Torch River Reports 158 Meters of Moly at 0.148% M
Torch River Reports 158 Meters of Moly at 0.148% Mo
CALGARY, ALBERTA--(Marketwire - Sept.18, 2008) - Torch River Resources Ltd ("Torch") (TSX VENTURE:TCR) (PINKSHEETS:TORVF) (FRANKFURT:WNF) is pleased to announce further drillresults in its 2008 program on its Red Bird molybdenum/copper/rheniumproperty in British Columbia. DDH 149 and DDH 151 are located 258meters east of, 125 meters north of, and 101 meters higher in elevationin relation to recently reported DDH 08-RB-156. Both holes containdisseminated and fracture filling molybdenite associated with quartzstockwork and K-spar/kaolinite alteration which is hosted in quartzmonzonite porphyry. The bottom of DDH 149 ended in hornfels andesitictuff/flow with increased copper. A sixteen hole program with a total of5,000 meters of drilling has now been completed on Red Bird in 2008with eleven holes remaining to be reported.
The results of assays on the diamond drill holes (DDH) are as follows:
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From - To Length Equivalent
DDH 149 (meters) (meters) Mo% Cu% Mo%
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0-16 16 .094% .02% .096%
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16-86 70 .033% .225% .054%
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DDH 149 ended in mineralization (mostly copper) at 262 meters depth
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From - To Length Equivalent
DDH 151 (meters) (meters) Mo% Cu% Mo%
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0-14 14 .046% .029% .049%
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14-172 158 .148% .073% .155%
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including 130-150 20 .213% .030% .216%
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DDH 151 ended in mineralization at 294.13 meters depth
DDH 159 was drilled 200 meters east of DDH 08-RB-156.
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From - To Length Equivalent
DDH 159 (meters) (meters) Mo% Cu% Mo%
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10-40 30 .076% .045% .080%
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40-90 50 .096% .028% .099%
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90-170 80 .072% .061% .078%
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170-212.6 42.6 .016% .171% .032%
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DDH 159 ended in mineralization at 212.6 meters depth
Note: Equivalent molybdenum percentages were calculated using prices of $33
and $3.10 per pound of molybdenum (Mo) and copper (Cu) respectively.
Torch is very encouraged by the results of these three holes in its2008 program and will report further results as they become available.Other holes in the program further tested these areas of the Main Zoneand also parts of the Southeast and Southwest Zones. Torch isinterested in the potential of high grade sub-zones of the Main Zone asthey might relate to a possible starter pit for future production andalso the potential for high grade underground resources.
A diagram of the location of these drill holes of the 2008 program can be viewed at
https://www.corebox.net/properties/red_bird/ or at Torch's web site at
www.torchriver.ca.
Andris A. Kikauka, P. Geo. is a Qualified Person under NI 43-101and 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