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Volt Carbon Technologies Inc V.VCT

Alternate Symbol(s):  TORVF

Volt Carbon Technologies Inc. is a Canada-based carbon science company, with specific interests in energy storage and green energy creation. The Company’s operations are focused on exploring mineral properties and developing its air classifier technology. The Company holds mining claims in the provinces of Ontario, Quebec and British Columbia in Canada. The Company’s wholly owned subsidiary, Solid Ultrabattery Inc., is focused on developing its battery technology. The Company operates through two segments: Research & Development, and Mineral Exploration. The Company holds mineral rights and multiple historic molybdenum properties in British Columbia and a graphite property in Quebec, which include Red Bird Property, Mount Copeland Property, Lochaber Property, Manitouwadge Graphite Property and Abamasagi Lithium Property. The Company operates a battery fabrication facility in Guelph, Ontario, and a carbon research facility in Scarborough, Ontario.


TSXV:VCT - Post by User

Post by dany399on Nov 04, 2010 3:48am
700 Views
Post# 17655375

woow new

woow new

TORCH RIVER RESOURCES LTD.

FOR IMMEDIATE RELEASE

November 4, 2010

Torch receives Re-Assays of some Rare Earths (REEs) registering above 5% at Mt. Copeland

Torch River Resources Ltd. (“Torch” or the “Corporation”) (TSX-V: TCR) (FRANKFURT: WNF)

(U.S. pink sheets: TORVF) is pleased to announce re-assayed geochemical analysis results identifying

REE (La, Ce, Pr, Nd, Pm, Sm), which were previously above measurement limits on its 100% owned

Mount Copeland mineral tenures comprising 1318 hectares and located 25 km northwest of

Revelstoke, BC. The Mt. Copeland property history includes underground excavation (1970-73) that

produced 169,729 tonnes and recovered 2,625,046 pounds (1,190,713 kilograms) of molybdenum

(Mo). When the Copeland Mine went into production in 1970, development work, diamond drilling,

mapping, & sampling indicated there were 163,340 tonnes @ 1.09% Mo.

REE’s are presently in short supply, and their values are high and increasing. Their uses are varied

but essential in manufacturing activities such as: electronics, batteries, high tech uses, strong magnets,

TV screens and microwave transmission.

Fieldwork was previously detailed in Torch River’s press release of November 2, 2010.

Recently received re-assays are as follows:

rock no %

Mo

ppm

Ce

ppm

La

ppm

Nd

ppm

Pr

ppm

Sm

ppm

Y

pp

m

Dy

ppm

Nb

% Ti Ppm

Zr

10AR-20 0.01 >50000 >50000 17650 >5000 1200 599 185 3140 2.928 6190

10AR-22 0.01 18450 18200 2540 1185 196 386 80.1 67.6 0.277 136

Note- samples (AR- 20, & 22) have above detection limit analysis and are currently being re-analyzed

(using higher standards) at Pioneer Labs and ALS Chemex Labs.

These samples are from two areas of REE bearing mineralization occurring in the East Glacier Zone

(e.g. rock chip sample COPE10AR-20) and the Marble Breccia Ridge Zone (e.g. rock chip sample

COPE10AR-22). The East Glacier and Marble Breccia Ridge Zones are about 600 meters apart, but

they occur on the same stratigraphic horizon and may be part of an extensive REE bearing mineral

zone that trends under the glacier.

Management is very encouraged by results of rock and soil samples containing elevated REE’s on Mt

Copeland and has sent for re-assay those samples over 5% (50,000 ppm). The company will continue

to focus on exploration and development targeting REE’s, Nb, Y, Zr, Ti, and Mo bearing mineral

zones. Soil/rock chip sampling and interpretation of data for Torch River Resources was carried out

under the supervision of Andris Kikauka, P. Geo., and a Qualified Person with respect to National

Instrument 43-101.

William E. Pfaffenberger

President and Chief Executive Officer

Torch River Resources Ltd. (www.torchriver.ca)

Telephone No. (403) 444-6888

or

ProActive Communications Co.

Local Vancouver: (604) 541-1995

Or toll free (800) 540-1995

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