Happy Creek Minerals Ltd. (TSX VENTURE:HPY) (the "Company" or "Happy Creek") is
pleased to announce that, subject to regulatory acceptance, it has reached an
agreement with Jiulian Resources Inc. ("Jiulian") pursuant to which it has
granted Jiulian an option to acquire up to a 65% interest in its Hawk Property.
The mineral claims comprising the Property total 1976.5 hectares in area and
consist of two groups of claims. The largest group of claims (comprising 1377.6
hectares) is wholly owned by the Company. The remaining claims (comprising 598.9
hectares) are subject to an underlying option agreement between the Company and
a third party.


Jiulian can earn a 55% interest in the Property by making aggregate cash
payments of $150,000 to the Company, issuing an aggregate of 700,000 shares to
the Company and incurring aggregate exploration expenditures of $700,000 on the
Property over three years. Jiulian also has the right to acquire an additional
10% interest in the Property by incurring additional exploration expenditures of
$500,000 on the Property in the fourth year.


Happy Creek is pleased to have established a partnership to continue exploration
of this quality porphyry copper-gold-silver system, and expects drill testing of
the property next year.


On behalf of the Board of Directors,

David E. Blann, P.Eng., President and CEO

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