Torch River Resources Ltd.
TSX VENTURE : TCR
FRANKFURT : WNF

Torch River Resources Ltd.

June 17, 2008 10:30 ET

Torch River Announces Drill Programs

CALGARY, ALBERTA--(Marketwire - June 17, 2008) - Torch River Resources Ltd. ("Torch" or the "Corporation") (TSX VENTURE:TCR) (FRANKFURT:WNF) is pleased to announce that it has mobilized its camp at the Red Bird molybdenum property in the central coast of British Columbia. Two drills will be mobilized by Neill's Drilling on or about June 21, 2008. The drilling program calls for 10-12 pads on the Main Zone east and central high grade zones (15,000 to 20,000 feet of drilling in total). This program should finish by mid September. The holes will range from 500 to 2,000 feet in depth. Two of the drill pads on the SW and SE Zones will test near the best molybdenum and copper areas discovered to date. The drills will start in this zone in late September and finish in early October.

Torch is also pleased to announce plans for its Mount Copeland molybdenum property located near Revelstoke, British Columbia. A camp will be set up in mid July, 2008. Drill Pad #1 should be in place by August 1. FB Drilling Ltd plans to mobilize its drill soon thereafter. Drilling will be from four pads, with 12 drill holes comprising 4,000 to 6,000 feet in total. Most holes will be 350 to 750 feet in depth. The drilling is expected to end by early September.

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 http://www.agoracom.com/IR/Torchriver 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 tcr@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

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 Mount Copeland 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.

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

Contact Information

  • Torch River Resources Ltd.
    William E. Pfaffenberger
    President
    (403) 444-6888
    Website: www.torchriver.ca
    or
    ProActive Communications Co.
    (604) 541-1995
    Toll Free: 1-800-540-1995