Stonebridge Resources Explorations Ltd. (S3C1.DE.FSE) (the "Company") today announced today that it has entered into a joint venture with Rio Plata Exploration and Mining Company to explore and develop a new project in Arizona.

The Project

The "Eastern Empire Mine" property, which consist of 59 contiguous parcels located adjacent to the "Total Wreck" mine on the eastern end of the Empire Mountains. This property became attractive because of its proximity to the Rosemont Mine site being developed by Augusta Resources. We believe that the rich diversity of minerals and metals already determined to be in this area, the Eastern Empire Mine property is a prime candidate for economic development. The Eastern Empire Mine property is an early stage exploration endeavor, in an area that has received significant capital deployment in the last five years.

About Rio Plata

Rio Plata Exploration and Mining Company is a junior exploration and mining company. As a private junior exploration and mining company, Rio Plata's management possesses a wealth of experience in mining finance, development and operations throughout the Americas. Rio Plata is based in Kalispell, Montana.

About Stonebridge Resources

Stonebridge strategy is to establish commercial reserves from strategic positions in high potential exploration plays in order to create and deliver shareholder value. In the implementation of this strategy, the Company focuses on material positions that are capable of providing significant growth through exploration.

Forward-Looking Statements

This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Stonebridge Resources, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company from time to time with the United States Securities and Exchange Commission and other regulatory authorities.

CONTACT: Patrick Webb
         Stonebridge Resources Explorations, Ltd.
         200 S. Virginia Street 8thFloor
         Reno NV. 89501
         Phone: 702-490-4735
Grafico Azioni Stonebridge Resources Ex... (CE) (USOTC:SRCX)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Stonebridge Resources Ex... (CE)
Grafico Azioni Stonebridge Resources Ex... (CE) (USOTC:SRCX)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Stonebridge Resources Ex... (CE)