May 26, 2016
Happy Creek to update Fox NI43-101 with new metallurgy results
May 26th, 2016 – Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the “Company”) announces it is updating its Fox tungsten NI43-101 report.
On December 1st, 2015, a 425 kg sample was delivered to SGS Laboratories of Vancouver, B.C. The sample was collected using pionjar drilling and nonel explosives from channels of the exposed vertical face of the skarn deposit at the Ridley Creek zone. At SGS, the sample was subjected to a program of test work conducted under the direction and supervision of Paul Berndt, FAusIMM, a Director of Happy Creek Minerals, who is a practicing metallurgist with significant prior tungsten experience. Detailed mineralogical investigations, specific gravity determinations and static heavy liquid separation tests at various sizes, as well as scouter tests of tabling, sulphide flotation and magnetic separation were carried out.
The Fox property contains scheelite (Ca WO3), which contains the compound WO3 (tungsten trioxide) that is targeted for separation and concentration.
Based on mineralogy work, SGS Laboratories has determined the bulk sample has an average specific gravity of 2.95 and a gravity concentrate consisting of the ≥3.5 g/cm3 fraction will contain 95.1% of the total scheelite and18.1% of the mass. The mineralogy demonstrates that at a crush size of 2 mm, 80% of the mass can be rejected while maintaining high tungsten recovery.
After performing the tests, SGS prepared a general process flowsheet which anticipates grind, gravity (tabling), table concentrate to regrind, tabling cleaning, and concentrate with one option for sulfide flotation to remove sulphides followed by WHIMS (wet high intensity magnetic separation). The gravity tails (combined rougher and cleaner tails) would go to scheelite flotation. Several options remain to be explored that could refine the process further.
From the data, Mr. Berndt prepared a mass balance with reference to standard practice at operating tungsten mines. This trial has returned 75.8% of the WO3 within a 68% WO3 concentrate.
From this methodology, the Fox is thought to have potential to produce a concentrate having acceptable commercial grades and containing no deleterious elements that would effect its ability to be sold. A by-product containing zinc, gold, silver and indium values is also potentially achievable. Further phases of test work will include more detailed investigation and fine tuning which could be expected to improve the separation performance and lead to detailed process design.
An updated NI43-101 report will be filed on SEDAR shortly.
On behalf of the Board of Directors,
“David E Blann”
David E Blann, P.Eng.
FOR FURTHER INFORMATION PLEASE CONTACT:
David Blann, President, CEO
Ron Birch: Phone: 250-545-0383
Toll Free: 1-800-910-7711
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 news release.
Mr. Paul Berndt, Fellow FAusIMM, is Qualified Person as defined by National Instrument 43-101 and is responsible for and has approved the technical information disclosed in this news 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”, “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.
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