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Press release from TheNewswire.ca

Happy Creek begins drilling Fox tungsten property, B.C.

Monday, August 15, 2011

Happy Creek begins drilling Fox tungsten property, B.C.14:01 EDT Monday, August 15, 2011(via Thenewswire.ca) August 15, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") announces that it has commenced a diamond drilling program on its 100% owned Fox tungsten property. The Fox property is located approximately 30 kilometres east of the past producing Boss Mountain molybdenum mine and 75 kilometres northeast of 100 Mile House, in south central British Columbia, Canada. "With tungsten prices over US$40.0/kg W03 (tungsten trioxide), the economic potential of the Fox property is thought to be very significant" states David Blann, President and Chief Executive Officer. "The size of this mineralized system and grades returned are comparable to other tungsten mines around the world, and we are excited to begin the first ever drilling of the Ridley Creek area." An initial phase consisting of 1,500 metres of diamond drilling will test three main outcropping zones (RT, BK and BN) that occur over a two kilometre distance. Worldwide tungsten mines generally average 0.3 to 1.0% W03 and few mines average greater than 1.0% W03. Refer to the summary below and the news release dated January 17, 2011 for details of the trenching results. Summary of 2010 trench and rock chip samples --------------------------------------------------- | Sample | ID |Width |W03 |W03 |  | |-------------------------------------------------| | Type |  |metres|% |kg/t|Comments | |-------------------------------------------------| |Trench |RT-1 |6.6 |0.30|3.0 |open one end | |-------------------------------------------------| |  |RT-2 |7.0 |0.80|8.0 |open one end | |-------------------------------------------------| |  |RT-3 |4.9 |1.07|10.7|open one end | |-------------------------------------------------| |  |RT-4 |1.3 |2.54|25.4|open one end | |-------------------------------------------------| |  |RT-6 |2.0 |5.00|50.0|open both ends| |-------------------------------------------------| |  |RT-7 |5.0 |0.98|9.8 |open one end | |-------------------------------------------------| |  |BK-1 |1.0 |0.57|5.7 |open one end | |-------------------------------------------------| |  |BK-2 |7.3 |1.25|12.5|full width | |-------------------------------------------------| |  |BK-3 |4.6 |0.85|8.5 |open both ends| |-------------------------------------------------| |  |BK-4 |4.0 |0.12|1.2 |open both ends| |-------------------------------------------------| |  |BK-5 |3.0 |2.11|21.1|open one end | |-------------------------------------------------| |Rock chip|BN 4858|1.0 |4.66|46.6|open one end | |-------------------------------------------------| |  |BN 4860|0.6 |3.86|38.6|open one end | |-------------------------------------------------| |  |BN 4861|0.5 |1.36|13.6|open one end | |-------------------------------------------------| |  |BN 4862|0.8 |1.63|16.3|open one end | |-------------------------------------------------| |  |BN 4863|0.8 |2.95|29.5|open one end | |-------------------------------------------------| |  |708658 |0.3 |5.83|58.3|open both ends| |-------------------------------------------------| |  |708660 |2.0 |1.52|15.2|open both ends| --------------------------------------------------- --------- | | | | | --------- These three outcropping zones at Ridley Creek are part of a continuous and favorable geological package of geology with positive tungsten in soil that extends over three kilometres. On the Fox property, positive to potentially economic values of tungsten and accessory zinc and indium values occur at the Ridley Creek as well as at the Nightcrawler-Discovery zone four kilometres to the south. The geology consists of a complex multi-phase monzogranite similar in age to the nearby boss Mountain molybdenum mine. A difference is that on the Fox property the monzogranite cuts folded calcareous metasediment and limestone, Paleozoic and older in age. Surrounding the monzogranite, metasediment and limestone are intensely hornfels, muscovite-sericite, calc silicate and skarn altered. Molybdenum and fluorine are present within skarn, quartz veins and monzogranite that are thought to represent potential for a sizeable porphyry tungsten-molybdenum system. Locally, zones 1.7 metres in thickness contain 0.51% molybdenum in drill core and up to 12.8% molybdenum in blocks of approximately 0.50 to 0.65 metres in thickness. The calc silicate, skarn and cross cutting quartz veins contain scheelite (calcium tungstate), an ore of tungsten. Positive values of tungsten occur in rock, soil and stream sediment in an area approximately ten kilometres by three kilometres in dimension. The Fox property is located approximately seven kilometres from hydropower, excellent resource based infrastructure and is thought to reflect a significant new tungsten-molybdenum prospect in western Canada. 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: Corporate Office: David Blann 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.