High Ridge Resources Inc.
TSX VENTURE : HRR

High Ridge Resources Inc.

October 22, 2007 09:15 ET

High Ridge Recommences Exploration Programs on Properties in the San Mateo Area, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 22, 2007) - High Ridge Resources Inc. ("High Ridge") (TSX VENTURE:HRR) today announced that the company is in the process of mobilizing its crews and contractors to its properties in the San Mateo area, Peru.

Initially, the exploration will focus on Chanape and the Rosicler-El Domo area. The 43-101 report on the Chanape prospect will recommence and is expected to be completed in the next 4-6 weeks. The company will also continue its programs of environmental assessments, permitting, geophysics and drilling.

The 3D IP geophysical survey is planned for both the Chanape and Rosicler-El Domo properties in order to delineate the drilling targets. This is especially important for the Chanape area, where, apart from the mineralized, polymetallic veins, at least thirty gold mineralized breccia pipes were mapped and documented, with the total surface of more than 62,000 m2. (Ly at al., 1997) and estimated vertical dimensions of minimum 350 m.

The estimated potential in the Chanape veins is 2,160,000 tonnes with average grades of 7.42 grAu/t, 16.82 OzAg/t, 7.55 %Pb/t, 1.10 %Zn/t, 5.16 %Cu/t (grades from Banco Minero del Peru, 1949). The breccias have an estimated potential, based only on the 8 larger structures, of 22,349,250 tonnes with 2.5 grAu/t, 1.32 OzAg/t, 0.56 %Pb/t, 0.82 %Zn/t (grades from Banco Minero del Peru, 1949, P.H.Tumialan, 1982).

On the Rosicler-El Domo property, a large and relatively untouched contiguous group of concessions, the immediate target of the geophysical survey will be the three kilometre long, largely exposed mineralized quartz vein system named Rosicler, and associated, strongly altered and characterized by a pronounced stockwork type mineralization volcanic dome (El Domo).

The foregoing grade and tonnage information are historical estimates which were not prepared in accordance with the requirements of NI 43-101. High Ridge has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves, and High Ridge is not treating the historical estimates as current mineral resources or mineral reserves. Accordingly, readers should use caution when considering this information and should not rely upon the accuracy of such information.

About High Ridge Resources Inc.:

In addition to properties in Peru, High Ridge has three advanced exploration projects in British Columbia. These properties include the Chuchi property (Cu-Au porphyry), 30 kilometres northwest of Terrane's Mt. Milligan project; Newton Mountain (Au-Cu porphyry), 35 kilometres north of Taseko Mine's Prosperity project - formerly Fish Lake (Au-Cu porphyry); and the Silver Bay (Ag, Pb, Zn, and Cu porphyry) project, 10 kilometres south of Cominco's former Bluebell mine.

A. Szybinski, Ph.D. (Geology), the Vice President of Exploration of High Ridge, is responsible for the contents of this news release.

Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release include statements regarding future exploration programs, operation plans, geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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