Torch River Resources Ltd.

Torch River Resources Ltd.

July 25, 2011 08:30 ET

Torch River Provides update on Drilling at Fort-Elden-Expands Holdings

CALGARY, ALBERTA--(Marketwire - July 25, 2011) - Torch River Resources Ltd. ("Torch" or the "Corporation") (TSX VENTURE:TCR) (FRANKFURT:WNF) (PINK SHEETS:TORVF) announces that the Fort-Elden property located 100 km west of Fort St James, BC, has been expanded from 1,836.2 hectares to 2772.4 hectares by recent staking. Currently, two diamond drill holes have been completed on the Fort-Elden Breccia Zone reaching 272.8 and 241.9 meters in depth. The two holes are well mineralized throughout. Examination of core indicates upper Triassic trembler mafic intrusions and volcanic country rock cut by several monzonite-diorite Eocene Babine sub volcanic dikes and/or sills. The Elden Breccia Zone contains variable amounts of secondary K-feldspar, green biotite, and hydrothermal silica – carbonate – magnetite- Myrtle clays- alterations suggesting that porphyry and epigenetic styles of mineralization are present. Chalcopyrite, and lesser molybdenite occur as disseminations and fracture fillings associated with pyrite – pyrrhotite and elevated precious metal values. Copper molybdenum bearing sulphite minerals correlate with increased alterations.

The split core, taken at two meter intervals from both drill holes, has been sent for ICP and Au geochemical analysis to Pioneer Labs., Richmond, B.C. Core logging and data compilation on the Fort-Elden property is being carried out by Andris Kikauka, P.Geo., a Qualified Person for the purposes of NI 43-101and has approved this news 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

    ProActive Communications Co.
    Local Vancouver: (604) 541-1995
    Or toll free (800) 540-1995