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Re: News Release - Tuesday, June 26, 2007
CVRD Inco Options Copper Ridge's Ironman IOCG Property
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Vancouver, BC, June 26, 2007 -- Copper Ridge Explorations Inc. ("Copper
Ridge" or the "Company") announces that it has reached an agreement
whereby CVRD Inco Limited ("CVRD Inco") may earn a 70% interest in the
Company's Ironman iron oxide copper-gold ("IOCG") project, Yukon. Over
the past three years, Copper Ridge has completed geological,
geophysical and geochemical surveys to define a 1.5 by 2 km, 4 milligal
gravity anomaly with coincident anomalous Max-Min electromagnetics
("EM") and Induced Polarization ("IP") chargeability and resistivity
responses. CVRD Inco is planning an exploration program for the 2007
field season that will include additional geophysical surveying and, if
a suitable contractor is available, Diamond drilling. The Ironman
Property is subject to a 2% net smelter returns royalty in favour of
the original property owner, of which 50% (i.e. 1%) can be bought out
for $1.0 million.

According to the terms of the agreement, CVRD Inco may acquire a 70%
interest in the property by assuming the payment of the cash property
payments to the underlying owner and by completing and funding a
feasibility study on the property on or before the sixth anniversary of
the agreement. Minimum annual work programs of $250,000 in the first
three years and $500,000 in the second three years of the option term
are required. When CVRD Inco has earned its 70% interest, Copper Ridge
will then have the option of either retaining a 30% participating
interest by paying its proportionate share of costs or reducing to a
20% interest with CVRD Inco carrying all costs to production. The
Company would then repay its 20% proportionate share of the capital
costs from 70% of its share of revenue from production.

On the Ironman property, several copper +/- gold occurrences associated
with Proterozoic-aged iron-rich breccia bodies have been discovered
peripheral to the gravity anomaly (see News Releases dated September
15, 2005, September 22, 2006 and Copper Ridge's web site --
www.copper-ridge.com). The gravity anomaly has been interpreted as
being caused by rocks of high density, possibly iron-rich breccia, in
the near subsurface. Results from the IP and EM surveys suggest that
the source of the gravity anomaly is also conductive, perhaps caused by
metallic mineralization. Along the main geophysical survey line, the
anomaly is approximately 1,500 m in length. In the immediate area of
the gravity anomaly, a thin layer of younger limestone covers the older
rocks that host the breccia mineralization. Mr. J. Greg Dawson, P.Geo.,
Vice President of Exploration for Copper Ridge, is the Qualified Person
for the Ironman 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, 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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