HPY, the “Company”) announces that it is conducting an airborne geophysical survey on

its 100% owned Silver Dollar property.

The Company has also recently added several additional mineral claims and the Silver

Dollar property now totals 4,141 hectares (41.4 square kilometres) located approximately

45 kilometres southeast of Revelstoke, B.C., Canada. The property is within the historical

Camborne gold-silver mining camp and there is excellent access and infrastructure.

The Company has started a Heli-GT, three axis magnetic gradient and spectrometer

survey consisting of approximately 243 kilometres of data collection at 60 metres above

the ground surface and 100 metre line spacing. This work is being performed by Tundra

Airborne Surveys with the program managed by Scott Hogg and Associates Ltd.

Prospecting, geology and ground surveys on the property is scheduled to commence in

early September.

The Silver Dollar property covers a number of historical high-grade, past-producing goldsilver-

lead-zinc mines and developed prospects dating from around the 1890’s. In general,

the historically fragmented ownership, limited drilling and core sampling is thought to

provide a good opportunity to discover more of the positive mineralization that is known to

occur. Some of the historical results include an ore shipment containing 69.94 g/t gold,

89.1 g/t silver, 2.9% lead, 3.1% zinc, a drill hole containing 0.70 metres of 37.99 g/t gold,

90.2 g/t silver, and a 1.2 metre chip sample from a trench returned 1.58 g/t gold, 1,217.1

g/t silver, 14.4% lead and 15.1% zinc. Refer to news release dated April 2, 2012 for

additional historical sampling.

David Blann, President and Chief Executive Officer of Happy Creek states: “We have

assembled a quality mineral property in the Silver Dollar. Systematic, modern geophysical

surveys, mapping, geochemical analyses and geology will quickly give us the best

possible information to start with, and could prepare us for drilling as early as next year. “

On behalf of the Board of Directors,

____________________

David E Blann, P.Eng.

President, CEO