Happy Creek Minerals Ltd. announced an update to its mineral resource estimate completed in accordance to NI 43-101 for the Ridley Creek zone and a first-time resource for the BN zone on its 100% owned Fox tungsten property. The Fox property is located 75 km northeast of 100 Mile House in the south-central Cariboo, British Columbia, Canada. The Fox property consists of a recently discovered, large scale, 10 km by 3 km tungsten skarn mineral system containing seven mineralized zones at surface. All zones are open in extent. The current resource is for the Ridley Creek and BN zones. The total Indicated Resources for the Ridley Creek zone amount to 486,000 tonnes grading 0.817% WO3. The total Inferred Resource is now 361,000 tonnes grading 1.568% WO3 for the Ridley Creek and BN zones combined. These grades are thought to be comparable to the Cantung property in the Northwest Territories, regarded as among the grade mines in the western world. The selected cut-off for the material amenable to open pit extraction is 0.2% WO3. For material amenable to underground extraction, a cut-off of 0.55% WO3 was applied. The quantity and grade of reported Inferred resources in this estimation are conceptual in nature, and there has been insufficient exploration to define these Inferred Resources as an Indicated or Measured Resource. It is uncertain if further exploration will result in upgrading them to an Indicated or Measured Resource category. Tungsten assays are reported in percentage WO3 (tungsten trioxide), the compound for which tungsten market prices are published. Quantities of WO3 are traditionally reported in Metric Ton Units, which are equal to 10 kg of WO3.