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| | January 19, 2010
New High Ridge Resources Inc. Newton Project Update
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| | Vancouver, B.C., January 19, 2010 - New High Ridge Resources Inc. (the "Company") (TSX.V: NHR) today announced that Amarc Resources Ltd. ("Amarc") has reported assay results from the last seven holes of a 14-hole diamond drill program, completed in late 2009. Amarc reported that the results continue to confirm that the Newton Property holds excellent potential to delineate an important bulk-tonnage gold deposit that could support an open pit-style mining operation. All significant assay results from the 14-hole discovery program are shown in the Amarc news release. The gold system remains open in all directions (see maps at www.amarcresources.com). Amarc has the right to acquire an 80% interest in the Newton Property from the Company.
Refer to the news release issued by Amarc dated January 19, 2010, 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 January 19, 2010, 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 New High Ridge Resources Inc.:
The Company 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 |
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