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| April 15, 2004 Copper Ridge Signs Drill Contract: Field Work Underway at Quitovac Gold Project, Mexico | |
| Vancouver, BC, April 15, 2004 - Copper Ridge Explorations Inc. (the "Company") is pleased to announce that it has signed a diamond drill contract with Boytec Sondajes de México S.A. de C.V for a minimum of 1,000 meters of core drilling on its Quitovac gold project in Sonora State, Mexico. Additionally, fieldwork has commenced on the property with the initial phases of detailed geological mapping, trenching and soil sampling. The drill program is expected to commence shortly and will focus on the confirmation of results from previous reverse circulation drilling programs on the property and will test extensions of the mineralized zone, particularly extensions to the high grade zone. Some of the best drill intersections obtained from the project, such as hole Q-13 that intersected 7.01 g/t gold over 20 m and hole Q-14, that intersected 9.93 g/t gold over 23 m, are on the most southeasterly drill section tested. The property contains numerous small, near-surface lode and dry placer workings dating from the late 1800's and early 1900's. In more recent times, Servicio Industriales Peñoles, S.A. de C.V. ("Peñoles") drilled 6,700 metres of reverse circulation drilling in 45 holes during the period 1987 to 1990 and Santa Cruz Gold Inc. drilled 2,759 metres of reverse circulation holes in 1997. Two resource estimates were prepared by Santa Cruz using this drill data, including 3.3 million tonnes at 1.35 g/t gold, for 143,230 ounces of contained gold, and 1.1 million tonnes at 3.14 g/t gold for 112,125 ounces of contained gold.* The Phase I diamond core drilling program has been designed to improve the data quality such that a National Instrument 43-101 compliant resource calculation may be made. Copper Ridge has been highly successful in securing ten large-scale, early-stage gold and copper properties in the Yukon, Alaska and Mexico - three of which are under option to mining exploration companies including Kennecott Canada. This strategy enables Copper Ridge to minimize risk and financial exposure while maximizing exploration success and freeing up resources to seek out prime new acquisitions. Copper Ridge is well financed and anticipates another busy field season on its Northern properties as well as in Mexico. *These resources are quoted here for historical information and the reader is cautioned that neither of the calculations conforms to National Instrument 43-101 requirements for reporting reserves and resources, they have not been verified by the issuer's qualified person and should not be relied upon. For further information contact: Gerald G. Carlson, President 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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