HRR High Ridge Resources (Tier2)

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High Ridge Resources Inc. ("High Ridge") (TSX VENTURE:HRR)(FRANKFURT:HR2) today
announced that it has revised the terms of a non-brokered private placement that
was announced on July 10, 2008. The revised offering will consist of up to
10,000,000 units (a "Unit") at a price of $0.25 per unit for gross proceeds of
up to $2,500,000. 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 the Company for a period of 24 months
from the date of issue of the Warrant at the following CDN exercise prices: (i)
$0.40 per share from the Closing until the close of business on the day which is
8 months after Closing; (ii) thereafter at $0.50 per share until the close of
business on the day which is 16 months after Closing; and (iii) thereafter at
$0.60 per share until the close of business on the day which is 24 months after
Closing.


The Company will pay a finders fee equal to 8% of the gross proceeds raised in
connection with the private placement payable in cash or in Units. 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 Resources properties
and to fund potential mineral property acquisitions.


About High Ridge Resources Inc.:

High Ridge is focused on large scale exploration projects in British Columbia
and Peru. In addition to the Peruvian gold and polymetallic projects, High Ridge
has three advanced exploration projects in British Columbia. The projects
include the Chuchi property (Cu-Au porphyry) 30 km NW of Terrane's Mt. Milligan
project; the Newton Mountain project (Au-Cu porphyry) 35 km N. of Taseko Mine's
Prosperity (formerly Fish Lake); and the Silver Bay project (Ag, Pb, Zn, and Cu)
10 km south of Cominco's former Bluebell Mine.


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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