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Drill Results From Copper Ridge'S Kalzas Tungsten Project
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Vancouver, BC, November 20, 2008 -- Copper Ridge Explorations Inc.
("Copper Ridge" or the "Company") announces that Prospector
Consolidated Resources Ltd. ("Prospector" -- TSX.V - PRR) has reported
results from the core drilling program completed on Copper Ridge's 100%
owned Kalzas tungsten project, central Yukon. Prospector has the right
to earn a 100% interest in the property by paying $25,000, issuing
6,000,000 shares plus 2,000,000 warrants and completing $4,080,000 in
exploration expenditures on the property. Copper Ridge and Prospector
have agreed to amend the original agreement, reducing the required work
program for 2008 from $750,000 to $500,000.
The 2008 drill program included four holes for a total of 505 m.
According to Prospector, the drilling targeted the mineralized zone
within a large tungsten anomaly which had previously been drilled by
Union Carbide in 1981 and by Copper Ridge in 2005, and has now been
tested by 11 holes. The results reported by Prospector included the
following weighted averages over each of the holes drilled and include
results from a total of 352 core samples analyzed.
Hole No. Length (m) Weighted Average
(% WO3)
K-08-08 68 0 0.12
K-08-09 141.3 0.17
K-08-10 95 0 0.06
K-08-11 191.2 0.07
The drill program was supervised by Mr. Al Doherty of Aurum Geological
Consultants of Whitehorse and assaying was completed by Acme Analytical
Laboratories of Vancouver. Further program details are available in the
Prospector news release dated November 18, 2008.
Mr. J. Greg Dawson, P.Geo., Vice President of Exploration for Copper
Ridge, is the Qualified Person for the Kalzas Project for Copper Ridge.
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:
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) 2008 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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