EagleRidge Minerals Ltd.

EagleRidge Minerals Ltd.

July 15, 2009 13:13 ET

EagleRidge Minerals Increases Ground Position in Newfoundland and Labrador

PINAWA, MANITOBA--(Marketwire - July 15, 2009) - EagleRidge Minerals Ltd. (ERM) is excited to announce today that is has made some sufficient additions to its mineral claim portfolio in Newfoundland and Labrador. ERM has staked new ground in the Baie Verte area for gold and the Goose Cove area for copper.

ERM has added an additional 13 claims in the Micmac lake region on the Baie Verte Peninsula, approximately 40 kilometres to the south of the community of Baie Verte,, Newfoundland. These claims were staked to cover several known gold showing that were discovered and worked on by Noranda in the late 1980's. The historical gold showings are known as the Crow Hill South and Raven zones. Both showings are spatially associated with the Crow Hill topographic linear. Historical exploration work in the area consisted of sampling, geophysics, trenching and limited diamond drilling.

Mineralization is structurally controlled and hosted in quartz veins with intense alteration of the host rock. Channel samples over the Raven zone returned historic surface channel sample values of 1.88 g/t Au over 4 metres and 2.19 g/t Au over 1 metre from diamond drilling. The Crow Hill South Zone yielded historic assays of 1.03 g/t Au over 12 metres from surface channel sampling and 1.87 g/t Au over 11 metres from diamond drilling. Mineralized float in the area returned historic assay values up to 16 g/t Au.

In addition, ERM is pleased to announce that it has added to their mineral claim ground position in the Goose cove area of Newfoundland and Labrador. This area is located approximately 10 kilometres south of the community of St. Anthony's, Newfoundland. The claims cover the historical past producing Goose Cove Copper Mine. The Gosse Cove Mine opened in 1908 and operated for several years. Production records are poorly available but the grade of the copper ore averaged 8-10% copper with approximately 4% copper in the adjacent schist host rock.

Phase 1 of the exploration plan for the Gosse cove area will start in the late summer of 2009. This work will consist of reconnaissance mapping and prospecting. Phase 1 of the new gold claims on the Baie Verte Peninsula will also consist of reconnaissance mapping and prospecting. This work will be carried out in the fall of 2009.

Carey Galeschuk, P.Geo, ERM President and COO, is the qualified person for these projects.

About EagleRidge Minerals Ltd.

ERM is presently a privately traded company with. The company is focused on gold and base metal mineral exploration in the provinces of Manitoba and Newfoundland and Labrador. The company operates exploration office in both Manitoba and Newfoundland and Labrador.

The company has made high grade copper discoveries on its St. Juliens property in Newfoundland and recently acquired new properties near the high grade hinge zone gold discovery made by San Gold Corporation at Rice Lake, Manitoba.

ERM has obtained over 18,000 hectares of property in the Rice Lake greenstone belt of Manitoba and has over 30,000 hectares of mineral properties in Newfoundland. The company is actively exploring gold and base metal targets in both provinces.

Caution Concerning Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable US and Canadian securities laws. Assumptions that have been made still require to be proven from field investigations. Management believes there is strong potential with regard to economic mineralization being found on their mineral exploration properties however this can only be proven through progressive field exploration and geological investigations. The statements in this release contain information that has known and unknown risks, uncertainties and other factors that may cause actual results to be different from those presented in this release. All investments carry a certain level of risk that cannot be considered to be under the control of EagleRidge Minerals Ltd.

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