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| September 22, 2006 Copper Ridge Exploration Update Geophysical Target Defined at Ironman IOCG | |||||
Copper Ridge Press Release No. 12/2006 Vancouver, BC, September 22, 2006 - Copper Ridge Explorations Inc. ("Copper Ridge" or the "Company") announces that it has received positive results from geophysical surveys at its Ironman (formerly Hart River) iron oxide copper-gold project ("IOCG"), Yukon. Induced polarization ("IP") and magnetics surveys were conducted along 11 km of line over the previously defined 1.5 by 2 km, 4 milligal gravity anomaly. A Max-Min horizontal loop electromagnetic survey was run along 2.2 km of the 5.6 km baseline. The results confirm a coincident high density, conductive and magnetic anomaly that may indicate a large, metallic source body, possibly iron-rich breccia with associated copper-gold mineralization. Several copper +/- gold occurrences associated with Proterozoic-aged iron-rich breccia have been discovered on the Ironman property peripheral to the gravity anomaly (see News Release dated September 15, 2005). The gravity anomaly had been interpreted as being caused by rocks of high density, possibly iron-rich breccia, in the near subsurface. In the immediate area of the gravity anomaly, a thin veneer of younger limestone covers the older rocks that host the breccia mineralization. The IP and Max-Min surveys indicate that a 1000 m long conductive target underlies a resistive layer, consistent with a body of metallic mineralization underlying a layer of silicified and resistive limestone. In addition, the magnetic survey defined an anomaly that is more or less coincident with the gravity anomaly, with a spike caused by a high level source at the east end. The spike is probably related to the known occurrence of magnetite at the Ironman showing while the broader anomaly indicates a larger and deeper source, probably related to the breccia. Geophysical profiles from the survey baseline are shown on the attached figure, and can also be viewed at the Company's website - www.copper-ridge.com. The Company is awaiting final interpretation of the results of these geophysical surveys before planning a drill test of the Ironman target. Copper Ridge holds an option to earn a 100% interest in the property subject to a 2% NSR, half of which can be purchased for $1 million. The geophysical surveys were carried out by Aurora Geosciences Ltd. of Whitehorse. J. Greg Dawson, P.Geo. and VP 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 and in mining-friendly jurisdictions, Copper Ridge is reducing the exploration risks for its shareholders and exposing them to a greater chance for discovery. Copper Ridge is well financed and is enjoying a busy field season 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.  View News Release in PDF Format: | |||||
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