High Ridge Resources Inc.
TSX VENTURE : HRR

High Ridge Resources Inc.

July 18, 2007 09:15 ET

High Ridge Resources Inc.: Announces Details of New Drilling Program Planned for the Chuchi Property, Central British Columbia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 18, 2007) - Mr. Mark Rebagliati reports: High Ridge Resources Inc. ("High Ridge") (TSX VENTURE:HRR) is planning to commence a 3,000 m to 4,000 metre diamond drilling program on its road accessible, approximately 97 square kilometre Chuchi porphyry copper-gold property situated 90 kilometres north of the resource based community of Fort St. James in central British Columbia.

High Ridge Resources' exploration program will focus on drill testing the full extent of the copper-gold mineralized system associated with the partially tested, extensive Chuchi geochemical-geophysical anomaly and the assessment of the other coincident copper-gold geochemical and geophysical anomalies.

The Chuchi property lies between the Mt. Milligan porphyry copper-gold deposit and the newly discovered Kwanika porphyry copper-gold deposit and lies within the same metal-prolific Takla Group geological belt. The Takla belt also hosts the Kemess South, Mount Polly, Afton and Copper Mountain porphyry copper-gold mines.

Chuchi is 36 km to the northwest from the large 200 to 350 million tonne Mt. Milligan deposit that has a reported resource estimate (currently Terrane Metals is calculating a NI-43-101 compliant resource) of over a billion pounds of copper and 3.5 to 5.0 million ounces of gold and is currently the subject of a feasibility study for mining.

Surveys conducted by BP Resources Canada Limited in 1983-89 identified large copper-gold soil geochemical anomalies coincident with induced polarization, resistivity and magnetic geophysical anomalies associated with monzonite intrusions similar to those hosting the Mt. Milligan and Kwanika deposits. BP Resources' 1989-1990, thirty-six hole 6,692 m diamond drilling program at Chuchi resulted in the discovery of a large zone of porphyry-type copper-gold mineralization with grades ranging to 0.37% copper and 0.21g/t gold over 88 m within a 265 m interval grading 0.20% copper and 0.12g/t gold. Subsequently, BP Resources exited the mineral resource industry during a period of low metal prices.

Substantial portions of the Chuchi anomaly are untested laterally and to depth and other highly prospective geochemical and geophysical anomalies remain untested.

Review of historic Chuchi data by Peter E. Walcott & Associates Ltd. shows:

"The 3D inversion displaying a large halo like chargeability feature, with higher intensities in the southern and western portions of the area modeled. A cross cutting chargeability feature is discernible trending east-northeast that follows a similar trend of high resistivity, which is truncated on the eastern side, by a north-south trending fault. Surrounding this feature are areas of low to moderate chargeability. The resistivity feature also encompasses two distinct magnetic features, which have been mapped as monzonite intrusions, and are likely connected at depth as indicated by the modeled resistivity. The historic drilling on the eastern limb of this chargeability feature, yielded some of the more significant copper intercepts on the property to date. As mentioned this area is situated within a moderate chargeability-resistivity high, and is associated with a magnetic high, and has potential for additional drilling to the north and south. The northern and southern flanks of this chargeability feature could also be potential areas for additional drilling. While not included in the model, a smaller magnetic feature in the west, associated with higher chargeability and resistivity along trend may also be of interest." Alex Walcott of Walcott & Associates, July 2007.

"Permitting has been submitted and the timetable for our effort at Chuchi is directly related to availability of drill rigs," says Gary Anderson. "We are eager to commence work on this exciting property."

High Ridge is focused on large scale exploration projects in Peru and Canada.

Mark Rebagliati, P. Eng. is the Qualified Person as defined by NI 43-101 for the purpose 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.

Gary Anderson, President & CEO

High Ridge Resources Inc.

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

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