Happy Creek Provides Additional Results From Its Silverboss Property, B.C.

Happy Creek Minerals Ltd. (TSX VENTURE:HPY) (the "Company") is pleased to
announce additional exploration results from its Silverboss property, located
northeast of 100 Mile House, in south-central British Columbia, Canada. Happy
Creek has a 100% interest in over 100 square kilometres of mineral claims around
the former Boss Mountain molybdenum mine that is currently owned by Xstrata Plc.
Boss Mountain was a combined open pit and underground operation with an average
recovered grade of approximately 0.20% molybdenum. It closed in 1983 when
molybdenum prices were around $3.00/lb, and historical exploration beyond the
known deposits was limited.


In 2005 a high quality airborne geophysical survey identified a prospective area
approximately 9.5 by 2.5 kilometres in dimension that includes the known
molybdenum deposits and their potential extensions onto the Silverboss property.
Adjacent the north and west side of the Boss Mountain mine property, exploration
by the Company between 2006 and 2007 outlined a zone approximately three
kilometres by 500 metres in dimension that contains positive values of
molybdenum, copper and tungsten in soil and rock samples. Outcropping rock
samples contain trace up to 0.637% molybdenum within this geochemical anomaly
and together are thought to reflect potential for a much larger mineralized
system than previously known.


Results

During 2008 the Company expanded to the north, west and south, previous soil
geochemical surveys with lines 200 metres apart and samples collected every 50
metres. A total of 598 soil, 43 stream sediment and 20 rock samples were
analyzed.


Results from the 2008 soil and rock geochemical surveys returned positive values
of molybdenum, tungsten, copper, gold and silver within and beyond previous
surveys.


Positive molybdenum soil anomalies are greater than 90th percentile, or 15 ppm
(parts per million) to 349 ppm molybdenum. New anomalies located one kilometre
west and adjacent the south side of the mine property are approximately 200 by
400 metres and 600 by 150 metres in dimension, respectively. These anomalies are
associated with positive tungsten, bismuth and locally copper, gold and silver
values and remain open in extent.


Gold and silver values from soil and rock sampling in 2008 confirm and expand
previously identified potential for a large scale gold-silver system that
comprises the upper Horse Trail, Dogtooth, East Breccia and Silverboss
prospects, an area that is overall approximately 1.65 by 1.2 kilometres in
dimension. Near the East Breccia sampling in 2008 returned up to 1.69 g/t (grams
per tonne) gold and 4.0 g/t silver in soil, and 0.72 g/t gold, 7.9 g/t silver in
narrow quartz veins. The soil and rock samples contain up to 9.1 and 90.3 ppm
bismuth, respectively, and other quartz veins nearby have previously returned up
to 1.7 g/t gold. The Dogtooth zone is located approximately 750 metres to the
southwest where similar quartz veins contain 0.02 to 5.82 g/t gold and locally
up to 53.0 g/t gold and 343.0 g/t silver. The historical Silverboss zone is
approximately 350 metres in length and previous sampling has returned 0.25
metres grading 9.41 g/t gold, 514.8 g/t silver.


Soil and rock sampling in 2008 on the South Ridge prospect returned up to 0.10
g/t gold, 3.7 g/t silver in soil and 0.20 g/t gold, 4.8 g/t silver in narrow
quartz veins, respectively. Other quartz veins in this area have previously
returned 7.26 g/t gold, 140.0 g/t silver and 10.0 g/t gold with greater than 100
g/t silver. These veins also contain variable concentrations of bismuth, copper,
tungsten and molybdenum and the geology appears similar to the upper Horse Trail
and East Breccia gold-silver zones described above.


A new and positive copper anomaly was obtained in soil samples located north of
10 Mile Creek. Values of greater than 90th percentile (112.2 to 404 ppm copper)
are considered positive and scattered values up to 0.26 g/t gold and 1.3 g/t
silver occur in soil. This area of interest is approximately 1.2 kilometres by
600 metres in dimension and remains open in extent to the north. Approximately
two kilometres further north of this area, a small soil geochemical survey
performed in 1970 returned positive values up to 420 ppm copper and 3.0 ppm
silver (gold was not assayed for) and rocks containing pyrite and chalcopyrite
(copper sulphide) occur. Together, the positive copper values in soil occur over
a 2.0 kilometre distance and remain undefined and open in extent.


"Happy Creek is the first to assemble a large land position around the former
Boss Mountain molybdenum mine, and is the first to explore with systematic soil
and rock geochemical surveys that include routine gold and multi-element
analyses. This process was successful in identifying new tungsten-molybdenum
targets that are adjacent to the mined deposits, and a large scale gold and
silver system having geology that could be comparable to some of the bulk
tonnage gold deposits in the Yukon and Alaska," states David Blann, President.
"And with respect to the size and positive nature of the copper in soil
anomalies, reports of copper mineralization, and the recent
copper-molybdenum-gold discoveries at Fjordland Exploration's Woodjam prospects
to the northwest, I'm pleasantly surprised with our new large scale copper
target that is emerging."


The Company plans to expand and fill-in the successful geochemical surveys to
the north and south of the mine and advance the existing molybdenum, copper and
gold targets towards the drilling stage.


On behalf of the Board of Directors,

David E Blann, P.Eng., President

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. Acme Analytical Laboratories of
Vancouver, B.C. provides gold and silver analyses in rock and soil samples by
fire assay g(/t) and ICP-MS, respectively. ICP-MS results for gold and silver
are provided in ppb (parts per billion) and ppm (parts per million),
respectively. One ppm or 1,000 ppb equals 1.0 g/t.