New News,and just talked to ir again, ceo didn't have a problem at all with getting his attorney started on getting a 15c211 in for full trading status on our market , this is copper play mostly but co. had news this morning and buying leases adjacent to theirs and those have gold & silver also , this is going to get better and better , teck cominco will buy them out later after they've prepped everything !!!
News Releases
Mon Dec 7, 2009
Happy Creek acquires property adjoining Thunder Ridge gold discovery, B.C.
December 7, 2009 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is pleased to announce that it has acquired an option to earn a 100 percent interest in a mineral property that adjoins the south side of the Company's Art - DL gold-silver property and adjoins the north side of Skygold Ventures Ltd. Spanish Creek-Thunder Ridge gold-silver discovery. These properties are located approximately 45 kilometres northeast of 100 Mile House, in south central British Columbia, an area providing excellent year-round access and resource based infrastructure. The New DL property covers approximately 398 hectares (4.0 square kilometres) in area.
Importantly, Skygold Ventures Ltd. has reported that diamond drill hole SC017 has returned 7.5 metres grading 8.84 g/t (grams per tonne) gold and an additional 19.5 metres containing 1.13 g/t gold. This drill hole is approximately 350 metres south of the New DL property.
David Blann, President of Happy Creek states: "We are pleased to be adding highly prospective ground to our existing land package in this rapidly developing and potentially large scale gold-silver system".
Happy Creek believes the results from the Thunder Ridge zone in conjunction with results from the Company's 100 percent owned Art-DL property (refer to press release dated February 24th, 2009) are compelling. Overall, results to date from this area suggest good potential for an emerging and large scale orogenic style gold-silver system that is over seven kilometres in length, with Happy Creek now having approximately five kilometres of this trend. Skygold Ventures Ltd.'s Spanish Mountain and Hawthorne Gold Corp.'s Frasergold deposits collectively contain over 4 million ounces of gold at a 0.50 g/t gold cutoff grade. These two deposits occur within a very similar geological setting and are located 100 kilometres and 60 kilometres to the north, respectively. There are orogenic or sediment-hosted type gold deposits occurring elsewhere in the world that host 5 to over 30 million ounces of gold.
About the Art-DL Property
The Art-DL property covers an 1880's 12.0 metre long adit (tunnel with only one entrance) developed on a quartz vein containing 4.12 g/t gold over 2.0 metres and 4.57 g/t gold over 1.6 metres and up to 42.9 g/t gold over 1.0 metre. Geological mapping confirms the property is underlain by similar geology as the Thunder Ridge zone, Spanish Mountain and Frasergold deposits. Positive values of gold and silver in soil and stream sediment samples occur for approximately 2.2 kilometres north of the DL adit and remain open in extent. Approximately 450 metres south of the DL adit, a 2001 drill hole intersected 1.09 g/t gold over 1.5 metres in the first sample at the top of the hole and remains open in extent. Approximately 2.0 kilometres west of this drill hole, the Art prospect has returned up to 1.1 g/t gold in rock grab samples, a 2001 drill hole returned 0.17 g/t gold over 12.0 metres and an unexplored and positive gold in soil anomaly occurs that is one kilometre in length and remains open in extent.
Exploration on the DL property in 2009 comprised additional soil and stream sediment geochemical surveys largely to the south of the DL adit and results are expected in January, 2010.
Happy Creek Minerals Ltd. can earn a 100 percent interest into the New DL property by making staged cash payments, share issuance and exploration expenditures on the property over a four year period. During the first two years of the Option, the Company must pay $35,000 in cash, issue 300,000 shares, and carry out $200,000 in exploration. Total cash payment, share issuance and work commitments over the four years, inclusive are $150,000, 850,000 and $700,000, respectively. The Company has the right to purchase a two percent Net Smelter Royalty by paying $1,000,000 for the first one percent and $1,500,000 for the second one percent.
The Company plans to conduct initial exploration of the New DL and its Art-DL propertyduring the summer of 2010, and expects trenching or drilling will follow.
On behalf of the Board of Directors,
"David E Blann"
____________________
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Corporate Office:
Phone: 604.662.8310
Email: dblann@happycreekminerals.com
Website: www.happycreekminerals.com
