Torch River Resources Ltd.
TSX VENTURE : TCR
FRANKFURT : WNF
PINK SHEETS : TORVF

Torch River Resources Ltd.

February 08, 2011 08:30 ET

Torch Receives Compilation Report on Fort-Elden Copper Property in B.C.

CALGARY, ALBERTA--(Marketwire - Feb. 8, 2011) - Torch River Resources Ltd. ("Torch" or the "Corporation") (TSX VENTURE:TCR) (FRANKFURT:WNF) (PINK SHEETS:TORVF) is pleased to announce that it has received a compilation report which has been filed with the British Columbia Mineral Tenure Branch. Torch is earning a 100% interest in the 12 mineral claims comprising 1,611.5 hectares located in the Omineca Mining Division, Specularite Lake, B.C (the "Fort-Elden Property"). The Fort-Elden Property is in the Babine Lake porphyry belt region of British Columbia. This region is known for its potential for large porphyry copper, copper/gold and copper/molybdenum deposits some of which having been developed as producing mines such as the Granisle and Bell Copper Mines.

The report entitled "Geochemical & Geophysical Report on the Fort-Elden Cu-Zn-Ag-Au-Mo Project Specularite Lake, Fort St James, and B.C." has been filed with the British Columbia Mineral Tenure Branch in compliance with the filing of work on Fort-Elden for the 2010 year.

This new compilation report and a power point presentation can be found at www.torchriver.ca

Management is very encouraged by results of rock and soil samples containing elevated levels of copper, silver, molybdenum and gold at Fort-Elden where assays as high as .39% Cu have been taken on rock chip samples. The company has applied for a drilling and trenching program which should begin in mid May 2011. Soil/rock chip sampling and interpretation of data for Torch River Resources was carried out under the supervision of Andris Kikauka, P. Geo., a Qualified Person with respect to National Instrument 43-101 and who has also reviewed this release.

Forward Looking Information

This press release may contain forward-looking statements which may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact, including without limiting the generality of the foregoing, statements made regarding the Omineca Property. Although Torch believes that the expectations reflected in such forward-looking statements are reasonable, it cannot give any assurance that such expectations will prove to be correct. Results of Torch including its ability to mobilize and drill on schedule may be affected by a variety of variables and risks associated with the mining industry such as availability of human and capital resources, competition, exploration and development plans and results, anticipated capital expenditures and financing thereof, timing of applications and approvals. As such the future plans and objectives of Torch are forward-looking statements that involve risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in such statements. Torch's forward-looking statements are expressly qualified in their entirety by this cautionary statement. Unless otherwise required by applicable securities laws, Torch does not intend nor does it undertake any obligation to update or review any forward-looking statements to reflect subsequent information , events, results or circumstances or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Torch River Resources Ltd.
    William E. Pfaffenberger
    President and Chief Executive Officer
    (403) 444-6888
    www.torchriver.ca
    or
    ProActive Communications Co.
    Local Vancouver: (604) 541-1995
    Toll Free: (800) 540-1995