Torch River Resources Ltd.

Torch River Resources Ltd.

August 12, 2008 09:30 ET

Torch River Reports Drill Results at Red Bird

CALGARY, ALBERTA--(Marketwire - Aug. 12, 2008) - Torch River Resources Ltd ("Torch") (TSX VENTURE:TCR) (PINK SHEETS:TORVF) (FRANKFURT:WNF) is pleased to announce that it has completed its first deep diamond bit drill hole in its 2008 program on at its Red Bird property in British Columbia. DDH 156 was drilled to a depth of 617.55 meters and was spotted at the same location as DDH 132 (2006) however was drilled nearly vertical where DDH 132 was drilled north at -65 degrees. DDH 132 returned .152 % molybdenum over 100meters from 286 meters to 386 meters depth. A total of 6,400 meters of drilling is planned in 2008.

The results of assays on the diamond drill hole (DDH) are as follows:

DDH 156 From - To Length Equivalent
(meters) (meters) Mo% Cu% Mo%
374-398 24 .079% .029% .082%
436-464 28 .091% .048% .096%
464-502 38 .065% .025% .068%
502-538 36 .045% .014% .046%
538-552 14 .184% .010% .185%
580-617.55 37.5 .060% .139% .075%
DDH 156 ended in mineralization at 617.55 meters depth

Note: Equivalent molybdenum percentages were calculated using prices of $33
and $3.50 per pound of molybdenum (Mo) and copper (Cu) respectively.

Torch is very encouraged by the results of this first hole in its 2008 program and will report further results as they become available. Further deep holes are planned later in the program to test the down dip potential opened up by DDH 156 and DDH 132. These adjacent holes are planned to go deeper because geochemical data from DDH 156 indicates mineralization is improving at depth.

A diagram of the location of DDH 156 and the drill holes of the 2008 program can be viewed at or at Torch's web site at

Andris A. Kikauka, P. Geo. is a Qualified Person under NI 43-101 and has reviewed and approved the technical data in this press release.

Torch is a company listed and trading on the TSX Venture Exchange, symbol: TCR.

For all Torch River investor relations needs, investors are asked to visit the Torch River IR Hub at where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Torch River Resources Ltd.
    Dr. William E. Pfaffenberger
    President and CEO
    (403) 444-6888
    ProActive Communications Co.
    Local Vancouver: (604) 541-1995 or Toll Free 1-800-540-1995