Cariboo Mining Properties

Happy Creek Minerals Ltd.'s wholly-owned Cariboo properties total approximately 392 square kilometres in area and are located approximately 60 to 80 kilometres northeast of 100 Mile House, in the south central Cariboo region of B.C. The properties all have excellent infrastructure in place, and either surround, or are situated in the general vicinity of the former Boss Mountain molybdenum mine. The sites are known as the Silverboss, Fox, Hen, Art-DL and Hawk properties.


About This Project

Happy Creek's Silverboss property surrounds the former Boss Mountain molybdenum mine, and is located within 350 metres of an open pit. The company has outlined a large, positive molybdenum, tungsten and copper anomaly in soil and outcropping rock samples that is approximately 3 kms in length and is thought to be an extension of the adjacent, previously mined deposits. Significant, positive values of gold also occur in this area. In addition, Happy Creek's systematic exploration has identified a new and large scale copper soil geochemical anomaly further north. These are thought to be examples of new bulk tonnage targets that exist in proximity to the former molybdenum producer.

Approximately 25 kms east of the Boss Mountain molybdenum mine, the Fox property is a large scale tungsten molybdenum system that has returned potentially economic grade tungsten in drilling and outcrop trench samples. The size of the mineralized area and positive grades obtained are very encouraging for a significant new tungsten skarn discovery. In November 2012, Happy Creek announced drill results from its Fox property, which clearly established the presence of a new tungsten deposit containing high grades that are well within conceptual open pit mining parameters.

Happy Creek's Hen property has returned a large area containing positive copper, lead, zinc and gold in soil and rock that is a bulk tonnage copper +/- molybdenum target at Anomaly Creek. In addition, several significant gold showings on the property include the Hen, Ledge and Dyke zones that span a distance of approzimately 4 kms.

Adjoining the Hen property to the east is the company's Art-DL property. The geology is very similar to the Spanish Mountain (1.75 million oz gold) and Thunder Ridge gold prospects, located approximately 100 kms to the north and 1.5 kms to the south, respectively. Exploration has identified positive gold and silver values in soil and rock samples, and drilling in 2010 intersected a long interval of positive silver values.

Within the central axis of the Quesnel Trough, the Hawk property contains geology consistent with other alkalic copper-gold deposits that are represented by five mines in B.C., Mount Polley, being the closest. Results from numerous showings contain positive to high copper, gold and silver values in a 3 km by 1.5 km area. In October 2012, Happy Creek announced results from trenching on its Hawk copper-gold property. This machine trenching revealed the source of mineralized surface boulders and poorly exposed subcrop. Results have expanded the mineralized footprint and confirmed the gold-rich nature of the system. Happy Creek's next step is a comprehensive drill program on the Hawk property.

 

More Information Online

For more information on this project, visit:
http://www.happycreekminerals.com/s/Cariboo.asp

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