High Ridge Resources Inc.

High Ridge Resources Inc.

March 30, 2007 09:15 ET

High Ridge Resources Inc.: Pacococha-Germania-Rosicler and Chanape Property Agreements Posted on SEDAR

Staking of Additional Land in the San Mateo Area, Peru

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 30, 2007) - High Ridge Resources Inc. ("High Ridge") (TSX VENTURE:HRR) announced today that the notarized English translations of two agreements granting the Company, via its wholly-owned subsidiary, options to purchase property in the San Mateo area of Peru have been filed with regulators via SEDAR: http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00022839 The agreements evidence the recently announced options to acquire the Pacococha-Germania-Rosicler concessions (see news release dated March 22, 2007), and the Chanape property (see news release dated February 8, 2007).

Minera High Ridge del Peru S.A.C. ("HR Peru"), the wholly-owned subsidiary of High Ridge, has staked additional, highly prospective land adjacent to and south of its gold-bearing polymetallic Chanape property (To view map please click on the following link: http://www.ccnmatthews.com/docs/hrr0330.pdf). The land totals 3,000 hectares, and includes approximately 475 hectares of over-staking. The over-staking results from the new, UTM-bounded claims being superimposed on the pre-existing, randomly-oriented concessions.

The additional staking brings High Ridge's total holdings southeast of San Mateo to approximately 130 square kilometres (13,000 hectares), including about 45 square kilometres (4,500 hectares) of the over-staked land, and further consolidates High Ridge's presence in the region. High Ridge continues to seek more properties in the same mining districts from the local owners and miners.

The staked land encompasses a relatively large (approximately 5 kilometers diameter) intrusive, monzonite-granodiorite body. Associated with this intrusion, on the High Ridge Chanape property, are numerous gold-rich polymetallic veins and breccias with gold and tourmaline. At least thirty gold-mineralized breccia pipes were mapped and documented on Chanape, with the total surface of more than 62,000 metres squared. (Ly at al., 1997) and an estimated potential (based on the 8 largest breccia pipes) of 22,349,250 tons with 2.5g Au/t, 1.32 Oz Ag/t, 0.56% Pb/t, 0.82% Zn/t (grades from Banco Minero del Peru, in P.H.Tumialan, 1982). Just one of the breccia bodies on the property has potential of approximately 375,000 tonnes with 14g Au/t (Tumialan, 1982). Within the newly staked ground, there are especially favourable conditions for discovery of more gold-bearing breccia pipes and veins.

The foregoing grade and tonnage information are historical estimates that were not prepared in accordance with the requirements of NI 43-101. References to the authors and dates of the information are indicated in parentheses. 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.:

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; the Newton Mountain property (Au-Cu porphyry), 35 kilometres north of Taseko Mine's Prosperity project - formerly Fish Lake (Au-Cu porphyry); and the Silver Bay property (Ag, Pb, Zn, and Cu porphyry), 10 kilometres south of Cominco's former Bluebell mine.

A. Szybinski, Ph.D. (Geology), Vice President of Exploration of High Ridge, is the "qualified person" 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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