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Happy Creek Reports Additional Drill Results from Fox Tungsten Property
Happy Creek (TSXV:HPY) has announced additional drill results from its 2016 exploration program on its 100 percent owned Fox tungsten property in south central British Columbia. As quoted in the press release: Results of the first batch of holes from the BN zone were announced October 24th up to hole F16-19. Results reported here are …
Happy Creek (TSXV:HPY) has announced additional drill results from its 2016 exploration program on its 100 percent owned Fox tungsten property in south central British Columbia.
As quoted in the press release:
Results of the first batch of holes from the BN zone were announced October 24th up to hole F16-19. Results reported here are for the final 6 holes (numbered F16-20 to F16-25) at the BN zone. A map showing the location of the various mineralized zones on the property can be found on the Company’s website at www.happycreekminerals.com. A map of the BN prospect drill holes can be found attached to this news release on the Company’s website.
BN prospect
Drill hole F16-20 returned 5.0 metres of 0.97% WO3 and is located approximately 70 metres east of drill hole F16-18 (3.0 metres of 1.07% WO3). Drill hole F16-22 is located approximately 65 metres southwest of drill hole F12-28 (2.90 metres of 1.20% WO3) and returned 4.0 metres of 1.36 % WO3. Drill hole F16-21 is located approximately 70 metres east of drill hole F16-17 (4.1 metres of 5.1% WO3) and returned two low grade intervals thought to be beyond a marble front. Drill hole F16-23 is located approximately 65 metres southwest of drill hole F16-17 and returned 9.5m of 0.12% WO3, including 2.0 metres of 0.30% WO3. Drill hole F16-24 is located approximately 80 metres west of drill hole F16-22 and returned 2.0 metres of 0.24% WO3 and 10.0 metres of 0.21% zinc. Drill hole F16-25 is located approximately 75.0 metres south of F16-24 and intersected a granite stock. Additional geological work is required to determine true thicknesses of the intervals.
Including the Company’s drilling performed in 2012, fourteen holes at the BN prospect have now outlined a zone that is approximately 380 metres by 170 metres in dimension in which several mineralized layers occur. Within a sub-area of approximately 200 metres by 80 metres in dimension, one of the layers appears tabular in shape and approximately 30 to 80 metres below surface from south to north, respectively. The layer is expected to daylight at surface further south. Eight holes intersected this layer with a drill width-weighted average grade of 4.7 metres of 2.68% WO3. Globally, very few tungsten mines average even 1% WO3. The high-grade BN zone remains open in extent and overall, the favorable geology and soil geochemical surveys outline a target area that is 1.5 km by 1.0 km in dimension.
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