Copper Ridge Explorations Inc

Published : June 05th, 2009

to Sell Interest in Four Gold Projects to Golden Predator

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Re:   News Releases - Friday, June 05, 2009
      Copper Ridge to Sell Interest in Four Gold Projects to Golden
      Predator
=======================================================================

Vancouver, BC, June 5, 2009 -- Copper Ridge Explorations Inc. ("Copper
Ridge" or the "Company") announces that, further to its news release of
May 29, 2009, it has signed a Letter Agreement with Golden Predator
Royalty & Development Corp. (TSX.V: GPD -- "Golden Predator") whereby
Golden Predator will acquire Copper Ridge's interest in the Scheelite
Dome, Ogopogo and Willoughby gold projects. Copper Ridge will also
assign its opportunity to acquire the Quitovac gold project in Mexico,
for which it is in the final stages of negotiation.

The consideration payable by Golden Predator to Copper Ridge is
$750,000, to be paid in units of Golden Predator at a deemed price of
$0.50 per unit.  Each unit will consist of one share of Golden Predator
and one non-transferable warrant.  Each warrant will be exercisable for
one share of Golden Predator for a period of two years at a price of
$0.75 for the first six months and $0.90 for the remaining 18 months.
The number of units is adjustable under certain circumstances.  In
addition, should any of the properties become the subject of a positive
bankable feasibility study ("BFS") prior to December 31, 2011, then up
to 500,000 shares of GPD will be payable to Copper Ridge capped at
$1,000,000 in value, if a BFS is delivered from January 1, 2012 through
December 31, 2013 this cap will be raised to $1,500,000, if delivered
from January 1, 2014 through December 31, 2015 it will be raised to
$2,000,000, and it will be raised to $2,500,000 per project thereafter.
 In addition Copper Ridge has retained a 1% NSR on the Willoughby
project and if secured, the Quitivac project, and a 2% NSR on the
Ogopogo project which will be reduced to a 1% NSR in the event of a US
federal production royalty.

The agreement is subject to a number of conditions precedent, including
regulatory approval, the completion of the private placement described
in Copper Ridge's news release dated May 29, 2009 and, in the case of
the Quitovac project, completion of that acquisition by Copper Ridge.

Copper Ridge will focus its exploration efforts on base metal projects,
in particular copper-gold and zinc, with it's portfolio of 8 projects,
including:

Clear Lake Zn-Pb-Ag, Yukon: Clear Lake is a pyritic zinc-lead-silver
massive sulphide deposit, sigmoidal in shape, approximately 1,000 m in
length and up to 120 m wide. Zinc-lead rich lenses are 5 to 30 m thick,
450 m in length and extend at least 300 m down dip. The Company is
considering a surface geophysical exploration program to be followed by
a drilling program designed to upgrade the current historical Clear
Lake resource to NI 43-101 standards and to test three of the highest
priority adjacent exploration targets.

Babine Cu-Au-Mo, B.C.: The Babine porphyry copper-gold project includes
the Nak and Dorothy deposits, located in the Babine copper-gold
porphyry belt that includes the Bell and Granisle mines, the Morrison
deposit and numerous undeveloped prospects. The Bell and Granisle mines
together produced 130 million tonnes of ore grading 0.4% copper (Cu),
0.15 g/t gold (Au) and 0.75 g/t silver. The Company plans a surface
exploration program to further define targets identified during its
2007 and 2008 programs.

Lucky Joe Cu-Au, Yukon: The Lucky Joe project hosts a unique style of
copper-gold mineralization, with similarities to Capstone's Minto Mine
- possibly a gold-rich copper porphyry or an Iron Oxide Copper-Gold
(IOCG) deposit type. Soil anomalies and a correlation with linear
magnetic anomalies indicate a large aerial extent of potential
mineralization while geological observations suggest that the
mineralization is near surface, with a strong correlation between gold
and copper. Further soil surveying and surface geophysical programs are
planned for 2008 to prepare the Ryan's Creek zone for drilling.

Yukon Olympic Cu-Au, Yukon: The target at Yukon Olympic is an Olympic
Dam-type iron oxide copper-gold (IOCG) deposit. Mineralization,
alteration and age of the host rocks and the mineralized breccia are
similar to the giant Olympic Dam deposit in Australia.

Kalzas W, Yukon: Kalzas is a large, porphyry style tungsten deposit
with a higher grade core zone. The tungsten mineral wolframite occurs
in sheeted veins, stockworks and disseminations within altered
Proterozoic schist and quartzite.
 
Borealis U, Yukon: The Borealis uranium project covers the Deadman
Stock, a mid Cretaceous multiphase granitic unit of the Tombstone Suite
intrusive complex. Uranium mineralization is associated with a late
stage phase of syenite dykes within the stock and occurs as
structurally controlled lenses of pitchblende and as disseminations of
uraninite within the syenite.

Copper Ace Cu-Mo, B.C.: The Copper Ace copper porphyry properties
surround the Gibraltar Mine. Drilling has shown that the "mine series"
tonalite extends from the Gibraltar area onto the Copper Ace South
property.
 
Joss'alun Cu, B.C.: Copper mineralization at Joss'alun consists of a
series of lenses of semi-massive chalcopyrite with lesser pyrite within
basaltic oceanic volcanic rocks, in a geological environment that
appears to be favourable for Cyprus-type volcanogenic massive sulphide
mineralization. Samples collected within the discovery area included
7.33% copper over 35 cm, 3.35% copper over 90 cm and grab samples of
7.34% copper, 10.15% copper and 7.55% copper.

Mr. J. Greg Dawson, P.Geo., Vice President of Exploration for Copper
Ridge, is the Qualified Person for the above projects and is
responsible for the technical content of this news release. Further
information on Copper Ridge's entire exploration portfolio can be found
at www.copper-ridge.com

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 and in mining-friendly jurisdictions
and by sharing the risks on some projects with joint venture partners,
the Company is exposing its shareholders to a greater chance for
discovery.

Contact:
Copper Ridge Explorations Inc.
Gerald G. Carlson, President & CEO
Suite 500 -- 625 Howe Street
Vancouver, B.C.  V6C 2T6
Phone: 604-688-0833; 1-888-278-2288
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.  Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.

=======================================================================
Copyright (c) 2009 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
=======================================================================
.
<
Data and Statistics for these countries : Australia | Cyprus | Mexico | All
Gold and Silver Prices for these countries : Australia | Cyprus | Mexico | 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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