Happy Creek grants Options14-07
October 16, 2014 - Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company”) announces it has granted stock options of the Company.
The Company has granted a total of 2.9 million stock options to Directors, Officers, Employees and Consultants of the Company at an exercise price of $0.18 for a period of three years. Vesting provisions will apply.
David Blann, P.Eng., President of Happy Creek states: “Without doubt, our Fox property has potential to be a leading new contender in the global tungsten sector. At our Rateria copper property in the Highland Valley area, our discovery of Zone 1 and 2 demonstrates new deposits can be found and the great opportunity within this world class mining camp. As many of the Company’s existing options have expired or will expire over the next year we are replacing and incentivizing those who work at nominal or no cost to the Company. Together we are committed to place Happy Creek into the best possible position for success.”
About Happy Creek Minerals
Through acquiring a 100% interest in mineral properties in B.C. Canada, and performing grass-roots exploration and drilling, the Company has made two bona-fide new discoveries. The Fox tungsten property contains a mineral system 10 km by 3 km in dimension and has returned top-tier drill results at and near surface. With resource potential clearly identified, it is thought to be an important new tungsten discovery in the western world. The Company has also assembled a 200 square kilometre property that adjoins Teck’s Highland Valley copper mine property, one of the largest copper mines in Canada. Here, the Company has located and outlined two new copper zones that remain open in extent. Drilling has identified clear resource potential with geology and copper grades similar to deposits currently being mined 6.5 km away. In addition, there are a number of other untested areas thought to hold potential for additional discoveries.
On behalf of the Board of Directors,
“David E Blann”
David E Blann, P.Eng.
FOR FURTHER INFORMATION PLEASE CONTACT:
David Blann, President, CEO
Toll free: 1-877459-5507
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:October 21st, 2014, Happy Creek Completes Exploration at Silverboss and Silver Dollar properties
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