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Happy Creek Minerals Receives Additional Results from the Fox Tungsten Property

Investing News Network
Nov. 01, 2012 02:03PM PST
Company News

Happy Creek Minerals Ltd. (TSXV:HPY) announced receiving additional results from its 100% owned Fox property. The new results reported 20.0 metres of 0.63% W03 starting at 20.0 metres depth.

Happy Creek Minerals Ltd. (TSXV:HPY) announced receiving additional results from its 100% owned Fox property. The new results reported 20.0 metres of 0.63% W03 starting at 20.0 metres depth.

As quoted in the press release:

New results from the RC prospect include vertical hole F12-17 containing 20.0 metres of 0.63% W03 starting at 20.0 metres depth. This includes 6.0 metres grading 1.51% W03 and a one metre interval contains 4.54% W03, 1.05% zinc, 7.1 g/t indium and 0.12 g/t gold. The true thickness is estimated to be 90% of the interval thickness.

Happy Creek, President and CEO, David Blann, stated:

We have now clearly established the presence of a new tungsten deposit containing high grades that are well within conceptual open pit mining parameters. F12-17 has expanded the RC prospect with top-tier tungsten grades that remain open in extent. In addition, the RC prospect is only part of a three kilometre long target thought to have large resource potential. The Fox property is a special opportunity for shareholders to participate in a significant new tungsten discovery.

Click here to read the Happy Creek Minerals Ltd. (TSXV:HPY) press release
Click here to see the Happy Creek Minerals Ltd. (TSXV:HPY) profile

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