High Ridge Resources Inc.
TSX VENTURE : HRR

High Ridge Resources Inc.

September 14, 2007 09:15 ET

High Ridge Clarifies Land Holdings and Announces New Acquisitions in the San Mateo Area, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2007) - High Ridge Resources Inc. ("High Ridge") (TSX VENTURE:HRR). For the information of shareholders, investors, as well as potential partners, High Ridge provides the following review of the information contained in past news releases and announces details of the new acquisitions in the San Mateo area.

All properties described in this release are located within old and active mining districts SE of San Mateo approximately 125 kilometres ENE of Lima in the Province of Huarochiri, Department of Lima. The concessions, located within the Matucana cadastral sheet 24-k, can be accessed along the well maintained Central Highway to the town of San Mateo, 100 kilometres east of Lima, with the remaining distance to the concessions being by public gravel and dirt roads.

High Ridge has obtained numerous internal reports, maps, plans and sections prepared by former geologists and consultants of the Pacococha Mine and Milpo that cover the acquired properties. The data also includes information covering much of the additional ground that High Ridge Resources Inc. acquired in the area through 'conventional staking'.

See the attached map of the High Ridge holdings in the San Mateo area and refer to High Ridge website: www.highridgeresources.ca. To view map please click on the following link: http://www.ccnmatthews.com/docs/HRR_Map1.jpg

Previously Announced Acquisitions

Chanape

On February 21, 2007, High Ridge (confirming news release dated: February 8, 2007) announced that its wholly-owned subsidiary Minera High Ridge del Peru S.A.C. was granted an option to acquire a 100% interest in the Chanape concessions ("Chanape") in Peru. The Chanape property consists of 20 mining concessions, which are all in good standing, totalling 808.34 hectares.

Property is generally accessible by gravel "Public Road" from San Mateo.

Refer to High Ridge Public Disclosure:

See News Release dated: February 08/07; February 21/07

See SEDAR filing dated: February 21/07; March 12/07

See Website Claim/Map

See Notarized Report and Public Road Map from Ministry of Transportation filed on SEDAR September 14/07

Pacococha, Germania, and Rosicler-El Domo properties

On March 22, 2007, High Ridge announced that its Peruvian subsidiary has obtained an option to acquire a 100% interest in 37 mining concessions held by Sindicato Minero Pacococha S.A. and Compania Minera Sunicancha S.A. These concessions totalling 1223.75 hectares are all in good standing and form three separate groupings: the Pacococha concessions, Germania concessions, and the Rosicler-El Domo concessions.

Property is generally accessible by gravel "Public Roads" from San Mateo.

Refer to High Ridge Public Disclosure Documents:

See News Release dated: March 30 /07; May 17/07

See SEDAR filing dated: March 30/07

See Notarized Report and Public Road Map from Ministry of Transportation filed on SEDAR September 14/07

Pacococha area

In the Pacococha area, High Ridge has acquired mining concessions encompassing large sections of the veins, which "in the past" have formed the core of the Pacococha Mine.

The concessions acquired by High Ridge provide mineral rights to the portions of the "former" Pacococha mine property and many important veins that include: Santiago Menor and Santiago Major, BJ 19, Purisima, Diez de Mayo, and Cuatro de Julio (see the attached map). High Ridge has also secured mining concessions surrounding the northeastern segment of the Carolina vein, the central Victoria vein, and the central-northeastern segment of the San David vein system. The relevant documents (contract in Spanish and certified English translation) are available on Sedar.

Refer to High Ridge Public Disclosure:

See News Release dated: March 30/07; May 17/07

See SEDAR filing dated: March 28/07

(i) Germania area

In the Germania area, High Ridge has obtained main sections of four important vein systems, two of which, Sin Complemento and Belgica V, were scarcely mined in the past, whereas the other two, Germania and Peru, were previously mined to a certain extent. The latter two vein systems formed the past-producing Germania mine, which most recently was mined by the Compania Minera Millotingo and Sindicato Minero Pacococha.

Property is generally accessible by gravel "Public Road" from San Mateo.

See News Release dated: March 30/07; May 17/07

See Notarized Report and Public Road Map from Ministry of Transportation filed on SEDAR September 14/07

(ii) Rosicler-El Domo (area)

The larger and relatively untouched contiguous group of concessions, the Rosicler-El Domo property, includes a three kilometer long, largely exposed mineralized quartz vein system and the related alteration zone named Rosicler, as well as associated, strongly altered volcanic dome (El Domo).

The property is located 2.5-3 kilometres NW of the Pacococha Lake. The three kilometer long Rosicler vein trends NE and is exposed on elevations between 4550 and 4800 metres, and has been only scarcely mined. There are two additional and little known mineralized vein systems present on this property, Virgen del Buen Paso and Midas, both of which are parallel to the Rosicler vein.

New Acquisitions

On June 9, 2007, High Ridge was granted an option to acquire a 100% interest in 11 mining concessions (see the list below) located within the Pacococha mine area and held by Sociedad Minera Bella Rubia (Bella Rubia). The mining concessions, totalling 148.21 hectares, are all in good standing. The price is US$700,000 (Seven Hundred Thousand American Dollars) in biannual payments over 5 years. Under the agreement, High Ridge has acquired rights to the main sections of the following vein systems: San Alejandro, Incataycuna, Ernesto and Ernesto Segundo, Belgica, and Reserva (see the list below and the attached map). All these veins have been previously mined, but none were drilled, and their potential at depth, below the lowermost drift is unknown.



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Concession Area
No. number Concession name Including portions of veins (ha)
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1 010394306 Dona Vanesa 2 Incataycuna 2.00
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2 010394406 Dona Vanesa 3 Incataycuna 5.99
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3 010343106 La Engreida del Viejito 19.96
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4 010343006 San Judas Tadeo 26 03 4.99
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5 010269006 San Pablo B G Purisima (fragments) 10.74
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6 010268906 Santa Maria B G San Alejandro 9.98
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7 010317706 Santa Maria BG 1 2.00
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8 010351106 Santa Maria BG 3 19.96
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9 010351006 Santa Maria BG 4 Ernesto Segundo 23.27
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10 010343206 Santa Rosita 86 2006 Ernesto 29.36
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11 010259706 Wisky Belgica, Reserva 19.96
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These additional Pacococha mining concessions optioned by High Ridge encompass several approximately NE-trending, mineralized, polymetallic (+/- gold) vein systems. Together with the current acquisitions, the High Ridge Pacococha mining concessions comprise the majority of all known main veins of the former Pacococha Mine, which most recently was mined by the Sindicato Minero Pacococha. The detailed compilation map below displays the distribution of the acquired claims and the vein systems.

See "Bella Rubia" claims map attached. To view map please click on the following link: http://www.ccnmatthews.com/docs/HRR_Map2.jpg

See SEDAR the Bella Rubia agreement filed September 14, 2007

About High Ridge Resources Inc.:

High Ridge is focused on large scale exploration projects in Peru and Canada. In addition to the recent Peruvian acquisitions, 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.

Z. Adam Szybinski, 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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