Press release from TheNewswire.ca
Happy Creek Commences Drilling in Highland Valley B.C.
Tuesday, May 03, 2011
Happy Creek Commences Drilling in Highland Valley B.C.14:00 EDT Tuesday, May 03, 2011(via Thenewswire.ca) May 3, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce that the 2011 drilling program is underway on its Rateria property in Highland Valley, B.C. The Company has a 100% interest in approximately 145 square kilometres of mineral claims that adjoin Teck's Highland Valley Copper (HVC) mine property, Canada's largest copper producer, located in south central B.C. Over 1.8 billion tonnes of resources in five deposits have been discovered in the Highland Valley district. HVC is currently mining material with an average grade of around 0.26% copper. Happy Creek has discovered Zone 1 and Zone 2 on the Rateria property, located approximately 6.5 kilometres southeast of Teck's Highmont mine. Highlights of drilling include 253.7 metres of 0.24% copper including 120.0 metres of 0.38% copper in Zone 1. Zone 2 is located approximately 2 kilometres to the northeast and has returned 126.0 metres of 0.46% copper, 0.008% molybdenum and 0.10 g/t gold. Zone 2 also contains intercepts such as 38.2 metres of 0.029% molybdenum and 2.14 g/t rhenium that are thought to support the presence of a porphyry copper-molybdenum system. "Our exploration program will consist of up to 10,000 metres of drilling to further define and expand Zone 1 and Zone 2. We will also test new targets identified from our comprehensive surface exploration, reconnaissance drilling and data analyses." states David Blann, President and CEO of Happy Creek. "The objectives are to advance the known copper zones potentially leading to a resource estimate and to discover new ones for which we believe there is a fair chance of reward". Between February and the end of March, 2011, a three dimensional induced polarization (3D IP) and magnetic geophysical survey was completed. These surveys cover approximately seven square kilometres of prospective geology and several important copper prospects located to the south of Zone 1 and final results are pending. 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 Copyright (c) 2011 Thenewswire.ca - All rights reserved.