EagleRidge Minerals-Fischot Island, St. Julien's, Copper Discovery With Up to 5.0% Copper in Surface Field Samples

PINAWA, MANITOBA, Aug 27 (MARKET WIRE) --
EagleRidge Minerals Ltd (ERM) is excited to announce today that is has
received final assays from its 2009 geological mapping, geochemistry and
prospecting work on the Fischot Islands, on the Great Northern Peninsula
of Newfoundland.

During the months of June and July, the company was very busy conducting
ground exploration work in the Great Northern Peninsula area of
Newfoundland and surrounding areas. Work was focused in the Baie Verte
and St. Julien's Project area in Newfoundland and Labrador. Fischot
Island is located in the north eastern portion of the St, Julien's
project area, approximately 10 kilometres north of the original St.
Julien's copper showing, now referred to as the Copper Cod Showing.

Fischot Island

Fischot Island is a group of islands that are geologically represented as
a mafic volcanic suite of rocks with several large gabbros intrusions.
The volcanic rocks to the north contain a large stockwork system of
quartz veining. The quartz veins are generally brecciated and carry
pebble to cobble size chalcopyrite pieces. The mafic volcanic rocks are
highly altered with chlorite, epidote and lesser amounts of carbonate.
The northern island, Northwest Island, contains the bulk of the copper
mineralization, as well as Frommy Island.

Geological mapping, geochemistry and prospecting were carried out over
the islands in July of 2009. The program was generated from limited
prospecting performed the year previous on the island by EagleRidge
Minerals field crews. The present work has indentified two zones of
copper sulphide mineralization. Copper mineralization is generally
situated in the quartz veins but is also found in associated shear zones
and to a lesser extent in the host rock.

The main zone of copper mineralization covers an area of 1400 metres by
700 metres on surface and has a general ovoid shape. Copper
mineralization is generally associated with the brecciated quartz veins
and associated shear zones. Veins have been noted up to 15 metres in
width but average around 10 centimetres. Strike lengths are commonly over
100 metres. Associated shear zones are generally 10 metres wide and
contain disseminated chalcopyrite and pyrite. Surface sampling has
returned copper values in the range of 0.6% to 5%. Several samples
outside of the main zone of mineralization assayed 0.1% to 0.5% copper
and forms a lower grade narrow envelope of mineralization.

The northern zone of mineralization is located in the northern portion of
the island chain. This zone is a linear trend that extends for 2100
metres with a width of 100 to 125 metres. Copper mineralization is
predominantly hosted in the brecciated quartz veins as pebbles and
cobbles of chalcopyrite but also as disseminated sulphides in shear
zones. Assays ranged from 0.6% to 2% copper. This zone of mineralization
has a lower grade copper halo of mineralization with widths of 20 to 30
metres on either side of the trend. The lower grade copper assayed
between 0.13% and 0.5% copper.

Rock Assay QAQC

All rock samples were sent by private vehicles to the Accurassay
Laboratories sample preparation office in Gambo, Newfoundland. Assays
were completed at the Accurassay Laboratories in Thunder Bay, Ontario.
EagleRidge Minerals follows a QAQC program of documented sample
procedures and the introduction of commercial standards into the sample
series.

VTEM on Fischot Island

During the later part of 2008, Eagleridge Minerals contracted Geotech
Limited to fly a VTEM airborne EM and magnetic geophysical survey over
the eastern portion of the St. Julien's project. The airborne survey
covered the Fischot Islands.

The company contracted an independent geophysical consultant, John
Kieley, to review the data. His report recommends several VTEM targets on
Fischot Island and two of them are associated with the newly discovered
copper mineralization.

Additional Ground Added

In light of the significant surface copper mineralization encountered,
additional claims were added to the St. Julien's Project. Additional
claims were added around Fischot Islands and Cormorandier Island.
Potential exists to the north and west of the present Fischot Island
discovery.

Exploration Plan

Presently the geological field crews are presently working on the
company's gold projects in the Bissett region of south eastern Manitoba.
A crew of prospectors are currently prospecting the recently added
mineral claims located on Fischot Island, on the St. Julien's project in
Newfoundland and the Goose Cove area.

Once all the work for Fischot Island and the rest of St. Julien's are
completed and compiled, a drill program will be planned. The drilling
will be based on the geological and geophysical interpretations. It is
expected that drilling will occur later this fall. Efforts are underway
to obtain financing for the drilling and continued exploration work on
all of the company's mineral claims. A news release should be released
shortly on the rest of the St. Julien's Project area.

Carey Galeschuk, P.Geo, ERM President and COO, is the qualified person
for these projects.

About EagleRidge Minerals Ltd

ERM is presently a privately traded company. The company is focused on
gold and base metal mineral exploration in the provinces of Manitoba and
Newfoundland and Labrador. The company operates exploration offices in
both Manitoba and Newfoundland and Labrador. The company is actively
exploring gold and base metal targets in both provinces.

Caution Concerning Forward-Looking Statements

This news release contains forward-looking statements and forward-looking
information within the meaning of applicable US and Canadian securities
laws. Assumptions that have been made still require to be proven from
field investigations. Management believes there is strong potential with
regard to economic mineralization being found on their mineral
exploration properties however this can only be proven through
progressive field exploration and geological investigations. The
statements in this release contain information that has known and unknown
risks, uncertainties and other factors that may cause actual results to
be different from those presented in this release. All investments carry
a certain level of risk that cannot be considered to be under the control
of EagleRidge Minerals Ltd.

Contacts:
EagleRidge Minerals
Carey Galeschuk, P.Geo
President and COO
cgaleschuk@eagleridgeminerals.com

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