January 9, 2023

Happy Creek Minerals Ltd. Appoints Strategic Advisors

January 9, 2023, Vancouver, British Columbia – Happy Creek Minerals Ltd. (TSX-V: HPY) (“Happy Creek” or the “Company”) is very pleased to announce that Mr. Finley Bakker, P.Geo and Mr. Kent Pearson, P.Geo have been appointed as Strategic Advisors and consultants to the Company effective immediately.

Mr. Peter Hughes, President and Chief Executive Officer said “On behalf of Happy Creek, I would like to welcome Mr. Bakker and Mr. Pearson to the team to assist with the development of the Company’s world class Fox tungsten project and the Highland Valley copper-molybdenum-gold-silver project.

Mr. Bakker is a seasoned Professional Geoscientist with over 40 years of experience leading geological and engineering teams in the mining industry with expertise in both underground and open pit operations. Mr. Bakker has a proven record of resource and reserve estimation and expansion and has worked for Hawthorne Gold Corp., Adanac Molybdenum Corporation, North American Tungsten, Westmin Resources and Noranda Mines Geco.Mr. Bakker also worked as Superintendent of Technical Services he was responsible for mining geology, exploration geology, engineering and resources and reserves estimation at the Cantung tungsten mine. This is of particular value to Happy Creek’s shareholders through the planned development of the Company’s Fox tungsten project.

Mr. Pearson is a Professional Geoscientist and senior executive with more than 30 years’ experience in the mining and capital markets sector with global experience throughout the Americas, Australia and Africa. Mr. Pearson’s mining experience spans from grassroots exploration through to mine production (open pit and underground) with Noranda Exploration Ltd., Bethlehem Resources Corp, Hemlo Gold Mines Inc, Murchison Minerals Ltd. Mr. Pearson has held executive roles in mining and energy investment banking and as President and CEO in the junior mining sector. He has been involved in over $2.0 billion in transactions during this time. Mr. Pearson holds a bachelor’s degree in Geology from the University of Alberta and an MBA from Queen’s University.

Mr. Walter Segsworth, Chairman stated “The Board of Directors of the Company welcome Messrs. Bakker and Pearson and believe that their backgrounds will augment the existing strengths of the Board and will be of great benefit to the Company and the shareholders going forward.”

In addition, the Company has issued 500,000 options to certain officers, directors and other eligible persons of the Company. The options are exercisable over a period of five years at a price of $0.05 per share.

About Happy Creek Minerals Ltd.

Happy Creek is focused on making new discoveries and building resources in proximity to infrastructure on the Company’s 100%-owned portfolio of diversified metals projects in British Columbia. The Company’s Management, Board of Directors and Technical Advisors have solid expertise and depth in the mineral resource sector and capital markets.

More information on the Company’s projects can be found on the website at www.happycreekminerals.com.

Indigenous Communities

Happy Creek Minerals is committed to responsible mineral resource development.The Company’s priority is to build and sustain mutually beneficial relationships with Indigenous Communities in the territories in which we explore.

The Company operates with the principles and guidelines set out for COVID-19 that are established by provincial health and safety authorities to protect workers and the communities in which the Company operates.

On behalf of the Board of Directors,

“Peter Hughes”

President and Chief Executive Officer


Peter Hughes, Chief Executive Officer

Office Phone: (604) 802-7372

Email: petehughes@me.com

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.

This press release contains “forward-looking information” within the meaning of applicable securities laws, including statements that address capital costs, recovery, grade, and timing of work or plans at the Company’s mineral projects. Forward-looking information may be, but not always, identified by the use of words such as “seek”, “anticipate”, “foresee”, “plan”, “planned”, “continue”, “expect”, “thought to”, “project”, “predict”, “potential”, “targeting”, “intends”, “believe”, “opportunity”, “further” and others, or which describes a goal or action, event or result such as “may”, “should”, “could”, “would”, “might” or “will” be undertaken, occur or achieved. Statements also include those that address future mineral production, reserve potential, potential size or scale of a mineralized zone, potential expansion of mineralization, potential type(s) of mining, potential grades as well as to Happy Creek’s ability to fund ongoing expenditure, or assumptions about future metal or mineral prices, currency exchange rates, metallurgical recoveries and grades, favourable operating conditions, access, political stability, obtaining or renewal of existing or required mineral titles, licenses and permits, labour stability, market conditions, availability of equipment, accuracy of any mineral resources, anticipated costs and expenditures. Assumptions may be based on factors and events that are not within the control of Happy Creek and there is no assurance they will prove to be correct. Such forward-looking information involves known and unknown risks, which may cause the actual results to materially differ, and/or any future results expressed or implied by such forward-looking information. Additional information on risks and uncertainties can be found within Financial Statements, Prospectus and other materials found on the Company’s SEDAR profile at www.sedar.com. Although Happy Creek has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Happy Creek withholds any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by law.

You can view the Next News item:January 12th, 2023, Happy Creek Outlines Plans to Advance Fox Tungsten Project, British Columbia

You can view the Previous News item:November 22nd, 2022, Happy Creek Provides an Exploration Update: Samples 0.372 ppm (g/t) gold in stream sediment in an unexplored new area of the Hen Property, South Central B.C.

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