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Re: News Release - Tuesday, June 12, 2007
Drilling Underway At Copper Ridge's Lucky Joe Cu-Au Project
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Vancouver, BC, June 12, 2007 -- Copper Ridge Explorations Inc. ("Copper
Ridge" or the "Company") announces the commencement of a 2000 m
drilling program on its 100% owned Lucky Joe project, located 40 km
south of Dawson City, Yukon Territory. The target at Lucky Joe is a
metamorphosed porphyry deposit or possibly a variety of IOCG (iron
oxide copper-gold) deposit as defined by two large copper-gold soil
geochemical anomalies and coincident geophysics. The Bear Cub Zone is
11 km in length and the nearby Ryan's Creek zone is 7 km in length. The
current drill program will focus on the Ryan's Creek trend.
Late in the 2006 season, one drill hole was completed at the southern
end of the Ryan's Creek trend. Hole LJ06-09 intersected strongly to
moderately altered schist through most of its length. A mineralized
zone consisting of trace to 2% chalcopyrite and trace to 2% pyrite was
encountered between 48 and 91 m. Within this zone, copper values up to
0.76% over 3.05 m and gold values up to 3.24 g/t over 2.4 m were
encountered. Significant mineralization from the 2006 drill hole is
summarized as follows:
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From (m) To (m) Interval (m) Copper (%) Gold (g/t)
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50.90 62.95 12.05 0.37 0.80
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Includes 57.00 62.95 5.95 0.50 1.50
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and 57.00 60.05 3.05 0.76 0.38
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and 60.05 62.45 2.40 0.17 3.24
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Drilling in 2007 will initially focus on the northern end of Ryan's
Creek. This trend extends for over 4,500 m in strike length and is
defined by a strong copper-gold anomaly in soils that is coincident
with an IP chargeability anomaly and the northern edge of a linear
magnetic anomaly. For more in-depth technical information on the Lucky
Joe Project, please refer to the Copper Ridge web site --
www.copper-ridge.com.
Mr. J. Greg Dawson, P.Geo., Vice President of Exploration for Copper
Ridge, is the Qualified Person for the Lucky Joe project.
At the Company's Copper Ace project, adjacent to the Gibraltar copper
mine in central British Columbia, the drill program nears completion
with over 2,000 m of core drilling completed to date.
Copper Ridge's exploration philosophy focuses on maximizing the
potential for success in a high-risk business. With grass roots mineral
exploration, where the entry cost is low but the potential reward can
be very high, success will be contingent on exploration skill and on
carefully managed risk. Our management team brings tenacity, technical
skill and experience, all crucial ingredients for discovery. By
exploring a broad array of projects, focusing on the right commodities,
in areas of high mineral potential, in mining-friendly jurisdictions
and by sharing the risks on some projects with joint venture partners,
Copper Ridge is exposing its shareholders to a greater chance for
discovery. The Company is well financed for the 2007 field program on
its Yukon and British Columbia properties.
Contact:
Gerald G. Carlson, President & CEO
Copper Ridge Explorations Inc.
Suite 500 -- 625 Howe Street
Vancouver, B.C. V6C 2T6
Phone: 604-688-0833; 1-888-278-2288
Fax: 604-688-0835
info@copper-ridge.com
TSX Venture Exchange -- KRX Pink Sheets -- CRXOF Berlin -- 502845
This release was prepared by management of the Company who takes full
responsibility for its contents. The TSX Venture Exchange has not
reviewed and does not accept responsibility for the adequacy or
accuracy of this news release.
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Copyright (c) 2007 COPPER RIDGE EXPLORATIONS INC. (KRX) All rights
reserved. For more information visit our website at
http://www.copper-ridge.com/ or send mailto:info@copper-ridge.com
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