(via TheNewswire)
A total of 2052.7 m were drilled in twelve diamond drill holes. The 2021 drill pattern was designed to in-fill and step-out from previous promising results in three portions of the 3-km-long Nightcrawler – Creek zone, and to attain a pierce-point spacing of approximately 75 m or less to allow for future resource estimation.
The 2021 drilling was successful in demonstrating the continuity of moderate- to high-grade tungsten skarn (calc-silicate) mineralization in the northern Nightcrawler, southern Nightcrawler South and eastern Creek zones, and in showing that these zones remain open for expansion in several directions. In addition, the drilling confirmed two to six stacked, mineralized horizons are present in Nightcrawler area.
Five kilometres to the north (Figure 1), detailed prospecting and chip sampling along strike from the
Drilling Results
Assay and survey results are included in Tables 1 and 2, in plan view on Figure 2, and in cross-sections on Figure 3 and 4.
In the northern Nightcrawler zone seven holes were drilled to infill and expand the area of near-surface tungsten mineralization. The best 2021 results are hole F21-09 which intersected6.7 m grading 0.43% WO3, including 1.2 m grading 1.83% WO3 and hole F21-11, which intersected1.2 m grading 0.67% WO3. The mineralized skarn horizons are now confirmed to dip shallowly south over an area of approximately 250 m east-west by 200 m on the dip. The host rocks dip south at 20 to 25 degrees. This zone has now been intersected in a total of ten holes and remains open up-dip to the north, and down-dip to the south.
Previous drilling in the southern Nightcrawler zone includes a line of four holes drilled between 2007 and 2015, all of which intersected multiple zones of gently south-dipping tungsten mineralization at shallow depths (e.g. Hole 07F-05 intersected2 m grading 0.75%, 3 m grading 0.34% and 0.5 m grading 1.8% WO3). 2021 hole F21-05 was collared approximately 50 m west of 07F-05 and intersected six stacked mineralized skarn horizons between 15.54 and 178.14 m down the hole, the best the best of which is1.5 m grading 0.43 WO3.
Four holes were drilled in the eastern Creek zone, F21-01 to -04, as step-outs around 2020 hole F20-06 which intersected3.38 m grading 1.08% WO3within a thick section of calc silicate (skarn) alteration (see Happy Creek News Release of
Prospecting Results
During the summer and fall of 2021, the Company conducted prospecting, geological studies and chip sampling in the area of the RC zone deposit, in the
In the vicinity of the RC zone deposit, geological mapping, ultraviolet lamp prospecting, hand trenching, and chip-chisel sampling was performed on new exposures along strike to the north and south. Most of the outcrop in this area is covered by vegetation and talus making it challenging to expose, observe and sample the full thickness of mineralized outcrops. As such, reported sample widths are interpreted to be only a minimum. To the south of the RC deposit and towards the BN deposit, chip samples of new surface exposures175 and 350 m south of the nearest drill hole returned 0.73%WO3over 0.90 m, 2.32%WO3over 1.50 m, 1.69%WO3over 0.3 m, and 0.62%WO3over 0.3 m.To the north of the RC deposit, chip samples returned2.59%WO3over 1.4 m, 1.16%WO3over 0.60 min areas with wide-spaced drill holes. These new outcrop discoveries will help guide future mechanized trenching and drilling to expand the current resource*.
New trench samples along the east side of the RC deposit, where it daylights in steep bluffs, will complement the current resource model* by allowing the connection of mineralized zones in drill holes to mineralized zones at surface in several areas. Chip samples in this area returned0.73%WO3over 0.8 m, 0.39%WO3over 1.5 m, and 0.90%WO3over 3.0 m, with mineralized intervals open in width.
In the
On the western side of the Fox property, multiple prospecting traverses were performed in areas of recent and on-going logging activity. The Fox West area has extensive till cover, however, one skarn boulder was located that returned3.58% WO3. At higher elevations above the
*For details of the current 43-101 resource estimate for the RC, BN and BK deposits at Fox see Happy Creek news release dated
Table 1. Tungsten Intercepts for 2021 Drill Holes in the Nightcrawler -
Hole # | From (m) | To (m) | Interval (m) | WO3(%) | |
F21-01 | No Significant Values | ||||
F21-02 | 128.00 | 129.00 | 1.00 | 0.74 | |
F21-03 | 133.00 | 135.20 | 2.20 | 0.37 | |
Incl. | 133.00 | 134.00 | 1.00 | 0.53 | |
F21-04 | 132.15 | 133.15 | 1.00 | 0.49 | |
F21-05 | Southern Nightcrawler | 15.54 | 16.50 | 0.96 | 0.20 |
F21-05 | 35.50 | 37.00 | 1.50 | 0.43 | |
F21-05 | 54.90 | 56.20 | 1.30 | 0.29 | |
F21-05 | 141.00 | 142.00 | 1.00 | 0.13 | |
F21-05 | 158.00 | 160.00 | 2.00 | 0.08 | |
F21-05 | 176.20 | 178.14 | 1.94 | 0.18 | |
F21-06 | Northern Nightcrawler | 72.04 | 75.00 | 2.96 | 0.08 |
F21-06 | 90.65 | 92.07 | 1.42 | 0.18 | |
F21-07 | Northern Nightcrawler | 88.18 | 90.96 | 2.78 | 0.19 |
F21-07 | 92.00 | 94.30 | 2.30 | 0.08 | |
F21-07 | 97.26 | 101.10 | 3.84 | 0.32 | |
F21-08 | Northern Nightcrawler | 62.89 | 68.20 | 5.31 | 0.11 |
Incl. | 62.89 | 64.60 | 1.71 | 0.14 | |
F21-08 | 95.65 | 97.00 | 1.35 | 0.29 | |
F21-09 | Northern Nightcrawler | 38.00 | 40.00 | 2.00 | 0.20 |
F21-09 | 118.20 | 122.50 | 4.30 | 0.08 | |
F21-09 | 137.30 | 144.00 | 6.70 | 0.43 | |
Incl. | 142.80 | 144.00 | 1.20 | 1.83 | |
F21-10 | Northern Nightcrawler | 140.00 | 142.20 | 2.20 | 0.26 |
F21-10 | 151.50 | 152.60 | 1.10 | 0.13 | |
F21-11 | Northern Nightcrawler | 84.75 | 85.95 | 1.20 | 0.67 |
F21-12 | Northern Nightcrawler | 92.65 | 94.30 | 1.65 | 0.08 |
Note: The true width of mineralized intervals is estimated to be 70 to 90% of intersected width.
Table 2. 2021 Nightcrawler –
Hole | Dip | Azimuth | Easting | Northing | Collar Elevation (m) | Depth (m) |
F21-01 | -45 | 0 | 671976 | 5769465 | 1225 | 251.76 |
F21-02 | -45 | 0 | 671913 | 5769541 | 1200 | 184.71 |
F21-03 | -90 | 0 | 671913 | 5769540 | 1200 | 227.38 |
F21-04 | -60 | 310 | 671912 | 5769542 | 1200 | 155.75 |
F21-05 | -65 | 0 | 670960 | 5769170 | 1267 | 260.91 |
F21-06 | -55 | 0 | 671353 | 5769450 | 1208 | 107.80 |
F21-07 | -80 | 180 | 671353 | 5769452 | 1208 | 120.70 |
F21-08 | -80 | 180 | 671450 | 5769470 | 1214 | 126.80 |
F21-09 | -65 | 25 | 671406 | 5769343 | 1227 | 184.71 |
F21-10 | -90 | 0 | 671406 | 5769343 | 1227 | 206.04 |
F21-11 | -50 | 0 | 671250 | 5769434 | 1217 | 111.56 |
F21-12 | -80 | 180 | 671250 | 5769437 | 1217 | 114.60 |
Table 3. 2021 Fox Prospecting Results.
Sample # | Zone | Sample Type | Width (m) | WO3(%) | Other Elements |
F21DB-R-2 | Boulder | 0.57 | |||
F21DB-R-3 | Boulder | 1.19 | |||
F21BK-R-3 | Boulder | 2.07 | |||
F21DB-8 | RC North | Chip | 1.00 | 0.06 | |
F21DB-9 | RC North | Chip | 0.80 | 0.73 | |
F21DB-10 | RC North | Chip | 1.50 | 0.39 | |
F21DB-11 | RC North | Chip | 0.60 | 1.16 | |
F21DB-12 | RC North | Boulder | 0.09 | ||
F21DB-13 | RC North | Chip | 1.40 | 2.59 | |
F21BK-2 | RC North | Chip | 1.00 | 0.03 | |
F21BK-6 | RC North | Chip | 3.00 | 0.90 | |
F21DB-4 | RC South | Chip | 0.30 | 1.69 | |
F21DB-5 | RC South | Chip | 0.90 | 0.73 | |
F21DB-6 | RC South | Chip | 1.50 | 2.32 | |
F21BK-2 | RC South | Chip | 0.55 | 0.03 | |
F21DB-7 | RC South | Chip | 0.30 | 0.62 | |
F21BK-3 | RC South | Chip | 1.00 | 0.01 | |
F21BK-4 | RC South | Chip | 0.80 | 0.25 | |
F21BK-5 | RC South | Chip | 0.20 | 0.19 | |
F21BK-R-1 | September | Grab | 0.01 | ||
F21BK-R-2 | September | Boulder | 0.03 | ||
F21BK-R-4 | September | Boulder | 0.25 | ||
F21BK-7 | September | Chip | 0.30 | 1240 ppm Mo | |
F21BK-8 | September | Chip | 0.25 | 897 ppm Mo, 0.188 g/t Au | |
F21DB-R-1 | West | Boulder | 3.58 |
Mr.
About
Happy Creek is focused on making new discoveries and building resources in proximity to infrastructure on its 100-percent-owned portfolio of diversified metals projects in
About Fox Tungsten
Fox Tungsten is a district-scale, high-grade critical mineral project that Happy Creek has advanced from initial discovery to the drill definition stage. The project is host to the RC, BN andRC deposits with current mineral resources (see Happy Creek news release dated
About Tungsten
Tungsten is a rare, heavy and hard element used mainly in cemented tungsten carbide and high-speed alloy cutting tools and other high-tech applications. Tungsten has been declared a “critical mineral” by governments in
More information on the Company’s projects can be found on the Company’s website atwww.happycreekminerals.com.
The Company operates with the principles and guidelines set out for COVID-19 that are established by provincial health and safety authorities to protect workers and the communities in which the Company operates.
Quality Assurance / Quality Control Procedures
NQ size diamond drill core was split and sampled over intervals ranging from 0.45 to 3.84 m and averaging approximately 2.0 m. Samples were shipped to, prepared, and analyzed at
Qualified Person Statement
The technical and scientific contents of this release have been prepared, verified and approved by
On behalf of the Board of Directors,
“Peter Hughes”
President and Chief Executive Officer
FOR FURTHER INFORMATION, PLEASE CONTACT:
Office Phone: (604) 662-8310
Email:phughes@happycreekminerals.com
Neither the
The reader is cautioned that results or information from an adjacent property does not infer or indicate similar results or information will or does occur on the subject property. Historical information from the subject or adjacent property cannot not be relied upon as the Company’s QP, a term which was created and defined under NI-43-101, has not prepared nor verified the historical information.
This press release contains "forward-looking information" within the meaning of applicable securities laws, including statements that address capital costs, recovery, grade, and timing of work or plans at the Company’s mineral projects. Forward-looking information may be, but not always, identified by the use of words such as "seek", "anticipate", “foresee”, "plan", "planned", "continue", "expect", “thought to”, "project", "predict", "potential", "targeting", "intends", "believe", “opportunity”, “further” and others, or which describes a goal or action, event or result such as "may", "should", "could", "would", "might" or "will" be undertaken, occur or achieved. Statements also include those that address future mineral production, reserve potential, potential size or scale of a mineralized zone, potential expansion of mineralization, potential type(s) of mining, potential grades as well as to Happy Creek’s ability to fund ongoing expenditure, or assumptions about future metal or mineral prices, currency exchange rates, metallurgical recoveries and grades, favourable operating conditions, access, political stability, obtaining or renewal of existing or required mineral titles, licenses and permits, labour stability, market conditions, availability of equipment, accuracy of any mineral resources, anticipated costs and expenditures. Assumptions may be based on factors and events that are not within the control of Happy Creek and there is no assurance they will prove to be correct. Such forward-looking information involves known and unknown risks, which may cause the actual results to materially differ, and/or any future results expressed or implied by such forward-looking information. Additional information on risks and uncertainties can be found within Financial Statements, Prospectus and other materials found on the Company’s SEDAR profile atwww.sedar.com. Although Happy Creek has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Happy Creek withholds any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by law.
Figure 1. Fox Property Map, Showing Location of Tungsten Zones.
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Figure 2. Drill Plan of Nightcrawler –
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Figure 3. Cross-Section A-A’
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Figure 4. Cross-Section B-B’
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