Happy Creek Minerals Ltd. (TSXV:HPY) announced that it has drilled 152.5 metres of 0.35% copper and 0.57 g/t rhenium at its 100% owned Rateria property in BC. The Company has discovered two new copper zones on the Rateria property, located approximately 6.5 kilometres south-southeast of a producing open pit.
As quoted in the press release:
New drill results from Zone 2 include R12-01 with 92.8 metres of 0.30% copper, 0.15 g/t gold starting from bedrock surface and the zone remains open in extent. R12-02 returned 152.5 metres of 0.35% copper and 0.57 g/t rhenium, including 32.5 metres of 0.91% copper, 0.010 % molybdenum, 4.0 g/t silver, 0.11 g/t gold and 1.83 g/t rhenium.
Happy Creek Minerals Ltd. President and CEO, David Blann said:
Zone 2 continues to expand with positive results that are near surface and located about 6.5 kilometres from a producing open pit. The strong rhenium enrichment and gold values could increase the potential value, and metallurgical tests are planned. We are pleased with the new results from this zone and believe it is an important addition to the Company’s assets.