woow newTORCH 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 variedbut 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 619010AR-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 MtCopeland 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