Overview

Happy Creek Minerals Ltd. (TSXV: HPY ^[1]) acquires and explores 100% owned mineral properties in British Columbia, Canada. The Company's original strategy and focus is to discover new, quality economic mineral deposits that are in proximity to existing and past producing mines and resource-based infrastructure. Happy Creek's objective is to sell these deposits, partner to develop them, or under certain conditions, carry the project to production.

Happy Creek first recognized quality in several early stage mineral properties. Through performing careful and systematic, modern and proven exploration methods the Company has located or developed new prospects of real economic interest.  On the Rateria property, the Company has discovered new copper, molybdenum, silver and rhenium zones with comparable grades to that currently being mined from Teck's adjoining Highland Valley copper mine, Canada's largest copper producer. On the Company's Silverboss property, it has outlined a new, large scale copper-molybdenum-gold target that is within 350 metres of the former Boss Mountain molybdenum mine, currently owned by Xstrata. Happy Creek has optioned one of its properties to Newmont Mining who is now a neighbor to the Silverboss property.

The Fox tungsten-molybdenum 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. It is one of the Company's prospects that have consistently delivered positive results.

Key Properties

Fox Property

Initial work on the Fox property identified encouraging geology and reconnaissance stream sediment sample results over a large area. Further work located positive to high grades of tungsten and molybdenum in boulders and outcrops in two large areas; the Nightcrawler and Ridley Creek. Trenching at the Nightcrawler zone produced encouraging results and in 2007 drilling intersected 5.0 metres of 0.33% W03 (tungsten trioxide) and 2.0 metres of 0.74% W03.

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Scheelite(tungsten) mineral under Ultra Violet Light

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Drilling in 2011 was done in two clusters approximately 200 metres apart and were shallow holes focused on the positive tungsten zones occurring in the trenches.  The first ever drilling at the Ridley Creek area has returned high grades of tungsten that confirm the trench results.

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Management

David Blann, P.Eng. - President and Director

David Blann, P.Eng. received a diploma in Mining Engineering Technology from BCIT in 1984 and a B.Sc. in Geological Engineering from Montana Tech, Butte, Montana in 1987. Mr. Blann has been engaged in precious and base metal exploration, development and production stage projects for over 28 years.

He has worked dominantly within Canada and the U.S.A., with some experience in Mexico, Chile and Africa. Much of his career within British Columbia, Canada was focused on locating new epithermal gold-silver and porphyry copper systems within the Quesnel Trough. Mr. Blann has been a director or vice president of several junior mining companies and is a founder of the Company.

Sassan Liaghat, PhD, Senior Geologist

Sassan Liaghat is a Geologist with a background in technical research related to mineral deposits at McGill, U.B.C., and the Mineral Deposits Research Unit (MDRU) at U.B.C. Mr. Liaghat has also gained valuable field experience as an exploration geologist with Amarc Resources and Nova Gold Resources in B.C. Canada. Mr. Liaghat has worked full time with the Company since early 2009 and now leads the Company's field exploration teams and manages the Company's GIS and mapping database.

Dale Hansen, CMA - Chief Financial Officer

Mr. Hansen is a Certified Management Accountant with over 20 years of experience in the oil and gas industry. During his tenure at Suncor Energy, Dale spent two years in Fort McMurray, Alberta as Financial Accounting Manager. He has a proven track record of performance in leading cross organizational change initiatives and system implementation projects.

Charles Chebry, CMA - Director

Mr. Chebry has been a Director of Happy Creek Minerals Ltd. (TSXV:HPY) since June 2008. Mr. Chebry is also involved in the following mineral exploration companies: Chairman and Director of Cedar Mountain Exploration Inc. (TSXV:CED), Chief Financial Officer of Kivalliq Energy Corp. (TSXV:KIV), Chief Financial Officer and a Director of Argonaut Exploration Inc. (TSXV:AGA).

Mr. Chebry has been a Director of CBR Gold Corp., (TSXV:CBG), since July 2002 and served as President and founder of its predecessor company Arta Enterprises Inc. from December 2000 to July 2002. Mr. Chebry was Chief Financial Officer, Vice President of Finance and a Director of Olympia Financial Group Inc. (TSXV:OLY), from March 1997 to December 2006 and remains a Director.

He served as the Vice President-Finance, Chief Financial Officer and a Director of Olympia Trust Company from April 1999 to December 2006 and remains a Director. Mr. Chebry has a Bachelor of Science from the University of Alberta and is a Certified Management Accountant.

Paul Reynolds, P.Geo - Director

Paul Reynolds is a professional geologist with over 22 years experience working in Canada, USA, Bolivia, Argentina and Guyana. He specializes in the conception and management of mineral exploration ventures. Mr. Reynolds is a member of the Association of Professional Engineers and Geoscientists of the Province of British Columbia.

Paul has extensive experience in public company management and is currently a Director of TerraX Minerals Inc., and Logan Resources Ltd. Mr. Reynolds was formerly the Chairman of Athlone Energy Ltd., which was sold to Daylight Resources Trust during 2008.