HRR High Ridge Resources (Tier2)

High Ridge Resources Inc. ("High Ridge") (TSX VENTURE:HRR)(FRANKFURT:HR2) is
pleased to announce that it has delineated a widespread gold-bearing
copper-lead-zinc-silver mineralization that coincides with the 3D induced
polarization (IP) anomaly on its Rosicler-El Domo project near San Mateo, 90 km
east of Lima, Peru.


As a result of mounting evidence of a widespread mineralization over and near
the area of the IP anomaly, the company has decided to advance without delay the
drilling program and test the overall size and grade of the Rosicler-El Domo
system.


High Ridge's detailed outcrop sampling over a portion of the IP anomaly
indicates that it is flanked by significant copper-lead-zinc-silver and gold
geochemical anomalies. In the high chargeability-low resistivity zone, anomalous
element geochemistry (Cu less than 9,730 ppm, Pb less than 1.2%, Zn less than
1.67%, Ag less than 629 ppm, and Au less than 2.82 ppm) coincides with and is
located immediately outside of the IP zone, whereas the central zone of the IP
anomaly is of relatively lower grade.


The very effective 3D IP geophysical survey concluded recently by High Ridge
(news release, August 26, 2008) has outlined a large, "doughnut"-shaped
geophysical anomaly with a minimum length of more than 1,500 meters and width in
excess of 600 meters. The strong chargeability responses continue down to 280
meters depth (the survey's limit at depth). A substantial portion of this IP
anomaly is partly flanked by and overlaps with a total field magnetic intensity
high. The IP anomaly is interpreted to represent disseminated sulphide within an
intrusive and a tip of a possible porphyry system.


At the surface, the north-western portion of the IP anomaly coincides with a
greater than 1,000 meters wide, equigranular to porhyritic diorite and dacite
stock (El Domo) and the Rosicler vein system. El Domo is locally characterized
by a strong argillic alteration and silicification, especially where it overlaps
with the Rosicler vein. In Rosicler, with its complex system of mineralized
veins, veinlets, and stockworks, mineralization is represented by
chalcopyrite-bornite-galena-sphalerite and pyrite assemblage. Anomalous gold and
silver coincide with zones of strong silicification in the host rock.


Consequently, the initial drilling program will now consist of holes commencing
in the El Domo and Rosicler area (northeastern part of the IP anomaly) and
expanding southwards towards the end of Pituranga valley and then eastwards
towards Pacococha. The drilling program is going to involve an initial
3,000-3,500 metres and it is estimated that it will take up to 9-12 weeks to
complete. At this same time the company continues to expand the rock sampling
program over this and other geophysical anomalies within the project area.


About High Ridge Resources Inc.:

High Ridge is focused on large scale exploration projects in British Columbia
and Peru. In addition to the Peruvian gold and polymetallic projects, High Ridge
has three advanced exploration projects in British Columbia. These properties
include the Chuchi property (Cu-Au porphyry), 30 km northwest of Terrane's Mt.
Milligan project; Newton Mountain (Au-Cu porphyry), 35 km north of Taseko Mine's
Prosperity project - formerly Fish Lake (Au-Cu porphyry); and the Silver Bay
(Ag, Pb, Zn, and Cu porphyry) project, 10 km south of Cominco's former Bluebell
mine.


Z. Adam Szybinski, Ph.D. (Geology), High Ridge Vice-President of Exploration,
and Jose R. Arce, M.Sc. (Geophysics), of Arce Geofisicos, are the "qualified
persons" responsible for the contents of this news 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.

High Ridge Resources (Tier2) (TSXV:HRR)
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부터 2월(2) 2025 으로 3월(3) 2025

High Ridge Resources (Tier2) (TSXV:HRR)
과거 데이터 주식 차트
부터 3월(3) 2024 으로 3월(3) 2025