| |
| | December 09, 2009
High Ridge Resources Inc. Newton Project Update
|
| | Vancouver, B.C., December 9, 2009 - High Ridge Resources Inc. ("High Ridge" of the "Company") (TSX.V: HRR; FSE: HR2) today announced that Amarc Resources Ltd. ("Amarc") has reported favourable drilling results from an exploration program being conducted by Amarc on the Newton Project, located in the Chilcotin Region of south-central BC. Amarc, which holds an option from the Company to earn an 80% interest in the Newton Project, reported assay results from the first seven holes of an initial 14 hole program and announced significant concentrations of bulk tonnage-style gold, silver, copper and zinc. Amarc stated that the results indicate that the Newton property may host both a previously unrecognized gold district and a new deposit type in BC. Assay results from the remaining seven holes in the initial drill program will be reported by Amarc when they are received.
Refer to the news release issued by Amarc dated December 8, 2009, which is available at www.sedar.com, for additional details of the drill program. Information contained in this news release has been obtained by the Company exclusively from the Amarc news release dated December 8, 2009, without review or independent verification of the exploration information by the Company. Accordingly, investors must use caution before relying upon the accuracy of such information.
About High Ridge Resources Inc.:
High Ridge is focused on large scale exploration projects. The company has two advanced exploration projects in British Columbia; the Chuchi property (Cu-Au porphyry) 30 km NW of Terrane's Mt. Milligan project; and the Newton Project (Au-Cu porphyry) in south central BC.
Neither the 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.
Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release include statements regarding future exploration programs, operation plans, geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
For investor inquiries, contact:
Gary Anderson, President & CEO
High Ridge Resources Inc.
gary@highridgeresources.ca
604.644.4247
www.highridgeresources.ca |
| |
| | You can view the Next News Releases item: Thu Dec 31, 2009, New High Ridge Resources Inc. Announces Change of Name and Share Consolidation
You can view the Previous News Releases item: Wed Dec 2, 2009, High Ridge Resources Inc. Announces Proposed Share Consolidation
You can return to the main News Releases page, or press the Back button on your browser.
|
| |
