Copper Ridge Explorations Inc

Published : June 07th, 2010

Drilling Commences At Copper Ridge's Yukon

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Keywords :   Australia | Copper | Diamond | Gold | Iron | K Street | Lead | Nickel | Palladium | Platinum | Silver | Zinc |

Copper Ridge Explorations Inc. TSX-V:KRX
11th Floor, 888 Dunsmuir Street
Vancouver, BC V6C 3K4
Tel: (604) 648-4653
Fax: (604) 642-0604



Drilling Commences At Copper Ridge's Yukon Olympic IOCG Project

TSX-V: KRX

www.copper-ridge.com

VANCOUVER, June 7 /CNW/ - Copper Ridge Explorations Inc. (TSX.V:KRX) (the "Company") is pleased to announce that it has been informed by REC Minerals Corp. (TSX.V: REC) ("REC") that drilling has commenced at the Company's Yukon Olympic Iron-Oxide-Copper-Gold ("IOCG") property, located in the Dawson Mining District, Yukon. REC currently holds an option to acquire up to a 65% interest in the 5,359 hectare property from Copper Ridge.

The target deposit type, Olympic Dam in Australia, is characterized geophysically by a large magnetic anomaly flanked by a gravity anomaly which is believed to reflect the iron-rich breccia body. The Yukon Olympic property occurs in a geological setting that is similar to Olympic Dam, in host rocks of similar age and with mineralization and alteration that is of a similar age and character. The drilling will test the Blackstone anomaly, a circular magnetic anomaly with a partially fringing gravity anomaly locally in excess of 2 milligals. The south-eastern portion of the gravity anomaly correlates with known, copper-bearing hematite (iron oxide) breccia in Spectacular Creek, while for the most part the source of the combined magnetic and gravity feature is hidden under younger cover rocks. The drilling will specifically target areas of high induced polarization chargeability that occur within the gravity anomaly. See www.copper-ridge.com for a more comprehensive property description.

REC's program at Yukon Olympic will consist of an initial four-hole 1,200 meter Diamond drill test. Drilling is being carried out by Kluane Drilling Ltd. and the program is being supervised by Aurora Geosciences Ltd. Depending on the results of its initial 1,200 meter drill program, REC may drill two additional holes, for up to an additional 800 meters of drilling.

Mr. J. Greg Dawson, P.Geo., Vice President of Exploration for Copper Ridge, is the Qualified Person for the Yukon Olympic project and is responsible for the technical content of this news release.

    About Copper Ridge Explorations Inc.
    ------------------------------------

Copper Ridge is focused on two advanced projects: the Duke Island copper-nickel-platinum-palladium project in Alaska and the Clear Lake lead-zinc-silver massive sulphide deposit in central Yukon. By exploring quality projects in areas of high mineral potential and in mining-friendly jurisdictions, Copper Ridge is committed to maximizing shareholder value through discovery.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Copper Ridge's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Copper Ridge assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

For further information: Copper Ridge Explorations Inc., Investor Relations, (604) 648-4653
.
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Gold and Silver Prices for these countries : Australia | All

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Copper Ridge is a copper producing company based in Canada.

Copper Ridge produces copper, gold and silver in Mexico, and holds various exploration projects in Canada and in Mexico.

Its main asset in production is GAVILANES in Mexico and its main exploration properties are KALZAS, DUKE ISLAND, BABINE, GOLD DOME, BOREALIS, COPPER ACE, JOSS'ALUN, LUCKY JOE, YUKON OLYMPIC, OGOPOGO, WILLOUGHBY, CLEAR LAKE, HART RIVER CLAIMS, LUCKY JOE AND SHAMROCK and ASH, B AND TAR CLAIMS in Canada.

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Financings of
4/5/2011increareases Previously Announced Private Placement
4/1/2011Announces Private Placement
8/5/2009Shareholders Approve Private Placement
2/22/2008Closes Non-Brokered Private Placement
1/31/2008 Arranges $200,000 Non-Brokered Private Placement
5/1/2007Closes $1.5 Million Non-Brokered Private Placement
3/23/2007Arranges $1.0 Million Non-Brokered Private Placement
Nominations of
5/3/2011Blair M. Shilleto Named to Copper Ridge Board of Directors
9/9/2009Appoints New Board; Closes $3 Million Financing
Project news of
4/18/2011Acquires the Marg Deposit, Yukon
3/28/2011(Four Corners Yukon)Announces Yukon Property Acquisitions
3/28/2011(Bolt)Announces Yukon Property Acquisitions
7/6/2010(Lucky Joe)Drilling Commences at Lucky Joe
6/16/2010(Duke Island). - Drilling commences at Duke Island, Alaska
2/22/2010(Quitovac)announces purchase of Quitovac gold project from Andina Mine...
7/9/2009(Scheelite Dome)Options Scheelite Dome Property to Golden Predator
6/30/2009(Lucky Joe)Farms Out Its Lucky Joe Copper-Gold Project, Yukon
12/2/2008(Joss'alun)Joss'alun Drill Results
11/21/2008(Kalzas)Drill Results From Copper Ridge'S Kalzas Tungsten Project
9/15/2008(Kalzas)Drilling Commences At Copper Ridge'S Kalzas Tungsten Project
9/9/2008(Joss'alun)Drill Mobilized To Copper Ridge's Joss'Alun Copper Project
8/21/2008(Ironman)Ironman Iocg Project Drill Results
3/4/2008(Copper Ace)Copper Ace Drilling Completed
2/4/2008(Scheelite Dome)Scheelite Dome Drilling Intersects 10.1 M Of 2.21 G/T Gold
1/25/2008(Clear Lake)Acquires Clear Lake Zinc-Lead-Silver Deposit
1/11/2008(Copper Ace)New Porphyry Target To Be Drilled At Copper Ace Project
10/3/2007(Lucky Joe And Shamrock)Final Lucky Joe Drill Results 1500 m Copper-Gold Zone Define...
9/24/2007(Tintina Gold Belt)Riverside Commences Drilling At Copper Ridge'S Scheelite Dom...
9/1/2007(Lucky Joe And Shamrock)Initial Drill Results Lucky Joe Cu-Au Project
8/29/2007(Borealis)Confirms U Values At Borealis Airborne Radiometric Survey Co...
8/14/2007(Kalzas)Farms Out Kalzas Tungsten Property
6/12/2007(Lucky Joe And Shamrock)Drilling Underway At Copper Ridge's Lucky Joe Cu-Au Project
5/25/2007(Copper Ace)Drilling is Underway at the Copper Ace South Project
Corporate news of
5/6/2011to Exhibit at the Las Vegas MoneyShow
5/6/2011Proposes Name Change to Redtail Metals Corp.
4/20/2011Announces Close of $1.1 Million Private Placement
6/7/2010Drilling Commences At Copper Ridge's Yukon
9/30/2009Announces Option On Quaterra Resources' Alaskan Cu-Ni-Pge Pr...
6/5/2009to Sell Interest in Four Gold Projects to Golden Predator
5/29/2009Financing
11/25/2008Correction to Drill Results Kalzas Tungsten Project
11/13/2008Exploration Update
7/30/2008Exploration Update
6/27/2008Ironman Iocg Drilling Underway
6/25/2008Exploration Season Underway
6/17/2008Announces Closing of $600,000 Financing with the Mineralfiel...
5/29/2008Announces $600,000 Financing With The Mineralfields Group
4/11/2008 Update Up To Seven Projects To Be Drilled In 2008
2/7/2008Drilling Underway At Sheridan Copper-Moly Porphyry Target
9/17/2007Ironman IOCG Project Update
8/9/2007's Babine Project, B.C. - New copper-gold porphyry deposit a...
8/8/2007Copper Ace results
7/10/2007Farms Out Yukon Olympic IOCG Property
6/26/2007CVRD Inco Options Copper Ridge's Ironman IOCG Property
5/19/2007Greg Dawson Appointed To Board Of Directors
5/9/2007Acquires B.C. Copper-Gold Porphyry Deposit
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