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High Ridge Resources Inc. ("High Ridge") (TSX VENTURE:HRR)(FRANKFURT:HR2) today
announced a non-brokered private placement of 1,000,000 units (a "Unit") at a
price of $0.20 per unit. Each Unit will consist of one common share and one
common share purchase warrant (a "Warrant"). Each Warrant will entitle the
holder to purchase one additional common share of High Ridge at $0.20 for a
period of 24 months from the date of issue of the Warrant.


The Units will be purchase by one director of High Ridge. The securities to be
issued under the private placement shall be subject to a four month hold period,
and the private placement is subject to the acceptance of the TSX Venture
Exchange.


High Ridge plans to use the net proceeds from the sale of the Units for general
working capital purposes, ongoing exploration on High Ridge properties and to
fund potential mineral property acquisitions.


About High Ridge Resources Inc.:

High Ridge is focused on large scale exploration projects. The company, with the
addition of its gold and poly-metallic acquisition in Peru, also has three
advanced exploration projects in British Columbia; the Chuchi property (Cu-Au
porphyry) 30 km NW of Terrane's Mt. Milligan project; Newton Mountain (Au-Cu
porphyry) 35 km N. of Taseko Mine's Prosperity (formerly Fish Lake) Au-Cu
project; as well as the above mentioned Silver Bay (Ag, Pb, Zn, and Cu) project.


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.


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