(TheNewswire)
January 9, 2023, TheNewswire - Vancouver, British Columbia – Happy CreekMinerals Ltd. (TSX-V: HPY) (“Happy Creek” or the “Company”) isvery pleased to announce that Mr. Finley Bakker, P.Geo and Mr. KentPearson, P.Geo have been appointed as Strategic Advisors andconsultants to the Company effective immediately.
Mr. Peter Hughes, President and Chief Executive Officersaid “On behalf of Happy Creek, I would like to welcome Mr. Bakkerand Mr. Pearson to the team to assist with the development of theCompany’s world class Fox tungsten project and the Highland Valleycopper-molybdenum-gold-silver project.
Mr. Bakker is a seasoned Professional Geoscientist withover 40 years of experience leading geological and engineering teamsin the mining industry with expertise in both underground and open pitoperations. Mr. Bakker has a proven record of resource and reserveestimation and expansion and has worked for Hawthorne Gold Corp.,Adanac Molybdenum Corporation, North American Tungsten, WestminResources and Noranda Mines Geco. Mr. Bakker also worked asSuperintendent of Technical Services he was responsible for mininggeology, exploration geology, engineering and resources and reservesestimation at the Cantung tungsten mine. This is of particular valueto Happy Creek’s shareholders through the planned development of theCompany’s Fox tungsten project.
Mr. Pearson is a ProfessionalGeoscientist and senior executive with more than30 years’ experience in the mining and capital markets sector withglobal experience throughout the Americas, Australia and Africa. Mr.Pearson’s mining experience spans from grassroots explorationthrough to mine production (open pit and underground) with NorandaExploration Ltd., Bethlehem Resources Corp, Hemlo Gold Mines Inc,Murchison Minerals Ltd. Mr. Pearson has held executive roles in miningand energy investment banking and as President and CEO in the juniormining sector. He has been involved in over $2.0 billion intransactions during this time. Mr. Pearson holds a bachelor’sdegree in Geology from the University of Alberta and an MBA fromQueen's University.
Mr. Walter Segsworth, Chairman stated “The Board ofDirectors of the Company welcome Messrs. Bakker and Pearson andbelieve that their backgrounds will augment the existing strengths ofthe Board and will be of great benefit to the Company and theshareholders going forward.”
In addition, the Company has issued 500,000 options to certain officers, directors and other eligiblepersons of the Company. The options are exercisable over a period offive years at a price of $0.05 per share.
About Happy Creek MineralsLtd.
Happy Creek is focused on making new discoveries andbuilding resources in proximity to infrastructure on the Company’s100%-owned portfolio of diversified metals projects in BritishColumbia. The Company’s Management, Board of Directors and TechnicalAdvisors have solid expertise and depth in the mineral resource sectorand capital markets.
More information on the Company’s projects can befound on the website at www.happycreekminerals.com .
Indigenous Communities
Happy Creek Minerals is committed to responsible mineral resourcedevelopment. The Company’s priority is to build and sustainmutually beneficial relationships with Indigenous Communities in theterritories in which we explore.
The Company operates with the principles and guidelinesset out for COVID-19 that are established by provincial health andsafety authorities to protect workers and the communities in which theCompany operates.
On behalf of the Board of Directors,
“Peter Hughes”
President and Chief Executive Officer
FORFURTHER INFORMATION, PLEASE CONTACT:
Peter Hughes, ChiefExecutive Officer
Office Phone: (604) 802-7372
Email: petehughes@me.com
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.
This press release contains "forward-looking information"within the meaning of applicable securities laws, including statementsthat address capital costs, recovery, grade, and timing of work orplans at the Company’s mineral projects. Forward-looking informationmay be, but not always, identified by the use of words such as"seek", "anticipate", “foresee”,"plan", "planned", "continue","expect", “thought to”, "project","predict", "potential", "targeting","intends", "believe", “opportunity”,“further” and others, or which describes a goal or action, eventor result such as "may", "should","could", "would", "might" or"will" be undertaken, occur or achieved. Statements alsoinclude those that address future mineral production, reservepotential, potential size or scale of a mineralized zone, potentialexpansion of mineralization, potential type(s) of mining, potentialgrades as well as to Happy Creek’s ability to fund ongoingexpenditure, 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, licensesand permits, labour stability, market conditions, availability ofequipment, accuracy of any mineral resources, anticipated costs andexpenditures. Assumptions may be based on factors and events that arenot within the control of Happy Creek and there is no assurance theywill prove to be correct. Such forward-looking information involvesknown and unknown risks, which may cause the actual results tomaterially differ, and/or any future results expressed or implied bysuch forward-looking information. Additional information on risks anduncertainties can be found within Financial Statements, Prospectus andother materials found on the Company’s SEDAR profile at www.sedar.com . Although Happy Creek has attemptedto identify important factors that could cause actual actions, eventsor results to differ materially from those described inforward-looking information, there can be no assurance that suchinformation will prove to be accurate as actual results and futureevents could differ materially from those anticipated in suchstatements. Happy Creek withholds any obligation to update or reviseany forward-looking information, whether as a result of newinformation, future events or otherwise, unless required by law.
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