Happy Creek Begins Drilling the Rateria Copper Property, Highland Valley, B.C.
Vancouver, June 6, 2017 - Happy Creek Minerals Ltd. (TSXV: HPY) (the "Company") is pleased to announce that drilling is underway on its 100% owned Rateria copper property in the Highland Valley area of B.C., Canada. Although the Company remains committed to further development of its Fox tungsten project after snow leaves the higher elevations of the property, the Company is first conducting a drill program to explore its Rateria property. The Company is exploring and maintaining approximately 200 square kilometres of mineral tenure that adjoin and surround the southern end of the Highland Valley Copper property, Canada's largest base metal mine. Happy Creek plans to conduct step-out holes to expand the Company's Zone 2 discovery that is located approximately 6.5 km southeast of the currently producing Highmont open pit, and test another target for which no drilling is known.
David Blann, President and C.E.O. of Happy Creek states: "In 2012, our last drill hole in Zone 2 returned 152.5 metres of 0.35% copper, and we had an interval with 12.5 metres of 0.63% copper, 0.66 g/t gold. The gold-copper ratio in Zone 2 is believed to be much higher than other Highland Valley deposits. In addition to the potential for expanding Zone 2, which may trigger a resource estimate for both Zone 1 and 2, there is clear opportunity for the discovery of new deposits."
The Company is planning to drill four or five holes totaling approximately 1500 metres on the Rateria property by the end of June or early July, followed by exploration, drilling and engineering-related studies on its Fox tungsten project for the balance of the season.
About Happy Creek Minerals
Happy Creek is advancing two exploration projects in British Columbia, Canada. The Fox is a 100% owned new tungsten discovery with 486,000 tonnes grading 0.817% WO3 (Indicated) and 361,000 tonnes grading 1.568% WO3 (Inferred). A portion of the resources are near-surface within a 3.3:1 strip ratio open pit. As announced January 26, 2017, the resources have among the highest grade in the western world and all seven zones are open to further expansion within a 10 km by 3.0 km mineral system. The Company's objective is to expand the resource and potentially conduct a Preliminary Economic Assessment.
The Company's 100% owned Rateria and West Valley property consist of approximately 200 square kilometres of mineral tenure that adjoin Canada's largest open pit copper producer. On the Rateria property, the Company has discovered two new copper prospects that are open in extent. Results from Zone 1 include 95.0 metres of 0.67% copper and 250 metres of 0.25% copper, and in Zone 2, 92.0 metres of 0.30% copper, 0.15 g/t gold and 27.0 metres of 1.0 % copper, 0.24 g/t gold. The Rateria-West Valley properties are thought to be quality copper exploration assets in a camp where four porphyry deposits and one skarn have achieved commercial production.
On behalf of the Board of Directors,
"David E Blann"
____________________
David E Blann, P.Eng.
President, CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
David Blann, President, CEO
Corporate Office:
Phone: 604.662.8310
Email: Info@happycreekminerals.com
Website: www.happycreekminerals.com
Corporate Communications
Ron Birch: Phone: 250.545.0383
Toll Free: 1.800.910.7711
Readers are cautioned that results or information from an adjoining property do not infer that similar results or outcomes will occur on the subject property. 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. David Blann, P.Eng. is a Qualified Person as defined by National Instrument 43-101 and is responsible for the preparation and approval of the technical information disclosed in the news release.
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