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Happy Creek Minerals Reports Latest Rateria Results

Investing News Network
Jun. 11, 2012 09:28AM PST
Company News

Happy Creek Minerals Ltd.(TSXV:HPY) announced the latest results from its Rateria property. The Company reported drill results of 152.5 metres of 0.26% copper at the property.

Happy Creek Minerals Ltd.(TSXV:HPY) announced the latest results from its Rateria property. The Company reported drill results of 152.5 metres of 0.26% copper at the property.

As quoted in the press release:

New drill results from Zone 2 include R11-36 containing 152.5 metres grading 0.26% copper, 0.008% molybdenum, 0.07 g/t gold and 0.67 g/t rhenium, starting at 70.0 metres. This includes 42.5 metres of 0.37% copper, 0.17 g/t gold, 0.025% molybdenum, 1.82 g/t rhenium and 1.87 g/t silver. Important rhenium enrichment is shown in a section of 7.5 metres with 0.11% copper, 0.119% molybdenum and 9.5 g/t rhenium.

Happy Creek, President and CEO, said:

R11-36 has expanded Zone 2, and it remains open in extent in several directions. It continues to return strong rhenium enrichment in the molybdenite, and the additional gold values are positive and geologically interesting. Zone 2 shares similarities with some copper-gold type deposits, and we see excellent opportunity with this and numerous other untested targets.

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

drill results tsxv:hpy happy creek minerals
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