High Ridge Resources Inc.
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SYMBOL: .V.HRR Website: www.highridgeresources.ca Corporate Contact Information Phone: 604-689-9195 Toll Free: 888-689-9195 Email: sfkirk@highridgeresources.ca |
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Company News (Apr 10, 2008) High Ridge Completes Final Tranche of Private Placement ...Read More
Overview
High Ridge Resources Inc.’s properties are a mix of commodities; gold, silver, copper and zinc. The properties have been acquired by staking as well as optioning to earn 100% interest. The properties are chosen because of their significant past histories and expenditures. In some cases in addition to excellent drill targets already defined, near term production is possible.
- 3 mining exploration properties in British Columbia, Canada
- 4 mining exploration properties in Peru
People
Gary W. Anderson
President , Chief Executive Officer, Director
Mr. Anderson co-founded the company in June 2004. Mr. Anderson served as an investment advisor with a major Canadian brokerage firm from October 1990 to August 2004.
David R. McElhanney, B. Eng. (Civil), MBA, P. Eng
Chief Financial Officer and Director
Mr. McElhanney is an independent consultant and past senior manager of McElhanney Consulting Services Ltd., an engineering consulting company, prior to which he served as project manager for RLG International from July 1999 to October 2002, and as branch and project manager of McElhanney Consulting Services Ltd. in Surrey BC from June 1992 to July 1999. Mr. McElhanney holds a degree in civil engineering from McMaster University, Hamilton, Ontario, and an MBA from the Richard Ivey School of Business, London Ontario.
Z. Adam Szybinski, Ph. D.
Vice President of Exploration
Mr. Szybinski's experience is in structural aspects of mineral deposits. During his geological career, which spans 30 years, he has been associated with Cominco Ltd. and Rio Algom Exploration Inc. and has worked in Mongolia, Poland, Canada, the U.S. and Peru. Most recently, Mr. Szybinski served as the chief geologist with Fairbank Engineering Ltd. and Nevada Geothermal Power Inc.
Andreas Hees
Director
Mr. Hees is an independent director of the company. Mr. Hees has served as chief executive officer of Bankhaus Gebr. Martin AG, a private German bank established in 1912, from 1984 to present. Mr. Hees holds a degree in Business Administration from the University of Nuremburg, Germany.
Alexander Korelin, MBA
Director
Mr. Korelin is the founder and president of A.B. Korelin and Associates, Inc., a consulting firm that has been working with public companies since 1982. He received his Bachelor of Arts Degree (Economics) from the University of Washington and his MBA (Finance) from the University of Puget Sound. He is also the co-host of The Korelin Economics Report, which airs throughout the United States.
Mark Rebagliati, P. Eng
Advisory Board
Mr. Rebagliati has over 35 years experience in mineral exploration from grassroots to advanced programs – he discovered Mt. Milligan and Kemess South deposits in British Columbia. In 1998, he won the Prospector of the Year Award for Canada.
Property
Focused On Large-Scale Exploration Projects with Significant Resource Potential Assets
High Ridge Resources Inc.’s properties are a mix of commodities; gold, silver, copper and zinc. The properties are 100% interest, have significant past expenditures with excellent drill targets defined.
- 3 mining exploration properties in British Columbia, Canada
- 4 mining exploration properties in Peru
PERU
The projects in the San Mateo Mining District, Peru, have significant historical data available, having seen mining activity in the past using traditional technique of mining veins following visible outcrops from surface. Rather than drill holes, access to adits used in the past provide a valuable sampling opportunity. Going forward, High Ridge is bringing North American, NI 43-101-compliant standards to these properties to quantify resource potential more accurately. Other project characteristics:
- High-grade gold
- Polymetallic: gold, silver, lead, zinc & copper
- Advanced exploration
- Pre-production development.
CHANAPE PROJECT
Historical Data from the Chanape project (non-compliant 43-101). There are three other projects in Peru: Pacococha, Germania, El Domo-Rosicler and Vetaspata (similar to Chanape).
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*Grades from Banco Minero del Perú Feasibility Study Report, in Tumialan, 1982
BRITISH COLUMBIA
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One of the richest mineral regions in the world. This area over the last 30 years has been ignored and now, with a government that is supportive of the mining industry and with companies advancing historic projects and new recent discoveries, British Columbia is one of the more favorable places in the world for mining development.
CHUCHI - COPPER-GOLD PROPHYRY
36 km southeast of Mt. Milligan deposit.
- Chuchi geology is “remarkably similar to Mt. Milligan… 299-million-tonne copper-gold porphyry deposit”… from Summary Report on the Chuchi Property for HIGH RIDGE RESOURCES INC., Rebagliati Geological Consulting Ltd.
- Drilling program planned in excess of 3,000 meters, including twinning of the best previously drilled holes, extending to depths more than 250 meters, and step-out holes.
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NEWTON – GOLD-COPPER PROPHYRY
40 km north of Fish Lake deposit.
- Significant results from 2006 drill program with the best drill hole DDH 06-12, averaged 2.33 g/tonne gold over 49 meters from 161 and 210 meters, still in gold mineralization.
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SILVER BAY – SILVER, LEAD, ZINC, MASSIVE SULPHIDE
16 km south of the former Blue Bell Mine.
- Selected mineralized outcrops and massive-sulphide float boulders were assayed in 2006: Zinc (1.02% -27.04%), lead (1.38% - 37.37%), copper (0.007% - 0.915%) & silver (131 g/t – 338 g/t).
- 2007 work program to identify drill targets.
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Politics
Peru
- Peru has a dynamic economy that grew by more than 4% per year during the period 2002-06, with a stable exchange rate and low inflation.
- Risk premiums on Peruvian bonds on secondary markets reached historically low levels in late 2004, reflecting investor optimism regarding the government's prudent fiscal policies and openness to trade and investment.
- Stable regulatory framework - Including equal treatment for national and foreign direct investment.
- Pro free trade and market liberalization; Peru – U.S.
Source: CIA, The World Factbook, Moody’s, UNCTAD
Since July 2006, Peru’s current president, Alan Garcia, has pledged to work toward improving social conditions and fiscal responsibility.
British Columbia
After decades of decline, the provincial government is committed to enhance the economic benefits of mining. The new B.C. Mining Plans have reduced mining regulations, reduced taxes and taken steps to make the province an ideal place to invest; with high-quality and accessible geological data and attractive exploration incentives, making B.C. one of the most attractive places to explore and develop mines.
Land claims of the First Nations are a challenge; conversely the First Nations in many areas of the province are embracing mining development as a way to generate work and financial security. The past difficulty with land claims is largely a legacy of the past with few companies facing any difficulty.
Paper
As of July 15, 2007:
- Issued: 17.1 million shares
- Fully Diluted: 22.2 million shares
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