Happy Creek Provides an Update on its Hen Property, B.C.
October 01 2009 - 2:09PM
Marketwired
Happy Creek Minerals Ltd. (TSX VENTURE: HPY) (the "Company")
announces it has completed 842 metres of trenching on its 100%
owned Hen property, located approximately 45 kilometres northeast
of 100 Mile House, and ten kilometres southeast of the former Boss
Mountain molybdenum mine, in south-central British Columbia,
Canada.
The Anomaly Creek Prospect
The Company recently completed 371 metres in 12 trenches
covering portions of a positive 3D Induced Polarization (3D IP) and
magnetic geophysical anomaly and widespread positive copper, lead
and zinc values in soil and surface rock samples. This prospective
area is approximately one kilometre by one kilometre in dimension
and is part of a much larger mineralized system that remains open
in extent. Trenches were located on the west and east side of a
northerly trending swampy area that is approximately 500 metres to
a kilometre in width and over two kilometres in length.
Geologically, the Anomaly Creek area is underlain by the
northerly trending contact between rocks of monzodiorite to quartz
diorite composition and volcanic and minor sedimentary rocks of the
Nicola Group. Dykes of intermediate to mafic composition cut the
volcanic and intrusive rocks. All rocks are moderate to strongly
fractured and contain variable amounts of dominantly quartz and
sericite alteration minerals that are either in veinlets or
disseminated. Trace to 15% pyrite (iron sulphide), and variable
concentrations of gypsum and chalcopyrite (copper sulphide),
sphalerite (zinc sulphide), and galena (lead sulphide) occur in all
trenches.
The results to date from the Anomaly Creek prospect are thought
to reflect potential for a new bulk tonnage copper deposit that
remains untested by drilling.
The Hen Prospects
To the east of the Anomaly Creek prospect, the Hen and Ledge
prospects were trenched with 471 metres in 11 trenches. This work
was focused on the Dyke zone, where previous chip sampling returned
3.5 metres grading 3.46 g/t gold that remained open in extent, and
grab samples contain up to 35.0 g/t gold. Further east, the Ledge
and Southeast skarn showings have returned grab samples containing
a large number of geochemically anomalous samples (greater than 40
parts per billion) up to 1.10 g/t gold.
These positive gold values occur along a three kilometre
easterly trending zone of hornfelsed, calc silicate and
quartz-carbonate altered volcanic and sedimentary rocks and contain
abundant pyrrhotite, pyrite (iron sulphides) and locally
arsenopyrite (arsenic sulphide), stibnite (antimony sulphide) and
chalcopyrite (copper sulphide) trace elements.
Complete analytical results from the 2009 trenching program are
expected within four to six weeks.
On behalf of the Board of Directors,
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.
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.
Contacts: Happy Creek Minerals Ltd. Corporate Office
604.662.8310 info@happycreekminerals.com www.happycreekminerals.com
Ascenta Capital Partners Inc. Hugh Oswald Investor Relations
604.684.4743 ext. 243 or Toll free: 1.866.684.4743 ext. 243
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