RE: RE: news!!https://www.happycreekminerals.com/i/pdf/HappyCreek_Presentation_December_2009.pdfI cut and pasted some pertinent information from their powerpoint presentation. Cheers.
Why Buy Happy Creek Minerals?
- Six 100%-owned properties located in B.C. Canada
- Near existing or significant past-producing mines.
- Quality resource potential identified:
Exploration Property
Rateria: Adjoins Teck’s Highland Valley copper mine
Silverboss: Adjoins Xstrata’s Boss Mountain molybdenum mine
Fox: Close to the Boss Mountain mine and is a new tungsten-moly discovery.
Art-DL: Adjoins Skygold Ventures new Thunder Ridge gold discovery
Objective: Identify economic resources and sell them to a larger mining company
Goal: Create wealth for shareholders
Fact: A modest size & grade deposit close to a mine can create more value than a larger, higher grade deposit in a remote location.
Mines
Lower capital & operating costs = higher value for shareholders
Historical exploration was affected by:
• More difficult access
• Extensive glacial till cover
• Fragmented or cursory work
• Older technology
Current Exploration Advantages:
• Significantly better access – more exploration & lower cost
• Uncovering new mineralized rock outcrops not previously seen
• Apply newer technology, ore deposit science and interpretation.