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Copper Ridge Acquires Clear Lake Zinc-Lead-Silver Deposit

Posted on: Friday, 25 January 2008, 12:00 CST

VANCOUVER, Jan. 25 /PRNewswire-FirstCall/ -- Copper Ridge Explorations Inc. ("Copper Ridge" or the "Company") announces that it has agreed to terms whereby it may acquire a 100% interest in the Clear Lake zinc-lead-silver deposit, located 70 km east of Pelly Crossing and 225 km north of Whitehorse, Yukon. Terms of the acquisition include payments of $160,000 and the issuance of 500,000 shares over 5 years, plus a payment of $10,000 and 250,000 shares if an interest in the property is farmed out or sold to a third party. The vendor will retain a 2% Net Smelter Royalty, 3/4 of which can be purchased for $1.5 million.

Historical Resource Estimate ----------------------------

Clear Lake was first explored in 1965. Drill programs in the late 1970's and the early 1990's have included a total of 18,219 m in 71 drill holes. The Yukon Geological Survey Minfile database reports a "geological reserve" of 5,570,114 tonnes with an average grade of 11.4% zinc, 2% lead and 38.01 gpt silver. This resource is quoted here for historical information and it is not being treated as a current reserve or resource by the Company. The term "geological reserve" is not compliant with current accepted reserve and resource classifications as set forth by the Canadian Institute of Mining and Metallurgy Definition Standards. The reader is cautioned that it does not conform to National Instrument 43-101 requirements for reporting reserves and resources. It has not been verified by the issuer's qualified person and should not be relied upon.

Geological Setting ------------------

Clear Lake is a barite associated, shale hosted sedimentary exhalative massive sulphide deposit that occurs in Devonian-aged Earn Group sediments within the Selwyn Basin. The pyritic massive sulphide body is sigmoidal in shape, approximately 1,000 m in length and up to 120 m wide. Zinc-lead rich lenses are 5 to 30 m thick, 450 m in length and extend at least 300 m down dip. The Company believes there is excellent potential for the discovery of additional zinc-lead-silver mineralization.

The Company plans to acquire and compile as much of the historic property information as possible prior to planning ongoing exploration that will lead to the estimation of a National Instrument 43-101 compliant mineral resource. Mr. J. Greg Dawson, P.Geo., Vice President of Exploration for Copper Ridge, is the Qualified Person and is responsible for the technical content of this news release. The agreement is subject to regulatory approval.

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, in mining-friendly jurisdictions and by sharing the risks on some projects with joint venturers, Copper Ridge is exposing its shareholders to a greater chance for discovery. The Company is anticipating an active field program on its Yukon and British Columbia properties in 2008.

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.

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

Copper Ridge Explorations Inc.

CONTACT: Gerald G. Carlson, President & CEO, Copper Ridge ExplorationsInc., 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

Source: PRNewswire-FirstCall

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