Happy Creek Announces the Start of Drilling at the Fox Tungsten Project

(TheNewswire)

September 11, 2025 – TheNewswire - Vancouver, BritishColumbia – Happy Creek Minerals Ltd. (TSX-V: HPY) (“Happy Creek”or the “Company”) is pleased to announce the start of drilling atthe Fox Tungsten Project in the South Cariboo district of BritishColumbia (the “Fox Project” or the “Project”).

Highlights

• Drilling has begun on the 10,000 metre resourceexpansion drill program at the Fox Tungsten Project.

• The Fox tungsten deposit is one of the highest gradetungsten deposits globally with the potential to be a significantsource of tungsten for North American critical metals market.

• In 2018, Happy Creek announced a National Instrument43-101 resource estimate for the Fox Project of 582,400 tonnes at agrade of 0.83% WO (tungsten trioxide) IndicatedCategory and 565,400 tonnes grading 1.23% WO inan Inferred Category (See Happy Creek announcement, February 27, 2018,for full details).

• Happy Creek is planning to complete an approximate 100hole, 10,000 metre diamond drilling program at the Fox Project overtwo drill seasons focused on expanding the existing high-gradetungsten resource defined in 2018.

Happy Creek, President and CEO Jason Bahnsen commented“ It’s great to seedrilling underway at the Fox Project. We are initially focusing onstep out drilling on the western side of the current resource area inthe RC zone and in the undrilled area between the RC and BN zones. Weintend to get as much drilling completed this season as possible andwill be reporting assay results as they become available. “

The 2025/2026 Drill Program

The 2025/2026 diamond drill program will focus onincreasing the current NI43-101 resource estimate for the Project bydrilling new target areas identified through geological mapping,prospecting and previous drilling.

Up to 100 diamond drill holes are planned acrossmultiple target zones for approximately 10,000 metres of totaldrilling in the resource expansion program.

Qualified Person Statement

The technical and scientific contents of this release have beenprepared, verified and approved by David Blann, P.Eng., a director ofthe Company, and a qualified person pursuant to National Instrument43-101, Standards of Disclosure for Mineral Projects.

On behalf of the Board of Directors,

“Jason Bahnsen”

President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASECONTACT:

Jason Bahnsen

Telephone: 604-590-1525

Email: info@happycreekminerals.com

About Happy Creek MineralsLtd.

Happy Creek is focused on making new discoveries and buildingresources in proximity to infrastructure on the Company’s100-percent-owned portfolio of diversified metals projects in BritishColumbia.

Projects include the high-grade Fox Tungsten deposit, the Silverbossmolybdenum-copper-gold-silver project adjacent to Glencore’s closedBoss Mountain molybdenum mine and the adjacent Hen-Art-DL gold andsilver project.

On November 7, 2024, Happy Creek announced the closing of the sale ofthe Highland Valley Copper Project to Metal Energy Corp. (TSX:V MERG)(“Metal Energy”). Happy Creek holds 9.9% of Metal Energy issuedcapital and up to a 2.5% Net Smelter Return royalty on the HighlandValley mineral claims.

Happy Creek is committed to responsible mineral resource development. The Company’s priority is to build and sustain mutually beneficialrelationships with Indigenous Communities in the territories in whichthe Company explores.

Additional information relating to Happy Creek Minerals Ltd. may beobtained or viewed on the SEDAR+ website at www.sedarplus.ca or on the Company’s website at www.happycreekminerals.com .

Forward Looking Statement

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

This press release contains "forward-lookinginformation" within the meaning of applicable securities laws,including statements that address capital costs, recovery, grade, andtiming of work or plans at the Company’s mineral projects.Forward-looking information may be, but not always, identified by theuse 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 goalor action, event or result such as "may","should", "could", "would","might" or "will" be undertaken, occur orachieved. Statements also include those that address future mineralproduction, reserve potential, potential size or scale of amineralized zone, potential expansion of mineralization, potentialtype(s) of mining, potential grades as well as to Happy Creek’sability to fund ongoing expenditure, or assumptions about future metalor mineral prices, currency exchange rates, metallurgical recoveriesand grades, favourable operating conditions, access, politicalstability, obtaining or renewal of existing or required mineraltitles, licenses and permits, labour stability, market conditions,availability of equipment, accuracy of any mineral resources,anticipated costs and expenditures. Assumptions may be based onfactors and events that are not within the control of Happy Creek andthere is no assurance they will prove to be correct. Suchforward-looking information involves known and unknown risks, whichmay cause the actual results to materially differ, and/or any futureresults expressed or implied by such forward-looking information.Additional information on risks and uncertainties can be found withinFinancial Statements, Prospectus and other materials found on theCompany’s SEDAR profile at www.sedarplus.ca . Although Happy Creek has attempted to identify importantfactors that could cause actual actions, events or results to differmaterially from those described in forward-looking information, therecan be no assurance that such information will prove to be accurate asactual results and future events could differ materially from thoseanticipated in such statements. Happy Creek withholds any obligation to update or revise any forward-lookinginformation, whether as a result of new information, future events orotherwise, unless required by law.

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