High Ridge Resources Inc.

High Ridge Resources Inc.

March 25, 2008 14:47 ET

High Ridge Announces Completion of 3D Induced Polarization Survey On the Chanape Property, San Mateo Area, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 25, 2008) - High Ridge Resources Inc. ("High Ridge") (TSX VENTURE:HRR) today announced completion of a 3D induced polarization (IP) survey on its Chanape concessions near San Mateo, 100 kilometres east of Lima, Peru. The survey was performed by "Arce Geofisicos", a Peruvian company.

The combined results of the 3D IP survey and the previously concluded magnetic survey (news release, February 06, 2008) with the current and historic geological data have identified numerous drilling targets, many of which extend beyond the depth limits of the survey. The IP survey has also delineated new, previously unknown zones of potential mineralization in the southern portion of the grid (see Figure 1 below).

Gary Anderson, President and CEO of High Ridge Resources Inc. commented: "The results of the survey have exceeded our expectations. Permitting is underway and drilling will commence in the upcoming weeks. We are pleased with the vigorous pace at which work is proceeding, largely due to the commitment of our employees and contractors, and the enthusiastic support of the local communities."

Additional work being performed on other High Ridge concessions in the San Mateo area includes a recently concluded 3D IP survey, and geological mapping and sampling underway on the El Domo alteration zone and the northern portion of the Rosicler vein. An IP survey has just started on the veins in the former Germania mine area and includes, among others, two previously unmined structures. Detailed mapping and sampling of the Germania area is ongoing.

Summary of the IP geophysical survey on the Chanape property

Line preparation and staking of 68.01 line-kilometres on the Chanape property were topographically controlled with the GPS/OMNISTAR system, using a TDS Ranger 300X data processor and a Trimble AGGPS114 receiver.

21 magnetic SE-NW profiles with a total of 66.15 km were surveyed on Chanape, employing two and three Scintrex ENVI proton precession magnetometers, and one base station, with readings every 10 meters. Along the same SE-NW lines, 56.75 km were measured with Induced Polarization, using the Pole-Pole (2-Array) electrode configuration, with constant-spacing measurements taken at 50m intervals. Seven successive spacings of 50m, 100m, 150m, 200m, 250m, 300m and 350m were used, with apparent chargeability and apparent resistivity readings for each station.

For the Chanape rocks, resistivity ranges from less than 50 ohmmeters for strongly altered rocks through more than 8000 ohmmeters for compact or silicified units. Highly resistant and also conductive (altered) masses are sparsely distributed at shallow depths (20m) and compact rocks are more common at 50m. However, starting at 100m depth a central altered zone becomes evident and increases in conductivity (lower resistivities) at deeper levels.

In Chanape, significant chargeability anomalies occur above 20mV/V. The strongest responses are present down to some 200 meters depth. Most evident anomalous features are located at the center of the survey area, but at deeper levels the most anomalous features are concentrated in the southern part of the grid (see Figure 1 below). These high responses are expected to be caused by metallic sulphides, but sericite, montmorillonite, and other clays also contribute to the measured chargeability.

The combined low resistivity/high chargeability anomalies on Chanape are regarded as having the best conditions for the exploration targets with sulphides occurring in altered rock masses and should be tested by drilling.

Z. Adam Szybinski, Ph.D. (Geology), High Ridge Vice-President of Exploration, and Jose R. Arce, M.Sc. (Geophysics), of Arce Geofisicos, are the "qualified persons" responsible for the contents of this news release.

About High Ridge Resources Inc.:

High Ridge is focused on large scale exploration projects in British Columbia and Peru. In addition to the Peruvian gold and polymetallic projects, High Ridge has three advanced exploration projects in British Columbia. These properties include the Chuchi property (Cu-Au porphyry), 30 km northwest of Terrane's Mt. Milligan project; Newton Mountain (Au-Cu porphyry), 35 km 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 km south of Cominco's former Bluebell mine.

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.

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