CARSON CITY, Nev., Sept. 16, 2005 (PRIMEZONE) -- Stonebridge Resources Exploration Ltd. (Pink Sheets:SBGX) today announced that the joint venture with Explorer's Alliance Corporation is proceeding with its drill hole program located in Robb Township, Timmins, Ontario.
Stonebridge and Explorer's Alliance have completed the resurvey of the previous 24 drill holes on the "Half Moon Project". The drill holes were being retested to identify various azimuth to determine the exact plunge of the previously encountered economic sulfides. The resurvey is complete with the final report from the geological consultant expected by mid-October.
The resurvey program is critical in determining the exact locations of expected large mineral deposits.
"We are pleased to report that the resurvey of this proven, highly mineralized area is complete. The geologist's report on the area, we anticipate, will provide the direction in which this strong joint venture will continue its efforts in unlocking massive sulphite deposits," stated Harold Pizel President.
Stonebridge Resources Explorations Ltd. is a junior resource and exploration company concentrating on acquiring and consolidating large advanced exploration stage companies with near term production growth potential and acquiring this growth initiative into a profitable and socially responsible manner.
Forward-Looking Statements:
This press release contains "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those reflected in the statements. Information on the factors which could affect the Company's operations or financial results are included in the Company's reports on file with Canadian securities regulatory authorities and the United States Securities and Exchange Commission. Forward-looking statements are based on the estimates and opinions of the Company's management at the time the statements are made. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.