Diversified mineral explorer Happy Creek Minerals has obtained a permit for its Silverboss Project in British Columbia, Canada.
The five-year permit allows the company to undertake exploration work at the Silverboss property, which covers an area of 110km² in the South Cariboo region.
Go deeper with GlobalData
This project surrounds the Glencore Canada-owned, past-producing, high-grade, open-pit and underground Boss Mountain molybdenum mine.
The Silverboss property is poised for exploration for gold-silver, molybdenum and copper-gold-silver deposits.
Previous Induced Polarization surveys conducted by Happy Creek have revealed promising chargeability zones, suggesting potential mineralisation at depth.
The newly acquired MYAB Permit allows for up to 30 drill pads, trenching, access trails and related work.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataHappy Creek president and CEO Jason Bahnsen said: “Our exploration programme for 2024 is commencing at Silverboss with fieldwork to commence in June. The 2024 exploration programme at Silverboss follows up on the large IP [induced polarisation] anomaly identified in 2012 around the historic Silverboss shaft and adit area.
“The company is also currently reviewing exploration plans for its other projects, including the Hel-Art-DL gold, Fox tungsten and Highland Valley copper projects.”
Happy Creek has planned an initial exploratory programme including trenching and drilling of 1,500m across 10–12 holes, subject to sufficient funding.
The company intends to commence surface trenching and sampling in June, with drilling to follow.
In 2012, Happy Creek’s survey indicated a significant area of interest, measuring around 750m by 400m, at a depth of 200m below the surface.
This area, with high chargeability readings, connects several known mineralised zones and remains open for further exploration.
Last year, Happy Creek received an amended exploration permit for its Fox tungsten project in British Columbia.
The permit enables the company to conduct drilling, trenching and trail construction at the Fox project through late 2027.
