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Press release from TheNewswire.ca

Happy Creek provides an update the Hawk copper-gold property

Friday, March 18, 2011

Happy Creek provides an update the Hawk copper-gold property14:00 EDT Friday, March 18, 2011(via Thenewswire.ca) March 18, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces that Jiulian Resources Inc. has relinquished its Option on the Company's Hawk Copper-Gold property located northeast of 100 Mile House, B.C., Canada. The Company has also received data collected by Jiulian for work conducted during 2009 and 2010. The Company has a 100% interest in approximately 20 square kilometres of mineral claims that covers prospective geology and mineralized zones that remain underexplored. Exploration of the property has identified a prospective target area approximately 3.5 kilometres by 1.5 kilometres in dimension. The Company intends to perform additional exploration on this property in due course. Numerous mineralized showings occur on the property. A summary of historical and recent results are presented below. Highlights of Historical Surface Samples From Hawk Property ----------------------------------------------------------- | |Sample|Cu %|Au g/t|Ag g/t|Sample|Cu % |Au g/t|Ag g/t| |---------------------------------------------------------| |HAWK DR3 |4.53|18.01 |105.7 |151756|0.81 |0.80 |8.3 | |---------------------------------------------------------| | |41577 |0.71|1.11 |9.1 |151776|1.44 |2.22 |20.6 | |---------------------------------------------------------| | |41583 |0.44|0.71 |4.2 |151777|0.89 |1.11 |11.0 | |---------------------------------------------------------| | |41589 |0.60|2.86 |6.5 |151780|1.82 |0.55 |5.5 | |---------------------------------------------------------| | |151639|0.40|0.47 |3.7 |151782|0.72 |1.31 |11.1 | |---------------------------------------------------------| | |151640|2.49|3.06 |25.7 |151784|0.57 |0.91 |7.0 | |---------------------------------------------------------| | |151643|2.57|3.30 |29.6 |151785|0.84 |1.72 |10.2 | |---------------------------------------------------------| | |151644|1.85|3.25 |24.4 |184339|0.38 |0.02 |3.0 | |---------------------------------------------------------| | |151646|1.38|0.28 |8.4 |184381|0.39 |0.06 |3.6 | |---------------------------------------------------------| | |151647|0.65|0.37 |2.5 |184388|0.18 |0.52 |3.0 | |---------------------------------------------------------| | |151648|0.62|0.21 |3.3 |184389|0.39 |1.31 |12.0 | |---------------------------------------------------------| | |151689|0.53|2.55 |8.0 |184391|2.11 |2.38 |17.0 | |---------------------------------------------------------| | |151690|2.17|5.35 |15.0 |HS-8 |3.49 |7.30 |44.6 | |---------------------------------------------------------| | |151753|0.98|0.64 |9.2 |HS-21 |0.59 |0.50 |5.6 | |---------------------------------------------------------| | |151754|0.32|0.77 |5.8 |HS-40 |0.34 |0.25 |4.0 | |---------------------------------------------------------| | |151755|0.52|0.78 |8.8 |5826 |18.59|30.17 |215.3 | |---------------------------------------------------------| | | | | | | | | | | ----------------------------------------------------------- Three hand trenches, each 5.0 metres in length and 1.5 metres apart, were chip sampled across the Main Zone. The three trenches average 5.0 metres of 0.80% copper and 1.07 g/t (grams per tonne) gold, including 5.0 metres of 1.33% copper and 1.55 g/t gold. Subcrop boulders approximately 10 metres south of this area contain up to 4.53% copper, 18.01 g/t gold and 105.7 g/t silver. Approximately 250 metres to the northeast, subcrop boulders returned 2.49% copper, 3.06 g/t gold and 25.7 g/t silver. Approximately 700 metres northeast of the Main Zone, angular rubble returned 1.2% copper and 1.3 g/t gold. Between 400 and 600 metres southwest of the Main Zone material grading up to 2.17 % copper, 5.35 g/t gold, and 0.528 percent copper, 2.55 g/t gold occur with magnetite and quartz veins, respectively. Drilling on the property performed to the north, south and southeast of the Main Zone in 1982, 1985 and 2007 respectively, were generally shallow holes between 50 to 100 metres depth, and are thought not to have adequately tested the Main Zone. Selected results include: 3.0 metres of 0.79% copper, 1.73 g/t gold and 9.43g/t silver, 1.83 metres of 0.93% copper, 3.10 g/t gold and 12.34 g/t silver, 19.7 metres of 0.12% copper, 0.23 g/t gold, including 4.5 metres of 0.27 % copper, 0.42 g/t gold and 4.2 g/t silver. Approximately 450 metres south-southeast of the Main Zone, the first 9.1 metres of core from H07-02 intersected 0.09% copper, 0.13 g/t gold and this mineralized zone remains open in extent behind the drill collar and to the southwest. Copper-gold mineralization at the Main Zone is defined by positive values in soil, rock and drill core for approximately 1.5 kilometres in length and remains open in extent along strike and to depth. During 2009 and 2010, Jiulian Resources completed geological mapping and additional soil, stream sediment and rock geochemical sampling followed by drilling of two holes approximately 2 kilometres to the southeast of the Main Zone and 1.5 kilometres southeast of H07-02 (see news release Julian Resources Inc. June 21 2010). Both holes were directed at the core of a high three dimensional induced polarization chargeability (IP) geophysical anomaly outlined by the Company in 2008. Both holes intersected Nicola Group volcanic rocks containing abundant pyrite. HK10-02 intersected a diorite dyke followed by a 145 metre interval of core containing dark to apple green colored volcanic rocks that are propylitic (chlorite-epidote) altered with minor to moderate cross cutting quartz-carbonate (rhodochrosite), pyrite, chalcopyrite and trace bornite (copper sulphides) veinlets. Five samples were collected between 400 and 417 metres depth, and the final sample between 416.3 and 417.4 (1.1 metres) returned 0.03% copper and 0.20 g/t gold. The favorable geology continues for another 127 metres and remains un-sampled to the end of the hole. Surface rock samples collected in 2009 confirm widespread, positive anomalies of copper and gold in rock samples and in addition, a sample returned over 2,000 ppm (>0.20%) molybdenum that occurs one kilometre east of the Main Zone. The Hawk property is underlain by the upper-most units of the Nicola Group, Upper Triassic-Lower Jurassic in age and located near the central axis of the volcanic arc, and adjacent the Takomkane Batholith. These rocks are cut by at least four phases of intrusion generally diorite, monzodiorite and quartz monzonite in composition. Bornite, chalcocite/digenite and chalcopyrite copper sulphides occur with biotite, chlorite, epidote, quartz, calc silicate, k-feldspar magnetite, hematite and pyrite alteration minerals. The radiometric, magnetic and IP geophysical surveys, geology, structure, alteration and nature and distribution of sulphide and oxide minerals are thought to be consistent with an alkalic copper-gold-silver system. Other B.C. examples of these deposit types are Mount Polley, Afton, Ajax, Copper Mountain and Kemess. The Company is reviewing and compiling previous exploration results and intends to conduct additional core sampling and geological mapping during 2011. The Company also announces that David Ridley has resigned from the Board of Directors and remains a consultant to the Company. We wish to thank Mr. Ridley for his contributions as a Director and look forward to his continued engagement with the Company as an insider and for exploration and prospecting services going forward. On behalf of the Board of Directors, "David E Blann" ____________________ David E Blann, P.Eng. President 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. FOR FURTHER INFORMATION PLEASE CONTACT: David Blann, President, CEO Corporate Office: Phone: 604.662.8310 Email: Info@happycreekminerals.com Website: www.happycreekminerals.com Investor Relations: James Berard Phone: 604-687-2768 Toll free: 1-877-459-5507 Neither 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. Copyright (c) 2011 Thenewswire.ca - All rights reserved.