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Re: News Release - Friday, August 31, 2007
Initial Drill Results Lucky Joe Cu-Au Project
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COPPER RIDGE (KRX-TSX.V)
PRESS RELEASE No. 21/2007
Vancouver, BC, August 31, 2007 -- Copper Ridge Explorations Inc.
("Copper Ridge" or the "Company") announces initial drill results from
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 drill program included 2400 m in 13 holes
that targeted the Ryan's Creek anomaly, southwest of the main Lucky Joe
deposit.
The Ryan's Creek 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 along the eastern edge of a linear
magnetic anomaly. Results have been received for holes LJ07-11 through
14, 17 and 18. All holes encountered extensive pyrite mineralization
that occurs both disseminated and as massive to semi massive blebs
throughout the host quartz - biotite - chlorite schist. Copper
mineralization was observed locally occurring as malachite near the
upper sections and as disseminated chalcopyrite at depth. To date, only
hole LJ07-18 has reported significant copper-gold mineralization, with
an 8.1 m interval averaging 0.22% Cu and 0.19 gpt Au from 54.2 to 62.3
m within 28.0 m that averaged 0.146% Cu and 0.099 gpt Au from 35.7 to
63.7 m.
Results of the remaining 7 holes will be reported as soon as they have
been received. Drilling was carried out by Prospector Drilling of Ste.
Rose Du Lac, Manitoba and assays were completed by Eco Tech
Laboratories of Kamloops, British Columbia
Mr. J. Greg Dawson, P.Geo., Vice President of Exploration for Copper
Ridge, supervised the drill program, is the Qualified Person for the
Lucky Joe project and is responsible for the technical content of this
news release.
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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