Happy Creek CEO on tungsten as a critical metal
March 22, 2018 – “We have actually been involved in this tungsten project for over 20 years, long before it became a fashionable new thing. Really tungsten is a special metal. There is not any production of any consequence done in North America. 99% of the tungsten is imported into North America.” states David Blann, CEO, President and Director of Happy Creek Minerals Ltd. (TSXV: HPY), in an interview with InvestorIntel’s Jeff Wareham.
Jeff Wareham: David is the CEO of Happy Creek. He is also quite an expert on the metals market. When we were talking last David you told me that your intention was to focus on your tungsten asset this year. Does that say something about what you see with tungsten in the market?
David Blann: Absolutely. We have actually been involved in this tungsten project for over 20 years, long before it became a fashionable new thing. Really tungsten is a special metal. There is not any production of any consequence done in North America. 99% of the tungsten is imported into North America.
Jeff Wareham: From where?
David Blann: China, Bolivia, places like DRC. It really brings up the definition of critical metal.
Jeff Wareham: Why do we need it?
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David Blann: Tungsten is a real important metal. It is in all the tools that are used to make things. You not only find it in products like your vibration in your cell phones, the tips of your ballpoint pens, medical tools, hard steels, but it is mostly used in making tools, the drill bits, the cutting teeth, the blades. Things like that, that are used to manufacture just about everything we have around us. North America is not producing anything of consequence in the world of tungsten. Happy Creek hopes to change that.
Jeff Wareham: I was going to say you guys must be pretty excited about the grades you released in your most recent drill.
David Blann: That is true. The resource estimate is top tier in the western world. The metallurgical aspects are awesome. We have a near-surface open-pit component that looks for potentially a rapid cost payback on a mill production scenario for building a mill…to access the complete interview, click here
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