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After Market Alert: HPY.V - Drill Core Assays 38.2m of 2.14g/t Rhenium adjoinin
g Tecks Highland Valley Property



<html dir="ltr"> <head> <title></title> <link class="skype_name_highlight_style" href="chrome://skype_ff_toolbar_win/content/injection_nh_graph.css" type="text/css" rel="stylesheet" charset="utf-8" id="_injection_graph_nh_css" /> <link href="chrome://skype_ff_toolbar_win/content/skypeplugin_dropdownmenu.css" type="text/css" rel="stylesheet" charset="utf-8" id="_skypeplugin_dropdownmenu_css" /> </head> <body> <div align="center" style="font-family: Arial,Helvetica,sans-serif; font-size: 11px; color: rgb(85, 85, 85); text-align: center;">If you have trouble seeing this e-mail, please click here:<br /> <a href=" /> <br /> Add <a href="mailto:"><strong></strong></a> to your address book or safe list to ensure delivery of email blasts (<a href=" for instructions</strong></a>) <br />  </div> <table cellspacing="0" cellpadding="8" bordercolor="#000000" border="1" align="center" width="768"> <tbody> <tr> <td width="748"> <table cellspacing="0" cellpadding="5" border="0" width="749"> <tbody> <tr> <td><a href=" height="299" border="0" width="853" alt="" src=" /></a></td> </tr> <tr> <td> <div align="center" style="font-family: Arial,Helvetica,sans-serif; font-size: 16px; color: rgb(0, 0, 0); font-weight: bold;"><strong> <font style="font-size: 16pt;">After Market Alert: HPY.V - Drill Core Assays 38.2m of 2.14g/t Rhenium adjoining Teck's Highland Valley Property </font></strong></div> </td> </tr> <tr> <td> <div style="font-family: Arial,Helvetica,sans-serif; font-size: 12px; text-align: justify;"> <div style="font-size: 14px;"><strong>�  Rateria property is adjacent to Teck's Highland Valley Copper Property.<br /> �  New Rhenium results significantly increase Copper Equivalent grades at Rateria property, BC.<br /> �  Rhenium also occurs at Teck's Highmont deposits.<br /> �  Low share structure 27 million shares outstanding</strong></div> <p><strong>February 19, 2010 - Vancouver, British Columbia</strong> - <strong>Happy Creek Minerals Ltd.</strong> (<a href=" HPY</a>, or the "Company") is pleased to announce that further to the news release dated February 2, 2010, final (1) rhenium assay results have been received for another portion of its drill holes from the Rateria property.</p> <p>With additional results received from R09-06 in Zone 2, one interval returned 38.2 metres of 2.14 g/t (grams per tonne) rhenium, including a high grade interval of 1.5 metres grading 19.37 g/t rhenium, 0.27% copper and 0.239% molybdenum. R08-01 returned 12.0 metres grading 2.85 g/t rhenium, 1.38% copper, 0.010% molybdenum and 7.1 g/t silver. .</p> <p>Rhenium (Re) is a metal primarily used in making high temperature super-alloys and catalysts. Rhenium prices are currently around (2) US$6,250.00 per kilogram ($6.25 per gram), and have recently ranged up to US$12,000.00 per kilogram over the past few years.</p> <p>David Blann, President of Happy Creek Minerals Ltd. states "We are encouraged by the significant rhenium results received to date. Rhenium also occurs at Teck's Highmont deposits. Not only does rhenium increase the potential value of what we have, it also strengthens the Highmont deposit analogy that is currently in production 6.5 kilometres to the northwest. We look forward to further exploration of Zone 1 and 2, and several untested and prospective, large scale targets that may also be similar to Highmont."</p> <p align="CENTER">Drill Results with a focus on Rhenium values</p> <center> <table cellspacing="0" cellpadding="3" bordercolor="#000000" border="1" width="548" style="font-size: 12px; font-family: Arial,Helvetica,sans-serif; border-collapse: collapse;"> <tbody> <tr valign="BOTTOM"> <td height="5" width="64"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER">From</p> </td> <td width="55"> <p align="CENTER">To</p> </td> <td width="55"> <p align="CENTER">Interval</p> </td> <td width="59"> <p align="CENTER">Rhenium</p> </td> <td width="49"> <p align="CENTER">Copper</p> </td> <td width="61"> <p align="CENTER">Moly</p> </td> <td width="37"> <p align="CENTER">Silver</p> </td> </tr> <tr valign="BOTTOM"> <td height="3" width="64"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER">(metres)</p> </td> <td width="55"> <p align="CENTER">(metres)</p> </td> <td width="55"> <p align="CENTER">(metres)</p> </td> <td width="59"> <p align="CENTER">(g/t)</p> </td> <td width="49"> <p align="CENTER">%</p> </td> <td width="61"> <p align="CENTER">(Mo) %</p> </td> <td width="37"> <p align="CENTER">(g/t)</p> </td> </tr> <tr valign="BOTTOM"> <td height="8" width="64"> <p align="CENTER">R08-01</p> </td> <td width="55"> <p align="CENTER">169.8</p> </td> <td width="55"> <p align="CENTER">273.0</p> </td> <td width="55"> <p align="CENTER">103.3</p> </td> <td width="59"> <p align="CENTER">0.46</p> </td> <td width="49"> <p align="CENTER">0.34</p> </td> <td width="61"> <p align="CENTER">0.002</p> </td> <td width="37"> <p align="CENTER"> </p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER">including</p> </td> <td width="55"> <p align="CENTER">219.5</p> </td> <td width="55"> <p align="CENTER">231.5</p> </td> <td width="55"> <p align="CENTER">12.0</p> </td> <td width="59"> <p align="CENTER">2.85</p> </td> <td width="49"> <p align="CENTER">1.38</p> </td> <td width="61"> <p align="CENTER">0.010</p> </td> <td width="37"> <p align="CENTER">7.1</p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER">and</p> </td> <td width="55"> <p align="CENTER">246.0</p> </td> <td width="55"> <p align="CENTER">249.0</p> </td> <td width="55"> <p align="CENTER">3.0</p> </td> <td width="59"> <p align="CENTER">3.21</p> </td> <td width="49"> <p align="CENTER">0.25</p> </td> <td width="61"> <p align="CENTER">0.018</p> </td> <td width="37"> <p align="CENTER"> </p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER"> </p> </td> <td width="59"> <p align="CENTER"> </p> </td> <td width="49"> <p align="CENTER"> </p> </td> <td width="61"> <p align="CENTER"> </p> </td> <td width="37"> <p align="CENTER"> </p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER">R09-01</p> </td> <td width="55"> <p align="CENTER">111.8</p> </td> <td width="55"> <p align="CENTER">114.8</p> </td> <td width="55"> <p align="CENTER">3.0</p> </td> <td width="59"> <p align="CENTER">0.47</p> </td> <td width="49"> <p align="CENTER">1.29</p> </td> <td width="61"> <p align="CENTER">0.013</p> </td> <td width="37"> <p align="CENTER">8.0</p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER"> </p> </td> <td width="59"> <p align="CENTER"> </p> </td> <td width="49"> <p align="CENTER"> </p> </td> <td width="61"> <p align="CENTER"> </p> </td> <td width="37"> <p align="CENTER"> </p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER">R09-06</p> </td> <td width="55"> <p align="CENTER">75.3</p> </td> <td width="55"> <p align="CENTER">185.7</p> </td> <td width="55"> <p align="CENTER">110.4</p> </td> <td width="59"> <p align="CENTER">0.77</p> </td> <td width="49"> <p align="CENTER">0.10</p> </td> <td width="61"> <p align="CENTER">0.010</p> </td> <td width="37"> <p align="CENTER"> </p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER">including</p> </td> <td width="55"> <p align="CENTER">147.5</p> </td> <td width="55"> <p align="CENTER">185.7</p> </td> <td width="55"> <p align="CENTER">38.2</p> </td> <td width="59"> <p align="CENTER">2.14</p> </td> <td width="49"> <p align="CENTER">0.11</p> </td> <td width="61"> <p align="CENTER">0.029</p> </td> <td width="37"> <p align="CENTER"> </p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER">including</p> </td> <td width="55"> <p align="CENTER">164.7</p> </td> <td width="55"> <p align="CENTER">166.2</p> </td> <td width="55"> <p align="CENTER">1.5</p> </td> <td width="59"> <p align="CENTER">19.37</p> </td> <td width="49"> <p align="CENTER">0.27</p> </td> <td width="61"> <p align="CENTER">0.239</p> </td> <td width="37"> <p align="CENTER"> </p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER"> </p> </td> <td width="59"> <p align="CENTER"> </p> </td> <td width="49"> <p align="CENTER"> </p> </td> <td width="61"> <p align="CENTER"> </p> </td> <td width="37"> <p align="CENTER"> </p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER">R09-07</p> </td> <td width="55"> <p align="CENTER">99.0</p> </td> <td width="55"> <p align="CENTER">147.0</p> </td> <td width="55"> <p align="CENTER">48.0</p> </td> <td width="59"> <p align="CENTER">0.26</p> </td> <td width="49"> <p align="CENTER">0.30</p> </td> <td width="61"> <p align="CENTER">0.002</p> </td> <td width="37"> <p align="CENTER"> </p> </td> </tr> <tr valign="BOTTOM"> <td height="6" width="64"> <p align="CENTER">including</p> </td> <td width="55"> <p align="CENTER">131.5</p> </td> <td width="55"> <p align="CENTER">137.5</p> </td> <td width="55"> <p align="CENTER">6.0</p> </td> <td width="59"> <p align="CENTER">0.96</p> </td> <td width="49"> <p align="CENTER">0.78</p> </td> <td width="61"> <p align="CENTER">0.009</p> </td> <td width="37"> <p align="CENTER">3.5</p> </td> </tr> <tr valign="BOTTOM"> <td height="5" width="64"> <p align="CENTER"> </p> </td> <td width="55"> <p align="CENTER">189.5</p> </td> <td width="55"> <p align="CENTER">191.8</p> </td> <td width="55"> <p align="CENTER">2.3</p> </td> <td width="59"> <p align="CENTER">2.26</p> </td> <td width="49"> <p align="CENTER">0.28</p> </td> <td width="61"> <p align="CENTER">0.018</p> </td> <td width="37"> <p align="CENTER"> </p> </td> </tr> </tbody> </table> </center> <p>The Company has re-analyzed four drill holes from Zone 2 to determine the nature, distribution and concentration of rhenium. Rhenium results are pending re-sampling of core for R08-05 in Zone 2 that returned 177 metres grading 0.37% copper, including 27.0 metres grading 1.05% copper, 0.019% molybdenum, 5.0 g/t silver and 0.24 g/t gold, and core from Zone 1 that includes 100.0 metres grading 0.285% copper, 37.0 metres grading 0.579% copper and 189.3 metres grading 0.22% copper.</p> <p>Happy Creek's 100 percent owned Highland Valley project is comprised of the West Valley and Rateria property totaling over 140 square kilometres in area. These properties adjoin the west and east side, respectively, of Teck Resources Ltd.'s Highland Valley Copper mine property, Canada's largest copper producer. The Highland Valley Copper mine is currently mining material averaging approximately 0.32% copper. On the Rateria property, the Company has discovered by drilling two new zones containing potentially economic copper grades that remain undefined and open in extent, and identified several quality exploration targets that remain untested by drilling.</p> <p>Exploration on the Rateria property during 2010 is planned to include drilling to define Zone 1 and 2 and, in light of the current results, test several other new and large scale targets.</p> <p>On behalf of the Board of Directors,</p> <p><em>"David E Blann"</em><br /> ____________________ <br /> David E Blann, P.Eng.<br /> President</p> <p><em>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. </em>1 <em>Rhenium analyses were performed by Acme Analytical laboratories of Vancouver, B.C. using a geochemical method comprised of aqua regia digestion and ICP-MS with results provided in parts per billion (ppb) and 1,000 ppb equals one gram per tonne (g/t). Aqua regia digestion may be partial for rhenium and samples returning greater than 1,000 ppb will be subject to a method for total determination.</em><br /> 2 <em> </em></p> <p><strong>FOR FURTHER INFORMATION PLEASE CONTACT: <br /> </strong><br /> <strong>Corporate Office:</strong> <br /> Phone: 604.662.8310 <br /> Email: <a href="mailto:"></a> <br /> Website: <a href=" <br /> <br /> <strong>Investor Relations:</strong><br /> <strong>James Berard and Aaron Konkin<br /> Phone: 604-687-2767<br /> Toll free: 1-877-459-5507</strong><br /> <br /> <em>Neither 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 News Release may contain statements that are forward looking and subject to risk and uncertainty more fully described in the Company's Prospectus, Financial Statements and Public Filings located on SEDAR.</em></p> </div> </td> </tr> <tr> <td bgcolor="#990000" width="100%"> <p align="center"><font size="4" face="Arial"> <a href=" <font color="#ffffff">Click Here for a Free Real-time Stock Quote on TSX-V: HPY</font></a></font></p> </td> </tr> </tbody> </table> </td> </tr> </tbody> </table> <p> </p> <table cellspacing="0" cellpadding="0" bordercolor="#111111" border="0" align="center" width="760" style="border-collapse: collapse;"> <tbody> <tr> <td> <p align="center"><br /> <font size="-2" face="Arial, Helvetica, sans-serif"><span style="color: rgb(12, 0, 0);">Disclaimer: Vantage Communications Ltd. was paid to distribute this bulletin.</span><br style="color: rgb(12, 0, 0);" /> <span style="color: rgb(12, 0, 0);"> Vantage Communications may or may not own securities in this particular company.</span><br style="color: rgb(12, 0, 0);" /> <span style="color: rgb(12, 0, 0);"> THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!</span><br style="color: rgb(12, 0, 0);" /> <span style="color: rgb(12, 0, 0);"> You are on this mailing list because you registered for VantageWire News.</span><br style="color: rgb(12, 0, 0);" /> <span style="color: rgb(12, 0, 0);"> Past performance of Companies mentioned does not guarantee future performance.</span><br style="color: rgb(12, 0, 0);" /> <br style="color: rgb(12, 0, 0);" /> <span style="color: rgb(12, 0, 0);">If you would like to opt out <a href=" here</a>.<br /> </span> <br style="color: rgb(12, 0, 0);" /> <br style="color: rgb(12, 0, 0);" /> <span style="color: rgb(12, 0, 0);"> For more information about this service, please contact</span><br style="color: rgb(12, 0, 0);" /> <span style="color: rgb(12, 0, 0);"> Vantage Communications Ltd. at 1.800.574.0901</span><br style="color: rgb(12, 0, 0);" /> <span style="color: rgb(12, 0, 0);">Suite 550 - 666 Burrard St, Vancouver, British Columbia V6C 3P6 </span><br style="color: rgb(12, 0, 0);" /> <br style="color: rgb(12, 0, 0);" /> <span style="color: rgb(12, 0, 0);"> This email complies with the US Federal CAN-SPAM Act of 2003</span><br /> <br />  </font></p> </td> </tr> </tbody> </table> <IMG ALT="" SRC=" WIDTH=1 HEIGHT=1></body> </html>



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