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IBERIAN MINERALS LTD V.IML

"Iberian Minerals Ltd is engaged in the exploration and development of mineral resource properties."


TSXV:IML - Post by User

Bullboard Posts
Post by Hercules007on Oct 20, 2011 8:51pm
353 Views
Post# 19168760

Rare Earths!

Rare Earths!Excuse me if I am out of line but I thought that some on this board might find this inetresting. It came out after market. Looks like terrific numbers. Cheers!

Happy Creek drills 12.4 metres of 0.74% W03 (tungsten trioxide) on the Fox property, B.C.
10/20/2011 2:00 PM - NW

Happy Creek drills 12.4 metres of 0.74% W03 (tungsten trioxide) on the Fox property, B.C.

(via Thenewswire.ca)

October 20, 2011 - Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V: HPY, the "Company") is very pleased to announce additional results from the first ever diamond drill program on the Ridley Creek area of its 100% owned Fox tungsten property. The Fox property is located approximately 30 kilometres east of the past producing Boss Mountain molybdenum mine and 75 kilometres northeast of 100 Mile House, in south central British Columbia, Canada. Due largely to limitation of exports from China, tungsten has maintained a price over $400 per Metric Tonne Unit or $40.0 per kg* (kilogram) of W03 (tungsten trioxide).

Ridley Creek Area Drill Results

---------------------------------------------------------|        |From  |To    |Interval|W03 |W03     |Zn  |In  ||-------------------------------------------------------||Hole #  |metres|metres|metres  |%   |kg/tonne|%   |g/t ||-------------------------------------------------------||F11-07  |14.30 |19.00 |4.70    |1.02|10.2    |0.42|2.3 ||-------------------------------------------------------||includes|14.85 |15.25 |0.40    |9.60|96.0    |3.64|19.2||-------------------------------------------------------||F11-08  |8.25  |20.65 |12.40   |0.74|7.4     |0.15|0.9 ||-------------------------------------------------------||includes|18.75 |19.40 |0.65    |8.15|81.5    |1.87|10.9|---------------------------------------------------------
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