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Copper Ridge Farms Out Kalzas Tungsten Property
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Vancouver, BC, August 14, 2007 - Copper Ridge Explorations Inc.
("Copper Ridge" or the "Company") announces that it has reached an
agreement whereby Prospector Consolidated Resources Inc. ("Prospector")
will have the right to earn a 100% interest in its Kalzas tungsten
property. The Company's 100% owned Kalzas property is located 70 km
southeast of Mayo, Yukon.

Kalzas is a porphyry style tungsten deposit that contains tabular, high
grade zones in the central part of a larger, low grade deposit. Union
Carbide, sampling rock talus and felsenmeer over the deposit in the
1970's, defined an area 1500 m long and 300 to 900 m wide with tungsten
values in excess of 0.1% WO3. Two deep Union Carbide drill holes
confirmed the continuity of this mineralization to 300 m depth. Kalzas
has the potential to be one of the largest tungsten deposits in the
world. See www.copper-ridge.com for a more detailed project
description.

Prospector plans a program of surface sampling during the current field
season in preparation for a major drill test of Kalzas in 2008.

Under the terms of the agreement, Prospector will have the right to
earn a 100% interest in the property by paying $25,000 on signing the
agreement, issuing 6,000,000 shares of Prospector to the Company in
stages up to January 1, 2014, or the commencement of commercial
production from the property, whichever comes first. The initial
500,000 shares will be due upon regulatory approval of the agreement.
Prospector must complete $4,080,000 in exploration expenditures on the
property by December 31, 2010, and will also be required to issue
2,000,000 share purchase warrants to the Company, 1,000,000 of which
will be issued upon regulatory approval and will be priced at $0.25 in
year one and $0.50 in year two, and 1,000,000 of which will be issued
on or before December 31, 2010, with a two year life and price to be
determined at the time of issue. Copper Ridge will retain the right to
purchase half of the underlying 2% NSR royalty from the property
vendors. The agreement is subject to regulatory approval.

J. Greg Dawson, P.Geo., Vice President of Exploration for Copper Ridge,
is the Qualified Person for the Yukon Olympic project.

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,
Copper Ridge is exposing its shareholders to a greater chance for
discovery. Copper Ridge 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

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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