Happy Creek adds claims to Fox and DL propertiesadmin
November 14, 2013 – Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) or the "Company", announces that it has acquired by staking several mineral claims that adjoin the Company’s Fox and DL properties.
The Fox and DL properties are located approximately 75 km northeast of 100 Mile House in the south central Cariboo Region of British Columbia Canada.
Since 2005, a large area surrounding the Company’s DL property was covered by third party mineral clams, including Spanish Mountain Gold’s Thunder Ridge property. These claims recently expired and the Company was able to acquire claims to join the Fox with the DL property. In addition, claims were acquired south of the DL that were formerly covered by a portion of Spanish Mountain Gold’s Thunder Ridge property. An updated mineral titles map of the Company’s mineral claims in this area is located on the website under Projects/ Cariboo Properties.
David Blann, President and CEO of Happy Creek states "Connecting the Fox property to our DL, Hen and Silverboss properties is strategic for mineral title operations. The addition to the DL property was opportunistic, covering a portion of the former Thunder Ridge property. Thunder Ridge is a new gold and silver prospect drilled by Spanish Mountain that returned some encouraging intersections and together with the Company’s DL property, is underexplored."
The Company’s Cariboo properties, including the Fox, DL, Hen, Hawk and Silverboss property are all 100% owned. With recent work completed on our Fox property, all the key mineral claims in this group of properties are expected to be in good standing between three to 10 years. Shareholders benefit from this situation as the company need not expend its financial resources to make payments or work commitments to maintain these properties during the current difficult market conditions.
The Fox property is a new, high grade tungsten discovery that is at or close to surface and has returned globally top tier drill results. Additional drill results are pending.
On behalf of the Board of Directors,
"David E Blann"
David E Blann, P.Eng.
FOR FURTHER INFORMATION PLEASE CONTACT:
David Blann, President, CEO
Registered Investor Relations:
James Berard Phone: 604-687-2768 Toll free: 1-877-459-5507
David Blann, P.Eng., is a Qualified Person as defined under Canadian NI43-101 regulations and has reviewed and approved the technical content of this press release. 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 release.
Posted: November 14th, 2013 under ACCESSWIRE.