres of an open pit on the northwestern side of the mine property. Beyond the mine property, Happy Creek’s exploration has outlined large scale copper, molybdenum, gold and silver values in soil and rock samples associated with positive induced polarization geophysical anomalies. These areas are thought to be prospective untested bulk tonnage targets.
In September, the Company performed geological mapping, rock and soil sampling one to two kilometres south of one of the historical open pits. In this area, extensive logging activity and road construction was conducted during the winter of 2013. It is the first time the area can be clearly observed. Although most of the area is covered by glacial till, access has improved considerably for future surveys such as induced polarization geophysics. In this area, the Company previously obtained a number of reconnaissance soil/ glacial till samples containing positive copper and molybdenum values that are in proximity to an airborne magnetic low feature.
The Company has also performed geological work on its 100% owned, 45 square kilometre Silver Dollar property. The Silver Dollar property is located southeast of Revelstoke, B.C., and covers a strong regional scale structure containing numerous historical prospects with small scale, high grade production of gold, silver, lead and zinc. Work performed included the evaluation of the northern and southern portion of the property. In the southern portion of the property, historical soil anomalies adjacent and beyond the Gilman and Silver Dollar prospects were located and rock samples collected. The Gilman and Silver Dollar were previously sampled by the Company in 2012 and announced on May 16 2013. Results included samples containing 50.30 g/t gold, 216 g/t silver and 4.49 g/t gold, 4496 g/t silver. Important base metal results include 1.8 metres of 16.8% zinc, 3.9% lead, 1.67 g/t gold and 241.0 g/t silver in a chip sample. Adjoining the Silver Dollar property to the southeast and on the same regional structural trend, Taranis Resources Inc. has just completed 29 drill holes.
Results and analyses from field work performed during 2014 on its Highland Valley copper, Fox tungsten, Silverboss and Silver Dollar properties are pending.
On behalf of the Board of Directors,
“David E Blann”
David E Blann, P.Eng.
FOR FURTHER INFORMATION PLEASE CONTACT:
David Blann, President, CEO
James Berard Phone: 604-687-2768 Toll free: 1-877459-5507
Ron Birch Phone: 250-545-0383
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
You can view the Next News item:December 8th, 2014, Happy Creek samples 0.52% copper, 0.20 g/t gold at new area on Silverboss property
You can view the Previous News item:October 16th, 2014, Happy Creek grants Options
Back to the main News page, or press the Back button on your browser.