Happy Creek identifies new targets on the Rateria property, Highland Valley B.C. Drill data from 1965 reports 60 metres of 0.40% copper at end of the hole

July 9th, 2015 / TheNewswire / Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSXV: HPY) (the "Company) is pleased to provide an update on its 100% owned Rateria copper property located in the Highland Valley area of British Columbia. The property is over 180 square kilometres in area and adjoins Teck's Highland Valley Copper mine property.

The Company has received and reviewed certain private exploration data obtained during 1965, which contains information thought to be pertinent to further exploration of the property. The data consists of rough location maps, written drill logs, assays, and cross sections for a number of relatively short diamond drill holes from several prospects, including the Sho and Corridor area that is between Zone 1 and 2. Although the work was performed by qualified geologists, results cannot be verified and as such they are considered to be historical in nature and cannot be relied upon under NI43-101.

Historical results have been converted from imperial (feet) to metric (metres) and difficult drilling is evident with holes having frequent poor core recovery. A number of drill core sections where malachite, chalcopyrite, bornite or chalcocite (copper minerals) was noted in drill logs were not sampled.

The drill holes at the Sho prospect contain positive copper values and include a drill hole returning 6.0 metres of 0.65% copper, 3.0 metres of 1.85% copper, and 18.39 metres of 0.30% copper with un-sampled sections in-between and beyond these samples. For a drill hole between Zone 1 and 2, core recovery was apparently so poor that samples of the ground-up rock material (sludge) returned from the bottom 60 metres were collected and averaged 0.40% copper. None of the samples appear to have been analyzed for gold or molybdenum, however several samples were analyzed for silver such as 0.60 m of 4.5% copper 100 g/t silver.

The historical drill data are from areas where positive and sizeable modern three dimensional induced polarization (IP) geophysical responses were obtained by the Company. They are thought to improve the opportunity for new copper deposits to occur.

In June, these and other prospective areas of the Rateria property were reviewed in the field. With the property 95% covered by glacial till, outcrops are rare, however in a recently logged area several new, small outcrop exposures occur about three kilometres south of the Company's Zone 1. These outcrops (West Sho prospect) are adjacent a strong north-south trending structure and a positive IP geophysical response approximately one km by one km in dimension that extends over 500 metres in depth. The outcrops consist of strongly fractured Skeena or Bethlehem phase rocks variably altered and veined with quartz, sericite-muscovite and kaolin and locally malachite and iron oxide staining.

David Blann, P.Eng., President of Happy Creek states: "The historical drill data from the Sho prospect indicates more widespread copper occurs than previously thought. The Sho is part of a sizable geophysical target extending over 500 metres below surface and possibly over one kilometre in length. In addition, the geology of new outcrops at the West Sho along with a substantial geophysical target is very positive. We are also encouraged with historical drilling results of 60 metres of 0.40% copper between Zone 1 and 2, which are both open in extent. The new information increases confidence in two new large-scale targets, and increases potential to expand Zone 1 and 2 further."

Summary of the 100% owned Rateria and West Valley property

Copper, molybdenum deposits of the Highland Valley district are calc-alkaline porphyry systems hosted within the Guichon Batholith. The Company has discovered two new copper zones on the Rateria property 6.5 km from a currently producing open pit. Drill results include 95.0 metres of 0.67% copper, 250.0 metres of 0.25% copper and 152.5 metres of 0.35% copper, 0.06 g/t gold and 0.57 g/t rhenium in Zone 1 and 2, respectively. Both Zone 1 and 2 are open in extent and have clear resource potential with excellent metallurgical qualities. The Company is also developing several prospective target areas on the under-explored portions of the Rateria and West Valley property.

On behalf of the Board of Directors,

"David E Blann"

____________________

David E Blann, P.Eng.

President, CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

David Blann, President, CEO

Corporate Office:

Phone: 604.662.8310
Email: Info@happycreekminerals.com

Website: www.happycreekminerals.com

Corporate Communications:

Ron Birch: Phone: 250-545-0383

Toll Free: 1-800-910-7711

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

David Blann, P.Eng. is a Qualified Person as defined by National Instrument 43-101 and is responsible for the preparation and approval of the technical information disclosed in the news release.

This press release contains "forward-looking information" within the meaning of applicable securities laws, including statements that address capital costs, recovery, grade, and timing of work or plans at the Company's mineral projects. Forward-looking information may be, but not always, identified by the use of words such as "seek", "anticipate", "plan", "planned", "continue", "expect", "thought to", "project", "predict", "potential", "targeting", "intends", "believe", "opportunity", "further" and others, or which describes a goal or action, event or result such as "may", "should", "could", "would", "might" or "will" be undertaken, occur or achieved. Statements also include those that address future mineral production, reserve potential, potential size or scale of a mineralized zone, potential expansion of mineralization, potential type(s) of mining, potential grades as well as to Happy creek's ability to fund ongoing expenditure, or assumptions about future metal or mineral prices, currency exchange rates, metallurgical recoveries and grades, favourable operating conditions, access, political stability, obtaining or renewal of existing or required mineral titles, licenses and permits, labour stability, market conditions, availability of equipment, accuracy of any mineral resources, anticipated costs and expenditures. Assumptions may be based on factors and events that are not within the control of Happy creek and there is no assurance they will prove to be correct. Such forward-looking information involves known and unknown risks, which may cause the actual results to materially differ, and/or any future results expressed or implied by such forward-looking information. Additional information on risks and uncertainties can be found within Financial Statements, Prospectus and other materials found on the Company's SEDAR profile at www.sedar.com. Although Happy creek has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Happy creek withholds any obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by law.

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